GWB - Dividend announcements

Highlights for the Quarter Ending on December 31, 2021 (all quarterly comparisons in this document refer to the quarter ending on September 30, 2021, except as noted) Net income of $39.2 million, or $0.71 per diluted share, down from $51.9 million, or $0.93 per diluted share Net interest income1 of $95.3 million, up from $95.1 million, with net interest margin1 of 3.05%, down from 3.10% Total loans of $8.13 billion, down $50.8 million, including a reduction of $121.9 million in Paycheck Protection Program ("PPP") loans $75.1 million of criticized loans secured by hotels, including $69.4 million substandard, were written down to $65.8 million and transferred to held for sale after be

The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.05 per common share will be paid on November 26, 2021, to all stockholders of record as of the close of business on November 12, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loa

Highlights for the Quarter Ending on September 30, 2021 (all quarterly comparisons in this document refer to the quarter ending on June 30, 2021, except as noted) Net income of $51.9 million, or $0.93 per diluted share, down from $58.7 million, or $1.06 per diluted share Net interest income1 of $95.1 million, down from $99.1 million, with net interest margin1 of 3.10%, down from 3.23% Total loans of $8.19 billion, down $292.7 million, including a reduction of $152.9 million in Paycheck Protection Program ("PPP") loans Total deposits of $11.31 billion, down $227.3 million Allowance for credit losses ("ACL") of $246.0 million, down from $270.3 million, and a ratio of ACL to total lo

Highlights for the Second Quarter of Fiscal Year 2021 (all quarterly comparisons in this document refer to the first quarter of fiscal year 2021, except as noted) Net income of $51.3 million, or $0.93 per diluted share, up from $41.3 million, or $0.75 per diluted share Net interest income1 of $104.4 million, down from $109.5 million, with net interest margin1 of 3.51%, down from 3.63% Noninterest income of $17.2 million, up from $14.1 million Noninterest expense of $59.1 million, up from $57.4 million Total loans of $9.01 billion, down $506.5 million, including a reduction of $132.7 million in Paycheck Protection Program ("PPP") loans Average deposits of $11.27 billion, up $138.

The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.01 per common share will be paid on May 28, 2021, to all stockholders of record as of the close of business on May 14, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loan products

SIOUX FALLS, S.D.--(BUSINESS WIRE)--Great Western Bancorp, Inc. (NYSE: GWB) today reported net income of $41.3 million, or $0.75 per diluted share, for the first quarter of fiscal year 2021, compared to net income of $11.1 million, or $0.20 per diluted share, for the fourth quarter of fiscal year 2020. "Our quarterly results reflect the meaningful progress in key areas over the past several months," said Mark Borrecco, President and Chief Executive Officer. "Our focus on credit risk management resulted in a 10.0% decrease in nonaccrual loans. We reduced our hotel (excluding casino hotels) portfolio by 20.2% through multiple sales at a 12.0% discount to loan value, and our deferra

SIOUX FALLS, S.D.--(BUSINESS WIRE)--The Board of Directors of Great Western Bancorp, Inc. (NYSE: GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.01 per common share will be paid on February 26, 2021, to all stockholders of record as of the close of business on February 12, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of fina