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Great Western Bancorp: Fiscal 1Q Earnings Snapshot

January 27, 2021 GMT

SIOUX FALLS, S.D. (AP) _ Great Western Bancorp Inc. (GWB) on Wednesday reported fiscal first-quarter profit of $41.3 million.

The Sioux Falls, South Dakota-based bank said it had earnings of 75 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The holding company for Great Western Bank posted revenue of $129.7 million in the period. Its revenue net of interest expense was $122.1 million, also topping Street forecasts.

Great Western Bancorp shares have risen 14% since the beginning of the year. The stock has declined 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GWB at https://www.zacks.com/ap/GWB