Great Western Bancorp (NYSE:GWB) posted its quarterly earnings data on Thursday. The bank reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01), MarketWatch Earnings reports. Great Western Bancorp had a return on equity of 9.62% and a net margin of 30.47%. The firm had revenue of $121.70 million during the quarter, compared to analyst estimates of $121.78 million. During the same period in the prior year, the business posted $0.69 EPS. The company’s revenue for the quarter was up 2.0% on a year-over-year basis.

Shares of NYSE:GWB opened at $33.61 on Friday. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 11.59, a P/E/G ratio of 1.43 and a beta of 1.59. Great Western Bancorp has a 12-month low of $29.52 and a 12-month high of $46.03. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.98 and a quick ratio of 0.98.

The business also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.57%. This is a positive change from Great Western Bancorp’s previous quarterly dividend of $0.25. Great Western Bancorp’s dividend payout ratio (DPR) is 34.48%.

A number of equities analysts recently commented on GWB shares. Zacks Investment Research raised shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, December 28th. Piper Jaffray Companies set a $38.00 price objective on shares of Great Western Bancorp and gave the stock a “hold” rating in a research note on Friday, January 25th.

Several large investors have recently modified their holdings of the business. Victory Capital Management Inc. boosted its stake in shares of Great Western Bancorp by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 15,099 shares of the bank’s stock valued at $472,000 after buying an additional 588 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of Great Western Bancorp by 3.4% during the 4th quarter. Los Angeles Capital Management & Equity Research Inc. now owns 19,080 shares of the bank’s stock valued at $596,000 after buying an additional 630 shares during the period. Texas Permanent School Fund boosted its stake in shares of Great Western Bancorp by 1.8% during the 4th quarter. Texas Permanent School Fund now owns 37,736 shares of the bank’s stock valued at $1,179,000 after buying an additional 668 shares during the period. Congress Asset Management Co. MA boosted its stake in shares of Great Western Bancorp by 3.7% during the 4th quarter. Congress Asset Management Co. MA now owns 21,294 shares of the bank’s stock valued at $665,000 after buying an additional 760 shares during the period. Finally, Jennison Associates LLC boosted its stake in shares of Great Western Bancorp by 1.8% during the 4th quarter. Jennison Associates LLC now owns 51,571 shares of the bank’s stock valued at $1,612,000 after buying an additional 894 shares during the period.

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Great Western Bancorp Company Profile

Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards.

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Earnings History for Great Western Bancorp (NYSE:GWB)

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