Shares of Great Western Bancorp (NYSE:GWB) were unchanged after the company reported Q1 results.
Earnings per share decreased 2.60% year over year to $0.75, which beat the estimate of $0.39.
Revenue of $122,056,000 rose by 0.95% year over year, which beat the estimate of $115,560,000.
Great Western Bancorp hasn’t issued any earnings guidance for the time being.
Revenue guidance hasn’t been issued by the company for now.
Details Of The Call
Date: Jan 27, 2021
Time: 08:30 AM
Company’s 52-week high was at $33.24
Company’s 52-week low was at $10.86
Price action over last quarter: Up 84.17%
Great Western Bancorp Inc is a bank holding company. The company principally operates through its wholly owned subsidiary, Great Western Bank. The bank is a full-service regional bank focused on relationship-based banking and agri-business banking primarily in the Midwest, as well as the Southwest region of the United States. The bank’s strategy does not emphasize building-specific lines of business or geographic segments but instead prefers to work as an integrated unit providing customized solutions for its customers. The company, therefore, reports only through one segment. A plurality of its loan portfolio is in commercial real estate, followed by agricultural loans. The vast majority of the company’s net revenue comes from net interest income.