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The Board of Directors of Great Western Bancorp (NYSE: GWB) has declared a quarterly cash dividend of $0.05 per common share, payable on August 27, 2021. Stockholders of record as of the close of business on August 13, 2021 will receive this dividend. Future dividends will be subject to Board approval. Great Western Bancorp is the holding company for Great Western Bank, offering financial products through over 170 branches across nine states, aiming to support small and mid-sized businesses.
Great Western Bancorp, Inc. (NYSE:GWB) announced its third quarter fiscal year 2021 financial results will be released on July 29, 2021. A live conference call, discussing the earnings, will take place at 8:30 AM (ET). Interested parties can join by dialing (855) 238-8837 or participate online via the Investor Relations website. A replay will be accessible post-call through August 12, 2021. Great Western Bancorp operates Great Western Bank, which provides various financial products across nine states with over 170 branches.
Great Western Bancorp reported a net income of $51.3 million or $0.93 per diluted share for Q2 FY 2021, up from $41.3 million or $0.75 per diluted share in Q1. For H1 FY 2021, net income reached $92.6 million and $1.68 per share, with a 17.4% return on average common equity. Nonaccrual and classified loans decreased by 12.4%, and loans in payment deferral reduced to $19.7 million. The bank launched a new small business platform to enhance client experience and reduce loan closing times significantly.
The Board of Directors of Great Western Bancorp has declared a quarterly cash dividend of $0.01 per common share. This dividend will be paid on May 28, 2021, to stockholders of record as of May 14, 2021. Future dividend payments will be contingent on Board approval.
Great Western Bancorp operates Great Western Bank, which offers comprehensive financial services primarily to small and mid-sized businesses across nine states.
Great Western Bancorp (NYSE:GWB) will release its second quarter fiscal year 2021 financial results on April 29, 2021. A live conference call discussing these earnings is scheduled for 8:30 AM (ET), accessible by phone and online via the Investor Relations website. The company operates over 170 branches across nine states, offering various financial products aimed at small and mid-sized businesses and retail customers. The press release includes forward-looking statements concerning potential risks and uncertainties affecting operational results.
Great Western Bank (NYSE: GWB) appointed Rick Robinson as President of Wealth Management, based in Chandler, AZ. With over 20 years of experience, including his prior role at East West Trust Company, Robinson aims to enhance the bank's Wealth Management segment. CEO Mark Borrecco expressed confidence in Robinson's fit for the organization and its growth objectives. Great Western Bank operates more than 170 branches across nine states, focusing on relationship-based business and agribusiness banking.
Great Western Bancorp, Inc. reported a net income of $41.3 million, or $0.75 per diluted share, for Q1 FY2021, a significant increase from $11.1 million in the previous quarter. Key metrics included a 10.0% decrease in nonaccrual loans and a 20.2% reduction in the hotel loan portfolio. The company achieved a strong pre-tax pre-provision income of $66.3 million and improved its total capital position to 14.3%. Net interest income rose to $109.5 million, reflecting strong management measures amid the ongoing COVID-19 pandemic.
The Board of Directors at Great Western Bancorp has declared a quarterly cash dividend of $0.01 per common share. This dividend will be payable on February 26, 2021, to stockholders of record by the close of business on February 12, 2021. Future dividends will depend on Board approval. Great Western Bancorp operates Great Western Bank, providing financial services through over 170 branches across nine states, emphasizing relationship-based business and agribusiness banking.
Great Western Bancorp (NYSE:GWB) announced the release of its first quarter fiscal year 2021 financial results on January 27, 2021. A live conference call will occur at 8:30 AM (ET) to discuss the earnings, accessible by phone or via the internet. A replay will be available shortly after the call until February 10, 2021. Great Western Bank, the operating entity, provides banking services across nine states, focusing on relationship-based business and agribusiness banking. Investors can visit their Investor Relations website for further updates and email alerts.
Great Western Bancorp, Inc. (NYSE:GWB) announced that its 2020 Annual Report, including its Fiscal Year 2020 Form 10-K, is now available on its website. This report was filed with the SEC on November 23, 2020. Additionally, the company has scheduled its Annual Meeting of Stockholders for February 9, 2021, starting at 9:00 a.m. (Central Time). Due to COVID-19, the meeting will be held virtually, allowing shareholders to participate online.
