Equity Analysis /
United States of America

US : Great Western Bancorp, Inc. - GWB | Raising EPS Estimates; Maintaining Market Perform Rating

    Contributors
    Ken Kohut
    Daniel Tamayo
    CGS-CIMB
    1 February 2021
    Published byCGS-CIMB

    We reiterate our Market Perform rating on GWB shares following its release of F1Q financial results. We are encouraged by EPS and pretax pre-provision income exceeding our estimates driven by higher net interest income (helped by interest recoveries), higher fee income, and lower operating expenses