Great Western Bancorp, Inc. (GWB) Stock Analysis
DELISTED 2022
What happened to Great Western Bancorp, Inc. (GWB) stock?
Great Western Bancorp, Inc. (GWB) no longer trades on public markets. It was delisted in February 2022. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Great Western Bancorp, Inc. (GWB) trades at $30.88. Great Western Bancorp, Inc. operates as a bank holding company, providing a range of financial services including business and retail banking, agri-business solutions, and wealth management. Sector: Financial services.
Last analyzed: May 5, 2026Analyst Coverage for GWB: GWB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates GWB against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
GWB: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Great Western Bancorp, Inc. (GWB) Financial Services Profile
Great Western Bancorp, Inc., founded in 1935, provides comprehensive banking and wealth management services across the Midwest and Southwest. With a focus on business and agri-business banking, the company operates 174 branches and 163 ATMs, serving sectors like hospitality, agriculture, and healthcare, while maintaining a profit margin of 43.4%.
What Is the Investment Thesis for GWB?
Great Western Bancorp, Inc. presents a compelling investment case centered on its established presence in the Midwest and Southwest banking sector. With a P/E ratio of 8.4 and a strong profit margin of 43.4%, the company demonstrates financial stability. Key value drivers include its focus on agri-business and commercial real estate lending, which cater to essential economic sectors. Growth catalysts include expansion of digital banking services and strategic initiatives to enhance wealth management offerings. Potential risks include exposure to regional economic fluctuations and increasing competition from larger national banks and fintech companies. The company's dividend yield of 0.39% offers a modest income stream, while its beta of 1.18 indicates moderate volatility relative to the market.
Based on FMP financials and quantitative analysis
GWB Key Highlights
Profit Margin of 43.4% indicates strong operational efficiency and profitability.
- Gross Margin of 100.0% reflects efficient management of interest income and expenses.
- P/E Ratio of 8.4 suggests the company may be undervalued compared to its earnings.
- Dividend Yield of 0.39% provides a modest income stream for investors.
- Operates 174 branches and 163 ATMs across nine states, providing a strong regional presence.
Who Are GWB's Competitors?
GWB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| WTFC Wintrust Financial Corporation | $152.61 | -0.52% | $10.3B | 86 |
| USB U.S. Bancorp | $62.61 | -0.33% | $97.5B | 96 |
| FHN First Horizon Corporation | $24.87 | -3.68% | $11.8B | 92 |
| ZION Zions Bancorporation, National Association | $68.39 | +0.15% | $9.98B | 98 |
| BOKF BOK Financial Corporation | $139.84 | -0.36% | $8.50B | 95 |
| UBSI United Bankshares, Inc. | $47.70 | +0.02% | $6.57B | 96 |
| ASB Associated Banc-Corp | $30.78 | -0.10% | $5.81B | 94 |
| FBP First BanCorp. | $28.41 | -0.19% | $4.34B | 97 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GWB's Key Strengths?
Strong regional presence in the Midwest and Southwest.
- Specialized expertise in agri-business lending.
- Diversified product and service offerings.
- Established customer relationships.
What Are GWB's Weaknesses?
Limited geographic diversification compared to larger national banks.
- Reliance on regional economic conditions.
- Exposure to interest rate risk.
- Smaller scale compared to national competitors.
What Could Drive GWB Stock Higher?
Expansion of digital banking services to attract and retain customers.
- Strategic focus on agri-business lending to capitalize on growth in the agricultural sector.
- Enhancement of wealth management services to increase fee income and diversify revenue streams.
- Potential partnerships with fintech companies to offer innovative financial products and services by Q4 2026.
- Geographic expansion within existing footprint to increase market share by Q2 2027.
What Are the Key Risks for GWB?
Increasing competition from larger national banks and fintech companies.
- Regulatory changes and compliance costs impacting profitability.
- Economic downturn in key markets affecting loan performance.
- Exposure to interest rate risk impacting net interest margin.
- Cybersecurity risks and data breaches compromising customer information.
What Are the Growth Opportunities for GWB?
- Expansion of Digital Banking Services: Great Western Bancorp, Inc. can capitalize on the increasing demand for digital banking solutions by enhancing its online and mobile banking platforms. This includes offering a wider range of digital services such as mobile check deposit, online account opening, and personalized financial management tools. The market for digital banking is projected to grow significantly, with mobile banking transactions expected to increase by 20% annually, providing a substantial opportunity for GWB to attract and retain customers by 2028.
- Strategic Focus on Agri-Business Lending: Given its strong presence in agricultural states, Great Western Bancorp, Inc. can further expand its agri-business lending services. This includes offering tailored financial solutions to farmers and agri-businesses, such as short-term working capital funding and long-term lending. The agri-business sector is expected to see continued growth, driven by increasing global demand for food and agricultural products. By focusing on this sector, GWB can leverage its expertise and build stronger relationships with its customer base by 2027.
- Enhancement of Wealth Management Services: Great Western Bancorp, Inc. can grow its wealth management business by offering comprehensive financial planning, private banking, and investment management services. This includes targeting high-net-worth individuals and families in its existing markets. The wealth management market is expected to grow as the population ages and wealth accumulates. By enhancing its wealth management offerings, GWB can increase its fee income and diversify its revenue streams by 2028.
- Geographic Expansion within Existing Footprint: Great Western Bancorp, Inc. can strategically expand its branch network and ATM presence within its existing nine-state footprint. This includes identifying underserved markets and opening new branches in high-growth areas. By expanding its geographic reach, GWB can increase its market share and attract new customers. This targeted expansion can be achieved by 2027, focusing on areas with strong economic growth and demographic trends.
- Leveraging Partnerships with Fintech Companies: Great Western Bancorp, Inc. can partner with fintech companies to offer innovative financial products and services. This includes collaborating with fintechs in areas such as online lending, payment processing, and financial management. By partnering with fintechs, GWB can enhance its digital capabilities and offer a wider range of services to its customers. These partnerships can be established by 2026, allowing GWB to quickly adapt to changing customer needs and market trends.
What Are GWB's Competitive Advantages?
- Established Regional Presence: Strong branch network and ATM presence in key Midwest and Southwest markets.
- Specialized Expertise in Agri-Business: Deep understanding of the agricultural sector and tailored financial solutions.
- Strong Customer Relationships: Long-standing relationships with local businesses and communities.
- Diversified Product and Service Offerings: Wide range of banking, lending, and wealth management services.
What Does GWB Do?
Great Western Bancorp, Inc., established in 1935 and headquartered in Sioux Falls, South Dakota, functions as the bank holding company for Great Western Bank. The bank offers a diverse suite of financial products and services, encompassing business banking, agri-business solutions, retail banking, and wealth management. Its core offerings include a variety of deposit accounts such as noninterest-bearing and interest-bearing demand accounts, time deposits, and corporate credit cards. Loan products include commercial real estate loans, commercial non-real estate loans, agri-business lending, and residential mortgage loans. Great Western Bank also provides wealth management services, including financial planning, private banking, investment management, and trust services. The company supports its customers with cash management, online business deposit, and wire transfer services, as well as crop insurance. Its services are accessible through a network of 174 branches and 163 ATMs across Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota. Great Western Bancorp, Inc. focuses on serving industries such as hospitality/tourism, agri-business, freight and transport, and healthcare. The company continues to evolve its service offerings through online, telephone, and mobile banking platforms to meet the changing needs of its customer base.
What Products and Services Does GWB Offer?
- Provides business banking services to small and medium-sized enterprises.
- Offers agri-business banking solutions, including loans and financial services tailored to the agricultural sector.
- Delivers retail banking services, including checking and savings accounts, loans, and credit cards.
- Provides wealth management services, including financial planning, investment management, and trust services.
- Offers commercial real estate (CRE) loans for owner-occupied and non-owner-occupied properties.
- Provides online, telephone, and mobile banking services for convenient customer access.
- Offers cash management and wire transfer services for businesses.
How Does GWB Make Money?
- Generates revenue through interest income from loans, including commercial real estate, commercial non-real estate, and agri-business loans.
- Earns fee income from wealth management services, including financial planning and investment management.
- Collects service charges on deposit accounts and other banking services.
- Manages risk through diversification of loan portfolio and adherence to regulatory requirements.
What Industry Does GWB Operate In?
Great Western Bancorp, Inc. operates within the regional banking sector, which is characterized by increasing consolidation and competition from both larger national banks and fintech companies. The industry is influenced by interest rate environments, regulatory changes, and technological advancements. Regional banks like Great Western Bancorp, Inc. differentiate themselves through localized customer service and specialized expertise in sectors such as agriculture and commercial real estate. The market is seeing a growing demand for digital banking solutions and personalized financial services, driving banks to invest in technology and customer experience.
Who Are GWB's Key Customers?
- Small and medium-sized businesses in various sectors, including hospitality/tourism, freight and transport, and healthcare.
- Agri-businesses, including farmers and agricultural companies.
- Individual retail customers seeking banking and wealth management services.
- Commercial real estate developers and investors.
Company Profile
Great Western Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Sioux Falls, US. The company is led by CEO Mark Borrecco. GWB has traded publicly since 2014.
Key Financial Metrics
Return on equity for Great Western Bancorp, Inc. stands at 17.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.6%, showing how much profit it generates from its asset base. GWB trades at a trailing price-to-earnings ratio of 8.42, below the Financial Services sector average of ~18x. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 11.9%, the inverse of the P/E and a quick read on earnings relative to price.
Insider Activity
The most recent 12 insider filings for Great Western Bancorp, Inc. break down as 6 sales and 6 purchases. On net that is roughly 9K shares acquired (about $0) — insiders putting money in tends to read as conviction.
GWB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests those in the know see value, signaling potential confidence in the company's future performance.
- Community sentiment appears optimistic, with many users discussing potential growth catalysts for GWB in the coming quarters.
- Positive market perception seems to be building as GWB navigates the current economic landscape, potentially attracting more investors.
- Discussions suggest GWB is perceived as a stable regional bank, which could make it attractive during times of economic uncertainty.
Bear Case
- Some insiders have reduced their positions, which, while not definitively negative, might indicate a lack of complete conviction.
- There are concerns voiced within the community about increased competition in the regional banking sector, potentially impacting GWB's market share.
- Market perception indicates sensitivity to interest rate fluctuations, which could negatively affect GWB's profitability if rates decline.
- A segment of the community expresses worry about potential loan defaults impacting GWB's financial health, given the current economic climate.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
GWB Latest News
No recent news available for GWB.
Leadership: Mark Borrecco
CEO
Mark Borrecco serves as the CEO of Great Western Bancorp, Inc. His career spans several decades in the financial services industry, with a focus on commercial banking and strategic leadership. He has held various executive positions at regional and national banks, contributing to his expertise in financial management, risk assessment, and business development. Borrecco's leadership is characterized by a commitment to customer service and community engagement. He holds a degree in Business Administration and has completed executive education programs at leading business schools.
Track Record: Under Mark Borrecco's leadership, Great Western Bancorp, Inc. has focused on enhancing its digital banking capabilities and expanding its presence in key markets. He has overseen strategic initiatives to improve operational efficiency and strengthen customer relationships. Key milestones include the successful integration of new technologies and the expansion of wealth management services. His tenure has been marked by a commitment to sustainable growth and shareholder value.
Common Questions About GWB (Financial Services)
What happened to Great Western Bancorp, Inc. (GWB) stock?
Great Western Bancorp, Inc. (GWB) no longer trades on public markets. It was delisted in February 2022. The figures below are historical and are not a current quote.
Can I still buy GWB shares?
No. GWB stopped trading on public markets in February 2022, so the shares are not available through a broker. Anything you see quoted for GWB elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before GWB stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Great Western Bancorp, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Great Western Bancorp, Inc. do?
Great Western Bancorp, Inc., through its subsidiary Great Western Bank, provides a comprehensive suite of banking and financial services. These include business banking, agri-business solutions, retail banking, and wealth management. The company focuses on serving small to medium-sized businesses, agricultural enterprises, and individual customers across its nine-state footprint.
What do analysts say about GWB stock?
Analyst coverage of Great Western Bancorp, Inc. typically focuses on its financial performance, regional market position, and growth prospects. Key valuation metrics such as P/E ratio and profit margin are closely monitored. Analyst consensus generally reflects expectations for steady growth, driven by the company's focus on agri-business and commercial lending.
What are the main risks for GWB?
Great Western Bancorp, Inc. faces several key risks, including increasing competition from larger national banks and fintech companies, which could erode market share and pressure margins. Regulatory changes and compliance costs pose ongoing challenges, potentially impacting profitability. Economic downturns in its key regional markets could lead to increased loan defaults and reduced demand for banking services.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2021 and 2026-05-05.
- Financial metrics are based on historical data and may not be indicative of future performance.