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Private company

Great Western Bancorp, Inc.

American state commercial bank based in Sioux Falls, incorporated in Delaware2

In its 2021 annual report the company says: “We are a full-service regional bank holding company focused on relationship-based commercial banking through our wholly owned banking subsidiary. Our Bank was established more than 80 years ago and has achieved strong market positions by developing and maintaining extensive local relationships in the communities we serve. We serve our customers through a network of 174 branches in attractive markets in nine states: Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.”52

Last updated Oct 21, 2026.

Overview

$53.5MRevenue, fiscal 20213
$203.3MNet income, fiscal 20213
  • IndustryState Commercial Banks2
  • HeadquartersSioux Falls, United States2
  • Incorporated inDE4
  • Business address225 S. Main Avenue, Sioux Falls, Sd 571044
  • Filer categoryLarge accelerated filer4
  • Legal formCorporation2
  • LEI5493004X4OTHDTFBHI902
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 55640852

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

380.0%Net margin3
2.4%Revenue growth, 20213
16.9%Return on equity3
0.09×Debt to equity3
$225.3MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Interest8¢$23.4M
  • Income tax21¢$59.0M
  • Profit71¢$203.3M

Out of $53.5M in revenue.3

Where each dollar of operating cash went, fiscal 2021

  • Capital spending3¢$6.1M
  • Dividends paid2¢$4.4M
  • Kept or used elsewhere95¢$220.9M

Out of $231.5M of cash from operations.3

Financial statements

Revenue563$53.5M in 2021−22% since 2017
0$20.0M$40.0M$60.0M$80.0M2017: $68.2M$68.2M20172018: $66.9M$66.9M2018−2%2019: $55.9M$55.9M2019−16%2020: $52.2M$52.2M2020−6%2021: $53.5M$53.5M2021+2%
Net income78563$203.3M in 2021+86% since 2015
-$750.0M-$500.0M-$250.0M0$250.0M2015: $109.1M$109.1M20152016: $121.3M$121.3M2016+11%2017: $144.8M$144.8M2017+19%2018: $157.9M$157.9M2018+9%2019: $167.4M$167.4M2019+6%2020: -$680.8M-$680.8M20202021: $203.3M$203.3M2021
Fiscal year2015201620172018201920202021
Revenue$68.2M5$66.9M6$55.9M3$52.2M3$53.5M3
Interest$29.9M7$33.5M8$45.3M5$74.0M6$122.2M3$74.1M3$23.4M3
Income tax$52.5M7$58.9M8$69.4M5$74.1M6$48.2M3-$25.5M3$59.0M3
Net income$109.1M7$121.3M8$144.8M5$157.9M6$167.4M3-$680.8M3$203.3M3
Earnings per share$1.907$2.148$2.465$2.686$2.933-$12.243$3.683
Earnings per share (diluted)$1.907$2.148$2.455$2.676$2.923-$12.243$3.673

Compare Great Western Bancorp, Inc. with another company

Corporate structure

Great Western Bancorp, Inc. is part of a group headed by FIRST INTERSTATE BANCSYSTEM, INC.. 15 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Great Western Bancorp, Inc.

  • Macquarie Group Filed SC 13G/A on Great Western Bancorp, Inc., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • Versor Investments LP Filed SC 13G/A on Great Western Bancorp, Inc., latest Feb 10, 2023 (3 filings since Dec 13, 2021)
  • BlackRock Filed SC 13G/A on Great Western Bancorp, Inc., latest Mar 11, 2022 (3 filings since Feb 8, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Great Western Bancorp, Inc., latest Feb 10, 2022
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Great Western Bancorp, Inc., latest Feb 8, 2022
  • Wellington Management Company Filed SC 13G on Great Western Bancorp, Inc., latest Feb 4, 2022
  • FIRST INTERSTATE BANCSYSTEM, INC. Billings, Montana, United States
    • First Interstate Bank Billings, Montana, United States
      • FI Capital Trust II Subsidiary · Delaware, United States
      • FI Capital Trust IV Subsidiary · Delaware, United States
      • FI Statutory Trust I Subsidiary · Connecticut, United States
      • FI Statutory Trust III Subsidiary · Delaware, United States
      • FI Statutory Trust V Subsidiary · Delaware, United States
      • FI Statutory Trust VI Subsidiary · Delaware, United States
      • Great Western Statutory Trust IV Subsidiary · Connecticut, United States
      • GWB Capital Trust VI Subsidiary · Delaware, United States
      • HF Financial Capital Trust V Subsidiary · Delaware, United States
      • HF Financial Capital Trust VI Subsidiary · Delaware, United States
      • Northwest Bancorporation Capital Trust I Subsidiary · Delaware, United States
      • Sunstate Bancshares Trust II Subsidiary · Delaware, United States
    • Great Western Bancorp, Inc. Sioux Falls, South Dakota, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Great Western Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$155.3M3 Sep 30, 2021$158.2M3 Sep 30, 2020−1.8%
Accumulated depreciation$37.3M3 Sep 30, 2021$39.1M3 Sep 30, 2020−4.6%
Property and equipment, net$118.0M3 Sep 30, 2021$119.1M3 Sep 30, 2020−0.9%
Operating-lease assets (leased space)$19.7M3 Sep 30, 2021$22.7M3 Sep 30, 2020−13.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.6B3 Sep 30, 2021$432.9M3 Sep 30, 2020+258.6%
Debt securities available for sale$1.8B6 Sep 30, 2020$1.8B6 Sep 30, 2019−0.5%
Loans, net of allowance$7.9B3 Sep 30, 2021$9.9B3 Sep 30, 2020−20.0%
Deposits held (banks)$11.3B3 Sep 30, 2021$11.0B3 Sep 30, 2020+2.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$03 Sep 30, 2021$03 Sep 30, 2020
Finite-lived intangibles, gross$11.0M3 Sep 30, 2021$11.0M3 Sep 30, 20200%
Accumulated amortization$5.9M3 Sep 30, 2021$4.9M3 Sep 30, 2020+20.7%
Finite-lived intangibles, net$5.2M3 Sep 30, 2021$6.2M3 Sep 30, 2020−16.4%

Leadership

Who has led Great Western Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kenneth James Karels2015–2019
  2. Mark Charles Borrecco2020–2022

Chair

  1. Kenneth James Karels2019

President

  1. Kenneth James Karels2015–2019
  2. Mark Charles Borrecco2020–2022

Chief financial officer

  1. Peter Robert Chapman2015–2022
201520202025
Board members and other officers (25)

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Apr 7, 2022Parent Directly consolidated by FIRST INTERSTATE BANCSYSTEM, INC.2
  2. Feb 1, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights39
  3. Jan 27, 20228-K Results of operations; Regulation FD disclosure; Other events40
  4. Jan 20, 20228-K Shareholder vote; Other events41
  5. Jan 10, 20228-K Other events42
  6. Dec 23, 20218-K Other events43
  7. Oct 26, 20218-K Results of operations; Regulation FD disclosure44
  8. Oct 26, 20218-K Other events45
  9. Mar 9, 2020New chief executive Mark Charles Borrecco becomes CEO11
  10. Oct 20, 2015New chief executive Kenneth James Karels becomes CEO12
  11. Jul 2, 2014Founded Great Western Bancorp, Inc. is founded2

Calendar

When it reported results

  1. Jan 27, 2022Reported quarterly or annual results40
  2. Oct 26, 2021Reported quarterly or annual results44

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

60 filings to the SEC since October 2021: 1 annual reports, 7 major events, 33 insider forms, 11 large holders, 8 other. The latest 20:

  1. Feb 14, 2023SC 13G/A EDGAR
  2. Feb 10, 2023SC 13G/A EDGAR
  3. Mar 11, 2022SC 13G/A EDGAR
  4. Feb 14, 2022SC 13G/A EDGAR
  5. Feb 11, 202215-12B EDGAR
  6. Feb 10, 2022SC 13G/A SCHEDULE 13G/A EDGAR
  7. Feb 9, 2022SC 13G/A EDGAR
  8. Feb 8, 2022SC 13G/A EDGAR
  9. Feb 8, 2022SC 13G EDGAR
  10. Feb 8, 2022SC 13G/A SEC SCHEDULE 13G EDGAR
  11. Feb 4, 2022SC 13G SEC SCHEDULE 13G EDGAR
  12. Feb 3, 20224 EDGAR
  13. Feb 3, 20224 EDGAR
  14. Feb 3, 20224 EDGAR
  15. Feb 3, 20224 EDGAR
  16. Feb 3, 20224 EDGAR
  17. Feb 3, 20224 EDGAR
  18. Feb 3, 20224 EDGAR
  19. Feb 3, 20224 EDGAR
  20. Feb 3, 20224 EDGAR

The 60 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Great Western Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGreat Western Bancorp, Inc.1
  • CIK0001613665
  • Employer ID (EIN)47-13085121
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsSeptember 301
  • Industry code (SIC)6022 State Commercial Banks1
  • Business address225 S. Main Avenue, Sioux Falls, SD 571041
  • Phone605-334-25481
  • Shares outstanding55,118,468 as of Nov 22, 20213
  • Public float$1.7B as of Mar 31, 20213
  • On EDGAR sinceJul 18, 20141
  • Filings586 in all: 4 (228), 8-K (128), 425 (51), SC 13G/A (31), 3 (28), 10-Q (21), SC 13G (12), CORRESP (11)1
    All 40 form types

    10-K (8), DEF 14A (7), UPLOAD (6), DEFA14A (5), S-1/A (5), EFFECT (4), 4/A (3), 424B4 (3), S-1 (3), S-8 (3), S-8 POS (3), 8-K/A (2), DRS/A (2), S-3ASR (2), S-4/A (2), SC 13D/A (2), 10-Q/A (1), 144 (1), 15-12B (1), 25-NSE (1), 424B3 (1), 424B5 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), DRS (1), DRSLTR (1), FWP (1), POSASR (1), S-1MEF (1), S-4 (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Nov 24, 2021
    Quarterly report (10-Q) Aug 4, 2021
    Proxy statement (DEF 14A) Dec 23, 2020
    Latest 8-K (8-K) Feb 1, 2022

Sources

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