Earnings of Great Western Bancorp (GWB) plunged by 32% sequentially in the March-ending quarter to $0.52 per share, on an adjusted basis. The earnings decline was mostly attributable to a surge in provision expense amid the COVID-19 pandemic. On a GAAP basis, GWB reported a loss of 13.25/share in the quarter as it booked an impairment of goodwill. Earnings will likely decline on a year-over-year basis in the remainder of the year due to higher provision expense compared to last year. GWB’s exposure to the agricultural sector and hotel industry will likely drive