Headlines about West Bancorporation (NASDAQ:WTBA) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. West Bancorporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.0965095150116 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, BidaskClub cut West Bancorporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
Shares of West Bancorporation (WTBA) traded up 0.46% during trading on Tuesday, hitting $22.05. The stock had a trading volume of 299 shares. The firm’s 50-day moving average is $23.17 and its 200 day moving average is $22.89. West Bancorporation has a 52-week low of $18.31 and a 52-week high of $25.05. The firm has a market cap of $357.45 million, a price-to-earnings ratio of 14.80 and a beta of 1.06.
West Bancorporation (NASDAQ:WTBA) last announced its earnings results on Thursday, July 27th. The financial services provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. West Bancorporation had a return on equity of 14.41% and a net margin of 31.77%. The business had revenue of $17.41 million during the quarter. On average, analysts expect that West Bancorporation will post $1.53 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th will be issued a $0.18 dividend. The ex-dividend date is Monday, August 7th. This represents a $0.72 annualized dividend and a dividend yield of 3.28%. West Bancorporation’s dividend payout ratio is presently 48.32%.
In related news, SVP Marie I. Roberts sold 1,681 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $23.33, for a total value of $39,217.73. Following the completion of the sale, the senior vice president now owns 16,500 shares of the company’s stock, valued at $384,945. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.87% of the stock is currently owned by company insiders.
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About West Bancorporation
West Bancorporation, Inc is a bank holding company. The Company owns West Bank, which is a business-focused community bank. The Company operates in three markets, which include central Iowa; eastern Iowa, which is the area including and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota, area.
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