West Bancorporation (NASDAQ:WTBA) issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01, Bloomberg Earnings reports. The company had revenue of $17.30 million during the quarter. West Bancorporation had a net margin of 31.63% and a return on equity of 14.48%.
West Bancorporation (NASDAQ:WTBA) opened at $24.25 on Friday. The firm has a market cap of $392.42, a P/E ratio of 15.92 and a beta of 0.98. West Bancorporation has a 12-month low of $20.60 and a 12-month high of $25.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.87 and a quick ratio of 0.87.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be paid a $0.18 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.97%. West Bancorporation’s dividend payout ratio is presently 47.37%.
Separately, BidaskClub cut shares of West Bancorporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
TRADEMARK VIOLATION NOTICE: “West Bancorporation (WTBA) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS” was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this story on another publication, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The original version of this story can be viewed at https://stocknewstimes.com/2017/11/11/west-bancorporation-wtba-releases-earnings-results-beats-estimates-by-0-01-eps.html.
West Bancorporation Company Profile
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.
Receive News & Ratings for West Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.