West Bancorporation (WTBA) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

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.

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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.

Earnings History for West Bancorporation (NASDAQ:WTBA)

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