West Bancorporation (WTBA) to Release Quarterly Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) is expected to be announcing its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.40 per share and revenue of $21,420.00 billion for the quarter.

West Bancorporation (NASDAQ:WTBA) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. The firm had revenue of $50.97 million for the quarter, compared to analysts’ expectations of $20.00 million. West Bancorporation had a return on equity of 9.46% and a net margin of 11.17%. During the same quarter last year, the firm earned $0.35 earnings per share. On average, analysts expect West Bancorporation to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

West Bancorporation Stock Performance

Shares of NASDAQ:WTBA opened at $21.43 on Thursday. The firm has a market capitalization of $360.73 million, a PE ratio of 16.74 and a beta of 0.98. West Bancorporation has a 12 month low of $15.80 and a 12 month high of $24.85. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.95 and a quick ratio of 0.95. The business has a 50-day moving average of $22.82 and a two-hundred day moving average of $20.65.

West Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend was Wednesday, November 6th. West Bancorporation’s dividend payout ratio (DPR) is presently 78.13%.

Insider Activity at West Bancorporation

In other West Bancorporation news, Director Douglas R. Gulling sold 4,000 shares of West Bancorporation stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $23.61, for a total transaction of $94,440.00. Following the sale, the director now directly owns 80,709 shares in the company, valued at $1,905,539.49. The trade was a 4.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.48% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Piper Sandler boosted their price objective on shares of West Bancorporation from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. StockNews.com raised shares of West Bancorporation from a “sell” rating to a “hold” rating in a research report on Monday, October 28th.

West Bancorporation Company Profile

West Bancorporation, Inc operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit.