West Bancorporation (WTBA) to Release Quarterly Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) is anticipated to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect West Bancorporation to post earnings of $0.40 per share and revenue of $21,420.00 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

West Bancorporation (NASDAQ:WTBA) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. West Bancorporation had a net margin of 11.17% and a return on equity of 9.46%. The business had revenue of $50.97 million during the quarter, compared to analyst estimates of $20.00 million. During the same period in the previous year, the business posted $0.35 EPS. 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 $21.34 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.86. The firm’s 50-day moving average price is $22.67 and its two-hundred day moving average price is $20.75. West Bancorporation has a 52-week low of $15.80 and a 52-week high of $24.85. The stock has a market capitalization of $359.22 million, a P/E ratio of 16.67 and a beta of 0.98.

West Bancorporation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.69%. The ex-dividend date was Wednesday, November 6th. West Bancorporation’s dividend payout ratio (DPR) is 78.13%.

Analysts Set New Price Targets

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

Insider Activity at West Bancorporation

In related news, Director Douglas R. Gulling sold 4,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $23.61, for a total value of $94,440.00. Following the completion of the sale, the director now owns 80,709 shares of the company’s stock, valued at $1,905,539.49. This represents a 4.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 4.48% of the stock is owned by insiders.

About West Bancorporation

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.