West Bancorporation (WTBA) to Release Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) is projected to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect West Bancorporation to post earnings of $0.38 per share and revenue of $21.61 million for the quarter.

West Bancorporation (NASDAQ:WTBA) last announced its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. West Bancorporation had a return on equity of 10.56% and a net margin of 12.12%. During the same period last year, the business earned $0.27 earnings per share. On average, analysts expect West Bancorporation to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

West Bancorporation Stock Performance

West Bancorporation stock opened at $18.68 on Thursday. The company has a market cap of $314.44 million, a PE ratio of 13.06 and a beta of 0.91. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.86. West Bancorporation has a 1 year low of $15.80 and a 1 year high of $24.85. The company’s 50-day moving average is $20.60 and its two-hundred day moving average is $21.42.

West Bancorporation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.00 annualized dividend and a yield of 5.35%. West Bancorporation’s dividend payout ratio is currently 69.93%.

Analyst Upgrades and Downgrades

Several brokerages have commented on WTBA. StockNews.com upgraded shares of West Bancorporation from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Piper Sandler dropped their price objective on West Bancorporation from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

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.