West Bancorporation (WTBA) Projected to Post Quarterly Earnings on Thursday

West Bancorporation (NASDAQ:WTBAGet Free Report) is anticipated to issue its quarterly earnings data 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. Investors that are interested in participating in the company’s conference call can do so using this link.

West Bancorporation (NASDAQ:WTBAGet Free Report) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.35 EPS for the quarter, topping 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 firm had revenue of $50.97 million for the quarter, compared to analysts’ expectations of $20.00 million. During the same period in the previous year, the business 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

NASDAQ:WTBA opened at $21.34 on Tuesday. The company has a 50-day moving average of $22.67 and a 200-day moving average of $20.75. The firm has a market cap of $359.22 million, a price-to-earnings ratio of 16.67 and a beta of 0.98. 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 twelve month low of $15.80 and a twelve month high of $24.85.

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 paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.69%. The ex-dividend date of this dividend was Wednesday, November 6th. West Bancorporation’s dividend payout ratio is presently 78.13%.

Wall Street Analyst Weigh In

WTBA has been the topic of several research reports. Piper Sandler upped their price target on West Bancorporation from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, October 25th. StockNews.com raised West Bancorporation from a “sell” rating to a “hold” rating in a research report on Monday, October 28th.

Get Our Latest Research Report on WTBA

Insiders Place Their Bets

In other news, Director Douglas R. Gulling sold 4,000 shares of the stock in a transaction on Friday, November 8th. The stock was 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 in the company, 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 Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.48% of the company’s stock.

West Bancorporation Company Profile

(Get Free Report)

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.

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Earnings History for West Bancorporation (NASDAQ:WTBA)

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