West Bancorporation (WTBA) Projected to Post Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) will likely be announcing its earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $21.61 million for the quarter.

West Bancorporation (NASDAQ:WTBA) last issued its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the firm 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 Down 0.2 %

Shares of NASDAQ:WTBA opened at $18.68 on Thursday. The company has a market capitalization of $314.44 million, a PE ratio of 13.06 and a beta of 0.91. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.95 and a current ratio of 0.95. The company’s fifty day moving average is $20.60 and its 200-day moving average is $21.42. West Bancorporation has a 52 week low of $15.80 and a 52 week high of $24.85.

West Bancorporation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were given a $0.25 dividend. The ex-dividend date was Wednesday, February 5th. This represents a $1.00 dividend on an annualized basis and a yield of 5.35%. West Bancorporation’s dividend payout ratio (DPR) is presently 69.93%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on WTBA shares. StockNews.com upgraded shares of West Bancorporation from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Piper Sandler cut their price objective on West Bancorporation from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, January 27th.

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.