West Bancorporation (NASDAQ:WTBA – Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04, RTT News reports. The company had revenue of $50.97 million during the quarter, compared to the consensus estimate of $20.00 million. West Bancorporation had a return on equity of 9.78% and a net margin of 11.57%. During the same period last year, the business earned $0.35 EPS.
West Bancorporation Price Performance
NASDAQ WTBA opened at $20.82 on Friday. The firm has a market cap of $350.07 million, a P/E ratio of 15.77 and a beta of 0.98. The stock’s 50-day moving average is $19.35 and its two-hundred day moving average is $18.31. West Bancorporation has a fifty-two week low of $15.80 and a fifty-two week high of $22.39. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.95 and a quick ratio of 0.95.
West Bancorporation Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.80%. The ex-dividend date is Wednesday, November 6th. West Bancorporation’s payout ratio is 75.76%.
Analyst Ratings Changes
View Our Latest Report on WTBA
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.
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