West Bancorporation (WTBA) Expected to Announce Earnings on Thursday

West Bancorporation (NASDAQ:WTBA - Get Free Report) is projected 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. Parties that are interested in participating in the company's conference call can do so using this link.

West Bancorporation (NASDAQ:WTBA - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The business had revenue of $50.97 million for the quarter, compared to analysts' expectations of $20.00 million. West Bancorporation had a net margin of 11.17% and a return on equity of 9.46%. During the same quarter in the previous year, the firm posted $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 Price Performance

NASDAQ:WTBA traded down $0.35 on Thursday, reaching $21.08. The stock had a trading volume of 28,946 shares, compared to its average volume of 24,535. The company has a market capitalization of $354.84 million, a P/E ratio of 16.47 and a beta of 0.98. West Bancorporation has a 1-year low of $15.80 and a 1-year high of $24.85. 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 stock has a fifty day moving average price of $22.77 and a 200-day moving average price of $20.65.

West Bancorporation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $1.00 dividend on an annualized basis and a yield of 4.74%. West Bancorporation's dividend payout ratio (DPR) is presently 78.13%.

Insider Transactions at West Bancorporation

In related news, Director Douglas R. Gulling sold 4,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $23.61, for a total value of $94,440.00. Following the transaction, the director now directly 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.48% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on WTBA. StockNews.com upgraded shares of West Bancorporation from a "sell" rating to a "hold" rating in a research report on Monday, October 28th. Piper Sandler upped their target price on shares of West Bancorporation from $21.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th.

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.