West Bancorporation (WTBA) Stock Price, News & Analysis

Company Overview

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. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers online and mobile banking, treasury management services including cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services; merchant credit card processing and corporate credit cards; and administration of estates, conservatorships, personal trusts, and agency accounts. The company was founded in 1893 and is headquartered in West Des Moines, Iowa.

Key Stats

• Today's Range: $22.92 to $24.22
• 50-Day Range: $18.15 to $24.35
• 52-Week Range: $15.80 to $24.85
• Volume: 22,112 shs
• Average Volume: 34,834 shs
• Market Capitalization: $399.21 million
• P/E Ratio: 18.53
• Dividend Yield: 4.22%
• Price Target: $23.00
• Consensus Rating: Hold

West Bancorporation Stock Analysis - MarketRank™

West Bancorporation scored higher than 56% of companies evaluated by MarketBeat, and ranked 609th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

West Bancorporation has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

West Bancorporation has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 25.00%

Earnings Growth

Earnings for West Bancorporation are expected to grow by 25.00% in the coming year, from $1.40 to $1.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of West Bancorporation is 18.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of West Bancorporation is 18.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

Price to Book Value per Share Ratio

West Bancorporation has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.10% of the float of West Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

West Bancorporation has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in West Bancorporation has recently decreased by 6.54%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

West Bancorporation is a leading dividend payer. It pays a dividend yield of 4.20%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

West Bancorporation does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of West Bancorporation is 78.13%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, West Bancorporation will have a dividend payout ratio of 57.14% next year. This indicates that West Bancorporation will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.10% of the float of West Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

West Bancorporation has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in West Bancorporation has recently decreased by 6.54%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

West Bancorporation has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, West Bancorporation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $94,440.00 in company stock.

Percentage Held by Insiders

Only 4.48% of the stock of West Bancorporation is held by insiders.

Percentage Held by Institutions

44.30% of the stock of West Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WTBA Stock Analysis - Frequently Asked Questions

How have WTBA shares performed this year?

West Bancorporation's stock was trading at $21.20 on January 1st, 2024. Since then, WTBA shares have increased by 11.9% and is now trading at $23.72.
View the best growth stocks for 2024 here.

How were West Bancorporation's earnings last quarter?

West Bancorporation, Inc. (NASDAQ:WTBA) released its earnings results on Thursday, October, 24th. The financial services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. The financial services provider earned $50.97 million during the quarter, compared to the consensus estimate of $20 million. West Bancorporation had a net margin of 11.17% and a trailing twelve-month return on equity of 9.46%.

Who are West Bancorporation's major shareholders?

West Bancorporation's top institutional investors include FMR LLC (7.96%), West Bancorporation Inc. (2.62%), State Street Corp (2.21%) and Geode Capital Management LLC (2.12%). Insiders that own company stock include David D Nelson, Douglas R Gulling, Sean Patrick Mcmurray, Bradley P Peters and Patrick J Donovan.
View institutional ownership trends.

How do I buy shares of West Bancorporation?

Shares of WTBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of West Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that West Bancorporation investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 11/20 Dividend: 11/06/2024
• Dividend Payable: 11/20/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:WTBA
• CUSIP: 95123P10
• CIK: 1166928
• Web: www.westbankstrong.com
• Phone: (515) 222-2300
• Fax: 515-222-2346
• Employees: 181
• Year Founded: 1893

Price Target and Rating

• Average Stock Price Target: $23.00
• High Stock Price Target: $23.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: -3.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.28
• Trailing P/E Ratio: 18.53
• Forward P/E Ratio: 16.94
• P/E Growth: N/A
• Net Income: $24.14 million
• Net Margins: 11.17%
• Pretax Margin: 13.82%
• Return on Equity: 9.46%
• Return on Assets: 0.55%

Debt

• Debt-to-Equity Ratio: 1.86
• Current Ratio: 0.95
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $170.37 million
• Price / Sales: 2.34
• Cash Flow: $1.76 per share
• Price / Cash Flow: 13.47
• Book Value: $13.98 per share
• Price / Book: 1.70

Miscellaneous

• Outstanding Shares: 16,830,000
• Free Float: 16,079,000
• Market Cap: $399.21 million
• Optionable: Optionable
• Beta: 0.95