West Bancorporation (WTBA) Set to Announce Quarterly Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) is scheduled to be announcing its earnings results before the market opens on Thursday, April 25th. Analysts expect West Bancorporation to post earnings of $0.27 per share for the quarter.

West Bancorporation (NASDAQ:WTBA) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.04). The business had revenue of $18.26 million during the quarter, compared to analyst estimates of $18.82 million. West Bancorporation had a return on equity of 11.19% and a net margin of 14.17%. 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

Shares of WTBA opened at $16.82 on Tuesday. The company has a market capitalization of $281.40 million, a P/E ratio of 11.68 and a beta of 0.91. The business’s 50-day moving average is $17.16 and its two-hundred day moving average is $18.07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.94 and a current ratio of 0.94. West Bancorporation has a fifty-two week low of $15.04 and a fifty-two week high of $22.39.

West Bancorporation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were given a $0.25 dividend. The ex-dividend date was Tuesday, February 6th. This represents a $1.00 annualized dividend and a yield of 5.95%. West Bancorporation’s dividend payout ratio is presently 69.44%.

Wall Street Analyst Weigh In

Separately, TheStreet cut West Bancorporation from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th.

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.