West Bancorporation (WTBA) Expected to Announce Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect West Bancorporation to post earnings of $0.40 per share and revenue of $21,420.00 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

West Bancorporation (NASDAQ:WTBA) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. The firm 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 prior 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 Trading Up 0.3 %

West Bancorporation stock opened at $21.40 on Wednesday. The stock has a market cap of $360.16 million, a P/E ratio of 16.72 and a beta of 0.98. West Bancorporation has a fifty-two week low of $15.80 and a fifty-two week high of $24.85. The firm’s fifty day moving average price is $22.67 and its 200-day moving average price is $20.75. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.95 and a current ratio of 0.95.

Insider Activity

In other news, Director Douglas R. Gulling sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $23.61, for a total transaction of $94,440.00. Following the transaction, the director now directly owns 80,709 shares of the company’s stock, valued at approximately $1,905,539.49. This trade represents a 4.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 4.48% of the company’s stock.

Wall Street Analyst Weigh In

WTBA has been the topic of several research analyst reports. StockNews.com raised shares of West Bancorporation from a “sell” rating to a “hold” rating in a report on Monday, October 28th. Piper Sandler upped their price target on shares of West Bancorporation from $21.00 to $23.00 and gave the stock a “neutral” rating in a 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.