West Bancorporation (WTBA) Declares Quarterly Dividend of $0.18
West Bancorporation (NASDAQ:WTBA) announced a quarterly dividend on Wednesday, October 25th, NASDAQ reports. Investors of record on Wednesday, November 8th will be paid a dividend of 0.18 per share by the financial services provider on Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Tuesday, November 7th.
West Bancorporation (NASDAQ:WTBA) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $17.30 million for the quarter. West Bancorporation had a return on equity of 14.48% and a net margin of 31.63%.
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Separately, BidaskClub lowered West Bancorporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
West Bancorporation Company Profile
West Bancorporation, Inc is a bank holding company. The Company owns West Bank, which is a business-focused community bank. The Company operates in three markets, which include central Iowa; eastern Iowa, which is the area including and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota, area.
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