West Bancorporation, Inc. (NASDAQ:WTBA) SVP Marie I. Roberts sold 824 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $27.40, for a total value of $22,577.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of West Bancorporation, Inc. (NASDAQ:WTBA) traded down $0.10 during trading hours on Friday, hitting $26.65. The stock had a trading volume of 24,990 shares, compared to its average volume of 22,440. West Bancorporation, Inc. has a 12 month low of $20.60 and a 12 month high of $28.00. The firm has a market cap of $433.77, a P/E ratio of 17.53 and a beta of 0.98. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.87 and a quick ratio of 0.87.

West Bancorporation (NASDAQ:WTBA) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. West Bancorporation had a return on equity of 14.48% and a net margin of 31.63%. The business had revenue of $17.30 million during the quarter.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend was Tuesday, November 7th. West Bancorporation’s payout ratio is 47.06%.

A number of institutional investors have recently modified their holdings of WTBA. First Trust Advisors LP bought a new stake in West Bancorporation in the 2nd quarter valued at about $600,000. State Street Corp increased its position in West Bancorporation by 9.6% in the 2nd quarter. State Street Corp now owns 285,650 shares of the financial services provider’s stock valued at $6,759,000 after buying an additional 25,123 shares in the last quarter. OxFORD Asset Management LLP bought a new stake in West Bancorporation in the 2nd quarter valued at about $383,000. Alliancebernstein L.P. bought a new stake in West Bancorporation in the 2nd quarter valued at about $376,000. Finally, Dimensional Fund Advisors LP increased its position in West Bancorporation by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 646,196 shares of the financial services provider’s stock valued at $15,283,000 after buying an additional 14,993 shares in the last quarter. 29.23% of the stock is owned by institutional investors and hedge funds.

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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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