Hovde Group Boosts West Bancorporation (NASDAQ:WTBA) Price Target to $28.00

West Bancorporation (NASDAQ:WTBA) had its price objective upped by equities research analysts at Hovde Group from $25.50 to $28.00 in a research note issued to investors on Friday, Marketbeat reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Hovde Group’s target price indicates a potential upside of 2.68% from the stock’s previous close.

Several other research firms also recently commented on WTBA. Wall Street Zen raised West Bancorporation from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of West Bancorporation in a research note on Friday, June 5th. Zacks Research lowered shares of West Bancorporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Piper Sandler lifted their price target on shares of West Bancorporation from $26.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, West Bancorporation presently has a consensus rating of “Hold” and a consensus target price of $27.50.

West Bancorporation Trading Up 0.3%

Shares of WTBA stock opened at $27.27 on Friday. West Bancorporation has a 1 year low of $17.31 and a 1 year high of $27.87. The firm has a fifty day moving average price of $25.39 and a 200-day moving average price of $24.48. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $464.41 million, a price-to-earnings ratio of 12.23 and a beta of 0.72.

West Bancorporation (NASDAQ:WTBA) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. The company had revenue of $28.22 million for the quarter, compared to analysts’ expectations of $28.15 million. West Bancorporation had a return on equity of 15.73% and a net margin of 18.75%.During the same period last year, the firm earned $0.47 EPS. As a group, equities analysts predict that West Bancorporation will post 2.59 earnings per share for the current year.

Hedge Funds Weigh In On West Bancorporation

A number of hedge funds have recently made changes to their positions in the business. Basepoint Wealth LLC raised its stake in West Bancorporation by 1.2% during the 4th quarter. Basepoint Wealth LLC now owns 35,918 shares of the financial services provider’s stock valued at $797,000 after purchasing an additional 421 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in West Bancorporation by 37.6% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,665 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 455 shares during the period. Mutual Advisors LLC grew its holdings in West Bancorporation by 1.7% during the 4th quarter. Mutual Advisors LLC now owns 28,851 shares of the financial services provider’s stock valued at $640,000 after buying an additional 470 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in shares of West Bancorporation by 4.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 15,666 shares of the financial services provider’s stock worth $348,000 after acquiring an additional 642 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of West Bancorporation by 1.8% during the third quarter. UBS Group AG now owns 37,487 shares of the financial services provider’s stock worth $762,000 after acquiring an additional 652 shares during the last quarter. Institutional investors own 44.30% of the company’s stock.

West Bancorporation News Summary

Here are the key news stories impacting West Bancorporation this week:

• Positive Sentiment: West Bancorporation posted Q2 2026 earnings of $0.64 per share, edging past estimates and rising from $0.47 a year ago, while revenue of $28.22 million also slightly beat expectations. Article Title
• Positive Sentiment: The company declared a record quarterly dividend of $0.26 per share, up from $0.25 previously, signaling confidence in future cash flow and returning more capital to shareholders. Article Title
• Positive Sentiment: Profitability improved, with net income climbing to $11.1 million, net interest margin expanding to 2.69%, and return on average equity increasing to 16.21%, all of which point to stronger core banking performance. Article Title
• Neutral Sentiment: Hovde Group raised its price target on WTBA to $28.00 from $25.50 while keeping a “market perform” rating, which suggests the shares may have limited near-term upside from here. Article Title
• Negative Sentiment: Loan balances declined modestly quarter over quarter, and substandard loans increased to $14.4 million from zero, which could temper enthusiasm despite the otherwise strong earnings report. Article Title

West Bancorporation Company Profile

West Bancorporation, Inc is the bank holding company for West Town Bank and Trust, a full-service community bank headquartered in Chicago, Illinois. Through its subsidiary, the company offers a comprehensive suite of commercial and consumer banking products, including deposit accounts, residential and commercial mortgages, business loans and treasury management services. West Bancorporation focuses on delivering personalized financial solutions to small- and medium-sized businesses, real estate developers and individual customers within its urban market.

Since launching operations in 2006, West Town Bank and Trust has steadily expanded its presence across the Chicago metropolitan area.