West Bancorporation (WTBA) to Issue Quarterly Dividend of $0.18 on November 22nd

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 2.88%. The ex-dividend date is Tuesday, November 7th.

Shares of West Bancorporation (NASDAQ WTBA) opened at $25.00 on Monday. The stock has a market cap of $405.39, a price-to-earnings ratio of 16.45 and a beta of 0.98. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.87 and a current ratio of 0.87.

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

Separately, BidaskClub cut shares of West Bancorporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

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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.

Dividend History for West Bancorporation (NASDAQ:WTBA)

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