West Bancorporation (NASDAQ:WTBA) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.48 per share.
Looking ahead, the full year income are expected at $ 1.96 per share on the revenues of $ 91.20 million.
Previous Quarter Performance
West Bancorporation reported income for the second quarter of $ 0.48 per share, from the revenue of $ 22.52 million. The quarterly earnings elevated 14.29 percent while revenues extended 24.83 percent compared with the same quarter last year.
According to street consensus, WTBA was expected to report 2Q20 income of $ 0.42 per share from revenue of $ 21.80 million. The bottom line results beat street analysts by $ 0.06 or 14.29 percent, at the same time, top line results outshined analysts by $ 0.72 million or 3.30 percent.
Stock Performance
Shares of West Bancorporation traded low $ -0.31 or -1.84 percent on Wednesday, reaching $ 16.55 with volume of 29.90 thousand shares. West Bancorporation has traded high as $ 16.98 and has cracked $ 16.51 on the downward trend
According to the previous trading day, closing price of $ 16.55, representing a 22.71 % increase from the 52 week low of $ 13.74 and a 34.98 % decrease over the 52 week high of $ 25.93.
The company has a market capital of $ 272.57 million and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.21 per share on July 22, 2020. The dividend were payable on August 19, 2020 to holders of record as of the close of business on August 5, 2020 and ex-dividend date on August 4, 2020.
West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit.
