West Bancorporation (WTBA) Expected to Announce Earnings on Thursday

West Bancorporation (NASDAQ:WTBA) is projected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.40 per share and revenue of $21,420.00 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

West Bancorporation (NASDAQ:WTBA) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.31 by $0.04. West Bancorporation had a net margin of 11.17% and a return on equity of 9.46%. The business had revenue of $50.97 million during the quarter, compared to analyst estimates of $20.00 million. During the same period last year, the business posted $0.35 earnings per share. On average, analysts expect West Bancorporation to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

West Bancorporation Price Performance

WTBA stock opened at $21.40 on Wednesday. The firm has a 50 day moving average price of $22.67 and a 200-day moving average price of $20.75. West Bancorporation has a 52-week low of $15.80 and a 52-week high of $24.85. The firm has a market capitalization of $360.16 million, a price-to-earnings ratio of 16.72 and a beta of 0.98. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.95 and a current ratio of 0.95.

Insiders Place Their Bets

In other West Bancorporation news, Director Douglas R. Gulling sold 4,000 shares of West Bancorporation stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $23.61, for a total value of $94,440.00. Following the completion of the sale, the director now owns 80,709 shares of the company’s stock, valued at approximately $1,905,539.49. The trade was a 4.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.48% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. StockNews.com upgraded shares of West Bancorporation from a “sell” rating to a “hold” rating in a report on Monday, October 28th. Piper Sandler lifted their target price on shares of West Bancorporation from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, October 25th.

West Bancorporation Company Profile

West Bancorporation, Inc operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit.