West Bancorporation, Inc. (WTBA) to Issue Quarterly Dividend of $0.25 on February 25th

West Bancorporation, Inc. (NASDAQ:WTBA) declared a quarterly dividend on Wednesday, January 28th. Shareholders of record on Wednesday, February 11th will be paid a dividend of 0.25 per share by the financial services provider on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Wednesday, February 11th.

West Bancorporation has raised its dividend by an average of 0.0%annually over the last three years. West Bancorporation has a payout ratio of 44.4% meaning its dividend is sufficiently covered by earnings. Analysts expect West Bancorporation to earn $1.95 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 51.3%.

West Bancorporation Stock Performance

Shares of WTBA stock opened at $26.31 on Monday. The company’s fifty day moving average price is $23.04 and its 200-day moving average price is $21.20. The stock has a market cap of $445.69 million, a PE ratio of 13.77 and a beta of 0.86. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.52. West Bancorporation has a 12 month low of $17.31 and a 12 month high of $26.40.

West Bancorporation (NASDAQ:WTBA) last posted its quarterly earnings data on Thursday, January 29th. The financial services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.57 by $0.04. West Bancorporation had a net margin of 16.08% and a return on equity of 14.59%. The business had revenue of $17.62 million for the quarter, compared to analyst estimates of $26.70 million. On average, equities analysts expect that West Bancorporation will post 1.65 EPS for the current fiscal year.

About West Bancorporation

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.