West Bancorporation, Inc. operates as the 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. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. The company has eight offices in the Des Moines metropolitan area; one office in Iowa City; one office in Coralville; and one office in Rochester, Minnesota. West Bancorporation, Inc. was founded in 1893 and is based in West Des Moines, Iowa.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:WTBA
Previous Symbol
CUSIP95123P10
Phone515-222-2300
Debt
Debt-to-Equity Ratio0.63
Current Ratio0.87
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio12.81
Forward P/E Ratio11.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$81.68 million
Price / Sales3.96
Cash Flow$1.9032 per share
Price / Cash Flow10.43
Book Value$10.98 per share
Price / Book1.81
Profitability
EPS (Most Recent Fiscal Year)$1.55
Net Income$23.07 million
Net Margins28.41%
Return on Equity15.36%
Return on Assets1.30%
Miscellaneous
Employees162
Outstanding Shares16,300,000
Market Cap$323.46 million
OptionableOptionable
West Bancorporation (NASDAQ:WTBA) Frequently Asked Questions
What is West Bancorporation's stock symbol?
West Bancorporation trades on the NASDAQ under the ticker symbol "WTBA."
How often does West Bancorporation pay dividends? What is the dividend yield for West Bancorporation?
West Bancorporation declared a quarterly dividend on Friday, October 26th. Stockholders of record on Wednesday, November 7th will be paid a dividend of $0.20 per share on Wednesday, November 21st. This represents a $0.80 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Tuesday, November 6th. View West Bancorporation's Dividend History.
How were West Bancorporation's earnings last quarter?
West Bancorporation, Inc. (NASDAQ:WTBA) announced its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $0.43 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.02. The financial services provider earned $17.80 million during the quarter, compared to analysts' expectations of $18.13 million. West Bancorporation had a net margin of 28.41% and a return on equity of 15.36%. View West Bancorporation's Earnings History.
When is West Bancorporation's next earnings date?
What price target have analysts set for WTBA?
1 equities research analysts have issued 12-month target prices for West Bancorporation's stock. Their predictions range from $27.00 to $27.00. On average, they expect West Bancorporation's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for West Bancorporation.
What is the consensus analysts' recommendation for West Bancorporation?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West Bancorporation in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for West Bancorporation.
Has West Bancorporation been receiving favorable news coverage?
Press coverage about WTBA stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. West Bancorporation earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of West Bancorporation's key competitors?
Some companies that are related to West Bancorporation include Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), 1st Source (SRCE), Southside Bancshares (SBSI), TriCo Bancshares (TCBK), FB Financial (FBK), Lakeland Financial (LKFN), First Bancorp (FBNC), Boston Private Financial (BPFH), Enterprise Financial Services (EFSC), State Bank Financial (STBZ), Origin Bancorp (OBNK), Triumph Bancorp (TBK), OFG Bancorp (OFG) and First National Bank Alaska (FBAK).
Who are West Bancorporation's key executives?
West Bancorporation's management team includes the folowing people:
- Mr. David D. Nelson, CEO, Pres & Director (Age 57)
- Mr. Douglas Ray Gulling, Exec. VP, Treasurer & CFO (Age 64)
- Mr. Brad Lee Winterbottom, Exec. VP (Age 61)
- Mr. Harlee N. Olafson, Exec. VP & Chief Risk Officer (Age 60)
- Ms. Marie I. Roberts, Sr. VP, Controller & Chief Accounting Officer
Who are West Bancorporation's major shareholders?
West Bancorporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.57%), Vanguard Group Inc (3.95%), Renaissance Technologies LLC (1.77%), Pacific Ridge Capital Partners LLC (1.25%), FMR LLC (0.97%) and LSV Asset Management (0.57%). Company insiders that own West Bancorporation stock include George D Milligan, Marie I Roberts and Steven T Schuler. View Institutional Ownership Trends for West Bancorporation.
Which major investors are selling West Bancorporation stock?
Which major investors are buying West Bancorporation stock?
WTBA stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Laurel Grove Capital LLC, Pacific Ridge Capital Partners LLC, Assenagon Asset Management S.A., Rehmann Capital Advisory Group, Dimensional Fund Advisors LP, Opus Capital Group LLC and MetLife Investment Advisors LLC. Company insiders that have bought West Bancorporation stock in the last two years include George D Milligan and Steven T Schuler. View Insider Buying and Selling for West Bancorporation.
How do I buy shares of West Bancorporation?
Shares of WTBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is West Bancorporation's stock price today?
One share of WTBA stock can currently be purchased for approximately $19.85.
How big of a company is West Bancorporation?
West Bancorporation has a market capitalization of $323.46 million and generates $81.68 million in revenue each year. The financial services provider earns $23.07 million in net income (profit) each year or $1.55 on an earnings per share basis. West Bancorporation employs 162 workers across the globe.
What is West Bancorporation's official website?
How can I contact West Bancorporation?
West Bancorporation's mailing address is 1601 22ND ST, WEST DES MOINES IA, 50266. The financial services provider can be reached via phone at 515-222-2300 or via email at [email protected]
MarketBeat Community Rating for West Bancorporation (NASDAQ WTBA)
MarketBeat's community ratings are surveys of what our community members think about West Bancorporation and other stocks. Vote "Outperform" if you believe WTBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WTBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
