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 given a dividend of 0.25 per share by the financial services provider on Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, February 11th.

West Bancorporation has increased its dividend payment by an average of 0.0%per year over the last three years. West Bancorporation has a payout ratio of 44.4% meaning its dividend is sufficiently covered by earnings. Equities research 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 Up 4.2%

Shares of NASDAQ:WTBA opened at $23.27 on Friday. The stock has a market capitalization of $394.22 million, a price-to-earnings ratio of 12.25 and a beta of 0.84. West Bancorporation has a 1-year low of $17.31 and a 1-year high of $24.27. The company’s fifty day moving average is $22.65 and its two-hundred day moving average is $20.94. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.97 and a current ratio of 0.97.

West Bancorporation (NASDAQ:WTBA) last posted its quarterly earnings results on Thursday, January 29th. The financial services provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.57 by $0.04. West Bancorporation had a net margin of 16.04% and a return on equity of 13.40%. The business had revenue of $17.62 million during the quarter, compared to analyst estimates of $26.70 million. Equities analysts anticipate that West Bancorporation will post 1.65 EPS for the current year.

West Bancorporation Company Profile

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.