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0 0 0 0 -0.0150730098916628 0.00471031559114467 0.00376825247291577 0.00989166274140371
Stock impact report

West Bancorporation, Inc. Announces Second Quarter 2024 Financial Results and Declares Quarterly Dividend [Yahoo! Finance]

West Bancorporation (WTBA) 
Last west bancorporation earnings: 4/23 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: westbankstrong.com/investor_relations
Company Research Source: Yahoo! Finance
reported second quarter 2024 net income of $5.2 million, or $0.31 per diluted common share, compared to first quarter 2024 net income of $5.8 million, or $0.35 per diluted common share, and second quarter 2023 net income of $5.9 million, or $0.35 per diluted common share. On July 24, 2024, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on August 21, 2024, to stockholders of record on August 7, 2024. David Nelson, President and Chief Executive Officer of the Company, commented, “Our credit quality remains pristine as a result of our disciplined loan growth and credit risk management practices. The ratio of nonperforming assets to total assets remains negligible at 0.01%. In the first half of 2024, we have seen deposits grow, net interest income improve and net interest margin stabilize.” David Nelson added, “Our efficiency ratio has increased as expected with the costs associated with our new buildings. Our Show less Read more
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