West Bancorp

West Bancorp, Inc. is a financial holding company, which engages in the provision of commercial banking services through its subsidiary, West Bank. It offers personal banking, business banking, and investments and trust. The firm operates in the following markets: central Iowa, which is generally the greater Des Moines metropolitan area, eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato, and St. Cloud. The company was founded in 1984 and is headquartered in West Des Moines, IA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

WTBA reports stable Q1 performance, eyes growth opportunities in Minnesota

WTBA's Q1 performance showcased stability and a customer-centric approach, with a focus on managing challenges and leveraging opportunities for growth. The company's emphasis on relationship-based deposits and credit quality positions it well for the future.

West Bank reports Q2 growth amidst challenges and opportunities

West Bank's Q2 earnings call highlighted the impact of the interest rate environment on business activities, the decline in net interest income, and increased non-interest expenses. Despite challenges, the bank showcased strong credit quality and performance in its commercial real estate portfolio, while also emphasizing opportunities for growth in new business sectors and expansion into Minnesota.

WTBA reports flat net income, anticipates margin improvement in 2025

WTBA's Q3 earnings call highlighted strong credit quality, 4% year-to-date loan growth, and margin pressure due to increased deposit costs. The company emphasized the importance of comprehensive customer relationships and deposit gathering. Opportunities for growth in Minnesota and anticipated margin improvement were also discussed.

WTBA reports $4.5M Q4 earnings, anticipates growth opportunities

WTBA's Q4 2023 earnings call highlighted strong financial performance, pristine credit quality, and proactive insights on market changes. However, challenges in investment securities and credit losses were noted, indicating areas for attention. The company remains focused on growth opportunities and future discussions.

West Bancorporation reports robust Q1 earnings amidst market challenges

West Bancorporation, Inc. delivered a strong Q1 performance with solid net income and loan portfolio growth. While facing challenges such as market rate volatility and deposit competition, the company's focus on credit quality and customer relationships remains a strength. Opportunities in the Minnesota market and strategic initiatives provide avenues for future growth.

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West Bancorporation, Inc. (NASDAQ:WTBA ) Q1 2024 Earnings Conference Call April 25, 2024 3:00 PM ET Company Participants Jane Funk - Chief Financial Officer Dave Nelson - Chief Executive Officer Harlee Olafson - Chief Risk Officer Brad Winterbottom - President Brad Peters - Minnesota Group President Conference Call Participants Andrew Liesch - Piper Sandler Operator Thanks for standing by. My name is Mandeep, and I will be your conference operator today.

West Bancorporation, Inc. (WTBA) Q1 2024 Earnings Call Transcript

West Bancorp (WTBA) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.47 per share a year ago.

West Bancorp (WTBA) Surpasses Q1 Earnings and Revenue Estimates

WEST DES MOINES, Iowa, April 25, 2024 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported first quarter 2024 net income of $5.8 million, or $0.35 per diluted common share, compared to fourth quarter 2023 net income of $4.5 million, or $0.27 per diluted common share, and first quarter 2023 net income of $7.8 million, or $0.47 per diluted common share. On April 24, 2024, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on May 22, 2024, to stockholders of record on May 8, 2024.

West Bancorporation, Inc. Announces First Quarter 2024 Financial Results and Declares Quarterly Dividend

WEST DES MOINES, Iowa, March 22, 2024 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA) (the “Company”), parent company of West Bank, will report its results for the first quarter of 2024 on Thursday, April 25, 2024 before the markets open.

West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call

West Bancorporation, Inc. (WTBA) Q4 2023 Earnings Call Transcript

WEST DES MOINES, Iowa , Jan. 25, 2024 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2023 net income of $24.1 million, or $1.44 per diluted common share, compared to 2022 net income of $46.4 million, or $2.76 per diluted common share. Net income for the fourth quarter 2023 was $4.5 million, or $0.27 per diluted common share, compared to third quarter 2023 net income of $5.9 million, or $0.35 per diluted common share, and fourth quarter 2022 net income of $8.9 million, or $0.53 per diluted common share. On January 24, 2024, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on February 21, 2024, to stockholders of record on February 7, 2024.

West Bancorporation, Inc. Announces Fourth Quarter and Year End 2023 Financial Results and Declares Quarterly Dividend

West Bancorp (WTBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

West Bancorp (WTBA) Stock Jumps 5.7%: Will It Continue to Soar?

West Bancorporation, Inc. (NASDAQ:WTBA ) Q3 2023 Earnings Conference Call October 26, 2023 3:00 PM ET Company Participants David Nelson - Chief Executive Officer Jane Funk - Executive VP, Treasurer and CFO Harlee Olafson - Chief Risk Officer Brad Winterbottom - President Brad Peters - Minnesota Group President Conference Call Participants Andrew Liesch - Piper Sandler Operator Hello. My name is Chris and I'll be your conference operator today.

West Bancorporation, Inc. (WTBA) Q3 2023 Earnings Call Transcript

WEST DES MOINES, Iowa, Oct. 26, 2023 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported third quarter 2023 net income of $5.9 million, or $0.35 per diluted common share, compared to second quarter 2023 net income of $5.9 million, or $0.35 per diluted common share, and third quarter 2022 net income of $11.6 million, or $0.69 per diluted common share. On October 25, 2023, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share.

West Bancorporation, Inc. Announces Third Quarter 2023 Financial Results and Declares Quarterly Dividend

West Bancorporation, Inc. (NASDAQ:WTBA ) Q2 2023 Earnings Call July 27, 2023 3:00 PM ET Company Participants Jane M. Funk - Chief Financial Officer David D.

West Bancorporation, Inc. (WTBA) Q2 2023 Earnings Call Transcript

West Bancorp (WTBA) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.75 per share a year ago.

West Bancorp (WTBA) Q2 Earnings Top Estimates

WEST DES MOINES, Iowa, July 27, 2023 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported second quarter 2023 net income of $5.9 million, or $0.35 per diluted common share, compared to first quarter 2023 net income of $7.8 million, or $0.47 per diluted common share, and second quarter 2022 net income of $12.7 million, or $0.75 per diluted common share. On July 26, 2023, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on August 23, 2023, to stockholders of record on August 9, 2023.

West Bancorporation, Inc. Announces Second Quarter 2023 Financial Results and Declares Quarterly Dividend

West Bancorp (WTBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: West Bancorp (WTBA) Q2 Earnings Expected to Decline

West Bancorporation, Inc. (NASDAQ:WTBA ) Q1 2023 Earnings Conference Call April 27, 2023 3:00 PM ET Company Participants Jane Funk - Chief Financial Officer Dave Nelson - Chief Executive Officer Harlee Olafson - Chief Risk Officer Brad Winterbottom - President Brad Peters - Regional President, Minnesota Conference Call Participants Brendan Nosal - Piper Sandler David Welch - River Oaks Capital Operator Good afternoon, everyone. Thank you for attending today's West Bancorporation Q1 Earnings Call.

West Bancorporation, Inc. (WTBA) Q1 2023 Earnings Call Transcript

West Bancorp (WTBA) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.78 per share a year ago.

West Bancorp (WTBA) Q1 Earnings Top Estimates

WEST DES MOINES, Iowa, April 27, 2023 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported first quarter 2023 net income of $7.8 million, or $0.47 per diluted common share, compared to fourth quarter 2022 net income of $8.9 million, or $0.53 per diluted common share, and first quarter 2022 net income of $13.2 million, or $0.78 per diluted common share. On April 26, 2023, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on May 24, 2023, to stockholders of record on May 10, 2023.

West Bancorporation, Inc. Announces First Quarter 2023 Financial Results and Declares Quarterly Dividend

Earnings Preview: West Bancorp (WTBA) Q1 Earnings Expected to Decline

West Bancorporation, Inc. (NASDAQ:WTBA ) Q4 2022 Earnings Conference Call January 26, 2022 3:00 PM ET Company Participants Jane Funk - Executive Vice President, Treasurer and Chief Financial Officer David Nelson - President and CEO Harlee Olafson - Executive Vice President and Chief Risk Officer Brad Winterbottom - Executive Vice President Brad Peters - Executive Vice President Conference Call Participants Brendan Nosal - Piper Sandler David Welch - River Oaks Capital Operator Good afternoon. Thank you for attending today's West Bancorporation Fourth Quarter 2022 Earnings Call.

West Bancorporation, Inc. (WTBA) Q4 2022 Earnings Call Transcript

West Bancorp (WTBA) delivered earnings and revenue surprises of -8.62% and 7.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

West Bancorp (WTBA) Misses Q4 Earnings and Revenue Estimates

WEST DES MOINES, Iowa, Jan. 26, 2023 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2022 net income of $46.4 million, or $2.76 per diluted common share, compared to 2021 net income of $49.6 million, or $2.95 per diluted common share. Net income for the fourth quarter 2022 was $8.9 million, or $0.53 per diluted common share, compared to fourth quarter 2021 net income of $11.9 million, or $0.71 per diluted common share. On January 25, 2023, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on February 22, 2023, to stockholders of record on February 8, 2023.

West Bancorporation, Inc. Announces Fourth Quarter and Year End 2022 Financial Results, Declares Quarterly Dividend

West Bancorporation, Inc. (NASDAQ:WTBA ) Q3 2022 Earnings Conference Call October 27, 2022 3:00 PM ET Company Participants David Nelson - CEO Jane Funk - CFO Harlee Olafson - Chief Risk Officer Brad Winterbottom - Bank President Brad Peters - President, Minnesota Region Conference Call Participants Brendan Nosal - Piper Sandler Operator Hello, everyone, and welcome to the West Bancorporation, Inc. Earnings Call. My name is Sam, and I will be coordinating your call today.

West Bancorporation, Inc. (WTBA) Q3 2022 Earnings Call Transcript

West Bancorp (WTBA) delivered earnings and revenue surprises of 4.55% and 1.47%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

West Bancorp (WTBA) Surpasses Q3 Earnings and Revenue Estimates

WEST DES MOINES, Iowa, Oct. 27, 2022 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported third quarter 2022 net income of $11.6 million, or $0.69 per diluted common share, compared to third quarter 2021 net income of $12.7 million, or $0.76 per diluted common share. For the first nine months of 2022, net income was $37.5 million, or $2.23 per diluted common share, compared to $37.7 million, or $2.25 per diluted common share, for the first nine months of 2021. On October 26, 2022, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on November 23, 2022, to stockholders of record on November 9, 2022.

West Bancorporation, Inc. Announces Net Income for the Third Quarter Of 2022, Declares Quarterly Dividend

West Bancorporation, Inc. (NASDAQ:WTBA ) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Jane Funk - Chief Financial Officer David Nelson - President and Chief Executive Officer Harlee Olafson - Executive Vice President and Chief Risk Officer Brad Winterbottom - President Brad Peters - Executive Vice President Conference Call Participants Brendan Nosal - Piper Sandler Operator Ladies and gentlemen, thank you for standing by. Welcome to the West Bancorporation Incorporated Earnings Call.

West Bancorporation, Inc. (WTBA) CEO David Nelson on Q2 2022 Results - Earnings Call Transcript

WEST DES MOINES, Iowa, July 28, 2022 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported second quarter 2022 net income of $12.7 million, or $0.75 per diluted common share, compared to second quarter 2021 net income of $13.2 million, or $0.79 per diluted common share. For the first six months of 2022, net income was $25.9 million, or $1.54 per diluted common share, compared to $25.0 million, or $1.49 per diluted common share, for the first six months of 2021. On July 27, 2022, the Company's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on August 24, 2022, to stockholders of record on August 10, 2022.

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