West Bancorporation (NASDAQ:WTBA) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

25 Jul 2026, 08:27 by Renee Jackson · The Cerbat Gem

West Bancorporation (NASDAQ:WTBA – Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.01, FiscalAI reports. The business had revenue of $28.22 million during the quarter, compared to analyst estimates of $28.15 million. West Bancorporation had a return on equity of 15.73% and a net margin of 18.75%.During the same period in the prior year, the business earned $0.47 earnings per share.

Here are the key takeaways from West Bancorporation’s conference call:

West Bancorporation reported a strong second quarter, with net income up 39% year over year to $11.1 million and year-to-date return on average equity a little over 16%.
Net interest income and margin improved, helped by higher loan yields and lower deposit costs; management said the margin rose 10 basis points sequentially and 42 basis points from a year ago.
Credit quality remained pristine with no loans past due 30 days, no OREO, no non-accruals, and no provision for credit losses recorded in the quarter.
Management said loan growth is being offset by payoffs and refinancings, including more than $200 million of developed properties moving off balance sheet in the first half, though the pipeline remains healthy.
The board approved a higher quarterly dividend of $0.26 per share, which management said is the highest dividend level in the company’s history.

West Bancorporation Stock Performance

NASDAQ WTBA opened at $27.27 on Friday. West Bancorporation has a 1 year low of $17.31 and a 1 year high of $27.87. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $464.41 million, a PE ratio of 12.23 and a beta of 0.72. The company has a fifty day moving average of $25.39 and a two-hundred day moving average of $24.48.

West Bancorporation Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, August 5th. This represents a $1.04 annualized dividend and a yield of 3.8%. This is an increase from West Bancorporation’s previous quarterly dividend of $0.25. West Bancorporation’s dividend payout ratio (DPR) is 48.54%.

Key West Bancorporation News

Here are the key news stories impacting West Bancorporation this week:

Positive Sentiment: West Bancorporation posted Q2 2026 earnings of $0.64 per share, edging past estimates and rising from $0.47 a year ago, while revenue of $28.22 million also slightly beat expectations. Article Title
Positive Sentiment: The company declared a record quarterly dividend of $0.26 per share, up from $0.25 previously, signaling confidence in future cash flow and returning more capital to shareholders. Article Title
Positive Sentiment: Profitability improved, with net income climbing to $11.1 million, net interest margin expanding to 2.69%, and return on average equity increasing to 16.21%, all of which point to stronger core banking performance. Article Title
Neutral Sentiment: Hovde Group raised its price target on WTBA to $28.00 from $25.50 while keeping a “market perform” rating, which suggests the shares may have limited near-term upside from here. Article Title
Negative Sentiment: Loan balances declined modestly quarter over quarter, and substandard loans increased to $14.4 million from zero, which could temper enthusiasm despite the otherwise strong earnings report. Article Title

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of WTBA. Russell Investments Group Ltd. lifted its position in West Bancorporation by 4,593.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,455 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 1,424 shares during the period. BNP Paribas Financial Markets boosted its holdings in West Bancorporation by 68.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,618 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 660 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in shares of West Bancorporation by 37.6% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,665 shares of the financial services provider’s stock valued at $37,000 after buying an additional 455 shares during the period. Tower Research Capital LLC TRC lifted its holdings in West Bancorporation by 662.9% in the second quarter. Tower Research Capital LLC TRC now owns 3,784 shares of the financial services provider’s stock valued at $74,000 after acquiring an additional 3,288 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of West Bancorporation in the 4th quarter valued at about $126,000. 44.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on WTBA. Weiss Ratings restated a “buy (b)” rating on shares of West Bancorporation in a research report on Friday, June 5th. Zacks Research downgraded shares of West Bancorporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Wall Street Zen raised West Bancorporation from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Piper Sandler lifted their target price on West Bancorporation from $26.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Finally, Hovde Group lifted their price objective on shares of West Bancorporation from $25.50 to $28.00 and gave the company a “market perform” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $27.50.

View Our Latest Research Report on WTBA

West Bancorporation Company Profile

(Get Free Report)

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.