West Bancorporation Reports Q1 2025 Net Income Increase

West Bancorporation ( (WTBA) ) just unveiled an announcement.

West Bancorporation, Inc. reported a net income of $7.8 million for the first quarter of 2025, marking an increase from both the fourth quarter of 2024 and the first quarter of 2024. The company declared a quarterly dividend of $0.25 per share, payable in May 2025. Improvements in net interest margin and efficiency ratio were noted, along with a modest loan growth amidst economic uncertainty. The company maintained strong credit quality with no significant past due loans. Deposits saw a decrease, primarily due to cash flow fluctuations, while brokered deposits increased. The efficiency ratio improved due to higher net interest income and lower noninterest expenses.

Spark’s Take on WTBA Stock

According to Spark, TipRanks’ AI Analyst, WTBA is a Outperform.

West Bancorporation benefits from strong revenue growth and a solid balance sheet. Positive earnings call sentiment and reasonable valuation metrics further support the stock’s prospects. However, technical indicators point to current weakness, and cash flow concerns warrant caution. The overall score reflects a balanced outlook with potential for improvement.

To see Spark’s full report on WTBA stock, click here.

More about West Bancorporation

West Bancorporation, Inc., headquartered in West Des Moines, IA, is the parent company of West Bank. The company operates in the financial services industry, focusing on providing banking services including commercial loans, real estate loans, and deposit services.

YTD Price Performance: -8.17%

Average Trading Volume: 30,036

Technical Sentiment Signal: Hold

Current Market Cap: $329.2M

For detailed information about WTBA stock, go to TipRanks’ Stock Analysis page.