West Bancorporation ( (WTBA) ) has shared an announcement.
West Bancorporation, Inc. reported a strong third quarter in 2024 with a net income of $6 million, showing growth from the previous quarter. The company saw increases in loans and deposits while maintaining excellent credit quality. A quarterly dividend of $0.25 per share was declared, and initiatives to drive core profitability through relationship-building and service excellence were highlighted. The efficiency ratio improved, reflecting a rise in net interest income despite higher noninterest expenses.
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