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West Bancorporation (WTBA)
NASDAQ:WTBA
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.31Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: -3.50%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with significant earnings growth, excellent credit quality, and a substantial improvement in net interest margin. However, challenges such as flat loan and deposit growth, economic uncertainty, and office property concerns were noted. Despite these challenges, the positive aspects, particularly in financial metrics, outweigh the negatives.Company Guidance
During the West Bancorporation First Q 2025 Earnings Conference Call, several key financial metrics and guidance were highlighted. The company's net income for Q1 2025 was $7.8 million, marking an increase from $7.1 million in Q4 2024 and $5.8 million in Q1 2024. The net interest margin increased by 30 basis points from the previous quarter, following a 38 basis point decrease in the cost of deposits. Loan yields for Q1 2025 stood at 5.52%, slightly below the 5.53% in Q4 2024 but above the 5.49% in Q1 2024. The company's loan portfolio remained flat at just over $3 billion, with a noted $100 million in payoffs primarily priced below the current rate environment, offset by new loans at higher rates. Despite a slight decrease in deposits due to normal cash flow fluctuations, credit quality remained robust, with no nonaccrual loans or adversely classified assets at quarter-end. The company declared a $0.25 per share dividend, payable on May 21 to shareholders of record on May 7. Overall, while the company faces economic uncertainties, it remains confident in its strong credit portfolio and strategic deposit and loan management.Significant Earnings Growth
First quarter earnings were 35% higher than the first quarter of last year, indicating strong financial performance.
Excellent Credit Quality
No problem loans, nonaccruals, or adversely classified assets were reported, showcasing robust credit management.
Increase in Net Interest Margin
Net interest margin increased by 30 basis points compared to the fourth quarter of 2024, reflecting improved profitability.
Strong Deposit Growth in Minnesota
Significant retail deposit growth was achieved in Minnesota regional centers, supported by effective banking strategies.
Successful Asset Replacement
Approximately $100 million in payoffs were replaced with new assets at better rates, maintaining portfolio quality and profitability.
Improved Cost of Funds
Cost of deposits decreased by 38 basis points this quarter compared with the fourth quarter of 2024, contributing to financial improvement.
WTBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WTBA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $19.41 | $18.46 | -4.89% |
Jan 23, 2025 | $20.78 | $20.73 | -0.24% |
Oct 24, 2024 | $19.86 | $19.96 | +0.50% |
Jul 25, 2024 | $20.21 | $19.89 | -1.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does West Bancorporation (WTBA) report earnings?
West Bancorporation (WTBA) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is West Bancorporation (WTBA) earnings time?
West Bancorporation (WTBA) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTBA EPS forecast?
WTBA EPS forecast for the fiscal quarter 2025 (Q2) is 0.46.