West Bancorporation Inc WTBA.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The lone analyst forecast for the quarter was for earnings of 45 cents per share.
Revenue rose 21.7% to $23.83 million from a year ago; analysts expected $23.50 million.
West Bancorporation Inc's reported EPS for the quarter was 47 cents.
The company reported quarterly net income of $7.98 million.
West Bancorporation Inc shares had fallen by 1.3% this quarter and lost 10.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 15.6% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for West Bancorporation Inc is $21.50, about 9.9% above its last closing price of $19.37
This summary was machine generated from LSEG data July 24 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)