West Bancorporation Q2 net income jumps 54%

West Bancorporation

24/07/2025 13:40

Overview

West Bancorporation Q2 net income rises to $8.0 mln, up from Q1 2025

Net interest income for Q2 2025 increases to $21.4 mln

Deposits rise significantly, driven by large municipal deposit

Outlook

Company expects continued earnings improvement through asset repricing

West Bancorporation aims to control funding costs

Result Drivers

NET INTEREST INCOME - Increase driven by higher average balances of interest-earning deposits with banks

CREDIT QUALITY - Maintained strong credit quality with no nonaccrual loans and no loans past due over 90 days

DEPOSIT INCREASE - Significant rise in deposits due to a municipal bond deposit

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.47
Q2 Net Income
$8 mln
Q2 Net Interest Income
$21.40 mln
Q2 Dividend
$0.25


Analyst Coverage

The one available analyst rating on the shares is "hold"

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 July 23 closing price of $19.37

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX326vX2

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)