West Bancorporation (WTBA) Raises Quarterly Dividend 14.3% to $0.16; 3.3% Yield

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West Bancorporation, Inc. Announces Record First Quarter Net Income, Increases Quarterly Dividend

April 23, 2015 8:30 AM EDT

WEST DES MOINES, Iowa, April 23, 2015 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA), parent company of West Bank, is pleased to report that first quarter 2015 net income was $5.1 million, or $0.32 per diluted common share. This is the highest net income ever recorded by the Company for the first quarter of any year. This compares to first quarter 2014 net income of $4.4 million, or $0.27 per diluted common share. On April 22, 2015, the Company's Board of Directors declared a regular quarterly dividend of $0.16 per common share. This is an increase of $0.02 per share, or 14 percent, over... More