West Bancorporation (WTBA) Tops Q1 EPS by 2c

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Go back to West Bancorporation (WTBA) Tops Q1 EPS by 2c

West Bancorporation, Inc. Announces Record First Quarter, Net Income up 11.6 Percent; Increases Quarterly Dividend

April 28, 2016 8:31 AM EDT

WEST DES MOINES, Iowa, April 28, 2016 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (NASDAQ: WTBA), parent company of West Bank, is pleased to report that first quarter 2016 net income was $5.7 million, or $0.35 per diluted common share.  This is the highest net income ever recorded by the Company for the first quarter of any year, and compares to first quarter 2015 net income of $5.1 million, or $0.32 per diluted common share.  On April 27, 2016, the Companys Board of Directors declared a regular quarterly dividend of $0.17 per common share, an increase of $0.01 per share, or 6.25 percent, over... More