West Bancorporation (WTBA) Declares $0.17 Quarterly Dividend; 2.8% Yield

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West Bancorporation, Inc. Announces Record Net Income, Declares Quarterly Dividend

January 26, 2017 8:30 AM EST

WEST DES MOINES, Iowa, Jan. 26, 2017 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (NASDAQ: WTBA), parent company of West Bank, is pleased to report that fourth quarter 2016 net income was $6.0 million, or $0.37 per diluted common share. This is the highest net income ever recorded by the Company for the fourth quarter of any year. This compares to fourth quarter 2015 net income of $5.9 million, or $0.37 per diluted common share. On January 25, 2017, the Companys Board of Directors declared a regular quarterly dividend of $0.17 per common share. This is equal to the highest quarterly... More