West Bancorporation (WTBA) Raises Quarterly Dividend 4.2% to $0.25; 3.3% Yield

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

January 27, 2022 8:30 AM EST

WEST DES MOINES, Iowa, Jan. 27, 2022 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the Company), parent company of West Bank, today reported 2021 net income was $49.6 million, or $2.95 per diluted common share, compared to 2020 net income of $32.7 million, or $1.98 per diluted common share. Net income for the fourth quarter of 2021 was $11.9 million, or $0.71 per diluted common share, compared to fourth quarter 2020 net income of $8.6 million, or $0.52 per diluted common share. On January 26, 2022, the Companys Board of Directors declared a regular quarterly dividend of $0.25 per common share, an increase of $0.01 from the prior quarter and representing a record high... More