West Bancorporation Q2 net income jumps 54%

Reuters07-24
<a href="https://laohu8.com/S/WTBA">West Bancorporation</a> <a href="https://laohu8.com/S/QTWO">Q2</a> net income jumps 54%

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.)

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