West Bancorp Q3 net income $11.6M ($0.69 diluted), down 8.7% YoY; dividend $0.25

WEST BANCORPORATION INC

2022-Q3 EPS reported $2.23

Net income $11.6M vs $12.7M in Q3 2021; diluted EPS $0.69 vs $0.76.
Loans grew $41.0M in Q3 (6.3% annualized); deposits decreased $19.6M.
Net interest margin (FTE) fell to 2.78% from 2.93% (Q2) and 3.06% (Q3 2021).
No provision for loan losses; nonperforming assets only 0.01% of total assets.
Quarterly dividend maintained at $0.25/share, payable Nov 23 to record Nov 9.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WEST BANCORPORATION INC reported third quarter of 2022 ended September 30, 2022 results: net income $11.6 million, EPS $0.69 per diluted common share.

Period: third quarter of 2022 ended September 30, 2022
Net income: $11.6 million
EPS: $0.69 per diluted common share
Result: reported results

Exact text from the filing

West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported third quarter 2022 net income of $11.6 million, or $0.69 per diluted common share

View on SEC.gov

Browse all earnings releases →

WEST BANCORPORATION INC filing history →

Source: SEC EDGAR

accession 0001166928-22-000105

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.