West Bancorporation Q4 net income $8.9M ($0.53 EPS); annual net income $46.4M ($2.76 EPS)

WEST BANCORPORATION INC

2022-FY EPS reported $2.76

Q4 net income $8.9M, down from $11.9M in Q4 2021; diluted EPS $0.53 vs $0.71.
Full-year 2022 net income $46.4M ($2.76 EPS), compared to $49.6M ($2.95 EPS) in 2021.
Net interest margin (FTE) fell to 2.49% in Q4 2022 from 3.00% in Q4 2021.
Quarterly dividend declared $0.25/share, payable Feb 22, 2023 to holders of record Feb 8.
Loans grew 11.7% YoY; no loan >30 days past due for sixth consecutive quarter.

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 the period ended December 31, 2022 results: net income $46.4 million, EPS $2.76 per diluted common share.

Period: the period ended December 31, 2022
Net income: $46.4 million
EPS: $2.76 per diluted common share
Result: reported results

Exact text from the filing

West Bancorporation, Inc. (the "Company") issued a press release announcing its fourth quarter earnings results for the period ended December 31, 2022, and the declaration of a quarterly dividend.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WEST BANCORPORATION INC reported the period ended December 31, 2022 results: net income $46.4 million, EPS $2.76 per diluted common share.

Period: the period ended December 31, 2022
Net income: $46.4 million
EPS: $2.76 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 2022 net income of $46.4 million, or $2.76 per diluted common share, compared to 2021 net income of $49.6 million, or $2.95 per diluted common share.

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WEST BANCORPORATION INC filing history →

Source: SEC EDGAR

accession 0001166928-23-000005

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