West Bancorporation Q2 net income $5.2M ($0.31), down from $5.9M ($0.35) YoY; declares $0.25 dividend

WEST BANCORPORATION INC

2024-Q2 EPS reported $0.65

Q2 2024 net income $5.2M vs $5.9M in Q2 2023; diluted EPS $0.31 vs $0.35.
Quarterly dividend of $0.25 declared, payable Aug 21, 2024 to holders of record Aug 7.
Loans grew $18.6M in Q2; deposits rose $115.9M, excluding brokered deposits +$142M.
Net interest margin (tax-equivalent) 1.86% vs 1.88% in Q1 and 2.02% a year ago.
No credit loss expense recorded; nonperforming assets remain negligible at 0.01%.

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