West Bancorporation reports Q1 net income of $7.8M ($0.46/sh), up from $5.8M YoY; declares $0.25 dividend

WEST BANCORPORATION INC

2025-Q1 EPS reported $0.46

Net income $7.8M ($0.46 diluted EPS) vs Q1 2024 $5.8M ($0.35) and Q4 2024 $7.1M ($0.42).
Net interest margin (tax-equiv) improved to 2.28% from 1.88% YoY; efficiency ratio 56.37% vs 62.04%.
No credit loss expense in Q1 2025; nonperforming assets at 0.00% of total assets; only one past-due loan ($181k).
Regular quarterly dividend of $0.25/share declared, payable May 21, 2025, to holders of record May 7, 2025.

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