Trade West Bancorporation - WTBA CFD

Trading Conditions

• Spread: 0.11
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 16.54
• Open: 16.23
• 1-Year Change: -2.99%
• Day's Range: 16.23 - 16.78

West Bancorporation Company profile

About West Bancorporation, Inc.

West Bancorporation, Inc. is a financial holding company. The Company owns West Bank, which is a business-focused community bank. The Company operates in the markets, including central Iowa, which is generally the Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato and St. Cloud. West Bank offers all basic types of credit to its customers, including commercial, real estate and consumer loans. West Bank also offers trust services, including the administration of estates, conservatorships, personal trusts and agency accounts. West Bank offers a range of deposit services, including checking, savings, money market accounts and time certificates of deposit. In addition, West Bank also offers Internet, mobile banking and treasury management services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, West Bancorporation, Inc. interest income increased 7% to $107.3M. Net interest income after loan loss provision increased 17% to $96.6M. Net income increased 52% to $49.6M. Net interest income after loan loss provision reflects Loans increase of 5% to $95.6M, Tax-exempt securities increase of 98% to $2.9M. Net income benefited from Deposits decrease of 29% to $7.9M (expense).

Equity composition

Common Stock no Par, 4/11, 50M auth., 17,403,882 issd. Insiders control 16.10%. IPO: N/A. 07/06 & 7/04, 5% stock dividend. Preferred Stock .01 Par, 50M auth., 36,000 issd.