West Bancorporation Inc reports results for the quarter ended September 30 - Earnings Summary

• West Bancorporation Inc reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of two analysts for the quarter was for earnings of 65 cents per share.

• Revenue rose 16.4% to $29.12 million from a year ago; analysts expected $28.80 million.

• West Bancorporation Inc's reported EPS for the quarter was 67 cents​.

• The company reported quarterly net income of $11.63 million.

• West Bancorporation Inc shares had risen by 6.8% this quarter and gained 37.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for West Bancorporation Inc is $27.75, about 9.8% below its last closing price of $30.46

This summary was machine generated from LSEG data October 29 at 02:59 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)