Trade West BanCorp Inc - WTBA CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.2
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 28.95
• Open: 28.74
• 1-Year Change: 44.2%
• Day's Range: 28.74 - 29.29

Trade West BanCorp Inc - WTBA

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.