West Bancorporation (NASDAQ:WTBA) Price Target Raised to $28.00

West Bancorporation (NASDAQ:WTBA) had its price objective increased by Hovde Group from $25.50 to $28.00 in a report released on Friday morning, Marketbeat reports. Hovde Group currently has a market perform rating on the financial services provider’s stock.

WTBA has been the subject of several other reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of West Bancorporation in a research note on Friday, June 5th. Piper Sandler boosted their target price on West Bancorporation from $26.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Zacks Research lowered West Bancorporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Wall Street Zen upgraded West Bancorporation from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $27.50.

West Bancorporation Price Performance

Shares of NASDAQ WTBA opened at $27.27 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.33. West Bancorporation has a 12-month low of $17.31 and a 12-month high of $27.87. The firm’s 50-day moving average price is $25.39 and its 200-day moving average price is $24.49. The stock has a market capitalization of $464.68 million, a price-to-earnings ratio of 12.23 and a beta of 0.72.

West Bancorporation (NASDAQ:WTBA) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. West Bancorporation had a return on equity of 15.48% and a net margin of 18.75%.The company had revenue of $28.22 million during the quarter, compared to analyst estimates of $28.15 million. During the same quarter last year, the business posted $0.47 earnings per share. On average, equities research analysts anticipate that West Bancorporation will post 2.59 EPS for the current fiscal year.

West Bancorporation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.8%. This is a boost from West Bancorporation’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, August 5th. West Bancorporation’s dividend payout ratio (DPR) is presently 48.54%.

Institutional Investors Weigh In On West Bancorporation

Several hedge funds and other institutional investors have recently modified their holdings of the business. Invesco Ltd. boosted its holdings in West Bancorporation by 27.9% during the 4th quarter. Invesco Ltd. now owns 14,270 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 3,109 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in West Bancorporation in the fourth quarter worth $301,000. First Trust Advisors LP increased its stake in West Bancorporation by 6.7% in the second quarter. First Trust Advisors LP now owns 11,017 shares of the financial services provider’s stock worth $216,000 after purchasing an additional 695 shares during the period. Franklin Resources Inc. bought a new stake in shares of West Bancorporation during the second quarter worth $212,000. Finally, JPMorgan Chase & Co. lifted its position in shares of West Bancorporation by 20.5% during the third quarter. JPMorgan Chase & Co. now owns 9,334 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 1,585 shares during the last quarter. 44.30% of the stock is currently owned by hedge funds and other institutional investors.

Key West Bancorporation News

Here are the key news stories impacting West Bancorporation this week:

• Positive Sentiment: West Bancorporation posted Q2 2026 earnings of $0.64 per share, edging past estimates and rising from $0.47 a year ago, while revenue of $28.22 million also slightly beat expectations. Article Title
• Positive Sentiment: The company declared a record quarterly dividend of $0.26 per share, up from $0.25 previously, signaling confidence in future cash flow and returning more capital to shareholders. Article Title
• Positive Sentiment: Profitability improved, with net income climbing to $11.1 million, net interest margin expanding to 2.69%, and return on average equity increasing to 16.21%, all of which point to stronger core banking performance. Article Title
• Neutral Sentiment: Hovde Group raised its price target on WTBA to $28.00 from $25.50 while keeping a “market perform” rating, which suggests the shares may have limited near-term upside from here. Article Title
• Negative Sentiment: Loan balances declined modestly quarter over quarter, and substandard loans increased to $14.4 million from zero, which could temper enthusiasm despite the otherwise strong earnings report. Article Title

West Bancorporation Company Profile

West Bancorporation, Inc is the bank holding company for West Town Bank and Trust, a full-service community bank headquartered in Chicago, Illinois. Through its subsidiary, the company offers a comprehensive suite of commercial and consumer banking products, including deposit accounts, residential and commercial mortgages, business loans and treasury management services. West Bancorporation focuses on delivering personalized financial solutions to small- and medium-sized businesses, real estate developers and individual customers within its urban market.

Since launching operations in 2006, West Town Bank and Trust has steadily expanded its presence across the Chicago metropolitan area.