West Bancorporation Q2 Net Income Jumps 38.8% to $11.1M, Dividend Raised to Record $0.26
WTBA sits 54% above its 52-week low of $17.31.
Summary
West Bancorporation reported Q2 2026 net income of $11.1 million, or $0.64 per diluted share, a 38.8% increase from the prior year and a 4.7% sequential gain. The board declared a quarterly dividend of $0.26 per share, up $0.01 from the prior quarter and a record high. Net interest margin expanded to 2.69% from 2.59% in Q1, driven by higher loan yields and average balances. Credit quality remains pristine with no nonaccrual loans and an eighth consecutive quarter with no loans past due, though substandard loans ticked up to $14.4 million from zero. The efficiency ratio improved to 48.78%, and tangible common equity rose to 6.97%. The results follow the 10-Q and 8-K filings earlier today, adding management commentary and granular metrics that underscore broad-based earnings momentum.
At the time of this announcement, WTBA was trading at $26.62 on NASDAQ in the Finance sector, with a market capitalization of approximately $453.3M. The 52-week trading range was $17.31 to $27.87. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.