West Bancorporation, Inc. Announces Record Net Income, Declares Increased Quarterly Dividend
WEST DES MOINES, Iowa, Jan. 28, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2020 net income of $32.7 million, or $1.98 per diluted common share, compared to 2019 net income of $28.7 million, or $1.74 per diluted common share. Net income for the fourth quarter of 2020 was $8.6 million, or $0.52 per diluted common share, compared to fourth quarter 2019 net income of $7.6 million, or $0.46 per diluted common share. On January 27, 2021, the Company’s Board of Directors declared a regular quarterly dividend of $0.22 per common share, an increase of $0.01 from the prior quarter and representing a record high quarte