West Bancorporation announces results
West Bancorporation Inc., parent company of West Bank, reported a first-quarter net income of $3.97 million, or 23 cents per share.
That number was down from $4.53 million a year ago, which also came out to 23 cents per share after adjusting for a loss of $571,000 in preferred stock dividends and accretion of discount.
The board of directors also declared a quarterly dividend on its common stock of 8 cents per share, payable on May 29 to shareholders as of May 9.
The company will discuss results in a conference call scheduled for tomorrow at 2 p.m., which can be accessed by dialing (877) 317-6789.
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