West Bancorporation income rises
West Bancorporation Inc. reported this week that 2011 net income available to common shareholders was $12.9 million, compared with $11.1 million in 2010, or slightly more than a 16 percent increase. In 2011, West Bancorporation reinstated regular quarterly cash dividends and paid common shareholders $3 million, or 17 cents per share, compared with $870,000, or 5 cents per share, in 2010. The company’s annual meeting of shareholders will be held at the West Bank building at 1601 22nd St., West Des Moines, on April 26 at 4 p.m.
Trending News
