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West Bancorp Inc (WTBA) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

West Bancorp Inc (WTBA) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. West Bancorp Inc is a holding company for West Bank. It provides commercial banking services, including checking accounts, savings accounts, money market accounts, and time certificates of deposit. West Bancorp Inc has a market cap of $375.611 million; its shares were traded at around $23.05 with a P/E ratio of 13.33 and P/S ratio of 5.54. The dividend yield of West Bancorp Inc stocks is 3.47%.


For the last quarter West Bancorp Inc reported a revenue of $17.4 million, compared with the revenue of $17.00 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $69.8 million, an increase of 3.9% from last year. For the last five years West Bancorp Inc had an average revenue growth rate of 5.7% a year.

The reported diluted earnings per share was $1.749 for the year, an increase of 24% from previous year. Over the last five years West Bancorp Inc had an EPS growth rate of 9.3% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, West Bancorp Inc has the cash and cash equivalents of $47.5 million, compared with $47.9 million in the previous year. The long term debt was $185.3 million, compared with $119.7 million in the previous year. West Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $23.05, West Bancorp Inc is traded at 28.6% premium to its historical median P/S valuation band of $17.93. The P/S ratio of the stock is 5.54, while the historical median P/S ratio is 4.30. The stock lost 3.44% during the past 12 months.

For the complete 20-year historical financial data of WTBA, click here.

This article first appeared on GuruFocus.