WEST BANCORPORATION Files 8-K on Financial Results
Ticker: WTBA · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1166928
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, regulation-fd
TL;DR
**WTBA just filed an 8-K for financial results, get ready for potential stock movement.**
AI Summary
WEST BANCORPORATION, INC. filed an 8-K on January 25, 2024, to announce its financial results and other operational information. This filing, under Items 2.02 and 7.01, indicates the company is providing an update on its financial condition and operations, likely ahead of a public announcement or earnings call. For investors, this matters because it signals upcoming financial disclosures that could impact the stock price (WTBA) depending on whether the results meet or exceed expectations.
Why It Matters
This filing signals that WEST BANCORPORATION, INC. is about to release or has just released important financial information, which is crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently present new risks, but rather provides information to assess existing business risks.
Analyst Insight
A smart investor would look for the actual financial results that this 8-K foreshadows, as those details will determine the true impact on WEST BANCORPORATION, INC.'s stock (WTBA).
Key Players & Entities
- WEST BANCORPORATION, INC. (company) — registrant filing the 8-K
- Iowa (company) — state of incorporation for WEST BANCORPORATION, INC.
- Nasdaq Global Select Market (company) — exchange where WTBA common stock is registered
- WTBA (company) — trading symbol for WEST BANCORPORATION, INC.
Forward-Looking Statements
- WEST BANCORPORATION, INC. will release its full Q4 2023 or full-year 2023 earnings report shortly after this 8-K filing. (WEST BANCORPORATION, INC.) — high confidence, target: 2024-02-15
FAQ
What is the purpose of this 8-K filing by WEST BANCORPORATION, INC.?
The purpose of this 8-K filing, dated January 25, 2024, is to report on 'Results of Operations and Financial Condition' under Item 2.02 and 'Regulation FD Disclosure' under Item 7.01, indicating the company is providing an update on its financial performance and operational status.
What is the trading symbol and exchange for WEST BANCORPORATION, INC. common stock?
The trading symbol for WEST BANCORPORATION, INC. common stock is WTBA, and it is registered on The Nasdaq Global Select Market.
What is the address of WEST BANCORPORATION, INC.'s principal executive offices?
The address of WEST BANCORPORATION, INC.'s principal executive offices is 1601 22nd Street, West Des Moines, Iowa 50266.
What is the earliest event reported date for this 8-K filing?
The Date of Report (Date of Earliest Event Reported) for this 8-K filing is January 25, 2024.
Is WEST BANCORPORATION, INC. considered an emerging growth company?
No, WEST BANCORPORATION, INC. has indicated with a 'o' that it is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 593 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-01-25 07:08:47
Filing Documents
- wtba-20240125.htm (8-K) — 25KB
- wtba-20240125exhibit991.htm (EX-99.1) — 538KB
- wtba-20240125exhibit992.htm (EX-99.2) — 27KB
- wtba-20240125exhibit992001.jpg (GRAPHIC) — 60KB
- wtba-20240125exhibit992002.jpg (GRAPHIC) — 326KB
- wtba-20240125exhibit992003.jpg (GRAPHIC) — 109KB
- wtba-20240125exhibit992004.jpg (GRAPHIC) — 158KB
- wtba-20240125exhibit992005.jpg (GRAPHIC) — 189KB
- wtba-20240125exhibit992006.jpg (GRAPHIC) — 176KB
- wtba-20240125exhibit992007.jpg (GRAPHIC) — 187KB
- wtba-20240125exhibit992008.jpg (GRAPHIC) — 190KB
- wtba-20240125exhibit992009.jpg (GRAPHIC) — 139KB
- wtba-20240125exhibit992010.jpg (GRAPHIC) — 161KB
- wtba-20240125exhibit992011.jpg (GRAPHIC) — 136KB
- wtba-20240125exhibit992012.jpg (GRAPHIC) — 110KB
- wtba-20240125exhibit992013.jpg (GRAPHIC) — 141KB
- wtba-20240125exhibit992014.jpg (GRAPHIC) — 126KB
- wtba-20240125exhibit992015.jpg (GRAPHIC) — 196KB
- wtba-20240125exhibit992016.jpg (GRAPHIC) — 185KB
- wtbalogoedita06a01a01a01a22a.jpg (GRAPHIC) — 38KB
- 0001166928-24-000002.txt ( ) — 4374KB
- wtba-20240125.xsd (EX-101.SCH) — 2KB
- wtba-20240125_lab.xml (EX-101.LAB) — 23KB
- wtba-20240125_pre.xml (EX-101.PRE) — 12KB
- wtba-20240125_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, West Bancorporation, Inc. (the "Company") issued a press release announcing its fourth quarter earnings results for the period ended December 31, 2023, and the declaration of a quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The Company hereby furnishes the Earnings Presentation attached hereto as Exhibit 99.2. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Press Release of West Bancorporation, Inc. dated January 25, 2024 99.2 Fourth Quarter 2023 Earnings Presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. West Bancorporation, Inc. January 25, 2024 By: /s/ Jane M. Funk Name: Jane M. Funk Title: Executive Vice President, Treasurer and Chief Financial Officer