Post by MikeTesteron Jan 23, 2025 10:45pm

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Post# 36418320
West Bancorporation Inc (WTBA): A Community Bank Navigating
West Bancorporation Inc (WTBA): A Community Bank Navigating Looks like a solid regional bank play. WTBA's been quietly grinding with 3.2% loan growth and a clean 0.01% nonperforming asset ratio. Q3 numbers weren't bad - $5.95M net income, slight YoY increase. Digging the construction loan focus and their disciplined underwriting. Midwest markets seem stable and they're keeping credit quality tight.Might take a small position here. Management seems conservative but strategic. Nice to see they've got $628M FHLB borrowing capacity and strong capital ratios. Trading at what looks like reasonable multiples for a community bank.BTW, BeyondSPX continues to deliver high quality in-depth analysis on just about every US stock out there, even microcaps, for free. Great resource for digging into lesser-known names like WTBA. https://beyondspx.com/article/west-bancorporation-inc-wtba-a-community-bank-navigating-growth-and-challenges