Validea Warren Buffett Daily Strategy Update Report – 06/19/2021
THere are today’s updates for Validea Patient Investor model based on the published strategy of Warren Buffett. This strategy looks for companies with predictable long-term profitability and low leverage that are trading at reasonable valuations.
WEST BANCORPORATION, INC. (WTBA) is a small cap value stock in the regional banking sector. The rating according to our strategy based on Warren Buffett fell from 77% to 85% depending on the underlying fundamentals of the company and the valuation of the stock. A score of 80% or more usually indicates that the strategy has some interest in the stock and a score above 90% generally indicates a strong interest.
Business Description: West Bancorporation, Inc. is a bank holding company. The Company owns West Bank, which is a business-oriented community bank. The Company operates in three markets, including central Iowa; eastern Iowa, which is the area comprising and surrounding Iowa City and Coralville, Iowa, and the Rochester, Minnesota area. The West Bank offers all types of basic credit to its customers, including commercial, home and consumer loans. The West Bank offers fiduciary services, including the administration of estates, trusteeship, personal trusts, and agency accounts. The West Bank offers a range of deposit services, including checks, savings accounts, money market accounts, and term deposit certificates. In addition, the West Bank also offers internet, mobile banking and cash management services.
The following table summarizes whether the title meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table gives a brief overview of the strengths and weaknesses of the title in the context of the strategy criteria.
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Detailed analysis of WEST BANCORPORATION, INC.
About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As chairman of Berkshire Hathaway, Buffett consistently outperformed the S&P 500 for decades and thus became one of the richest men in the world. (Forbes estimates his net worth at $ 37 billion.) Despite his fortune, Buffett is known to lead a modest life, by billionaire standards. His primary residence remains the gray Nebraska stucco house he bought for $ 31,500 almost 50 years ago, according to Forbes, and his Midwestern folk ways and penchant for simple pleasures – a cherry coke. , a good burger and a good book are all close to the top of the list – have been well documented.
About Validea: Validea is an investment research service that tracks strategies published by investment legends. Validea offers both equity analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information on Validea, Click here
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