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6Material company update
Apr 24, 2026·SEC
Material company update
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Jan 29, 2026·SEC
West Bancorporation, Inc.(WTBA)Earnings, Financials & Key Ratios
WTBA•NASDAQ•Banking & Credit
$25.89
13.5× P/E·Price updated Jun 25, 2026
AboutWest Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.Show more
- Net Interest Income$89M+24.7%
- Total Revenue$198M+0.3%
- Net Income$33M+35.4%
- Return on Equity13.19%+24.2%
- Net Interest Margin2.15%+20.9%
- Efficiency Ratio27.12%+5.8%
- ROA0.8%+30.1%
- Equity / Assets6.42%+13.1%
- Book Value per Share15.63+15.9%
WTBA Price & Volume
West Bancorporation, Inc. (WTBA) stock price & volume — 10-year historical chart
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Strategic Asset Recycling Drives Net Interest Growth
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Expanding
Profitability:Strong
Financial Position:Healthy
Cash Flow:Robust
Primary Risk:CRE concentration and funding
"West Bancorporation is successfully pivoting its balance sheet by liquidating investment securities to fund commercial loan expansion, resulting in a 16.9% year-over-year increase in net interest income as of 2026Q1. While the bank maintains a disciplined efficiency ratio between 25% and 28%, investors should monitor the lack of loan loss provisions, which may mask underlying credit risks within its concentrated commercial real estate portfolio. The bank's commitment to a steady $4.2 million quarterly dividend provides income stability, though the stagnant 0.6% net interest margin suggests ongoing pressure from rising funding costs."
Verdict Logic
while the bank shows strong earnings growth of 32.6% in 2026Q1, the five-quarter streak of zero loan loss provisions warrants caution given the bank's significant commercial real estate exposure.
WTBA Growth Metrics
West Bancorporation, Inc. (WTBA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.4%
5 Years12.66%
3 Years14.12%
TTM-
Profit CAGR
10 Years4.12%
5 Years-0.09%
3 Years-11.14%
TTM35.3%
EPS CAGR
10 Years3.58%
5 Years-0.61%
3 Years-11.39%
TTM34.42%
Return on Capital
10 Years9.59%
5 Years8.34%
3 Years5.08%
Last Year6.22%
WTBA Recent Earnings
West Bancorporation, Inc. (WTBA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.61+3.4%
$0.59
Rev
$27M-0.5%
$27M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$0.61+7.0%
$0.57
Rev
$27M+2.4%
$27M
Q4 2025
Oct 23, 2025Metric
Actual
Est
EPS
$0.55+17.0%
$0.47
Rev
$25M-1.9%
$25M
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.47+4.4%
$0.45
Rev
$24M-2.3%
$24M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.61vs $0.59+3.4% | $27Mvs $27M-0.5% |
| Q1 2026 | Jan 29, 2026 | $0.61vs $0.57+7.0% | $27Mvs $27M+2.4% |
| Q4 2025 | Oct 23, 2025 | $0.55vs $0.47+17.0% | $25Mvs $25M-1.9% |
| Q3 2025 | Jul 24, 2025 | $0.47vs $0.45+4.4% | $24Mvs $24M-2.3% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for West Bancorporation, Inc. (WTBA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $25.89 | $438.6M | 13.48 | 0.33% | 16.4% | 13.19% | 3.84% | |
| $26.55 | $88.98M | 19.38 | 6.61% | 10.82% | 6.22% | — | |
| $62.92 | $524.93M | 10.38 | 6.43% | 18.74% | 14.12% | — | |
| $17.83 | $115.23M | 11.43 | 12.08% | 18.32% | 9.28% | — | |
| $49.31 | $1.02B | -13.93 | -23.13% | 16.66% | 10.02% | — | |
| $39.85 | $292.13M | 15.57 | 10.11% | 17.23% | 8.74% | — |
Compare WTBA vs Peers
West Bancorporation, Inc. (WTBA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WTBA SEC Filings & Documents
West Bancorporation, Inc. (WTBA) SEC filings — annual & quarterly reports (10-K, 10-Q)
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WTBA Frequently Asked Questions
West Bancorporation, Inc. (WTBA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is West Bancorporation, Inc. growing?
West Bancorporation, Inc. (WTBA) grew revenue by 0.3% over the past year. Growth has been modest.
Is WTBA profitable?
Yes, West Bancorporation, Inc. (WTBA) is profitable, generating $35.3M in net income for fiscal year 2025 (16.4% net margin).
Dividend & Returns
Does WTBA pay dividends?
Yes, West Bancorporation, Inc. (WTBA) pays a dividend with a yield of 3.84%. This makes it attractive for income-focused investors.
What is WTBA's return on equity?
West Bancorporation, Inc. (WTBA) has a return on equity (ROE) of 13.2%. This is reasonable for most industries.
Industry Metrics
What is West Bancorporation, Inc.'s net interest margin?
West Bancorporation, Inc. (WTBA) has a net interest margin (NIM) of 2.1%. NIM has been under pressure due to interest rate environment.
What is West Bancorporation, Inc.'s efficiency ratio?
West Bancorporation, Inc. (WTBA) has an efficiency ratio of 27.1%. This is excellent, indicating strong cost control.