WTBA · West Bancorporation Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.15M | - | - | - | $1.10M | - | - | - | $525.0K | - |
| Operating Income | $13.47M | - | $11.45M | $10.34M | $10.04M | - | $7.43M | $6.38M | $7.18M | - |
| Interest Expense | - | - | - | - | - | - | - | $30.34M | $27.82M | - |
| Income Tax | $2.90M | - | $2.14M | $2.37M | $2.19M | - | $1.48M | $1.19M | $1.37M | - |
| Net Income | $10.57M | - | $9.31M | $7.98M | $7.84M | - | $5.95M | $5.19M | $5.81M | - |
| EPS - Basic | $0.62 | - | $0.55 | $0.47 | $0.47 | - | $0.35 | $0.31 | $0.35 | - |
| EPS - Diluted | $0.61 | - | $0.55 | $0.47 | $0.46 | - | $0.35 | $0.31 | $0.35 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $361.98M | $471.09M | $232.93M | $345.20M | $210.61M | $243.48M | $157.80M | $149.82M | $148.02M | $65.36M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.01B | $4.14B | $3.99B | $4.06B | $3.99B | $4.01B | $3.99B | $3.97B | $3.96B | $3.83B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $3.74B | $3.88B | $3.73B | $3.82B | $3.75B | $3.79B | $3.75B | $3.74B | $3.74B | $3.60B |
| Stockholders' Equity | $270.74M | $265.99M | $255.13M | $240.93M | $237.87M | $227.88M | $235.35M | $223.88M | $223.76M | $225.04M |
| Retained Earnings | $300.60M | $294.26M | $291.07M | $285.99M | $282.25M | $278.61M | $275.72M | $273.98M | $273.00M | $271.37M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.88M | - | - | - | $9.75M | - | - | - | $6.12M | - |
| Investing Cash Flow | $18.27M | - | - | - | ($2.95M) | - | - | - | ($56.42M) | - |
| Financing Cash Flow | ($140.26M) | - | - | - | ($39.67M) | - | - | - | $132.96M | - |
| CapEx | $497.0K | - | - | - | $1.49M | - | - | - | $10.33M | - |
| Free Cash Flow | $12.39M | - | - | - | $8.26M | - | - | - | ($4.21M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.17 | - | - | - | 1.05 | - | - | - | -0.72 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 21.5% | - | 18.7% | 22.9% | 21.9% | - | 19.9% | 18.6% | 19.1% | - |
| Return on assets | 0.3% | - | 0.2% | 0.2% | 0.2% | - | 0.1% | 0.1% | 0.1% | - |
| Return on equity | 3.9% | - | 3.7% | 3.3% | 3.3% | - | 2.5% | 2.3% | 2.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | 0.2x | 0.3x | - |
| Equity multiplier | 14.81 | 15.57 | 15.62 | 16.84 | 16.76 | 17.62 | 16.95 | 17.71 | 17.71 | 17.00 |
| Liabilities / Assets | 0.93 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 39.0x | - | 36.9x | 41.8x | 43.3x | - | 54.3x | 57.7x | 50.9x | - |
| P / B | 1.5x | - | 1.4x | 1.4x | 1.4x | - | 1.4x | 1.3x | 1.3x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 3.2x | - | - | - | 11.6x | - | - | - | 19.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 34.3% | - | 54.2% | 62.1% | 39.7% | - | 1.0% | -12.0% | -25.0% | - |
| Net income growth (YoY) | 34.8% | - | 56.5% | 53.7% | 35.0% | - | 0.8% | -11.4% | -25.9% | - |
| EPS growth (YoY) | 32.6% | - | 57.1% | 51.6% | 31.4% | - | 0.0% | -11.4% | -25.5% | - |
| EPS CAGR (3y) | 9.1% | - | -7.3% | -14.4% | -16.1% | - | -22.8% | -26.8% | -20.6% | - |
| EPS CAGR (5y) | -2.7% | - | 2.3% | -0.4% | -1.3% | - | -5.3% | -5.4% | -3.6% | - |
| FCF growth (YoY) | 50.0% | - | - | - | - | - | - | - | 9.9% | - |
| FCF CAGR (5y) | -2.5% | - | - | - | -4.2% | - | - | - | - | - |
| Book value growth (YoY) | 13.8% | 16.7% | 8.4% | 7.6% | 6.3% | 1.3% | 15.4% | 3.1% | 3.1% | 6.6% |
Peer comparison
Same SIC group: State Commercial Banks
Comparing WEST BANCORPORATION INC against the 5 most active filers in the same SIC group.
Dividends
$1.00/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 6, 2026 | $0.2500 |
| Feb 11, 2026 | $0.2500 |
| Nov 5, 2025 | $0.2500 |
| Aug 6, 2025 | $0.2500 |
| May 7, 2025 | $0.2500 |
| Feb 5, 2025 | $0.2500 |
| Nov 6, 2024 | $0.2500 |
| Aug 7, 2024 | $0.2500 |
| May 7, 2024 | $0.2500 |
| Feb 6, 2024 | $0.2500 |
| Nov 7, 2023 | $0.2500 |
| Aug 8, 2023 | $0.2500 |
| May 9, 2023 | $0.2500 |
| Feb 7, 2023 | $0.2500 |
| Nov 8, 2022 | $0.2500 |
| Aug 9, 2022 | $0.2500 |
| May 10, 2022 | $0.2500 |
| Feb 8, 2022 | $0.2500 |
| Nov 9, 2021 | $0.2400 |
| Aug 10, 2021 | $0.2400 |
| May 11, 2021 | $0.2400 |
| Feb 9, 2021 | $0.2200 |
| Nov 9, 2020 | $0.2100 |
| Aug 4, 2020 | $0.2100 |