West Bancorporation, Inc. (NASDAQ: WTBA) is a Financial Services company in the Banks - Regional industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 12.77 | EPS (ttm) | 2.24 | Insider Own | 7.52% | Shs Outstand | 17.03M | Perf Week | 2.11% |
| Market Cap | 487.17M | Forward P/E | 10.16 | EPS next Y | 2.82 | Insider Trans | 0.00% | Shs Float | 15.25M | Perf Month | 6.12% |
| Enterprise Value | 383.17M | PEG | 1.54 | EPS next Q | 0.65 | Inst Own | - | Short Float | 2.57% | Perf Quarter | 21.54% |
| Income | 38.00M | P/S | 2.44 | EPS this Y | 16.07% | Inst Trans | - | Short Ratio | 6.49 | Perf Half Y | 12.02% |
| Sales | 200.00M | P/B | 1.73 | EPS next Y | 8.27% | ROA | 0.95% | Short Interest | 391.70K | Perf YTD | 28.93% |
| Book/sh | 16.50 | P/C | 1.02 | EPS next 5Y | 8.27% | ROE | 14.31% | 52W High | 28.80 -0.66% | Perf Year | 59.30% |
| Cash/sh | 28.07 | P/FCF | 9.67 | EPS past 3/5Y | -11.39% -0.61% | ROIC | -1.41% | 52W Low | 17.31 65.28% | Perf 3Y | 40.11% |
| Dividend Est. | 1.04 (3.64%) | EV/EBITDA | 7.23 | Sales past 3/5Y | 13.90% 12.68% | Gross Margin | 51.45% | Volatility | 2.10% 2.78% | Perf 5Y | -1.89% |
| Dividend TTM | 1.00 (3.50%) | EV/Sales | 1.92 | EPS Y/Y TTM | 57.75% | Oper. Margin | 24.35% | ATR (14) | 0.75 | Perf 10Y | 51.38% |
| Dividend Ex-Date | Aug 05, 2026 | Quick Ratio | 0.15 | Sales Y/Y TTM | 1.01% | Profit Margin | 19.14% | RSI (14) | 69.64 | Recom | 2.67 |
| Dividend Gr. 3/5Y | 0.00% 3.55% | Current Ratio | 0.15 | EPS Q/Q | 36.17% | SMA20 | 5.09% | Beta | 0.68 | Target Price | - |
| Payout | 44.20% | Debt/Eq | 1.41 | Sales Q/Q | 2.00% | SMA50 | 10.36% | Rel Volume | 1.23 | Prev Close | 28.25 |
| Employees | 180 | LT Debt/Eq | 1.41 | Earnings | Oct 22 | SMA200 | 19.68% | Avg Volume | 59.73K | Price | 28.61 |
| IPO Date | May 03, 1999 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 1.59% 0.25% | Net Debt/EBITDA | 6.29 | Volume | 73,424 | Change | 1.27% |
West Bancorporation, Inc. functions as the holding company for West Bank, delivering a comprehensive suite of community banking and trust services. Serving individuals and small-to-medium enterprises throughout the United States, its financial offerings include a variety of deposit options such as checking, savings, money market accounts, and time certificates of deposit. The institution also provides diverse lending solutions, spanning commercial real estate, construction and land development, business lines of credit, and commercial term loans. Furthermore, it offers consumer loans for personal, household, and family expenditures not secured by property, alongside residential mortgages for 1-4 family homes and home equity loans. Beyond traditional banking, the company specializes in trust administration, managing estates, conservatorships, personal trusts, and agency accounts. Supplementary services encompass internet and mobile banking platforms, treasury management solutions—like cash management, client-generated ACH transactions, remote deposit capabilities, and fraud prevention—as well as merchant credit card processing and corporate credit cards. West Bancorporation, Inc. maintains a physical presence through seven offices in the Des Moines vicinity, one location in Coralville, Iowa, and individual branches situated in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. This entity, founded in 1893, is headquartered in West Des Moines, Iowa.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 200 | 198 | 198 | 170 | 134 | 116 | 109 | 107 | 93 | |
| Cost of Goods Sold Incl. D&A | 97 | 103 | 120 | 92 | 29 | 11 | 29 | 33 | 22 | |
| Gross Profit | 103 | 95 | 78 | 78 | 104 | 106 | 80 | 74 | 70 | |
| Selling, General and Administrative Excl. Other | 43 | 38 | 32 | 31 | 28 | 27 | 28 | 26 | 23 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 11 | 16 | 19 | 17 | 17 | 16 | 11 | 12 | 12 | |
| Operating Income | 48 | 41 | 27 | 30 | 59 | 63 | 41 | 36 | 35 | |
| Interest Expense | 97 | 103 | 119 | 91 | 32 | 12 | 17 | 32 | 23 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 97 | 103 | 119 | 91 | 32 | 12 | 17 | 32 | 23 | |
| Net Income Before Taxes | 48 | 41 | 27 | 30 | 59 | 63 | 41 | 36 | 35 | |
| Income Taxes | 10 | 9 | 3 | 6 | 13 | 13 | 9 | 7 | 7 | |
| Consolidated Net Income | 38 | 33 | 24 | 24 | 46 | 50 | 33 | 29 | 29 | |
| Net Income From Continuing Operations | 38 | 33 | 24 | 24 | 46 | 50 | 33 | 29 | 29 | |
| Net Income | 38 | 33 | 24 | 24 | 46 | 50 | 33 | 29 | 29 | |
| EPS (Recurring) | 2.26 | 1.92 | 1.43 | 1.44 | 2.79 | 3.00 | 1.99 | 1.75 | 1.75 | |
| EPS (Basic, Before Extraordinaries) | 2.26 | 1.92 | 1.43 | 1.44 | 2.79 | 3.00 | 1.99 | 1.75 | 1.75 | |
| EPS (Diluted) | 2.24 | 1.92 | 1.42 | 1.44 | 2.76 | 2.95 | 1.98 | 1.74 | 1.74 | |
| EBITDA | 53 | 49 | 34 | 35 | 64 | 67 | 45 | 41 | 41 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 12.77 | 11.56 | 15.25 | 14.72 | 9.26 | 10.53 | 9.75 | 14.73 | 10.97 | |
| Price To Sales Ratio | 2.43 | 1.91 | 1.86 | 2.12 | 3.24 | 4.55 | 2.83 | 3.83 | 3.28 | |
| Gross Margin | 51.50 | 47.98 | 39.39 | 45.88 | 77.61 | 91.38 | 73.39 | 69.16 | 75.27 | |
| Operating Margin | 24.00 | 20.71 | 13.64 | 17.65 | 44.03 | 54.31 | 37.61 | 33.64 | 37.63 | |
| Net Margin | 19.00 | 16.67 | 12.12 | 14.12 | 34.33 | 43.10 | 30.28 | 27.10 | 31.18 | |
| Shares Outstanding | 17 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | |
| Market Capitalization | 486 | 377 | 368 | 360 | 434 | 528 | 309 | 410 | 305 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| MILLIGAN GEORGE D | Director | Nov 24 '25 | Sale | 21.71 | 10,000 | 217,100 | 53,195 | Nov 25 |
| MILLIGAN GEORGE D | Director | Nov 21 '25 | Sale | 22.00 | 5,826 | 128,172 | 63,195 | Nov 25 |
| GULLING DOUGLAS R | Director | Nov 11 '25 | Sale | 21.75 | 7,900 | 171,825 | 72,338 | Nov 12 |
| NELSON DAVID D | CEO & PRESIDENT | Feb 19 '25 | Buy | 22.27 | 639 | 14,231 | 124,866 | Feb 20 |
| NELSON DAVID D | CEO & PRESIDENT | Nov 20 '24 | Buy | 23.79 | 592 | 14,084 | 107,227 | Nov 21 |
| GULLING DOUGLAS R | Director | Nov 08 '24 | Sale | 23.61 | 4,000 | 94,448 | 80,709 | Nov 12 |
| NELSON DAVID D | CEO & PRESIDENT | Aug 21 '24 | Buy | 19.04 | 730 | 13,899 | 106,635 | Aug 23 |
| NELSON DAVID D | CEO & PRESIDENT | May 22 '24 | Buy | 17.87 | 768 | 13,724 | 105,905 | May 23 |
| NELSON DAVID D | CEO & PRESIDENT | Feb 21 '24 | Buy | 17.55 | 2,007 | 35,223 | 123,337 | Feb 22 |
| NELSON DAVID D | CEO & PRESIDENT | Nov 22 '23 | Buy | 18.22 | 1,906 | 34,728 | 105,567 | Nov 27 |
| NELSON DAVID D | CEO & PRESIDENT | Aug 23 '23 | Buy | 18.66 | 1,838 | 34,297 | 104,836 | Aug 24 |
| NELSON DAVID D | CEO & PRESIDENT | May 24 '23 | Buy | 17.23 | 1,948 | 33,564 | 104,131 | May 25 |
| Peters Bradley P | Executive Vice President | May 18 '23 | Buy | 16.42 | 1,000 | 16,420 | 57,113 | May 19 |
| McMurray Sean Patrick | Director | May 17 '23 | Buy | 16.10 | 5,000 | 80,500 | 43,447 | May 18 |
| NELSON DAVID D | CEO & PRESIDENT | May 16 '23 | Buy | 15.72 | 1,000 | 15,720 | 83,348 | May 17 |