West Bancorporation Inc
WTBA Nasdaq· State Commercial Banks
Last close · Oct 26, 2026
$30.50
KIRA · Stoqly’s AI analyst, in plain words
- West Bancorporation Inc had $95.2M of revenue in fiscal 2025, up 19.4% on the year before. Over five years, revenue changed +0.6% a year on average.
- West Bancorporation Inc made $32.6M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 3.4% a year.
- West Bancorporation Inc returned $16.9M to shareholders in fiscal 2025, 39% of free cash flow. The diluted share count rose 0.6%.
- It earned 13.2% on shareholders’ money. Running costs took 56.5% of revenue (the efficiency ratio; lower is better).
Market cap
$525M
P/E
13.6x
Revenue
$95.2M
Net income
$32.6M
Return on equity
13.2%
Efficiency ratio
56.5%
West Bancorporation Inc in 30 seconds · fiscal 2025
Are sales growing?
+19.4%
Yes. Sales grew 19.4% last year.
Does it make a profit?
34.2%
Yes. It keeps 34.2% of every sale as profit.
How lean are its costs?
56.5%
Average. Running costs take 56.5% of revenue.
How much does it earn on its capital?
13.2%
Good. It earns 13.2% a year on shareholders’ money.
How is the share priced?
13.6x
One share costs 13.6 times its yearly profit per share.
What West Bancorporation Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- WEST BANCORPORATION INC
- CIK
- 0001166928
West Bancorporation Inc · WTBA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $105M | $102M | $79.1M | $79.8M | $95.2M |
| Revenue growth | 13.4% | −2.7% | −22.4% | 0.9% | 19.4% |
| Net interest income | $95.1M | $91.7M | $69.0M | $71.4M | $89.0M |
| Net income | $49.6M | $46.4M | $24.1M | $24.1M | $32.6M |
| Net margin | 47.3% | 45.5% | 30.5% | 30.1% | 34.2% |
| Diluted EPS | $2.95 | $2.76 | $1.44 | $1.42 | $1.92 |
| Cash | |||||
| Cash from operations | $57.9M | $59.4M | $25.2M | $39.8M | $46.5M |
| Capital expenditure | $8.7M | $21.3M | $36.4M | $26.1M | $3.3M |
| Free cash flow | $49.1M | $38.1M | −$11.1M | $13.7M | $43.2M |
| FCF margin | 46.9% | 37.4% | −14.1% | 17.1% | 45.3% |
| Dividends paid | $15.5M | $16.6M | $16.7M | $16.8M | $16.9M |
| Share count change | 1.7% | 0.1% | −0.3% | 0.9% | 0.6% |
| Debt and strength | |||||
| Cash and short-term investments | $193M | $26.5M | $65.4M | $243M | $471M |
| Debt incl. finance leases | $51.5M | — | — | — | — |
| Loans, net | $2.4B | $2.7B | $2.9B | — | — |
| Deposits | $3.0B | $2.9B | $3.0B | $3.4B | $3.5B |
| Shareholders' equity | $260M | $211M | $225M | $228M | $266M |
| Returns and quality | |||||
| Return on equity | 20.5% | 19.7% | 11.1% | 10.6% | 13.2% |
| Return on tangible equity | 19.1% | 22.0% | 10.7% | 10.6% | 12.2% |
| Efficiency ratio | 41.4% | 44.2% | 61.5% | 64.4% | 56.5% |
| Piotroski F-score | 5 | — | — | — | — |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.5M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
West Bancorporation Inc · WTBA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $30.50 a share, the company is worth $525M: 13.6 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001166928). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.