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West Bancorporation

Financial Services US WTBA

24.27USD
0.03(0.12%)

Last update at 2026-06-09T15:35:00Z

Day Range

24.1024.64
LowHigh

52 Week Range

14.6121.76
LowHigh

Fundamentals

  • Previous Close 24.24
  • Market Cap289.54M
  • Volume29294
  • P/E Ratio13.05
  • Dividend Yield5.68%
  • Revenue TTM76.48M
  • Revenue Per Share TTM4.57
  • Gross Profit TTM 104.45M
  • Diluted EPS TTM1.32

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 59.40M 62.91M 41.38M 35.74M 35.07M
Minority interest - - - - -
Net income 46.40M 49.61M 32.71M 28.69M 28.51M
Selling general administrative 31.65M 27.51M 25.31M 24.93M 22.16M
Selling and marketing expenses 0.25M 0.22M 0.21M 0.23M 0.20M
Gross profit 101.41M 104.79M 92.44M 74.75M 69.41M
Reconciled depreciation 4.46M 3.62M 3.39M 5.07M 6.35M
Ebit 91.01M 62.91M 41.38M 35.74M 57.80M
Ebitda 95.47M 66.52M 44.77M 40.81M 64.16M
Depreciation and amortization 4.46M 3.62M 3.39M 5.07M 6.35M
Non operating income net other - - - - -
Operating income 91.01M 62.91M 41.38M 35.74M 57.80M
Other operating expenses 0.87M -41.88000M -51.05400M 23.56M 24.23M
Interest expense 31.61M 12.22M 17.40M 32.24M 22.73M
Tax provision 13.00M 13.30M 8.67M 7.05M 6.56M
Interest income 123.35M 107.28M 100.23M 98.67M 84.79M
Net interest income 91.74M 95.06M 82.83M 66.43M 62.06M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 13.00M 13.30M 8.67M 7.05M 6.56M
Total revenue 101.41M 104.79M 92.44M 74.75M 69.81M
Total operating expenses 0.87M -41.88000M -51.05400M 23.56M 24.23M
Cost of revenue - - - - 0.40M
Total other income expense net -31.60900M -12.22100M -17.40000M -32.24500M -22.73500M
Discontinued operations - - - - -
Net income from continuing ops 46.40M 49.61M 32.71M 28.69M 28.51M
Net income applicable to common shares 46.40M 49.61M 32.71M 28.69M 28.51M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3831.53M 3613.22M 3500.20M 3185.74M 2473.69M
Intangible assets - - - - -
Earning assets - - - - 461.44M
Other current assets 78.94M 11.99M 8.89M -431.80200M 15.48M
Total liab 3606.49M 3402.11M 196.99M 217.01M 222.73M
Total stockholder equity 225.04M 211.11M 260.33M 223.69M 211.82M
Deferred long term liab - - - - -
Other current liab 1029.93M 3080.41M 3018.89M 2706.37M 2218.51M
Common stock 3.00M 3.00M 3.00M 3.00M 3.00M
Capital stock 3.00M 3.00M 3.00M 3.00M 3.00M
Retained earnings 271.37M 267.56M 237.78M 203.72M 184.82M
Other liab - - 24.00M 38.67M 21.73M
Good will - - - - -
Other assets - 2822.49M 1921.54M 2226.60M 1601.91M
Cash 65.36M 26.54M 17.55M 77.69M 37.81M
Cash and equivalents - - - - -
Total current liabilities 1501.06M 200.00M 3018.89M 2745.04M 2218.51M
Current deferred revenue - - - - -
Net debt 530.68M 259.32M 179.43M 139.32M 184.92M
Short term debt 471.13M 200.00M - 27.04M 1.37M
Short long term debt - - - - 1.37M
Short long term debt total 596.04M 285.86M 196.99M 217.01M 222.73M
Other stockholder equity 34.20M 32.02M 30.18M 28.82M 27.26M
Property plant equipment - 53.12M 34.57M 29.08M 29.68M
Total current assets 78.94M 701.00M 785.27M 509.50M 443.52M
Long term investments 623.92M 664.12M 758.82M 2251.14M 1924.43M
Net tangible assets - 211.11M 260.33M 223.69M 211.82M
Short term investments 623.92M 664.12M 758.82M 420.57M 398.58M
Net receivables 13.58M 11.99M 8.89M 11.23M 7.13M
Long term debt 442.37M 285.86M 196.99M 42.01M 43.36M
Inventory -670.74500M - - - -
Accounts payable - 35.84M 3016.01M 38.67M 21.73M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -83.52300M -91.47100M -10.63700M -11.84600M -3.26100M
Additional paid in capital - - - - -
Common stock total equity - 3.00M 3.00M 3.00M 3.00M
Preferred stock total equity - - - - -
Retained earnings total equity - 267.56M 237.78M 203.72M 184.82M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 88.92M -664.11500M -793.39000M -449.64800M -428.25800M
Deferred long term asset charges - - - - -
Non current assets total 3752.59M 89.73M 793.39M 449.65M 428.26M
Capital lease obligations - - - - -
Long term debt total - 130.85M 71.99M 42.01M 43.36M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -226.90600M -336.52000M -528.46800M -357.64400M -155.05500M
Change to liabilities - 9.19M 0.02M 0.15M 1.04M
Total cashflows from investing activities - -357.83100M -537.21100M -367.16300M -155.49900M
Net borrowings - 255.84M 34.50M 1.35M 18.56M
Total cash from financing activities 182.25M 132.11M 275.72M 668.02M 124.35M
Change to operating activities - 10.20M 2.13M -0.33800M 0.01M
Net income 24.14M 46.40M 49.61M 32.71M 28.69M
Change in cash 38.82M -166.28600M -203.61000M 343.14M 5.82M
Begin period cash flow 26.54M 192.82M 396.44M 53.29M 47.47M
End period cash flow 65.36M 26.54M 192.82M 396.44M 53.29M
Total cash from operating activities 25.25M 59.44M 57.88M 42.28M 36.97M
Issuance of capital stock - - - - -
Depreciation 1.86M 4.46M 3.62M 3.39M 5.07M
Other cashflows from investing activities - -9.37100M 1.76M -7.20000M 0.60M
Dividends paid 16.70M 16.62M 15.54M 13.81M 13.58M
Change to inventory - - - - -
Change to account receivables -1.59300M -3.09800M 2.34M -4.09700M 0.50M
Sale purchase of stock -0.93500M -1.51900M -1.21300M -0.74900M -0.86100M
Other cashflows from financing activities 212.10M 84.56M 347.02M -0.74900M -0.86100M
Change to netincome - 1.48M 0.23M 10.62M 2.70M
Capital expenditures 36.39M 21.31M 8.74M 2.32M 1.05M
Change receivables - -3.09800M 2.34M -4.09700M 0.50M
Cash flows other operating - 1.00M 2.07M -0.49000M -1.02900M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -166.28600M -203.61000M 343.14M 5.82M
Change in working capital -6.99100M 7.10M 4.47M -4.43500M 0.51M
Stock based compensation 3.11M 3.36M 2.57M 2.31M 2.99M
Other non cash items 2.69M -3.46400M -2.47400M 11.33M -0.26400M
Free cash flow -11.13800M 38.13M 49.13M 39.97M 35.92M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
WTBA
West Bancorporation
0.03 0.12% 24.27 13.05 - 3.43 1.19
HDB
HDFC Bank Limited ADR
0.24 1.04% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.24 0.78% 30.47 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

West Bancorporation, Inc. operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, 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 online and mobile banking, treasury management services including cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services; merchant credit card processing and corporate credit cards; and administration of estates, conservatorships, personal trusts, and agency accounts. The company was founded in 1893 and is headquartered in West Des Moines, Iowa.

West Bancorporation

1601 22nd Street, West Des Moines, IA, United States, 50266

Key Executives

Name Title Year Born
Mr. David D. Nelson CEO, Pres & Director 1961
Mr. Douglas Ray Gulling Exec. Officer & Director 1954
Mr. Brad Lee Winterbottom Exec. VP 1957
Mr. Harlee N. Olafson Exec. VP & Chief Risk Officer 1958
Mr. Bradley P. Peters Exec. VP 1964
Ms. Jane M. Funk Exec. VP, Treasurer & CFO 1969
Mr. John F. McKinney III, J.D. VP, Gen. Counsel, First VP of West Bank and Gen. Counsel of West Bank NA
Mr. Mike Zinser Market Pres of Rochester - West Bank NA
Ms. Melissa L. Gillespie VP, Assistant Gen. Counsel & Corp. Sec. NA
Mr. Han Wu Sr. VP of West Bank NA

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