WEST BANCORPORATION INC

WEST BANCORPORATION INCWTBAEarnings & Financial Report

Nasdaq · Financials · State Commercial Banks

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

WTBA Q1 FY2026 Key Financial Metrics

Revenue

$26.9M

Gross Profit

N/A

Operating Profit

$13.5M

Net Profit

$10.6M

Gross Margin

N/A

Operating Margin

50.0%

Net Margin

39.2%

YoY Growth

16.6%

EPS

$0.61

WEST BANCORPORATION INC Q1 FY2026 Financial Summary

WEST BANCORPORATION INC reported revenue of $26.9M (up 16.6% YoY) for Q1 FY2026, with a net profit of $10.6M (up 34.8% YoY) (39.2% margin).

Key Financial Metrics

Total Revenue$26.9M
Net Profit$10.6M
Gross MarginN/A
Operating Margin50.0%
Report PeriodQ1 FY2026

WEST BANCORPORATION INC Annual Revenue by Year

WEST BANCORPORATION INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $96.1M).

YearAnnual Revenue
2025$96.1Mvs 2024
2024$79.8Mvs 2023
2023$69.0Mvs 2022
2022$91.7M

WEST BANCORPORATION INC Quarterly Revenue & Net Profit History

WEST BANCORPORATION INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$26.9M+16.6%$10.6M39.2%
Q4 FY2025$24.2M+24.6%$7.4M30.7%
Q3 FY2025$25.0M+23.1%$9.3M37.3%
Q2 FY2025$23.8M+21.7%$8.0M33.5%
Q1 FY2025$23.1M+21.3%$7.8M34.0%
Q4 FY2024$20.9M+14.2%$7.1M34.0%
Q3 FY2024$20.3M+4.4%$6.0M29.3%
Q2 FY2024$19.6M-0.8%$5.2M26.5%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$19.6M$20.3M$20.9M$23.1M$23.8M$25.0M$24.2M$26.9M
YoY Growth-0.8%4.4%14.2%21.3%21.7%23.1%24.6%16.6%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$3.97B$3.99B$4.01B$3.99B$4.06B$3.99B$4.14B$4.01B
Liabilities$3.74B$3.75B$3.79B$3.75B$3.82B$3.73B$3.88B$3.74B
Equity$223.9M$235.4M$227.9M$237.9M$240.9M$255.1M$266.0M$270.7M

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$10.0M$12.9M$39.8M$9.7M$13.5M$11.4M$46.5M$12.9M