WEST BANCORPORATION INCWTBAEarnings & Financial Report
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.
Revenue
$20.9M
Gross Profit
N/A
Operating Profit
$6.5M
Net Profit
$7.1M
Gross Margin
N/A
Operating Margin
30.9%
Net Margin
34.0%
YoY Growth
14.2%
EPS
$0.41
WEST BANCORPORATION INC Q4 FY2024 Financial Summary
WEST BANCORPORATION INC reported revenue of $20.9M (up 14.2% YoY) for Q4 FY2024, with a net profit of $7.1M (up 56.8% YoY) (34.0% margin).
Key Financial Metrics
| Total Revenue | $20.9M |
|---|---|
| Net Profit | $7.1M |
| Gross Margin | N/A |
| Operating Margin | 30.9% |
| Report Period | Q4 FY2024 |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $96.1M |
| 2024 | $79.8M |
| 2023 | $69.0M |
| 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $26.9M | +16.6% | $10.6M | 39.2% |
| Q4 FY2025 | $24.2M | +24.6% | $7.4M | 30.7% |
| Q3 FY2025 | $25.0M | +23.1% | $9.3M | 37.3% |
| Q2 FY2025 | $23.8M | +21.7% | $8.0M | 33.5% |
| Q1 FY2025 | $23.1M | +21.3% | $7.8M | 34.0% |
| Q4 FY2024 | $20.9M | +14.2% | $7.1M | 34.0% |
| Q3 FY2024 | $20.3M | +4.4% | $6.0M | 29.3% |
| Q2 FY2024 | $19.6M | -0.8% | $5.2M | 26.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $10.0M | $12.9M | $39.8M | $9.7M | $13.5M | $11.4M | $46.5M | $12.9M |