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Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.
WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $23.1M, roughly 1.2× ADC Therapeutics SA). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 16.6%). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% CAGR vs 13.7%).
ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.
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.
ADCT vs WTBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $23.1M | $26.9M |
| Net Profit | — | $10.6M |
| Gross Margin | — | — |
| Operating Margin | -77.7% | 50.0% |
| Net Margin | — | 39.2% |
| Revenue YoY | 36.4% | 16.6% |
| Net Profit YoY | — | 34.8% |
| EPS (diluted) | $0.04 | $0.61 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $26.9M | ||
| Q4 25 | $23.1M | $24.2M | ||
| Q3 25 | $15.8M | $25.0M | ||
| Q2 25 | $18.1M | $23.8M | ||
| Q1 25 | $17.4M | $23.1M | ||
| Q4 24 | $16.9M | $20.9M | ||
| Q3 24 | $18.0M | $20.3M | ||
| Q2 24 | $17.0M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | — | $7.4M | ||
| Q3 25 | $-41.0M | $9.3M | ||
| Q2 25 | $-56.6M | $8.0M | ||
| Q1 25 | $-38.6M | $7.8M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | $-44.0M | $6.0M | ||
| Q2 24 | $-36.5M | $5.2M |
| Q1 26 | — | 50.0% | ||
| Q4 25 | -77.7% | 39.6% | ||
| Q3 25 | -196.6% | 45.8% | ||
| Q2 25 | -244.1% | 43.4% | ||
| Q1 25 | -163.5% | 43.4% | ||
| Q4 24 | -191.8% | 30.9% | ||
| Q3 24 | -197.4% | 36.6% | ||
| Q2 24 | -170.5% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | — | 30.7% | ||
| Q3 25 | -260.1% | 37.3% | ||
| Q2 25 | -313.2% | 33.5% | ||
| Q1 25 | -221.8% | 34.0% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | -244.1% | 29.3% | ||
| Q2 24 | -214.6% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | $0.04 | $0.44 | ||
| Q3 25 | $-0.30 | $0.55 | ||
| Q2 25 | $-0.50 | $0.47 | ||
| Q1 25 | $-0.36 | $0.46 | ||
| Q4 24 | $-0.26 | $0.41 | ||
| Q3 24 | $-0.42 | $0.35 | ||
| Q2 24 | $-0.38 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.3M | $362.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-185.8M | $270.7M |
| Total Assets | $323.1M | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $261.3M | $471.1M | ||
| Q3 25 | $234.7M | $232.9M | ||
| Q2 25 | $264.6M | $345.2M | ||
| Q1 25 | $194.7M | — | ||
| Q4 24 | $250.9M | $243.5M | ||
| Q3 24 | $274.3M | — | ||
| Q2 24 | $300.1M | — |
| Q1 26 | — | $270.7M | ||
| Q4 25 | $-185.8M | $266.0M | ||
| Q3 25 | $-238.2M | $255.1M | ||
| Q2 25 | $-199.2M | $240.9M | ||
| Q1 25 | $-238.2M | $237.9M | ||
| Q4 24 | $-202.6M | $227.9M | ||
| Q3 24 | $-171.9M | $235.4M | ||
| Q2 24 | $-131.7M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $323.1M | $4.1B | ||
| Q3 25 | $289.8M | $4.0B | ||
| Q2 25 | $321.6M | $4.1B | ||
| Q1 25 | $272.5M | $4.0B | ||
| Q4 24 | $322.0M | $4.0B | ||
| Q3 24 | $349.1M | $4.0B | ||
| Q2 24 | $371.8M | $4.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.1M | $12.9M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 46.0% |
| Capex IntensityCapex / Revenue | 0.0% | 1.8% |
| Cash ConversionOCF / Net Profit | — | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $-31.1M | $46.5M | ||
| Q3 25 | $-29.6M | $11.4M | ||
| Q2 25 | $-24.1M | $13.5M | ||
| Q1 25 | $-56.3M | $9.7M | ||
| Q4 24 | $-21.9M | $39.8M | ||
| Q3 24 | $-25.0M | $12.9M | ||
| Q2 24 | $-32.8M | $10.0M |
| Q1 26 | — | $12.4M | ||
| Q4 25 | — | $43.2M | ||
| Q3 25 | — | $10.8M | ||
| Q2 25 | — | $12.8M | ||
| Q1 25 | $-56.6M | $8.3M | ||
| Q4 24 | $-21.9M | $13.7M | ||
| Q3 24 | $-25.3M | $7.0M | ||
| Q2 24 | $-32.9M | $2.7M |
| Q1 26 | — | 46.0% | ||
| Q4 25 | — | 178.3% | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | -325.2% | 35.7% | ||
| Q4 24 | -129.8% | 65.6% | ||
| Q3 24 | -140.2% | 34.2% | ||
| Q2 24 | -193.0% | 14.0% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 0.0% | 13.7% | ||
| Q3 25 | 0.0% | 2.6% | ||
| Q2 25 | 0.0% | 3.2% | ||
| Q1 25 | 1.5% | 6.5% | ||
| Q4 24 | 0.5% | 125.3% | ||
| Q3 24 | 1.2% | 29.4% | ||
| Q2 24 | 0.2% | 37.1% |
| Q1 26 | — | 1.22× | ||
| Q4 25 | — | 6.26× | ||
| Q3 25 | — | 1.23× | ||
| Q2 25 | — | 1.70× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 5.61× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
