vs
Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) 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 $18.9M, roughly 1.4× Bluerock Homes Trust, Inc.). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -50.1%, a 89.4% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (35.9% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $10.4M). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs 17.3%).
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
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.
BHM vs WTBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $26.9M |
| Net Profit | $-9.5M | $10.6M |
| Gross Margin | — | — |
| Operating Margin | -48.8% | 50.0% |
| Net Margin | -50.1% | 39.2% |
| Revenue YoY | 35.9% | 16.6% |
| Net Profit YoY | -29.9% | 34.8% |
| EPS (diluted) | $-0.75 | $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 | $18.9M | $24.2M | ||
| Q3 25 | $16.6M | $25.0M | ||
| Q2 25 | $16.8M | $23.8M | ||
| Q1 25 | $16.4M | $23.1M | ||
| Q4 24 | $13.9M | $20.9M | ||
| Q3 24 | $12.7M | $20.3M | ||
| Q2 24 | $12.5M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | $-9.5M | $7.4M | ||
| Q3 25 | $-10.0M | $9.3M | ||
| Q2 25 | $-5.8M | $8.0M | ||
| Q1 25 | $-7.3M | $7.8M | ||
| Q4 24 | $-7.3M | $7.1M | ||
| Q3 24 | $3.5M | $6.0M | ||
| Q2 24 | $-5.2M | $5.2M |
| Q1 26 | — | 50.0% | ||
| Q4 25 | -48.8% | 39.6% | ||
| Q3 25 | -57.6% | 45.8% | ||
| Q2 25 | -30.9% | 43.4% | ||
| Q1 25 | -42.6% | 43.4% | ||
| Q4 24 | -52.8% | 30.9% | ||
| Q3 24 | 27.9% | 36.6% | ||
| Q2 24 | -41.3% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | -50.1% | 30.7% | ||
| Q3 25 | -60.0% | 37.3% | ||
| Q2 25 | -34.7% | 33.5% | ||
| Q1 25 | -44.7% | 34.0% | ||
| Q4 24 | -52.8% | 34.0% | ||
| Q3 24 | 27.9% | 29.3% | ||
| Q2 24 | -41.3% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | $-0.75 | $0.44 | ||
| Q3 25 | $-0.94 | $0.55 | ||
| Q2 25 | $-0.66 | $0.47 | ||
| Q1 25 | $-0.67 | $0.46 | ||
| Q4 24 | $-0.65 | $0.41 | ||
| Q3 24 | $0.24 | $0.35 | ||
| Q2 24 | $-0.42 | $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 | $169.6M | $362.0M |
| Total DebtLower is stronger | $428.4M | — |
| Stockholders' EquityBook value | $128.7M | $270.7M |
| Total Assets | $1.2B | $4.0B |
| Debt / EquityLower = less leverage | 3.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $169.6M | $471.1M | ||
| Q3 25 | $2.1M | $232.9M | ||
| Q2 25 | $4.2M | $345.2M | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | $115.2M | $243.5M | ||
| Q3 24 | $155.1M | — | ||
| Q2 24 | $116.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $428.4M | — | ||
| Q3 25 | $415.9M | — | ||
| Q2 25 | $338.6M | — | ||
| Q1 25 | $336.5M | — | ||
| Q4 24 | $373.8M | — | ||
| Q3 24 | $122.5M | — | ||
| Q2 24 | $119.7M | — |
| Q1 26 | — | $270.7M | ||
| Q4 25 | $128.7M | $266.0M | ||
| Q3 25 | $131.7M | $255.1M | ||
| Q2 25 | $135.3M | $240.9M | ||
| Q1 25 | $137.1M | $237.9M | ||
| Q4 24 | $139.1M | $227.9M | ||
| Q3 24 | $142.9M | $235.4M | ||
| Q2 24 | $142.5M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $1.2B | $4.1B | ||
| Q3 25 | $222.1M | $4.0B | ||
| Q2 25 | $220.3M | $4.1B | ||
| Q1 25 | $186.2M | $4.0B | ||
| Q4 24 | $967.0M | $4.0B | ||
| Q3 24 | $800.8M | $4.0B | ||
| Q2 24 | $756.2M | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | 3.33× | — | ||
| Q3 25 | 3.16× | — | ||
| Q2 25 | 2.50× | — | ||
| Q1 25 | 2.45× | — | ||
| Q4 24 | 2.69× | — | ||
| Q3 24 | 0.86× | — | ||
| Q2 24 | 0.84× | — |
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 | $27.8M | $12.9M |
| Free Cash FlowOCF − Capex | $10.4M | $12.4M |
| FCF MarginFCF / Revenue | 55.0% | 46.0% |
| Capex IntensityCapex / Revenue | 91.8% | 1.8% |
| Cash ConversionOCF / Net Profit | — | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | $25.0M | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $27.8M | $46.5M | ||
| Q3 25 | $13.4M | $11.4M | ||
| Q2 25 | $13.9M | $13.5M | ||
| Q1 25 | $951.0K | $9.7M | ||
| Q4 24 | $9.1M | $39.8M | ||
| Q3 24 | $1.7M | $12.9M | ||
| Q2 24 | $1.3M | $10.0M |
| Q1 26 | — | $12.4M | ||
| Q4 25 | $10.4M | $43.2M | ||
| Q3 25 | $8.7M | $10.8M | ||
| Q2 25 | $8.8M | $12.8M | ||
| Q1 25 | $-2.9M | $8.3M | ||
| Q4 24 | $-253.0K | $13.7M | ||
| Q3 24 | $-601.0K | $7.0M | ||
| Q2 24 | $-654.0K | $2.7M |
| Q1 26 | — | 46.0% | ||
| Q4 25 | 55.0% | 178.3% | ||
| Q3 25 | 52.4% | 43.0% | ||
| Q2 25 | 52.2% | 53.6% | ||
| Q1 25 | -17.6% | 35.7% | ||
| Q4 24 | -1.8% | 65.6% | ||
| Q3 24 | -4.7% | 34.2% | ||
| Q2 24 | -5.2% | 14.0% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 91.8% | 13.7% | ||
| Q3 25 | 28.5% | 2.6% | ||
| Q2 25 | 30.3% | 3.2% | ||
| Q1 25 | 23.4% | 6.5% | ||
| Q4 24 | 66.9% | 125.3% | ||
| Q3 24 | 18.0% | 29.4% | ||
| Q2 24 | 15.3% | 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 | 0.47× | 2.17× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
WTBA
Segment breakdown not available.
