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Side-by-side financial comparison of EVOLUTION PETROLEUM CORP (EPM) 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 $20.7M, roughly 1.3× EVOLUTION PETROLEUM CORP). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 5.2%, a 34.1% gap on every dollar of revenue. On growth, WEST BANCORPORATION INC posted the faster year-over-year revenue change (16.6% vs 2.0%). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% CAGR vs -5.2%).
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.
EPM vs WTBA — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.7M | $26.9M |
| Net Profit | $1.1M | $10.6M |
| Gross Margin | 44.3% | — |
| Operating Margin | 3.2% | 50.0% |
| Net Margin | 5.2% | 39.2% |
| Revenue YoY | 2.0% | 16.6% |
| Net Profit YoY | 158.4% | 34.8% |
| EPS (diluted) | $0.03 | $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 | $20.7M | $24.2M | ||
| Q3 25 | $21.3M | $25.0M | ||
| Q2 25 | $21.1M | $23.8M | ||
| Q1 25 | $22.6M | $23.1M | ||
| Q4 24 | $20.3M | $20.9M | ||
| Q3 24 | $21.9M | $20.3M | ||
| Q2 24 | $21.2M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | $1.1M | $7.4M | ||
| Q3 25 | $824.0K | $9.3M | ||
| Q2 25 | $3.4M | $8.0M | ||
| Q1 25 | $-2.2M | $7.8M | ||
| Q4 24 | $-1.8M | $7.1M | ||
| Q3 24 | $2.1M | $6.0M | ||
| Q2 24 | $1.2M | $5.2M |
| Q1 26 | — | — | ||
| Q4 25 | 44.3% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 46.1% | — | ||
| Q1 25 | 40.7% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 46.2% | — | ||
| Q2 24 | 46.3% | — |
| Q1 26 | — | 50.0% | ||
| Q4 25 | 3.2% | 39.6% | ||
| Q3 25 | -0.4% | 45.8% | ||
| Q2 25 | 6.3% | 43.4% | ||
| Q1 25 | 7.0% | 43.4% | ||
| Q4 24 | -3.0% | 30.9% | ||
| Q3 24 | 8.5% | 36.6% | ||
| Q2 24 | 11.3% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | 5.2% | 30.7% | ||
| Q3 25 | 3.9% | 37.3% | ||
| Q2 25 | 16.2% | 33.5% | ||
| Q1 25 | -9.7% | 34.0% | ||
| Q4 24 | -9.0% | 34.0% | ||
| Q3 24 | 9.4% | 29.3% | ||
| Q2 24 | 5.8% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | $0.03 | $0.44 | ||
| Q3 25 | $0.02 | $0.55 | ||
| Q2 25 | $0.10 | $0.47 | ||
| Q1 25 | $-0.07 | $0.46 | ||
| Q4 24 | $-0.06 | $0.41 | ||
| Q3 24 | $0.06 | $0.35 | ||
| Q2 24 | $0.04 | $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 | $3.8M | $362.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $67.5M | $270.7M |
| Total Assets | $169.3M | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $3.8M | $471.1M | ||
| Q3 25 | $714.0K | $232.9M | ||
| Q2 25 | $2.5M | $345.2M | ||
| Q1 25 | $5.6M | — | ||
| Q4 24 | $11.7M | $243.5M | ||
| Q3 24 | $6.9M | — | ||
| Q2 24 | $6.4M | — |
| Q1 26 | — | $270.7M | ||
| Q4 25 | $67.5M | $266.0M | ||
| Q3 25 | $69.1M | $255.1M | ||
| Q2 25 | $71.8M | $240.9M | ||
| Q1 25 | $71.7M | $237.9M | ||
| Q4 24 | $76.3M | $227.9M | ||
| Q3 24 | $79.6M | $235.4M | ||
| Q2 24 | $81.1M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $169.3M | $4.1B | ||
| Q3 25 | $169.1M | $4.0B | ||
| Q2 25 | $160.3M | $4.1B | ||
| Q1 25 | $156.4M | $4.0B | ||
| Q4 24 | $160.2M | $4.0B | ||
| Q3 24 | $157.9M | $4.0B | ||
| Q2 24 | $162.9M | $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 | $5.4M | $12.9M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 46.0% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | 5.09× | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $5.4M | $46.5M | ||
| Q3 25 | $7.8M | $11.4M | ||
| Q2 25 | $10.5M | $13.5M | ||
| Q1 25 | $7.3M | $9.7M | ||
| Q4 24 | $7.7M | $39.8M | ||
| Q3 24 | $7.6M | $12.9M | ||
| Q2 24 | $8.0M | $10.0M |
| Q1 26 | — | $12.4M | ||
| Q4 25 | — | $43.2M | ||
| Q3 25 | — | $10.8M | ||
| Q2 25 | — | $12.8M | ||
| Q1 25 | — | $8.3M | ||
| Q4 24 | — | $13.7M | ||
| Q3 24 | — | $7.0M | ||
| Q2 24 | — | $2.7M |
| Q1 26 | — | 46.0% | ||
| Q4 25 | — | 178.3% | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 35.7% | ||
| Q4 24 | — | 65.6% | ||
| Q3 24 | — | 34.2% | ||
| Q2 24 | — | 14.0% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | — | 13.7% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 125.3% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 37.1% |
| Q1 26 | — | 1.22× | ||
| Q4 25 | 5.09× | 6.26× | ||
| Q3 25 | 9.47× | 1.23× | ||
| Q2 25 | 3.06× | 1.70× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 5.61× | ||
| Q3 24 | 3.69× | 2.17× | ||
| Q2 24 | 6.47× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPM
| Crude Oil | $10.7M | 52% |
| Natural Gas Reserves | $7.4M | 36% |
| Natural Gas Liquids Reserves | $2.5M | 12% |
WTBA
Segment breakdown not available.
