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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) 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 $18.7M, roughly 1.4× HEALTHY CHOICE WELLNESS CORP.). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -8.9%, a 48.1% gap on every dollar of revenue. WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-927.1K).

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.

HCWC vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.4× larger
WTBA
$26.9M
$18.7M
HCWC
Higher net margin
WTBA
WTBA
48.1% more per $
WTBA
39.2%
-8.9%
HCWC
More free cash flow
WTBA
WTBA
$13.3M more FCF
WTBA
$12.4M
$-927.1K
HCWC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HCWC
HCWC
WTBA
WTBA
Revenue
$18.7M
$26.9M
Net Profit
$-1.7M
$10.6M
Gross Margin
39.1%
Operating Margin
-7.6%
50.0%
Net Margin
-8.9%
39.2%
Revenue YoY
16.6%
Net Profit YoY
34.8%
EPS (diluted)
$-0.05
$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.

Revenue
HCWC
HCWC
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$18.7M
$24.2M
Q3 25
$19.0M
$25.0M
Q2 25
$20.2M
$23.8M
Q1 25
$20.3M
$23.1M
Q4 24
$20.9M
Q3 24
$18.2M
$20.3M
Q2 24
$19.6M
Net Profit
HCWC
HCWC
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$-1.7M
$7.4M
Q3 25
$-1.2M
$9.3M
Q2 25
$-339.4K
$8.0M
Q1 25
$-712.4K
$7.8M
Q4 24
$7.1M
Q3 24
$-2.7M
$6.0M
Q2 24
$5.2M
Gross Margin
HCWC
HCWC
WTBA
WTBA
Q1 26
Q4 25
39.1%
Q3 25
38.8%
Q2 25
40.1%
Q1 25
38.8%
Q4 24
Q3 24
38.4%
Q2 24
Operating Margin
HCWC
HCWC
WTBA
WTBA
Q1 26
50.0%
Q4 25
-7.6%
39.6%
Q3 25
-3.2%
45.8%
Q2 25
-0.2%
43.4%
Q1 25
-2.0%
43.4%
Q4 24
30.9%
Q3 24
-2.0%
36.6%
Q2 24
32.6%
Net Margin
HCWC
HCWC
WTBA
WTBA
Q1 26
39.2%
Q4 25
-8.9%
30.7%
Q3 25
-6.4%
37.3%
Q2 25
-1.7%
33.5%
Q1 25
-3.5%
34.0%
Q4 24
34.0%
Q3 24
-14.6%
29.3%
Q2 24
26.5%
EPS (diluted)
HCWC
HCWC
WTBA
WTBA
Q1 26
$0.61
Q4 25
$-0.05
$0.44
Q3 25
$-0.09
$0.55
Q2 25
$-0.03
$0.47
Q1 25
$-0.07
$0.46
Q4 24
$0.41
Q3 24
$-0.29
$0.35
Q2 24
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCWC
HCWC
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$3.0M
$362.0M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$7.3M
$270.7M
Total Assets
$33.5M
$4.0B
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCWC
HCWC
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$3.0M
$471.1M
Q3 25
$3.0M
$232.9M
Q2 25
$4.7M
$345.2M
Q1 25
$1.8M
Q4 24
$243.5M
Q3 24
$1.8M
Q2 24
Total Debt
HCWC
HCWC
WTBA
WTBA
Q1 26
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q4 24
Q3 24
$11.6M
Q2 24
Stockholders' Equity
HCWC
HCWC
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$7.3M
$266.0M
Q3 25
$5.9M
$255.1M
Q2 25
$5.8M
$240.9M
Q1 25
$2.1M
$237.9M
Q4 24
$227.9M
Q3 24
$2.9M
$235.4M
Q2 24
$223.9M
Total Assets
HCWC
HCWC
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$33.5M
$4.1B
Q3 25
$33.7M
$4.0B
Q2 25
$36.4M
$4.1B
Q1 25
$34.1M
$4.0B
Q4 24
$4.0B
Q3 24
$33.2M
$4.0B
Q2 24
$4.0B
Debt / Equity
HCWC
HCWC
WTBA
WTBA
Q1 26
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q4 24
Q3 24
3.95×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCWC
HCWC
WTBA
WTBA
Operating Cash FlowLast quarter
$-855.1K
$12.9M
Free Cash FlowOCF − Capex
$-927.1K
$12.4M
FCF MarginFCF / Revenue
-5.0%
46.0%
Capex IntensityCapex / Revenue
0.4%
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$675.4K
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCWC
HCWC
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$-855.1K
$46.5M
Q3 25
$-308.7K
$11.4M
Q2 25
$1.1M
$13.5M
Q1 25
$1.1M
$9.7M
Q4 24
$39.8M
Q3 24
$12.9M
Q2 24
$10.0M
Free Cash Flow
HCWC
HCWC
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$-927.1K
$43.2M
Q3 25
$-351.3K
$10.8M
Q2 25
$988.6K
$12.8M
Q1 25
$965.3K
$8.3M
Q4 24
$13.7M
Q3 24
$7.0M
Q2 24
$2.7M
FCF Margin
HCWC
HCWC
WTBA
WTBA
Q1 26
46.0%
Q4 25
-5.0%
178.3%
Q3 25
-1.8%
43.0%
Q2 25
4.9%
53.6%
Q1 25
4.8%
35.7%
Q4 24
65.6%
Q3 24
34.2%
Q2 24
14.0%
Capex Intensity
HCWC
HCWC
WTBA
WTBA
Q1 26
1.8%
Q4 25
0.4%
13.7%
Q3 25
0.2%
2.6%
Q2 25
0.4%
3.2%
Q1 25
0.6%
6.5%
Q4 24
125.3%
Q3 24
29.4%
Q2 24
37.1%
Cash Conversion
HCWC
HCWC
WTBA
WTBA
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.

Revenue Breakdown by Segment

HCWC
HCWC

Retail Grocery$17.1M91%
Food Service Restaurant$1.7M9%

WTBA
WTBA

Segment breakdown not available.

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