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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $26.9M, roughly 1.9× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 32.1%, a 7.1% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $12.4M).

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

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.

LPA vs WTBA — Head-to-Head

Bigger by revenue
LPA
LPA
1.9× larger
LPA
$50.1M
$26.9M
WTBA
Higher net margin
WTBA
WTBA
7.1% more per $
WTBA
39.2%
32.1%
LPA
More free cash flow
LPA
LPA
$9.0M more FCF
LPA
$21.4M
$12.4M
WTBA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LPA
LPA
WTBA
WTBA
Revenue
$50.1M
$26.9M
Net Profit
$16.1M
$10.6M
Gross Margin
Operating Margin
81.7%
50.0%
Net Margin
32.1%
39.2%
Revenue YoY
16.6%
Net Profit YoY
34.8%
EPS (diluted)
$0.33
$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
LPA
LPA
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$50.1M
$24.2M
Q3 25
$32.7M
$25.0M
Q2 25
$21.5M
$23.8M
Q1 25
$10.5M
$23.1M
Q4 24
$20.9M
Q3 24
$19.2M
$20.3M
Q2 24
$19.6M
Net Profit
LPA
LPA
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$16.1M
$7.4M
Q3 25
$9.3M
Q2 25
$8.0M
Q1 25
$7.8M
Q4 24
$7.1M
Q3 24
$6.0M
Q2 24
$5.2M
Operating Margin
LPA
LPA
WTBA
WTBA
Q1 26
50.0%
Q4 25
81.7%
39.6%
Q3 25
45.8%
Q2 25
43.4%
Q1 25
43.4%
Q4 24
30.9%
Q3 24
36.6%
Q2 24
32.6%
Net Margin
LPA
LPA
WTBA
WTBA
Q1 26
39.2%
Q4 25
32.1%
30.7%
Q3 25
37.3%
Q2 25
33.5%
Q1 25
34.0%
Q4 24
34.0%
Q3 24
29.3%
Q2 24
26.5%
EPS (diluted)
LPA
LPA
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.33
$0.44
Q3 25
$0.09
$0.55
Q2 25
$-0.06
$0.47
Q1 25
$0.46
Q4 24
$0.41
Q3 24
$-1.26
$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
LPA
LPA
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$27.3M
$362.0M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$270.7M
Total Assets
$700.8M
$4.0B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$27.3M
$471.1M
Q3 25
$232.9M
Q2 25
$345.2M
Q1 25
Q4 24
$243.5M
Q3 24
Q2 24
Total Debt
LPA
LPA
WTBA
WTBA
Q1 26
Q4 25
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
LPA
LPA
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$324.6M
$266.0M
Q3 25
$255.1M
Q2 25
$240.9M
Q1 25
$237.9M
Q4 24
$227.9M
Q3 24
$235.4M
Q2 24
$223.9M
Total Assets
LPA
LPA
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$700.8M
$4.1B
Q3 25
$4.0B
Q2 25
$4.1B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$4.0B
Debt / Equity
LPA
LPA
WTBA
WTBA
Q1 26
Q4 25
0.91×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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
LPA
LPA
WTBA
WTBA
Operating Cash FlowLast quarter
$21.6M
$12.9M
Free Cash FlowOCF − Capex
$21.4M
$12.4M
FCF MarginFCF / Revenue
42.7%
46.0%
Capex IntensityCapex / Revenue
0.3%
1.8%
Cash ConversionOCF / Net Profit
1.34×
1.22×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$21.6M
$46.5M
Q3 25
$14.4M
$11.4M
Q2 25
$7.2M
$13.5M
Q1 25
$4.4M
$9.7M
Q4 24
$39.8M
Q3 24
$8.3M
$12.9M
Q2 24
$10.0M
Free Cash Flow
LPA
LPA
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$21.4M
$43.2M
Q3 25
$-7.3M
$10.8M
Q2 25
$-3.1M
$12.8M
Q1 25
$966.4K
$8.3M
Q4 24
$13.7M
Q3 24
$-2.4M
$7.0M
Q2 24
$2.7M
FCF Margin
LPA
LPA
WTBA
WTBA
Q1 26
46.0%
Q4 25
42.7%
178.3%
Q3 25
-22.2%
43.0%
Q2 25
-14.4%
53.6%
Q1 25
9.2%
35.7%
Q4 24
65.6%
Q3 24
-12.3%
34.2%
Q2 24
14.0%
Capex Intensity
LPA
LPA
WTBA
WTBA
Q1 26
1.8%
Q4 25
0.3%
13.7%
Q3 25
66.1%
2.6%
Q2 25
47.9%
3.2%
Q1 25
32.5%
6.5%
Q4 24
125.3%
Q3 24
55.5%
29.4%
Q2 24
37.1%
Cash Conversion
LPA
LPA
WTBA
WTBA
Q1 26
1.22×
Q4 25
1.34×
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.

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