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Side-by-side financial comparison of Performance Shipping Inc. (PSHG) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

Performance Shipping Inc. is the larger business by last-quarter revenue ($39.5M vs $26.9M, roughly 1.5× WEST BANCORPORATION INC). Performance Shipping Inc. runs the higher net margin — 97.5% vs 39.2%, a 58.3% gap on every dollar of revenue. On growth, WEST BANCORPORATION INC posted the faster year-over-year revenue change (16.6% vs -7.9%).

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

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.

PSHG vs WTBA — Head-to-Head

Bigger by revenue
PSHG
PSHG
1.5× larger
PSHG
$39.5M
$26.9M
WTBA
Growing faster (revenue YoY)
WTBA
WTBA
+24.6% gap
WTBA
16.6%
-7.9%
PSHG
Higher net margin
PSHG
PSHG
58.3% more per $
PSHG
97.5%
39.2%
WTBA

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
PSHG
PSHG
WTBA
WTBA
Revenue
$39.5M
$26.9M
Net Profit
$38.5M
$10.6M
Gross Margin
Operating Margin
93.3%
50.0%
Net Margin
97.5%
39.2%
Revenue YoY
-7.9%
16.6%
Net Profit YoY
78.1%
34.8%
EPS (diluted)
$1.00
$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
PSHG
PSHG
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$24.2M
Q3 25
$25.0M
Q2 25
$39.5M
$23.8M
Q1 25
$23.1M
Q4 24
$20.9M
Q3 24
$20.3M
Q2 24
$42.9M
$19.6M
Net Profit
PSHG
PSHG
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$7.4M
Q3 25
$9.3M
Q2 25
$38.5M
$8.0M
Q1 25
$7.8M
Q4 24
$7.1M
Q3 24
$6.0M
Q2 24
$21.6M
$5.2M
Operating Margin
PSHG
PSHG
WTBA
WTBA
Q1 26
50.0%
Q4 25
39.6%
Q3 25
45.8%
Q2 25
93.3%
43.4%
Q1 25
43.4%
Q4 24
30.9%
Q3 24
36.6%
Q2 24
49.1%
32.6%
Net Margin
PSHG
PSHG
WTBA
WTBA
Q1 26
39.2%
Q4 25
30.7%
Q3 25
37.3%
Q2 25
97.5%
33.5%
Q1 25
34.0%
Q4 24
34.0%
Q3 24
29.3%
Q2 24
50.4%
26.5%
EPS (diluted)
PSHG
PSHG
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.44
Q3 25
$0.55
Q2 25
$1.00
$0.47
Q1 25
$0.46
Q4 24
$0.41
Q3 24
$0.35
Q2 24
$0.55
$0.31

Balance Sheet & Financial Strength

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

Metric
PSHG
PSHG
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$95.8M
$362.0M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$312.8M
$270.7M
Total Assets
$363.8M
$4.0B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSHG
PSHG
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$471.1M
Q3 25
$232.9M
Q2 25
$95.8M
$345.2M
Q1 25
Q4 24
$243.5M
Q3 24
Q2 24
$61.7M
Total Debt
PSHG
PSHG
WTBA
WTBA
Q1 26
Q4 25
Q3 25
Q2 25
$43.7M
Q1 25
Q4 24
Q3 24
Q2 24
$51.2M
Stockholders' Equity
PSHG
PSHG
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$266.0M
Q3 25
$255.1M
Q2 25
$312.8M
$240.9M
Q1 25
$237.9M
Q4 24
$227.9M
Q3 24
$235.4M
Q2 24
$254.0M
$223.9M
Total Assets
PSHG
PSHG
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$4.1B
Q3 25
$4.0B
Q2 25
$363.8M
$4.1B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$310.5M
$4.0B
Debt / Equity
PSHG
PSHG
WTBA
WTBA
Q1 26
Q4 25
Q3 25
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
Q2 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
PSHG
PSHG
WTBA
WTBA
Operating Cash FlowLast quarter
$26.8M
$12.9M
Free Cash FlowOCF − Capex
$12.4M
FCF MarginFCF / Revenue
46.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
0.70×
1.22×
TTM Free Cash FlowTrailing 4 quarters
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSHG
PSHG
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$46.5M
Q3 25
$11.4M
Q2 25
$26.8M
$13.5M
Q1 25
$9.7M
Q4 24
$39.8M
Q3 24
$12.9M
Q2 24
$31.7M
$10.0M
Free Cash Flow
PSHG
PSHG
WTBA
WTBA
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
FCF Margin
PSHG
PSHG
WTBA
WTBA
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%
Capex Intensity
PSHG
PSHG
WTBA
WTBA
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
0.0%
37.1%
Cash Conversion
PSHG
PSHG
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
0.70×
1.70×
Q1 25
1.24×
Q4 24
5.61×
Q3 24
2.17×
Q2 24
1.47×
1.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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