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Side-by-side financial comparison of R F INDUSTRIES LTD (RFIL) 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 $22.7M, roughly 1.2× R F INDUSTRIES LTD). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 0.8%, a 38.5% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $2.0M). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% CAGR vs 17.3%).

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

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.

RFIL vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.2× larger
WTBA
$26.9M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+6.3% gap
RFIL
22.9%
16.6%
WTBA
Higher net margin
WTBA
WTBA
38.5% more per $
WTBA
39.2%
0.8%
RFIL
More free cash flow
WTBA
WTBA
$10.4M more FCF
WTBA
$12.4M
$2.0M
RFIL
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
17.3%
WTBA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RFIL
RFIL
WTBA
WTBA
Revenue
$22.7M
$26.9M
Net Profit
$173.0K
$10.6M
Gross Margin
36.8%
Operating Margin
4.0%
50.0%
Net Margin
0.8%
39.2%
Revenue YoY
22.9%
16.6%
Net Profit YoY
172.7%
34.8%
EPS (diluted)
$0.01
$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
RFIL
RFIL
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$22.7M
$24.2M
Q3 25
$19.8M
$25.0M
Q2 25
$18.9M
$23.8M
Q1 25
$19.2M
$23.1M
Q4 24
$18.5M
$20.9M
Q3 24
$16.8M
$20.3M
Q2 24
$16.1M
$19.6M
Net Profit
RFIL
RFIL
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$173.0K
$7.4M
Q3 25
$392.0K
$9.3M
Q2 25
$-245.0K
$8.0M
Q1 25
$-245.0K
$7.8M
Q4 24
$-238.0K
$7.1M
Q3 24
$-705.0K
$6.0M
Q2 24
$-4.3M
$5.2M
Gross Margin
RFIL
RFIL
WTBA
WTBA
Q1 26
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Operating Margin
RFIL
RFIL
WTBA
WTBA
Q1 26
50.0%
Q4 25
4.0%
39.6%
Q3 25
3.6%
45.8%
Q2 25
0.6%
43.4%
Q1 25
0.3%
43.4%
Q4 24
0.5%
30.9%
Q3 24
-2.5%
36.6%
Q2 24
-2.6%
32.6%
Net Margin
RFIL
RFIL
WTBA
WTBA
Q1 26
39.2%
Q4 25
0.8%
30.7%
Q3 25
2.0%
37.3%
Q2 25
-1.3%
33.5%
Q1 25
-1.3%
34.0%
Q4 24
-1.3%
34.0%
Q3 24
-4.2%
29.3%
Q2 24
-26.7%
26.5%
EPS (diluted)
RFIL
RFIL
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.01
$0.44
Q3 25
$0.04
$0.55
Q2 25
$-0.02
$0.47
Q1 25
$-0.02
$0.46
Q4 24
$-0.02
$0.41
Q3 24
$-0.07
$0.35
Q2 24
$-0.41
$0.31

Balance Sheet & Financial Strength

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

Metric
RFIL
RFIL
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$5.1M
$362.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.2M
$270.7M
Total Assets
$73.0M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RFIL
RFIL
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$5.1M
$471.1M
Q3 25
$3.0M
$232.9M
Q2 25
$3.6M
$345.2M
Q1 25
$1.3M
Q4 24
$839.0K
$243.5M
Q3 24
$1.8M
Q2 24
$1.4M
Stockholders' Equity
RFIL
RFIL
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$35.2M
$266.0M
Q3 25
$34.8M
$255.1M
Q2 25
$34.2M
$240.9M
Q1 25
$34.2M
$237.9M
Q4 24
$34.1M
$227.9M
Q3 24
$34.1M
$235.4M
Q2 24
$34.6M
$223.9M
Total Assets
RFIL
RFIL
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$73.0M
$4.1B
Q3 25
$73.2M
$4.0B
Q2 25
$72.7M
$4.1B
Q1 25
$70.4M
$4.0B
Q4 24
$71.0M
$4.0B
Q3 24
$71.9M
$4.0B
Q2 24
$72.8M
$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
RFIL
RFIL
WTBA
WTBA
Operating Cash FlowLast quarter
$2.1M
$12.9M
Free Cash FlowOCF − Capex
$2.0M
$12.4M
FCF MarginFCF / Revenue
9.0%
46.0%
Capex IntensityCapex / Revenue
0.3%
1.8%
Cash ConversionOCF / Net Profit
12.13×
1.22×
TTM Free Cash FlowTrailing 4 quarters
$4.3M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RFIL
RFIL
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$2.1M
$46.5M
Q3 25
$-311.0K
$11.4M
Q2 25
$2.2M
$13.5M
Q1 25
$601.0K
$9.7M
Q4 24
$-244.0K
$39.8M
Q3 24
$2.4M
$12.9M
Q2 24
$197.0K
$10.0M
Free Cash Flow
RFIL
RFIL
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$2.0M
$43.2M
Q3 25
$-419.0K
$10.8M
Q2 25
$2.2M
$12.8M
Q1 25
$574.0K
$8.3M
Q4 24
$-418.0K
$13.7M
Q3 24
$2.1M
$7.0M
Q2 24
$28.0K
$2.7M
FCF Margin
RFIL
RFIL
WTBA
WTBA
Q1 26
46.0%
Q4 25
9.0%
178.3%
Q3 25
-2.1%
43.0%
Q2 25
11.4%
53.6%
Q1 25
3.0%
35.7%
Q4 24
-2.3%
65.6%
Q3 24
12.6%
34.2%
Q2 24
0.2%
14.0%
Capex Intensity
RFIL
RFIL
WTBA
WTBA
Q1 26
1.8%
Q4 25
0.3%
13.7%
Q3 25
0.5%
2.6%
Q2 25
0.2%
3.2%
Q1 25
0.1%
6.5%
Q4 24
0.9%
125.3%
Q3 24
1.5%
29.4%
Q2 24
1.0%
37.1%
Cash Conversion
RFIL
RFIL
WTBA
WTBA
Q1 26
1.22×
Q4 25
12.13×
6.26×
Q3 25
-0.79×
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

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

WTBA
WTBA

Segment breakdown not available.

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