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Side-by-side financial comparison of Seaport Entertainment Group Inc. (SEG) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.
Seaport Entertainment Group Inc. is the larger business by last-quarter revenue ($29.5M vs $26.9M, roughly 1.1× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -125.0%, a 164.3% gap on every dollar of revenue.
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.
SEG vs WTBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $29.5M | $26.9M |
| Net Profit | $-36.9M | $10.6M |
| Gross Margin | — | — |
| Operating Margin | -120.5% | 50.0% |
| Net Margin | -125.0% | 39.2% |
| Revenue YoY | — | 16.6% |
| Net Profit YoY | — | 34.8% |
| EPS (diluted) | $-2.90 | $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 | $29.5M | $24.2M | ||
| Q3 25 | $45.0M | $25.0M | ||
| Q2 25 | $39.8M | $23.8M | ||
| Q1 25 | $16.1M | $23.1M | ||
| Q4 24 | — | $20.9M | ||
| Q3 24 | $39.4M | $20.3M | ||
| Q2 24 | $33.7M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | $-36.9M | $7.4M | ||
| Q3 25 | $-33.2M | $9.3M | ||
| Q2 25 | $-14.8M | $8.0M | ||
| Q1 25 | $-31.9M | $7.8M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | $-32.5M | $6.0M | ||
| Q2 24 | $-35.0M | $5.2M |
| Q1 26 | — | 50.0% | ||
| Q4 25 | -120.5% | 39.6% | ||
| Q3 25 | -75.2% | 45.8% | ||
| Q2 25 | -40.2% | 43.4% | ||
| Q1 25 | -203.5% | 43.4% | ||
| Q4 24 | — | 30.9% | ||
| Q3 24 | -51.0% | 36.6% | ||
| Q2 24 | -75.3% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | -125.0% | 30.7% | ||
| Q3 25 | -73.7% | 37.3% | ||
| Q2 25 | -37.1% | 33.5% | ||
| Q1 25 | -198.4% | 34.0% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | -82.5% | 29.3% | ||
| Q2 24 | -103.9% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | $-2.90 | $0.44 | ||
| Q3 25 | $-2.61 | $0.55 | ||
| Q2 25 | $-1.16 | $0.47 | ||
| Q1 25 | $-2.51 | $0.46 | ||
| Q4 24 | — | $0.41 | ||
| Q3 24 | $-5.89 | $0.35 | ||
| Q2 24 | $-6.34 | $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 | $77.8M | $362.0M |
| Total DebtLower is stronger | $38.3M | — |
| Stockholders' EquityBook value | $456.5M | $270.7M |
| Total Assets | $650.1M | $4.0B |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $77.8M | $471.1M | ||
| Q3 25 | $106.2M | $232.9M | ||
| Q2 25 | $123.3M | $345.2M | ||
| Q1 25 | $129.9M | — | ||
| Q4 24 | — | $243.5M | ||
| Q3 24 | $23.7M | — | ||
| Q2 24 | $3.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $38.3M | — | ||
| Q3 25 | $39.3M | — | ||
| Q2 25 | $100.6M | — | ||
| Q1 25 | $101.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $103.3M | — | ||
| Q2 24 | $157.1M | — |
| Q1 26 | — | $270.7M | ||
| Q4 25 | $456.5M | $266.0M | ||
| Q3 25 | $485.8M | $255.1M | ||
| Q2 25 | $517.9M | $240.9M | ||
| Q1 25 | $531.2M | $237.9M | ||
| Q4 24 | — | $227.9M | ||
| Q3 24 | $433.8M | $235.4M | ||
| Q2 24 | $380.7M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $650.1M | $4.1B | ||
| Q3 25 | $699.1M | $4.0B | ||
| Q2 25 | $717.2M | $4.1B | ||
| Q1 25 | $718.4M | $4.0B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $622.8M | $4.0B | ||
| Q2 24 | $610.1M | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.08× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.24× | — | ||
| Q2 24 | 0.41× | — |
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 | $-23.1M | $12.9M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 46.0% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | — | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $-23.1M | $46.5M | ||
| Q3 25 | $-5.3M | $11.4M | ||
| Q2 25 | $-754.0K | $13.5M | ||
| Q1 25 | $-20.5M | $9.7M | ||
| Q4 24 | — | $39.8M | ||
| Q3 24 | $-8.8M | $12.9M | ||
| Q2 24 | — | $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 | — | 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
SEG
| Sponsorships Events And Entertainment | $12.5M | 43% |
| Hospitality | $12.2M | 41% |
| Rental | $4.1M | 14% |
| Other | $631.0K | 2% |
WTBA
Segment breakdown not available.
