See more : El Nino Ventures Inc. (ELNOF) Income Statement Analysis – Financial Results
Complete financial analysis of West Bancorporation, Inc. (WTBA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of West Bancorporation, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- INOX Leisure Limited (INOXLEISUR.NS) Income Statement Analysis – Financial Results
- Marzocchi Pompe S.p.A. (MARP.MI) Income Statement Analysis – Financial Results
- Anhui Liuguo Chemical Co., Ltd. (600470.SS) Income Statement Analysis – Financial Results
- Sentronic International Corp. (3232.TWO) Income Statement Analysis – Financial Results
- MPX International Corporation (MPXI.CN) Income Statement Analysis – Financial Results
West Bancorporation, Inc. (WTBA)
About West Bancorporation, Inc.
West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 78.40M | 101.41M | 104.79M | 92.44M | 74.75M | 69.81M | 68.71M | 65.10M | 62.36M | 58.37M | 54.19M | 52.19M | 52.22M | 52.51M | 51.11M | 57.55M | 54.26M | 54.94M | 49.89M | 46.35M | 41.63M | 37.60M | 35.98M | 6.87M |
| Cost of Revenue | -91.97M | 0.00 | 0.00 | 0.00 | 0.00 | 400.00K | 542.00K | 853.00K | 1.11M | 895.00K | 496.00K | 505.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 170.37M | 101.41M | 104.79M | 92.44M | 74.75M | 69.41M | 68.16M | 64.25M | 61.26M | 57.48M | 53.69M | 51.69M | 52.22M | 52.51M | 51.11M | 57.55M | 54.26M | 54.94M | 49.89M | 46.35M | 41.63M | 37.60M | 35.98M | 6.87M |
| Gross Profit Ratio | 217.32% | 100.00% | 100.00% | 100.00% | 100.00% | 99.43% | 99.21% | 98.69% | 98.23% | 98.47% | 99.08% | 99.03% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 30.50M | 31.65M | 27.51M | 25.31M | 24.93M | 22.16M | 20.99M | 20.18M | 19.23M | 19.08M | 18.52M | 17.27M | 16.41M | 15.89M | 14.44M | 13.36M | 13.56M | 13.94M | 10.31M | 9.68M | 7.70M | 6.44M | 6.04M | 0.00 |
| Selling & Marketing | 163.00K | 246.00K | 224.00K | 211.00K | 230.00K | 195.00K | 224.00K | 231.00K | 253.00K | 220.00K | 359.00K | 268.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 41.04M | 31.90M | 27.51M | 25.31M | 24.93M | 22.16M | 20.99M | 20.18M | 19.23M | 19.08M | 18.52M | 17.27M | 16.41M | 15.89M | 14.44M | 13.36M | 13.56M | 13.94M | 10.31M | 9.68M | 7.70M | 6.44M | 6.04M | 0.00 |
| Other Expenses | 0.00 | -14.30M | -69.39M | -76.36M | -1.37M | -1.19M | -435.00K | -418.00K | -228.00K | -188.00K | 0.00 | 203.00K | -53.36M | -73.45M | -60.88M | -30.22M | 3.40M | 329.00K | -5.63M | -13.90M | -12.11M | -4.93M | 7.37M | 41.19M |
| Operating Expenses | 41.04M | 874.00K | -41.88M | -51.05M | 23.56M | 24.24M | 1.08M | 774.00K | 748.00K | 944.00K | 1.20M | 1.06M | -36.95M | -57.56M | -46.45M | -16.85M | 16.96M | 14.27M | 4.68M | -4.22M | -4.40M | 1.52M | 13.41M | 41.19M |
| Cost & Expenses | 41.04M | 874.00K | -41.88M | -51.05M | 23.56M | 24.24M | 1.62M | 1.63M | 1.85M | 1.84M | 1.70M | 1.57M | -36.95M | -57.56M | -46.45M | -16.85M | 16.96M | 14.27M | 4.68M | -4.22M | -4.40M | 1.52M | 13.41M | 41.19M |
| Interest Income | 160.31M | 123.35M | 107.28M | 100.23M | 98.68M | 84.79M | 73.03M | 64.99M | 60.15M | 55.30M | 52.74M | 50.66M | 53.32M | 61.14M | 67.73M | 72.53M | 82.03M | 79.74M | 63.47M | 49.60M | 43.46M | 44.64M | 54.61M | 61.20M |
| Interest Expense | 91.27M | 31.61M | 12.22M | 17.40M | 32.25M | 22.74M | 12.98M | 7.88M | 5.99M | 6.16M | 7.06M | 9.46M | 11.92M | 19.02M | 26.64M | 31.43M | 43.82M | 40.67M | 25.10M | 13.95M | 11.14M | 13.65M | 24.95M | 33.64M |
| Depreciation & Amortization | 1.86M | 1.50M | 1.50M | 1.50M | 1.43M | 1.41M | 1.35M | 1.05M | 4.81M | 4.62M | 5.62M | 5.00M | 14.00K | 2.30M | 1.49M | 1.91M | 0.00 | 1.31M | 550.00K | 360.00K | 2.09M | 742.14K | 253.02K | 0.00 |
| EBITDA | 31.64M | 60.90M | 64.41M | 42.88M | 36.86M | 36.48M | 37.79M | 34.00M | 32.37M | 27.54M | 16.89M | -1.32M | 25.37M | 1.71M | 0.00 | 0.00 | 0.00 | 0.00 | 29.47M | 28.18M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 40.36% | 94.14% | 63.48% | 48.44% | 54.60% | 91.90% | 79.93% | 70.91% | 67.74% | 64.18% | 68.07% | 71.35% | 63.72% | 76.24% | 12.03% | 74.04% | 131.26% | 128.35% | 110.49% | 91.68% | 94.43% | 106.01% | 137.98% | 699.69% |
| Operating Income | 37.36M | 91.01M | 62.91M | 41.38M | 35.74M | 57.80M | 49.42M | 40.83M | 37.43M | 32.85M | 31.27M | 32.24M | 15.27M | -5.05M | 4.66M | 40.69M | 71.22M | 69.20M | 54.57M | 42.14M | 37.22M | 39.12M | 49.39M | 48.06M |
| Operating Income Ratio | 47.65% | 89.74% | 60.03% | 44.77% | 47.82% | 82.80% | 71.92% | 62.72% | 60.02% | 56.27% | 57.71% | 61.77% | 29.24% | -9.62% | 9.12% | 70.71% | 131.26% | 125.97% | 109.38% | 90.90% | 89.42% | 104.04% | 137.27% | 699.69% |
| Total Other Income/Expenses | -7.57M | 0.00 | -9.04M | -8.46M | 307.00K | -333.00K | 0.00 | -4.80M | -6.00K | 1.07M | -6.48M | -1.32M | -377.00K | 5.33M | -17.07M | -4.74M | -35.00K | 112.00K | -15.74M | -18.17M | -11.14M | -13.65M | -24.95M | 56.77M |
| Income Before Tax | 29.79M | 59.40M | 62.91M | 41.38M | 35.74M | 35.07M | 36.44M | 32.95M | 31.44M | 26.69M | 24.21M | 22.78M | 21.34M | 18.71M | -12.41M | 9.26M | 27.40M | 28.54M | 29.47M | 28.18M | 26.08M | 25.47M | 24.43M | 22.45M |
| Income Before Tax Ratio | 37.99% | 58.57% | 60.03% | 44.77% | 47.82% | 50.23% | 53.04% | 50.62% | 50.41% | 45.72% | 44.68% | 43.64% | 40.87% | 35.64% | -24.27% | 16.09% | 50.49% | 51.94% | 59.07% | 60.80% | 62.66% | 67.74% | 67.92% | 326.91% |
| Income Tax Expense | 5.65M | 13.00M | 13.30M | 8.67M | 7.05M | 6.56M | 13.37M | 9.94M | 9.70M | 6.65M | 7.32M | 6.76M | 6.07M | 5.33M | -7.36M | 1.62M | 8.48M | 9.13M | 9.40M | 9.57M | 8.80M | 9.10M | 8.70M | 8.04M |
| Net Income | 24.14M | 46.40M | 49.61M | 32.71M | 28.69M | 28.51M | 23.07M | 23.02M | 21.74M | 20.04M | 16.89M | 16.01M | 15.27M | 13.38M | -14.62M | 7.64M | 18.92M | 19.41M | 20.07M | 18.61M | 17.28M | 16.38M | 15.74M | 14.42M |
| Net Income Ratio | 30.79% | 45.75% | 47.34% | 35.39% | 38.38% | 40.84% | 33.58% | 35.35% | 34.86% | 34.33% | 31.17% | 30.68% | 29.24% | 25.49% | -28.60% | 13.27% | 34.87% | 35.33% | 40.24% | 40.16% | 41.52% | 43.55% | 43.74% | 209.90% |
| EPS | 1.44 | 2.79 | 3.00 | 1.99 | 1.75 | 1.75 | 1.42 | 1.42 | 1.35 | 1.25 | 1.02 | 0.92 | 0.74 | 0.64 | -0.84 | 0.44 | 1.08 | 1.11 | 1.09 | 1.06 | 0.98 | 0.93 | 0.81 | 0.77 |
| EPS Diluted | 1.44 | 2.76 | 2.95 | 1.98 | 1.74 | 1.74 | 1.41 | 1.42 | 1.35 | 1.25 | 1.02 | 0.92 | 0.74 | 0.64 | -0.84 | 0.44 | 1.08 | 1.11 | 1.09 | 1.06 | 0.98 | 0.93 | 0.81 | 0.77 |
| Weighted Avg Shares Out | 16.76M | 16.62M | 16.53M | 16.45M | 16.36M | 16.28M | 16.19M | 16.12M | 16.05M | 16.00M | 16.56M | 17.40M | 17.40M | 17.40M | 17.40M | 17.41M | 17.52M | 17.48M | 18.49M | 17.61M | 17.64M | 17.70M | 19.54M | 18.70M |
| Weighted Avg Shares Out (Dil) | 16.75M | 16.80M | 16.79M | 16.52M | 16.48M | 16.40M | 16.34M | 16.21M | 16.10M | 16.04M | 16.56M | 17.44M | 17.40M | 17.40M | 17.40M | 17.41M | 17.52M | 17.48M | 18.49M | 17.61M | 17.64M | 17.70M | 19.54M | 18.70M |
West Bancorp (WTBA) Q2 Earnings and Revenues Beat Estimates
West Bancorp (WTBA) delivered earnings and revenue surprises of 27.42% and 5.69%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
West Bancorporation, Inc. Announces Record Net Income for the Second Quarter of 2021, Declares Quarterly Dividend
WEST DES MOINES, Iowa, July 29, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported that second quarter 2021 net income was $13.2 million, or $0.79 per diluted common share, compared...
West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call
WEST DES MOINES, Iowa, June 25, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA) (the “Company”), parent company of West Bank, will report its results for the second quarter of 2021, on Thursday, July 29, 2021 before the markets...
West Bancorporation, Inc. Announces Executive Leadership Transition
WEST DES MOINES, Iowa, May 27, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today announced that Douglas R. Gulling will be retiring as Executive Vice President and Chief Financial Officer of...
Should Value Investors Choose West Bancorp. (WTBA) Stock?
Let's see if West Bancorporation (WTBA) stock is a good choice for value-oriented investors right now from multiple angles.
12 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.2% and a median of 4.6%.
West Bancorporation, Inc. (WTBA) CEO Dave Nelson on Q1 2021 Results - Earnings Call Transcript
West Bancorporation, Inc. (WTBA) CEO Dave Nelson on Q1 2021 Results - Earnings Call Transcript
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of West Bancorporation, Inc. - WTBA
New York, New York--(Newsfile Corp. - March 31, 2021) - Levi & Korsinsky announces it has commenced an investigation of West Bancorporation, Inc. (NASDAQ: WTBA) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/west-bancorporation-inc-information-request-formor contact Joseph E....
Top Ranked Income Stocks to Buy for March 24th
Top Ranked Income Stocks to Buy for March 24th
West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call
WEST DES MOINES, Iowa, March 19, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA) (the “Company”), parent company of West Bank, will report its results for the first quarter of 2021, on Thursday, April 29, 2021 before the markets...
Source: https://incomestatements.info
Category: Stock Reports
What was the net interest margin for West Bancorporation in Q3 2024?
Net Interest Margin: 3.24%, a decline of three basis points from the prior quarter.
How did West Bancorporation’s loan and deposit growth perform in Q3 2024?
“Quarterly loan and deposit growth of $916 million and $1.8 billion, respectively, continued their upward trajectory and produced PPNR 1 of $285.7 million. Asset quality remained stable with our nonperforming assets to total assets ratio declining to 0.45% and net loan charge-offs of 0.20% of average loans.