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West Bancorporation, Inc. operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. The company offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. It also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; and consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate, as well as 1-4 family residential mortgages and home equity loans. In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 41.42M | 27.44M | 29.79M | 59.40M | 62.91M |
| Net income | 32.56M | 24.05M | 24.14M | 46.40M | 49.61M |
| Selling general administrative | 37.55M | 31.80M | 30.50M | 31.65M | 27.51M |
| Selling and marketing expenses | - | 0.10M | 0.16M | 0.25M | 0.22M |
| Gross profit | 95.25M | 78.13M | 77.78M | 101.41M | 104.79M |
| Reconciled depreciation | 7.59M | 3.72M | 4.81M | 4.46M | 3.62M |
| Ebit | 41.42M | 27.44M | 29.79M | 91.01M | 62.91M |
| Ebitda | 49.01M | 34.37M | 34.94M | 95.47M | 66.52M |
| Depreciation and amortization | 7.59M | 6.92M | 5.15M | 4.46M | 3.62M |
| Operating income | 41.42M | 27.44M | 29.79M | 91.01M | 62.91M |
| Other operating expenses | 157.07M | 170.39M | 139.96M | 0.87M | -41.88M |
| Interest expense | 103.24M | 118.70M | 91.27M | 31.61M | 12.22M |
| Tax provision | 8.86M | 3.39M | 6.90M | 13.00M | 13.30M |
| Interest income | 192.22M | 190.07M | 152.79M | 123.35M | 107.28M |
| Net interest income | 88.98M | 71.36M | 73.34M | 91.74M | 95.06M |
| Income tax expense | 8.86M | 3.39M | 5.65M | 13.00M | 13.30M |
| Total revenue | 198.49M | 197.84M | 169.75M | 101.41M | 104.79M |
| Total operating expenses | 53.83M | 50.69M | 47.99M | 0.87M | -41.88M |
| Cost of revenue | 103.24M | 119.70M | 91.97M | - | - |
| Total other income expense net | - | -161.58M | -7.57M | -31.61M | -12.22M |
| Net income from continuing ops | 32.56M | 24.05M | 28.56M | 46.40M | 49.61M |
| Net income applicable to common shares | - | - | - | 46.40M | 49.61M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 4142.24M | 4014.99M | 3831.53M | 3613.22M | 3500.20M |
| Other current assets | -11.98M | - | 78.94M | 11.99M | 8.89M |
| Total liab | 3876.26M | 3787.12M | 3606.49M | 3402.11M | 196.99M |
| Total stockholder equity | 265.99M | 227.88M | 225.04M | 211.11M | 260.33M |
| Other current liab | 3468.47M | 3357.60M | 1029.93M | 3080.41M | 3018.89M |
| Common stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Capital stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Retained earnings | 294.26M | 278.61M | 271.37M | 267.56M | 237.78M |
| Other liab | - | - | - | - | 24.00M |
| Other assets | 3540.25M | 3285.66M | - | 2822.49M | 1921.54M |
| Cash | 349.67M | 243.48M | 65.36M | 26.54M | 17.55M |
| Total current liabilities | 3468.47M | 3357.60M | 1501.06M | 200.00M | 3018.89M |
| Net debt | 26.73M | 149.15M | 530.68M | 259.32M | 179.43M |
| Short term debt | 275.59M | 275.59M | 471.13M | 200.00M | - |
| Short long term debt total | 376.41M | 392.63M | 596.04M | 285.86M | 196.99M |
| Other stockholder equity | 37.23M | 35.62M | 34.20M | 32.02M | 30.18M |
| Property plant equipment | - | - | - | 53.12M | 34.57M |
| Total current assets | 651.48M | 800.87M | 78.94M | 701.00M | 785.27M |
| Long term investments | 468.45M | 544.57M | 623.92M | 664.12M | 758.82M |
| Net tangible assets | - | - | - | 211.11M | 260.33M |
| Short term investments | 289.82M | 544.57M | 623.92M | 664.12M | 758.82M |
| Net receivables | 11.98M | 12.82M | 13.58M | 11.99M | 8.89M |
| Long term debt | 376.41M | 392.63M | 442.37M | 285.86M | 196.99M |
| Inventory | - | - | -670.75M | - | - |
| Accounts payable | - | - | - | 35.84M | 3016.01M |
| Accumulated other comprehensive income | -68.50M | -89.36M | -83.52M | -91.47M | -10.64M |
| Common stock total equity | - | - | - | 3.00M | 3.00M |
| Retained earnings total equity | - | - | - | 267.56M | 237.78M |
| Non currrent assets other | 206.67M | 96.51M | 88.92M | -664.12M | -793.39M |
| Non current assets total | 3490.76M | 3214.12M | 3752.59M | 89.73M | 793.39M |
| Long term debt total | - | - | - | 130.85M | 71.99M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 104.89M | -27.34M | -226.91M | -336.52M | -528.47M |
| Change to liabilities | - | - | - | 9.19M | 0.02M |
| Total cashflows from investing activities | 93.30M | -27.34M | - | -357.83M | -537.21M |
| Net borrowings | -5.00M | -50.00M | - | 255.84M | 34.50M |
| Total cash from financing activities | 87.83M | 165.65M | 182.25M | 132.11M | 275.72M |
| Change to operating activities | - | - | - | 10.20M | 2.13M |
| Net income | 32.56M | 24.05M | 24.14M | 46.40M | 49.61M |
| Change in cash | 227.61M | 178.12M | 38.82M | -166.29M | -203.61M |
| Begin period cash flow | 243.48M | 65.36M | 26.54M | 192.82M | 396.44M |
| End period cash flow | 471.09M | 243.48M | 65.36M | 26.54M | 192.82M |
| Total cash from operating activities | 46.48M | 39.81M | 25.25M | 59.44M | 57.88M |
| Depreciation | 7.59M | 6.92M | 1.86M | 4.46M | 3.62M |
| Other cashflows from investing activities | -8.26M | -69.41M | - | -9.37M | 1.76M |
| Dividends paid | 16.91M | 16.81M | 16.70M | 16.62M | 15.54M |
| Change to account receivables | 0.84M | 0.76M | -1.59M | -3.10M | 2.34M |
| Sale purchase of stock | -1.13M | -1.09M | -0.94M | -1.52M | -1.21M |
| Other cashflows from financing activities | 110.87M | 233.55M | 212.10M | 84.56M | 347.02M |
| Change to netincome | - | - | - | 1.48M | 0.23M |
| Capital expenditures | 3.33M | 26.14M | 36.39M | 21.31M | 8.74M |
| Change receivables | - | - | - | -3.10M | 2.34M |
| Cash flows other operating | - | - | - | 1.00M | 2.07M |
| Cash and cash equivalents changes | - | - | - | -166.29M | -203.61M |
| Change in working capital | 0.47M | 2.30M | -6.99M | 7.10M | 4.47M |
| Stock based compensation | 2.74M | 2.51M | 3.11M | 3.36M | 2.57M |
| Other non cash items | 2.76M | 1.05M | 2.69M | -3.46M | -2.47M |
| Free cash flow | 43.15M | 13.67M | -11.14M | 38.13M | 49.13M |
Sector: Financial Services Industry: Banks - Regional
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| WTBA West Bancorporation |
-0.13 0.43% |
29.91 | 13.20 | 13.26 | 4.90 | 1.79 | 7.17 |
| DBSDY DBS Group Holdings Ltd ADR |
-2.42 1.05% |
227.80 | 20.00 | 17.57 | 7.54 | 3.17 | 13.19 |
| CIHHF China Merchants Bank Co Ltd Class H |
- -% |
6.66 | 7.70 | 7.10 | 0.55 | 0.83 | 3.51 |
| CIHKY China Merchants Bank Co Ltd |
1.20 3.58% |
34.75 | 7.79 | 7.20 | 0.55 | 0.85 | 3.51 |
| UNCFF UniCredit SpA |
-0.02 0.02% |
82.05 | 11.53 | 10.27 | 5.72 | 1.83 | 8.22 |
West Bancorporation, Inc. operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. The company offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. It also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; and consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate, as well as 1-4 family residential mortgages and home equity loans. In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
3330 Westown Parkway, West Des Moines, IA, United States, 50266
515 222 2300
180
| Name | Title | Year Born |
|---|---|---|
| Mr. David D. Nelson | CEO, Pres & Director | 1961 |
| Mr. Douglas Ray Gulling | Exec. Officer & Director | 1954 |
| Mr. Brad Lee Winterbottom | Exec. VP | 1957 |
| Mr. Harlee N. Olafson | Exec. VP & Chief Risk Officer | 1958 |
| Mr. Bradley P. Peters | Exec. VP | 1964 |
| Ms. Jane M. Funk | Exec. VP, Treasurer & CFO | 1969 |
| Mr. John F. McKinney III, J.D. | VP, Gen. Counsel, First VP of West Bank and Gen. Counsel of West Bank | NA |
| Mr. Mike Zinser | Market Pres of Rochester - West Bank | NA |
| Ms. Melissa L. Gillespie | VP, Assistant Gen. Counsel & Corp. Sec. | NA |
| Mr. Han Wu | Sr. VP of West Bank | NA |
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