West Bancorporation, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting third-quarter net income of $11,628 thousand and nine-month net income of $33,273 thousand.

Key Highlights

  • Third-quarter net income: $11,628 thousand, up from $9,314 thousand in the same quarter of 2025, according to the filing.
  • Nine-month net income: $33,273 thousand for the nine months ended September 30, 2026, compared to $25,135 thousand for the same period in 2025.
  • Diluted earnings per share: $0.67 for the third quarter of 2026, versus $0.55 in the third quarter of 2025; $1.93 for the nine months ended September 30, 2026, versus $1.48 for the same period in 2025.
  • Net interest income: $26,370 thousand for the third quarter of 2026, compared to $22,501 thousand in the third quarter of 2025.
  • Total assets: $3,891,676 thousand as of September 30, 2026, down from $4,142,244 thousand as of December 31, 2025.
  • Cash dividend declared: $0.26 per common share in the third quarter of 2026.
  • Shares outstanding: 17,043,743 shares of common stock as of October 28, 2026.

West Bancorporation Reports Higher Net Interest Income and Earnings for Q3 2026

West Bancorporation, Inc. (NASDAQ:WTBA), an Iowa-based bank holding company, disclosed its unaudited financial results for the three and nine months ended September 30, 2026 in its quarterly report. The company reported third-quarter net interest income of $26,370 thousand, an increase from $22,501 thousand in the third quarter of 2025. Total interest income for the quarter was $49,195 thousand, compared to $48,925 thousand a year earlier, while total interest expense fell to $22,825 thousand from $26,424 thousand over the same period, according to the filing.

On the balance sheet, the filing showed total assets of $3,891,676 thousand as of September 30, 2026, down from $4,142,244 thousand at December 31, 2025. Total loans stood at $2,995,211 thousand, with an allowance for credit losses of $30,536 thousand, resulting in net loans of $2,964,675 thousand. Total deposits were $3,270,646 thousand at the end of the quarter, compared to $3,468,470 thousand at year-end 2025. The company reported no credit loss expense or benefit for either the three- or nine-month periods ended September 30, 2026 and 2025.

Noninterest income for the third quarter of 2026 totaled $2,745 thousand, up from $2,503 thousand in the prior-year quarter, with trust services contributing $1,190 thousand versus $894 thousand a year earlier. Total noninterest expense for the quarter was $13,961 thousand, compared to $13,550 thousand in the third quarter of 2025, with salaries and employee benefits rising to $7,956 thousand from $7,457 thousand. Accumulated other comprehensive loss widened to $83,983 thousand at September 30, 2026 from $68,505 thousand at December 31, 2025, primarily reflecting unrealized losses on securities and derivative positions during the period. Total stockholders' equity was $271,690 thousand at September 30, 2026.

What Was Disclosed

West Bancorporation filed its quarterly report covering the period ended September 30, 2026, disclosing financial statements including its balance sheet, income statement, and stockholders' equity, along with notes and management's discussion and analysis.