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INDICATIVE · SAMPLE DATA
WTBA$23.7960

West Bancorporation Inc

BanksVerified

West Bancorporation Inc has a market price of $23.79, with a market capitalization of $405,098,522.79. The company's price-to-earnings ratio is 12.44, and its price-to-book ratio is 1.52, indicating a moderate valuation relative to its book value. The company's liquidity is assessed as medium, with a debt-to-equity ratio of 0.4, suggesting a relatively balanced capital structure. The company's profitability is reflected in its return on equity of 12.24% and return on assets of 0.79%. These figures are to be compared against the industry's preferred metrics, which typically emphasize high ROE and ROA. The company's net income of $32,560,000 and revenue of $88,981,000 indicate a solid performance, although the ROA is relatively low compared to industry benchmarks. West Bancorporation Inc's revenue is primarily concentrated in its banking operations, with no significant geographic diversification mentioned in the available data. The company's exposure to different segments is not detailed, but its primary business is in the banking sector. The company's growth trajectory is expected to be stable, with no significant changes in revenue or net income projected for the current fiscal year. The company's capital expenditure is negative, indicating a reduction in investment in physical assets, which may suggest a focus on cost management or a shift in strategic priorities. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt suggests potential liquidity constraints. The company's dilution risk is low, with no significant dilution potential in the near term. Recent events and filings do not indicate any major changes or risks for the company. The company's financial health appears stable, with no significant negative developments reported in the latest filings or transcripts.

30-day price · WTBA-1.41 (-5.6%)
Low$22.58High$25.13Close$23.65As of22 May, 00:00 UTC
Profile
CompanyWest Bancorporation Inc
TickerWTBA.O
SectorFinancials
BusinessBanking & Investment Services
Industry groupBanking & Investment Services
IndustryBanks
AI analysis

Business. West Bancorporation Inc operates as a bank, providing financial services to customers through its banking activities.

Classification. The company is classified under the industry Banks, within the business sector Banking & Investment Services, with a confidence level of 0.92.

West Bancorporation Inc has a market price of $23.79, with a market capitalization of $405,098,522.79. The company's price-to-earnings ratio is 12.44, and its price-to-book ratio is 1.52, indicating a moderate valuation relative to its book value. The company's liquidity is assessed as medium, with a debt-to-equity ratio of 0.4, suggesting a relatively balanced capital structure. The company's profitability is reflected in its return on equity of 12.24% and return on assets of 0.79%. These figures are to be compared against the industry's preferred metrics, which typically emphasize high ROE and ROA. The company's net income of $32,560,000 and revenue of $88,981,000 indicate a solid performance, although the ROA is relatively low compared to industry benchmarks. West Bancorporation Inc's revenue is primarily concentrated in its banking operations, with no significant geographic diversification mentioned in the available data. The company's exposure to different segments is not detailed, but its primary business is in the banking sector. The company's growth trajectory is expected to be stable, with no significant changes in revenue or net income projected for the current fiscal year. The company's capital expenditure is negative, indicating a reduction in investment in physical assets, which may suggest a focus on cost management or a shift in strategic priorities. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt suggests potential liquidity constraints. The company's dilution risk is low, with no significant dilution potential in the near term. Recent events and filings do not indicate any major changes or risks for the company. The company's financial health appears stable, with no significant negative developments reported in the latest filings or transcripts.
Key takeaways
  • West Bancorporation Inc has a moderate valuation with a price-to-earnings ratio of 12.44 and a price-to-book ratio of 1.52.
  • The company's return on equity is 12.24%, which is a strong indicator of profitability.
  • The company's liquidity is assessed as medium, with a debt-to-equity ratio of 0.4.
  • The company's revenue is primarily concentrated in its banking operations, with no significant geographic diversification.
  • The company's growth trajectory is expected to be stable, with no significant changes in revenue or net income projected for the current fiscal year.
  • The company's risk assessment indicates a medium liquidity risk and a low dilution risk.
  • --
  • # RATIONALES
Financial snapshot
PeriodHA-latest
CurrencyUSD
Revenue$89.0M
Gross profit
Operating income
Net income$32.6M
R&D
SG&A
D&A
SBC
Operating cash flow$46.5M
CapEx-$3.3M
Free cash flow$16.8M
Total assets$4.14B
Total liabilities$3.88B
Total equity$266.0M
Cash & equivalents
Long-term debt$106.4M
Valuation
Market price$23.79
Market cap$405.1M
Enterprise value$511.5M
P/E12.4
Reported non-GAAP P/E
EV/Revenue5.8
EV/Op income
EV/OCF11.0
P/B1.5
P/Tangible book1.5
Tangible book$266.0M
Net cash-$106.4M
Current ratio
Debt/Equity0.4
ROA0.8%
ROE12.2%
Cash conversion1.4%
CapEx/Revenue-3.7%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Banks · cohort 670 companies
MetricWTBAActivity
Op margin36.8% medp25 22.9% · p75 60.0%
Net margin36.6%33.6% medp25 19.4% · p75 51.1%above median
Gross margin55.0% medp25 42.9% · p75 88.7%
CapEx / revenue-3.7%-4.6% medp25 -10.4% · p75 -2.1%above median
Debt / equity40.0%56.1% medp25 13.2% · p75 161.2%below median
Observations
IR observations
Mean price target25.75 USD
Median price target25.75 USD
High price target26.00 USD
Low price target25.50 USD
Mean recommendation3.00 (1=strong buy, 5=strong sell)
Strong-buy count0.00
Buy count0.00
Hold count2.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate2.59 USD
Last actual EPS1.92 USD
Competitor context
JPMJPMorgan ChaseUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
BACBank of AmericaUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
CCitigroupUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod financials
no public URL
2026-05-25 04:21 UTC#31bf7e99
Source: analysis-pipeline (hybrid)Generated: 2026-05-30 01:30 UTCJob: 3f944f21