West Bancorporation, Inc. functions as the holding company for West Bank, delivering a comprehensive suite of community banking and trust services. Serving ...
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Est. EPS $0.67 · Revenue $28.95M · 1 analysts
Est. EPS $0.68 · Revenue $29.50M · 1 analysts
Est. EPS $2.60 · Revenue $113.65M · 2 analysts
Est. EPS $0.67 · Revenue $29.50M · 1 analysts
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| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $198.5M | +0.3% | +2.3% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $32.6M | +35.4% | +4.7% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +48.0% | +21.5% | +2.1% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +20.9% | +50.4% | +4.4% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +16.4% | +34.9% | +2.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $43.2M | +215.6% | +20.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +21.7% | +214.6% | +17.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 141.5% | -17.9% | -4.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.19x | -21.3% | -5.2% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $4.1B | +3.2% | +0.5% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.92 vs 2.04 | -5.9% | 0.64 vs 0.63 | +1.6% |
| Revenue Surprise | $198.5M vs $98.8M | +100.9% | $51.1M vs $28.1M | +81.4% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Apr 23, 2026 | GULLING DOUGLAS R | director | COMMON STOCK | A | 1,430 | — |
| Apr 23, 2026 | Vaughan Therese M | director | COMMON STOCK | A | 1,430 | — |
| Apr 23, 2026 | Sorensen John Kevin | director | COMMON STOCK | A | 1,430 | — |
| Apr 23, 2026 | Parson Rosemary | director | COMMON STOCK | A | 1,430 | — |
| Apr 23, 2026 | McMurray Sean Patrick | director | COMMON STOCK | A | 1,430 | — |
Operator : Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to West Bancorporation Second Quarter 2026 Earnings Conference Call. I would now like to turn the conference over to Jane Funk, CFO. Please go ahead. Jane Funk : Thank you. Good afternoon, everyone. I'm Jane Funk, the CFO of West Bancorporation, Inc., and I'd like to welcome the participants on our call today, and thank you for joining us. With me today are Dave Nelson, our CEO; and Harlee Olafson, Chief Risk Officer; Todd Mather, our Central Iowa Market President; and Brad Peters, our Minnesota Group President. During today's conference call, we may make projections or other forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and regarding future events or the future financial performance of the company. We caution that such statements are predictions and that actual results may differ materially. Please see the forward-looking statement disclosure in our 20,262nd quarter earnings release for more information about risks and uncertainties, which may affect us. The information we will provide today is accurate as of June 30, 2026, and we undertake no duty to update the information. With that, I'll turn it over to Dave Nelson. David Nelson : Thank you, Jane, and good afternoon, everyone. Thank you all for joining us. We have a lot of good news to share. I have a few general comments and others will make more detailed comments. We had another very strong quarter. Year-over-year net income increased 37% and we announced an increased dividend, which is now at the highest level ever in our history. All financial metrics are strong. 2026 year-to-date return on average equity is a little over 16% and a strong balance sheet with higher levels of liquidity and capital and credit quality remains pristine with 0 loans past due 30 days. Our Board of Directors has approved an increase to our quarterly dividend to $0.26 per common share payable on August 19 to shareholders of record as of August 5. I'll be available for questions following the comments of others. But now I'd like to turn the call over to our Chief Risk Officer, Mr. Harlee Olafson. Harlee Olafson : Thank you, Dave. As of June 30, 2026, credit quality is very strong at West Bank. As Dave mentioned, we have 0 past dues over 38 days no OREO, no nonaccruals. Our watch list has declined 50% from March 31, 26 and is currently $0.7 million percent of our loan balance. All banks have customers that go through challenging times. Our bankers have done a good job recognizing when problems are likely to occur. We aggressively take action to augment those credits to keep them as a safe asset or have them obtain financing elsewhere or if it is in the best interest of all to sell the business or assets. Many of our creditworthy customers have been cautious …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
David D. Nelson | Chief Executive Officer, President & Director | USD 1,132,405 | Male | 1961 | Active |
Brad Lee Winterbottom | Executive Vice President | USD 656,113 | Male | 1957 | Active |
Bradley Peters | Executive Vice President | USD 656,113 | Male | 1964 | Active |
Harlee N. Olafson | Executive Vice President & Chief Risk Officer | USD 656,113 | Male | 1958 | Active |
Jane Funk | Executive Vice President, Treasurer & Chief Financial Officer | USD 571,156 | Female | 1969 | Active |
Douglas Ray Gulling | Director | USD 40,009 | Male | 1954 | Active |
Melissa L. Gillespie | VP, Corporate Counsel & Corporate Secretary | — | Female | — | Active |
John F. McKinney | VP & General Counsel | — | Male | — | Active |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does West Bancorp (WTBA) have what it takes?
West Bancorporation, Inc. (NASDAQ: WTBA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $25.31 and traded as high as $28.75. West Bancorporation shares last traded at $28.54, with a volume of 124,918 shares changing hands. Analyst Ratings Changes A
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does West Bancorp (WTBA) have what it takes?
West Bancorporation, Inc. (WTBA) Q2 2026 Earnings Call Transcript
West Bancorporation NASDAQ: WTBA reported stronger second-quarter 2026 earnings, higher net interest income and continued solid credit quality, while executives said loan growth remains affected by commercial real estate payoffs and a competitive deposit environment.
