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West Bancorporation, Inc.NasdaqGS:WTBA Stock Report

Market Cap US$430.3m
Share Price
US$24.63
US$25.75
4.3% undervalued intrinsic discount
1Y30.2%
7D1.6%
1D
Portfolio Value
View

West Bancorporation, Inc.

NasdaqGS:WTBA Stock Report

Market Cap: US$430.3m

West Bancorporation (WTBA) Stock Overview

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. More details

WTBA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

WTBA Community Fair Values

Create Narrative

See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

West Bancorporation, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for West Bancorporation
Historical stock prices
Current Share PriceUS$24.63
52 Week HighUS$26.60
52 Week LowUS$17.31
Beta0.73
1 Month Change8.22%
3 Month Change6.07%
1 Year Change30.25%
3 Year Change23.40%
5 Year Change-9.08%
Change since IPO294.18%

Recent News & Updates

Narrative Update Jun 05

WTBA: Future Returns Will Reflect Stable Margins And Essentially Unchanged P E Assumptions

Analysts maintained their $25.75 price target for West Bancorporation, citing essentially unchanged assumptions for fair value, discount rate, revenue growth, profit margin and forward P/E as the basis for this view. What's in the News TELUS, Westbank and the Government of Canada are working together on a proposed Sovereign AI Factory cluster under the federal Enabling Large-Scale Sovereign AI Data Centres initiative, focused on high-performance AI compute infrastructure in British Columbia.
Narrative Update May 18

WTBA: Future Returns Will Reflect Stable Margins And Supportive P/E Multiple

Analysts have maintained their $25.75 price target on West Bancorporation, citing largely unchanged assumptions for fair value, revenue growth, profit margin, and future P/E, along with a slightly adjusted discount rate. What's in the News TELUS is working with the Government of Canada on a proposed Sovereign AI Factory cluster under the federal Enabling Large-Scale Sovereign AI Data Centres initiative, aiming to build high-performance AI compute infrastructure within Canada.
Narrative Update May 04

WTBA: Future Returns Will Reflect Stable Margins Revenue Trends And Modest P/E

Analysts have maintained their $25.75 price target for West Bancorporation, noting only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions, which together support a similar valuation outlook. Valuation Changes Fair Value: $25.75 remains unchanged, indicating no adjustment to the overall valuation estimate.
Analysis Article Apr 26

West Bancorporation, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

West Bancorporation, Inc. ( NASDAQ:WTBA ) last week reported its latest quarterly results, which makes it a good time...

Recent updates

Narrative Update Jun 05

WTBA: Future Returns Will Reflect Stable Margins And Essentially Unchanged P E Assumptions

Analysts maintained their $25.75 price target for West Bancorporation, citing essentially unchanged assumptions for fair value, discount rate, revenue growth, profit margin and forward P/E as the basis for this view. What's in the News TELUS, Westbank and the Government of Canada are working together on a proposed Sovereign AI Factory cluster under the federal Enabling Large-Scale Sovereign AI Data Centres initiative, focused on high-performance AI compute infrastructure in British Columbia.
Narrative Update May 18

WTBA: Future Returns Will Reflect Stable Margins And Supportive P/E Multiple

Analysts have maintained their $25.75 price target on West Bancorporation, citing largely unchanged assumptions for fair value, revenue growth, profit margin, and future P/E, along with a slightly adjusted discount rate. What's in the News TELUS is working with the Government of Canada on a proposed Sovereign AI Factory cluster under the federal Enabling Large-Scale Sovereign AI Data Centres initiative, aiming to build high-performance AI compute infrastructure within Canada.
Narrative Update May 04

WTBA: Future Returns Will Reflect Stable Margins Revenue Trends And Modest P/E

Analysts have maintained their $25.75 price target for West Bancorporation, noting only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions, which together support a similar valuation outlook. Valuation Changes Fair Value: $25.75 remains unchanged, indicating no adjustment to the overall valuation estimate.
Analysis Article Apr 26

West Bancorporation, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

West Bancorporation, Inc. ( NASDAQ:WTBA ) last week reported its latest quarterly results, which makes it a good time...
Narrative Update Apr 19

WTBA: Future Returns Will Rely On Revenue Trends Margins And A Modest P/E

Analysts have revised their price target on West Bancorporation slightly lower from $26.00 to $25.75, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E as key inputs behind the recalibration. Valuation Changes Fair Value: Trimmed slightly from $26.00 to $25.75 per share, a reduction of $0.25.
Narrative Update Apr 05

WTBA: Future Returns Will Depend On Stable Margins And A Modest P/E Assumption

Analysts have maintained their $26.00 price target for West Bancorporation, citing largely unchanged assumptions around fair value, discount rate, growth, margin, and future P/E as the basis for holding this level. Valuation Changes Fair Value: unchanged at $26.00 per share, reflecting the same central estimate used previously.
Narrative Update Mar 22

WTBA: Future Returns Will Rely On Stable Margins And A Slightly Higher P/E

Analysts have kept their price target for West Bancorporation steady at $26, citing largely unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and forward P/E as the basis for this stable view. Valuation Changes Fair Value: unchanged at $26.0 per share, indicating no adjustment to the core valuation estimate.
Narrative Update Mar 08

WTBA: Future Returns Will Depend On Stable Margins And Refined Earnings Multiples

Analysts kept their $26.00 price target for West Bancorporation unchanged, citing only slight adjustments to assumptions such as discount rate, revenue growth, profit margin, and future P/E that did not materially alter their overall view of the stock’s valuation. Valuation Changes Fair Value: Model fair value remains at $26.00, with no change between the prior and updated estimates.
Narrative Update Feb 21

WTBA: Future Returns Will Rely On Stable Margins And Measured Earnings Multiples

Analysts have kept their $26.00 price target for West Bancorporation intact, citing largely unchanged fair value, growth, and margin assumptions, along with a slightly lower future P/E outlook that reflects a more measured view of valuation multiples rather than a shift in the underlying business expectations. Valuation Changes Fair Value: Held steady at $26.00, indicating no change in the central value estimate.
Narrative Update Feb 07

WTBA: Future Returns Will Depend On Margin Discipline And Earnings Quality

Analysts have lifted their price target on West Bancorporation to US$26 from US$25, citing updated assumptions for revenue growth, profit margin, and future P/E that shift their valuation inputs modestly higher. Valuation Changes Fair Value Estimate: Adjusted from US$25.00 to US$26.00, representing a small uplift in the implied share value.
Analysis Article Feb 01

West Bancorporation, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, West Bancorporation, Inc. ( NASDAQ:WTBA ) last week released its latest full-year, and things did...
Narrative Update Jan 24

WTBA: Future Returns Will Depend On Net Interest Margin And Loan Discipline

Analysts have nudged their fair value outlook slightly higher, as the Street price target on West Bancorporation moved up to $24.00 from $20.50, citing stronger Q3 net interest income driven by net interest margin expansion and mid single digit loan growth. Analyst Commentary Bullish Takeaways Bullish analysts point to the 8% upside in pre provision net revenue as a sign that the bank is executing well on its core earnings engine, which they see as supportive of a slightly higher fair value range.
Narrative Update Jan 10

WTBA: Future Returns Will Rely On Durable Net Interest Margin Strength

Analysts have raised their fair value estimate for West Bancorporation from US$24 to US$25, citing recent research that points to solid Q3 performance with 8% PPNR upside supported by stronger net interest income, wider net interest margins, and mid single digit loan growth. Analyst Commentary Bullish Takeaways Bullish analysts point to the 8% PPNR upside in Q3 as evidence that the current earnings power may support a slightly higher valuation range than previously assumed.
Narrative Update Dec 14

WTBA: Future Returns Will Depend On Durable Net Interest Margin And Loan Stability

Analysts have increased their price target on West Bancorporation to $24.00 from $20.50, citing stronger than expected Q3 performance driven by net interest margin expansion and steady loan growth. Analyst Commentary Recent Street research indicates that bullish analysts view the higher price target as a reflection of improved earnings power, supported by stronger net interest income and disciplined loan growth.
Narrative Update Nov 27

WTBA: Future Returns Will Depend On Lasting Net Interest Margin Expansion

Analysts have raised their price target for West Bancorporation from $20.50 to $24.00, citing strong third-quarter results supported by robust net interest margin expansion and mid-single-digit loan growth. Analyst Commentary Bullish Takeaways Bullish analysts highlight a robust third-quarter performance, with results surpassing expectations.
Narrative Update Nov 10

WTBA: Future Performance Will Depend On Sustained Net Interest Margin Strength

Analysts have increased their price target for West Bancorporation from $20.50 to $24.00. This adjustment is based on stronger than expected third-quarter performance, driven by robust net interest income and loan growth.
Narrative Update Oct 27

Midwest Expansion And Digital Efficiency Will Support Future Stability

Narrative Update: Analyst Price Target Raised for West Bancorporation Analysts have increased their price target for West Bancorporation from $20.50 to $24.00. They cite improved profit margins and a slight decrease in the discount rate as key drivers behind this upward revision.
Analysis Article Oct 29

West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25

West Bancorporation, Inc.'s ( NASDAQ:WTBA ) investors are due to receive a payment of $0.25 per share on 20th of...
Analysis Article Oct 27

Earnings Beat: West Bancorporation, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a good week for West Bancorporation, Inc. ( NASDAQ:WTBA ) shareholders, because the company has just released...
User avatar
New Narrative Sep 24

Tactical Growth And Strong Risk Management Propel Bank Into A Bright Future

Exceptional risk management and strong deposit growth enhance liquidity, funding stability, and position the bank for future loan growth and better profitability.
Analysis Article Jul 31

West Bancorporation (NASDAQ:WTBA) Is Paying Out A Dividend Of $0.25

The board of West Bancorporation, Inc. ( NASDAQ:WTBA ) has announced that it will pay a dividend of $0.25 per share on...
Analysis Article Apr 28

West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25

West Bancorporation, Inc. ( NASDAQ:WTBA ) has announced that it will pay a dividend of $0.25 per share on the 22nd of...
Analysis Article Jan 28

West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25

West Bancorporation, Inc.'s ( NASDAQ:WTBA ) investors are due to receive a payment of $0.25 per share on 21st of...
Analysis Article Oct 31

West Bancorporation (NASDAQ:WTBA) Is Due To Pay A Dividend Of $0.25

West Bancorporation, Inc. ( NASDAQ:WTBA ) will pay a dividend of $0.25 on the 22nd of November. This means the annual...

Shareholder Returns

WTBAUS BanksUS Market
7D1.6%3.1%2.2%
1Y30.2%25.8%24.8%

Return vs Industry: WTBA exceeded the US Banks industry which returned 27.1% over the past year.

Return vs Market: WTBA exceeded the US Market which returned 23.5% over the past year.

Price Volatility

Is WTBA's price volatile compared to industry and market?
WTBA volatility
WTBA Average Weekly Movement3.8%
Banks Industry Average Movement3.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: WTBA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WTBA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1893185Dave Nelsonwww.westbankstrong.com

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.

West Bancorporation, Inc. Fundamentals Summary

How do West Bancorporation's earnings and revenue compare to its market cap?
WTBA fundamental statistics
Market capUS$430.30m
Earnings (TTM)US$35.29m
Revenue (TTM)US$99.09m
11.9x
P/E Ratio
1.5x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WTBA income statement (TTM)
RevenueUS$99.09m
Cost of RevenueUS$0
Gross ProfitUS$99.09m
Other ExpensesUS$63.80m
EarningsUS$35.29m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 23, 2026

Earnings per share (EPS)2.07
Gross Margin100.00%
Net Profit Margin35.62%
Debt/Equity Ratio142.3%

How did WTBA perform over the long term?

See historical performance and comparison

Dividends

4.1%
Current Dividend Yield
48%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 19:23
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

West Bancorporation, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
Brendan NosalHovde Group, LLC
Nathan RacePiper Sandler Companies