West Bancorporation Past Earnings Performance
Past criteria checks 4/6
West Bancorporation's earnings have been declining at an average annual rate of -12.7%, while the Banks industry saw earnings growing at 3% annually. Revenues have been declining at an average rate of 3.5% per year. West Bancorporation's return on equity is 13%, and it has net margins of 35.6%.
Key information
-12.71%
Earnings growth rate
-13.28%
EPS growth rate
| Banks Industry Growth | 11.18% |
| Revenue growth rate | -3.52% |
| Return on equity | 13.03% |
| Net Margin | 35.62% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
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...
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...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How West Bancorporation makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 99 | 35 | 46 | 0 |
| 31 Dec 25 | 95 | 33 | 46 | 0 |
| 30 Sep 25 | 92 | 32 | 46 | 0 |
| 30 Jun 25 | 87 | 29 | 45 | 0 |
| 31 Mar 25 | 83 | 26 | 44 | 0 |
| 31 Dec 24 | 79 | 24 | 43 | 0 |
| 30 Sep 24 | 77 | 21 | 42 | 0 |
| 30 Jun 24 | 76 | 21 | 41 | 0 |
| 31 Mar 24 | 76 | 22 | 41 | 0 |
| 31 Dec 23 | 78 | 24 | 40 | 0 |
| 30 Sep 23 | 83 | 29 | 41 | 0 |
| 30 Jun 23 | 90 | 34 | 41 | 0 |
| 31 Mar 23 | 98 | 41 | 40 | 0 |
| 31 Dec 22 | 104 | 46 | 37 | 0 |
| 30 Sep 22 | 108 | 49 | 38 | 0 |
| 30 Jun 22 | 109 | 50 | 36 | 0 |
| 31 Mar 22 | 108 | 51 | 35 | 0 |
| 31 Dec 21 | 106 | 50 | 34 | 0 |
| 30 Sep 21 | 100 | 46 | 33 | 0 |
| 30 Jun 21 | 93 | 42 | 32 | 0 |
| 31 Mar 21 | 86 | 36 | 32 | 0 |
| 31 Dec 20 | 80 | 33 | 31 | 0 |
| 30 Sep 20 | 79 | 32 | 32 | 0 |
| 30 Jun 20 | 78 | 31 | 32 | 0 |
| 31 Mar 20 | 76 | 30 | 33 | 0 |
| 31 Dec 19 | 74 | 29 | 31 | 0 |
| 30 Sep 19 | 73 | 28 | 32 | 0 |
| 30 Jun 19 | 72 | 28 | 31 | 0 |
| 31 Mar 19 | 71 | 28 | 30 | 0 |
| 31 Dec 18 | 70 | 29 | 28 | 0 |
| 30 Sep 18 | 70 | 25 | 29 | 0 |
| 30 Jun 18 | 70 | 25 | 28 | 0 |
| 31 Mar 18 | 70 | 24 | 28 | 0 |
| 31 Dec 17 | 69 | 23 | 27 | 0 |
| 30 Sep 17 | 67 | 25 | 27 | 0 |
| 30 Jun 17 | 66 | 24 | 27 | 0 |
| 31 Mar 17 | 64 | 23 | 26 | 0 |
| 31 Dec 16 | 64 | 23 | 26 | 0 |
| 30 Sep 16 | 64 | 23 | 26 | 0 |
| 30 Jun 16 | 63 | 23 | 26 | 0 |
| 31 Mar 16 | 62 | 22 | 25 | 0 |
| 31 Dec 15 | 62 | 22 | 25 | 0 |
| 30 Sep 15 | 61 | 22 | 25 | 0 |
| 30 Jun 15 | 60 | 21 | 25 | 0 |
Quality Earnings: WTBA has high quality earnings.
Growing Profit Margin: WTBA's current net profit margins (35.6%) are higher than last year (31.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WTBA's earnings have declined by 12.7% per year over the past 5 years.
Accelerating Growth: WTBA's earnings growth over the past year (35.3%) exceeds its 5-year average (-12.7% per year).
Earnings vs Industry: WTBA earnings growth over the past year (35.3%) exceeded the Banks industry 23.2%.
Return on Equity
High ROE: WTBA's Return on Equity (13%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 12:55 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Brendan Nosal | Hovde Group, LLC |
| Nathan Race | Piper Sandler Companies |