West Bancorporation (WTBA)

From the record

West Bancorporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

West Bancorporation's 10 filed years say what it did: revenue went from $65 million in fiscal 2016 to $192 million in fiscal 2025, up 12.8% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, West Bancorporation's diluted share count grew about 0.4% a year, and dividends and buybacks returned about 45% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, West Bancorporation earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 94 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

From the record

West Bancorporation's standing among 155 graded names in its industry family: revenue of $192 million in fiscal 2025 ranks in the bottom 35% by size; a net margin of 16.9% ranks in the bottom 26%; revenue growth of 15.9% a year over the last 3 filed years ranks in the bottom 39% (its annual reports).

From the record

West Bancorporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Nelson, David D (CEO & PRESIDENT, as filed), filing under that title since 2010-04-05, 16.6 years (top 13% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 14.5 years (top 5%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

West Bancorporation's room to grow, from the newest filed statements (fiscal 2025): cash of $471 million against no long-term debt tagged leaves 11.4% of its assets as net cash, top 8% of its family; cash from operations less capital spending is 22.4% of revenue (bottom 44%) (its annual report).

From the record

West Bancorporation's growth drivers, from the filed years to fiscal 2025: revenue grew 15.9% a year over the last three filed years against 12.8% over all 10, speeding up (bottom 41% of its family); the newest year grew 1.1% (bottom 28%); capital spending grew -46.2% a year (bottom 2%) (its annual reports). West Bancorporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

West Bancorporation's newest year against its own record: revenue of $192 million in fiscal 2025 came in 18.5% below the $236 million its prior three years' pace pointed to (bottom 37% of its family); net income of $33 million against a prior three-year average of $32 million (bottom 32%); a net margin of 16.9% against 21.8% before (bottom 38%) (its annual reports).