WTBA
WEST BANCORPORATION INC
NASDAQ · Financial Services · Banks - Regional · US
$31.13
+1.93%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 201.3M | 198.5M | 197.8M | 169.7M | 133.6M |
| Cost of Revenue | 93.8M | 103.2M | 119.7M | 92.0M | 29.1M |
| Gross Profit | 107.5M | 95.2M | 78.1M | 77.8M | 104.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 35.0M | 37.6M | 31.9M | 30.7M | 27.6M |
| General & Admin Expense | 34.7M | 37.6M | 31.8M | 30.5M | 27.6M |
| Selling & Marketing Expense | 269.0K | — | 97.0K | 163.0K | — |
| Other Expenses | 20.0M | 16.3M | 18.8M | 17.3M | 17.4M |
| Total Operating Expenses | 55.0M | 53.8M | 50.7M | 48.0M | 45.1M |
| Cost and Expenses | 148.7M | 157.1M | 170.4M | 140.0M | 74.2M |
| Operating Income (EBIT) | 52.5M | 41.4M | 27.4M | 29.8M | 59.4M |
| Non-Operating | |||||
| Interest Income | 194.3M | 192.2M | 190.1M | 160.3M | 123.3M |
| Interest Expense | 93.8M | 103.2M | 118.7M | 91.3M | 31.6M |
| Net Interest Income | 100.5M | 89.0M | 71.4M | 69.0M | 91.7M |
| Other Non-Op Income/Expense | 33.0K | — | — | — | — |
| Non-Operating Income (excl Interest) | (33.0K) | — | — | — | — |
| EBT (Pre-Tax Income) | 52.6M | 41.4M | 27.4M | 29.8M | 59.4M |
| Income Tax Expense | 11.9M | 8.9M | 3.4M | 5.6M | 13.0M |
| Bottom Line | |||||
| Net Income | 40.7M | 32.6M | 24.1M | 24.1M | 46.4M |
| Earnings from Cont. Ops | 40.7M | 32.6M | 24.1M | 24.1M | 46.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 40.7M | 32.6M | 24.1M | 24.1M | 46.4M |
| Per Share | |||||
| Basic EPS | $2.40 | $1.92 | $1.43 | $1.44 | $2.79 |
| Diluted EPS | $2.37 | $1.92 | $1.42 | $1.44 | $2.76 |
| Revenue Per Share | $11.88 | $11.72 | $11.75 | $10.13 | $8.04 |
| Shares | |||||
| Basic Shares Outstanding | 16.9M | 16.9M | 16.8M | 16.8M | 16.6M |
| Diluted Shares Outstanding | 17.0M | 17.0M | 16.9M | 16.8M | 16.8M |
| Profitability Metrics | |||||
| EBITDA | 58.3M | 49.0M | 34.4M | 34.9M | 63.9M |
| D&A | 5.7M | 7.6M | 6.9M | 5.1M | 4.5M |
| EBIT | 52.6M | 41.4M | 27.4M | 29.8M | 59.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026