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NASDAQ · Banks - Regional · USD

West Bancorporation, Inc. (WTBA) Stock Analysis

West Bancorporation, Inc. (WTBA) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

WTBA

$29.37

−$0.05 (−0.17%)

Oct 21, 2026 · Market close

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Price History

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WTBA Key Statistics

As of Oct 21, 2026
Trading
Open
$29.40
Previous Close
$29.42
Day's Range
29.15–29.60
52-Week Range
19.52–30.50
Volume
69.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.70
Valuation
Market Cap
$500.57M
P/E Ratio
13.29
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
10.43
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.84
EPS (ttm)Profit attributable to each share over the last twelve months.
2.21
Financials (FY)
Revenue (FY)
$94.48M+19.40%
Net Income (FY)
$32.56M+35.38%
Profit marginThe share of revenue left as profit after all costs and taxes.
37.13%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
17.04M
1-Year Return
+55.63%
Dividend and dates
Dividend
$1.04+3.53%
Ex-Dividend Date
August 5, 2026
Earnings Date
October 29, 2026
Avg Volume
62.43K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, WTBA closed at $29.37, +55.63% over 1 year.

West Bancorporation, Inc. (WTBA) has a market capitalization of $500.57M.

In fiscal 2025, WTBA reported revenue of $94.48M.

WTBA Stock Return by Calendar Year

West Bancorporation, Inc. (WTBA) 10-year return: what $10,000 became

1 year
$10,000 $15,563
+55.63%
5 years
$10,000 $12,152
+21.52%
10 years
$10,000 $23,060
+130.60%

If you had invested $10,000 in West Bancorporation, Inc. (WTBA) 10 years ago, at the close on October 21, 2016, it would have been worth $23,060 at the close on October 21, 2026: +130.60% in total, +8.71% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+36.28%
2025+7.67%
2024+7.73%
2023−12.38%
2022−14.43%
2021+66.46%
2020−21.18%
2019+39.47%
2018−21.54%
2017+4.94%
2016 (partial year)+31.10%

As of October 21, 2026.

WTBA Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$94.48M$32.56M34.5%
2024$79.13M$24.05M30.4%
2023$79.10M$24.14M30.5%
2022$101.95M$46.40M45.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$94.48M——$32.56M34.5%
2024$79.13M——$24.05M30.4%
2023$79.10M——$24.14M30.5%
2022$101.95M——$46.40M45.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WTBA Dividend History

$1.00+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.763—
2025$1.004+0.0%
2024$1.004+0.0%
2023$1.004+0.0%
YearDividends per sharePaymentsChange
2026 (partial year)$0.763—
2025$1.004+0.0%
2024$1.004+0.0%
2023$1.004+0.0%
2022$1.004+6.4%
2021$0.944+11.9%
2020$0.844+1.2%
2019$0.834+6.4%
2018$0.784+9.9%
2017$0.714+317.6%
2016$0.171—

Most recent payment: $0.25 per share, ex-dividend August 5, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

WTBA Valuation vs Banks - Regional Median

Median of 326 stocks
MetricWTBABanks - Regional medianvs median
P/E13.2912.0310% above
P/S ratio4.843.5835% above
Profit margin37.13%29.44%7.7 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values West Bancorporation, Inc. (WTBA) at $500.57M. It is classified in the Banks - Regional industry, within the Financial Services sector.

WTBA last closed at $29.37 on October 21, 2026. That is −$0.05 (−0.17%) against the previous close. Over the past 52 weeks the price has ranged from $19.52 to $30.50. The latest close sits 50.46% above that 52-week low.

Financial Health

In fiscal 2025, West Bancorporation, Inc. reported revenue of $94.48M. That is +19.40% against the prior fiscal year, when revenue was $79.13M. Net income for the same year was $32.56M. That is +35.38% against the prior fiscal year. Profit margin runs at 37.13%. That is 7.7 percentage points above the Banks - Regional median of 29.44%. Earnings per share on a trailing basis come to 2.21.

Across the 4 fiscal years on file, revenue moves from $101.95M in 2022 to $94.48M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

WTBA trades at a trailing price-to-earnings ratio of 13.29. That is 10.47% above the Banks - Regional median of 12.03. On forward earnings the ratio is 10.43. The price-to-sales ratio is 4.84. On price-to-sales that is 35.32% above the Banks - Regional median of 3.58. The medians here are taken across 326 Banks - Regional companies that report the metric.

Over the trailing twelve months the total return is +55.63%. Measured over 10 years, that is +8.71% a year compounded. The reported beta is 0.7. Daily returns over the trailing 10 years annualize to a volatility of 32.99%.

Growth & Income

Shareholders receive a dividend, yielding 3.53% on the latest price. That is 0.8 percentage points above the Banks - Regional median yield of 2.68%. At the indicated rate that is $1.04 a share a year. The ex-dividend date on file is August 5, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.76 a share. The year before, 2025, totalled $1.00 a share.

2026 is still running; the total return is +36.28% year to date. Across the complete calendar years on file, 2021 returned +66.46% and 2018 returned −21.54%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

West Bancorporation, Inc. (WTBA) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
West Bancorporation, Inc. WTBA $500.57M 13.3
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. West Bancorporation, Inc. trades at a P/E of 13.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About West Bancorporation, Inc.

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. In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

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