West Bancorporation
Description
West Bancorporation, Inc. operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers online and mobile banking, treasury management services including cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services; merchant credit card processing and corporate credit cards; and administration of estates, conservatorships, personal trusts, and agency accounts. The company was founded in 1893 and is headquartered in West Des Moines, Iowa.
About
CEO
Mr. David D. Nelson
Employees
181
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNGS
Address
3330 Westown Parkway, West Des Moines, IA 50266, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 21, 2026 | — | — | — | — |
| Oct 22, 2025 | — | — | — | — |
| Jul 23, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Jan 23, 2025 | 0.40 | 0.49 | 0.09 | 22.50% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 1 | 1 | 1 | 1 |
| Average estimate | 0.38 | 0.39 | 1.65 | 1.95 |
| Low estimate | 0.38 | 0.39 | 1.65 | 1.95 |
| High estimate | 0.38 | 0.39 | 1.65 | 1.95 |
| Last year EPS | 0.35 | 0.31 | 1.48 | 1.65 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
8.570%
Next qtr. (Jun 2025)
25.810%
Current year (Dec 2025)
11.440%
Next year (Dec 2026)
18.180%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 78.48M | 101.41M | 104.20M | 91.97M | 74.75M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 30.66M | 28.61M | 26.54M | 27.98M | 25.75M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 29.79M | 59.40M | 62.91M | 41.38M | 35.74M |
| Tax provision | 5.65M | 13.00M | 13.30M | 8.67M | 7.05M |
| Net income | 24.14M | 46.40M | 49.61M | 32.71M | 28.69M |
| Basic EPS | 1.44 | 2.79 | 3.00 | 1.99 | 1.75 |
| Diluted EPS | 1.44 | 2.76 | 2.96 | 1.98 | 1.74 |
| Basic average shares | 16.76M | 16.63M | 16.54M | 16.47M | 16.38M |
| Diluted average shares | 16.76M | 16.63M | 16.54M | 16.47M | 16.38M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 24.14M | 46.40M | 49.61M | 32.71M | 28.69M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | 33.25M | 24.90M | 17.56M | 77.69M | 37.81M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 65.36M | 26.54M | 192.83M | 77.69M | 37.81M |
| Other short term investments | 623.92M | 664.12M | 758.82M | 420.57M | 398.58M |
| Accounts receivable | 13.58M | 11.99M | 8.89M | 11.23M | 7.13M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 3.23M | 4.49M | 5.73M | 7.46M | 8.87M |
| Land and improvements | 11.05M | 10.45M | 6.12M | 5.43M | 4.18M |
| Machinery furniture equipment | 11.88M | 9.44M | 9.09M | 8.81M | 8.59M |
| Construction in progress | — | — | — | — | — |
| Leases | 3.56M | 3.58M | 3.68M | 4.00M | 3.96M |
| Accumulated depreciation | -13.01M | -12.01M | -11.48M | -10.90M | -9.76M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 623.92M | 664.12M | 758.82M | 420.57M | 398.58M |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | — | — | — | — | — |
| Accrued expenses | — | 35.84M | 24.00M | 38.67M | 21.73M |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 442.37M | 285.86M | 196.99M | 217.01M | 222.73M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Retained earnings | 271.37M | 267.56M | 237.78M | 203.72M | 184.82M |
| Other shareholders equity | -83.52M | -91.47M | -10.64M | -11.85M | -3.26M |
| Total shareholders equity | 225.04M | 211.11M | 260.33M | 223.70M | 211.82M |
| Additional paid in capital | 34.20M | 32.02M | 30.18M | 28.82M | 27.26M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||
| Net Income | 24.14M | 46.40M | 49.61M | 32.71M | 28.69M | 28.51M | 23.07M | 23.02M | 21.74M | 20.04M | 16.89M | 16.01M | 15.27M | 13.38M | -14.62M | 7.64M | 18.92M | 19.41M | 17.28M | 16.38M | 15.74M |
| Depreciation | 1.86M | 1.50M | 1.50M | 1.50M | 1.43M | 1.41M | 1.35M | 1.05M | 921,000 | 853,000 | 786,000 | 697,000 | 612,000 | 582,000 | 1.49M | 1.21M | 2.35M | 1.31M | 2.09M | 742,135 | 253,021 |
| Deferred Taxes | 447,000 | 1.58M | 82,000 | -3.03M | -33,000 | -359,000 | 2.83M | 89,000 | 82,000 | 535,000 | 1.15M | 639,000 | 731,000 | 639,000 | -7.26M | -3.14M | 2,000 | 131,000 | -265,517 | -20,179 | -145,943 |
| Stock-Based Compensation | 3.11M | 3.36M | 2.57M | 2.31M | 2.99M | 2.74M | 2.63M | 1.68M | 1.17M | 633,000 | 378,000 | 118,000 | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -1.74M | -964,000 | -923,000 | -593,000 | -644,000 | -631,000 | -959,000 | -1.09M | 113,000 | 1.92M | 1.57M | 1.76M | 207,000 | -4.01M | -1.46M | -325,000 | 1.46M | 868,000 | 1.16M | 1.07M | 768,500 |
| Accounts Receivable | -1.59M | -3.10M | 2.34M | -4.10M | 497,000 | -287,000 | -2.02M | -633,000 | -263,000 | -418,000 | -355,000 | 531,000 | 776,000 | 543,000 | 913,000 | 1.41M | — | — | — | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -2.79M | 1.01M | 2.12M | -490,000 | -1.03M | -2.49M | 131,000 | -85,000 | 2.95M | -448,000 | 580,000 | -116,000 | 3.07M | 5.67M | -9.03M | 3.73M | — | — | — | — | — |
| Operating Cash Flow | 23.43M | 49.78M | 57.30M | 28.32M | 31.90M | 28.89M | 27.03M | 24.03M | 26.71M | 23.12M | 21.00M | 19.64M | 20.66M | 16.81M | -29.97M | 10.53M | 22.73M | 21.71M | 20.27M | 18.17M | 16.61M |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -36.39M | -21.31M | -8.74M | -2.32M | -444,000 | -210,000 | -1.06M | -12.80M | -2.50M | -2.29M | -2.20M | -1.04M | -930,000 | -359,000 | -1.35M | -537,000 | -740,000 | -541,000 | -180,406 | -447,955 | -240,939 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | -120.08M | -481.14M | -232.41M | -180.17M | -96.17M | -341.01M | -3.50M | -116.82M | -67.77M | -143.38M | -98.19M | -109.32M | -214.71M | -352.80M | -77.27M | -15.49M | -22.18M | -164.17M | -184.68M | -151.01M |
| Sale of Investments | 53.66M | 79.96M | 126.11M | 215.88M | 245.45M | 121.34M | 156.37M | 61.41M | 66.61M | 93.03M | 74.20M | 87.61M | 84.73M | 299.73M | 192.96M | 117.13M | 40.90M | 35.75M | 119.22M | 162.07M | 256.75M |
| Investing Cash Flow | 16.11M | -70.80M | -362.02M | -25.28M | 64.39M | 22.10M | -183.65M | 47.60M | -46.49M | 14.75M | -71.44M | -10.48M | -24.48M | 85.54M | -156.11M | 37.10M | -58.94M | -29.40M | -72.82M | -18.18M | 111.88M |
| Financing Activities | |||||||||||||||||||||
| Long-Term Debt Issuance | 160.00M | 88.76M | 34.50M | — | 40.00M | 71.49M | 22.00M | — | — | — | 16.00M | 80.00M | — | — | — | 75.00M | 30.00M | 50.00M | 21.55M | 3.60M | 10.00M |
| Long-Term Debt Payments | -3.75M | -35,000 | -54.54M | -6.37M | -4.12M | -7.36M | -29.21M | -3.29M | -4.26M | -3.26M | -830,000 | -91.15M | — | -20.00M | — | -53.00M | -12.40M | -41.90M | -5.42M | — | -56.29M |
| Other Financing Charges | — | — | — | -749,000 | -861,000 | -1.08M | -631,000 | 105,000 | -541,000 | 116,000 | 16,000 | -11.15M | — | — | -65,000 | — | -35,000 | -5,000 | — | — | — |
| Financing Cash Flow | 138.61M | 70.58M | -36.79M | -21.68M | 20.59M | 49.28M | -19.97M | -33.38M | -61.98M | 54.83M | -7.60M | -28.57M | -42.99M | -22.31M | -963,000 | 43.65M | 64.67M | 18.93M | -33.43M | 12.33M | -53.53M |
| Other Cash Details | |||||||||||||||||||||
| End Cash Position | 65.36M | 26.54M | 192.83M | 396.44M | 53.29M | 47.47M | 47.95M | 76.84M | 72.65M | 39.78M | 42.43M | 171.47M | 87.10M | 87.95M | 131.50M | 196.97M | 49.94M | 35.68M | 82.07M | 181.21M | 128.45M |
| Income Tax Paid | 5.72M | 10.63M | 13.38M | 11.19M | 5.88M | 7.31M | 9.30M | 7.87M | 6.70M | 7.05M | 6.76M | 4.68M | 4.78M | 2.04M | — | — | — | — | — | — | — |
| Interest Paid | 87.85M | 28.87M | 12.64M | 18.53M | 31.49M | 22.15M | 12.52M | 7.94M | 6.07M | 6.17M | 7.10M | 9.73M | 12.38M | 19.58M | — | — | — | — | — | — | — |
| Free Cash Flow | -11.14M | 38.13M | 49.14M | 39.97M | 35.92M | 34.53M | 28.30M | 17.50M | 28.70M | 20.99M | 21.19M | 23.25M | 25.05M | 24.72M | 16.26M | 27.49M | 23.18M | 24.50M | 17.27M | 16.80M | 18.91M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Fidelity Low-Priced Stock Fund | Oct 31, 2024 | 610,290 | 13.48M | 3.63% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 505,113 | 11.15M | 3.00% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 449,785 | 9.93M | 2.67% |
| ETF Series Solutions-Opus Small Cap Value Plus ETF | Oct 31, 2024 | 267,689 | 5.91M | 1.59% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 246,022 | 5.43M | 1.46% |
| Fidelity Series Intrinsic Opportunities Fund | Oct 31, 2024 | 164,600 | 3.63M | 0.98% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 163,999 | 3.62M | 0.97% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 163,910 | 3.62M | 0.97% |
| Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund | Nov 30, 2024 | 128,100 | 2.83M | 0.76% |
| DFA U.S. Targeted Value Portfolio | Oct 31, 2024 | 114,387 | 2.53M | 0.68% |
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