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Stocks · Financials · State Commercial Banks

WEST BANCORPORATION INC

WTBA Clue Score46
United States Fiscal year ends December CIK 0001166928
$28.37 -1.42% Close, 9 Oct 2026
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Price $28.37 −7.62% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income23.0EPS, diluted1.42Fiscal year 2017Net income23.1 +0.2%EPS, diluted1.41 −0.7%Fiscal year 2018Net income28.5 +23.6%EPS, diluted1.74 +23.4%Fiscal year 2019Net income28.7 +0.6%EPS, diluted1.74 +0.0%Fiscal year 2020Net income32.7 +14.0%EPS, diluted1.98 +13.8%Fiscal year 2021Net income49.6 +51.6%EPS, diluted2.95 +49.0%Fiscal year 2022Net income46.4 −6.5%EPS, diluted2.76 −6.4%Fiscal year 2023Net income24.1 −48.0%EPS, diluted1.44 −47.8%Fiscal year 2024Net income24.1 −0.4%EPS, diluted1.42 −1.4%Fiscal year 2025Net income32.6 +35.4%EPS, diluted1.92 +35.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 23.0 23.1 28.5 28.7 32.7 49.6 46.4 24.1 24.1 32.6
Growth +0.2% +23.6% +0.6% +14.0% +51.6% −6.5% −48.0% −0.4% +35.4%
EPS, diluted 1.42 1.41 1.74 1.74 1.98 2.95 2.76 1.44 1.42 1.92
Growth −0.7% +23.4% +0.0% +13.8% +49.0% −6.4% −47.8% −1.4% +35.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow30.3Capital expenditure−12.8Free cash flow17.5Dividends paid−10.8Fiscal year 2017Operating cash flow29.4Capital expenditure−1.1Free cash flow28.3 +61.8%Dividends paid−11.5Fiscal year 2018Operating cash flow34.7Capital expenditure−0.2Free cash flow34.5 +22.0%Dividends paid−12.7Fiscal year 2019Operating cash flow37.0Capital expenditure−1.0Free cash flow35.9 +4.0%Dividends paid−13.6Fiscal year 2020Operating cash flow42.3Capital expenditure−2.3Free cash flow40.0 +11.3%Dividends paid−13.8Fiscal year 2021Operating cash flow57.9Capital expenditure−8.7Free cash flow49.1 +22.9%Dividends paid−15.5Fiscal year 2022Operating cash flow59.4Capital expenditure−21.3Free cash flow38.1 −22.4%Dividends paid−16.6Fiscal year 2023Operating cash flow25.2Capital expenditure−36.4Free cash flow−11.1 −129.2%Dividends paid−16.7Fiscal year 2024Operating cash flow39.8Capital expenditure−26.1Free cash flow13.7Dividends paid−16.8Fiscal year 2025Operating cash flow46.5Capital expenditure−3.3Free cash flow43.2 +215.6%Dividends paid−16.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 30.3 29.4 34.7 37.0 42.3 57.9 59.4 25.2 39.8 46.5
Capital expenditure −12.8 −1.1 −0.2 −1.0 −2.3 −8.7 −21.3 −36.4 −26.1 −3.3
Free cash flow 17.5 28.3 34.5 35.9 40.0 49.1 38.1 −11.1 13.7 43.2
Growth +61.8% +22.0% +4.0% +11.3% +22.9% −22.4% −129.2% +215.6%
Dividends paid −10.8 −11.5 −12.7 −13.6 −13.8 −15.5 −16.6 −16.7 −16.8 −16.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Total debt5.1Shareholders’ equity165.4Debt to equity0.03Fiscal year 2017Total debt22.9Shareholders’ equity178.1Debt to equity0.13Fiscal year 2018Total debt27.0Shareholders’ equity191.0Debt to equity0.14Fiscal year 2019Cash53.3Total debt22.9Net cash (debt)30.4Shareholders’ equity211.8Debt to equity0.11Fiscal year 2020Cash396.4Total debt21.6Net cash (debt)374.9Shareholders’ equity223.7Debt to equity0.10Fiscal year 2021Cash192.8Total debt51.5Net cash (debt)141.3Shareholders’ equity260.3Debt to equity0.20Fiscal year 2022Cash26.5Shareholders’ equity211.1Fiscal year 2023Cash65.4Shareholders’ equity225.0Fiscal year 2024Cash243.5Shareholders’ equity227.9Fiscal year 2025Cash471.1Shareholders’ equity266.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a n/a n/a 53.3 396.4 192.8 26.5 65.4 243.5 471.1
Total debt 5.1 22.9 27.0 22.9 21.6 51.5 n/a n/a n/a n/a
Net cash (debt) n/a n/a n/a 30.4 374.9 141.3 n/a n/a n/a n/a
Shareholders’ equity 165.4 178.1 191.0 211.8 223.7 260.3 211.1 225.0 227.9 266.0
Debt to equity 0.03 0.13 0.14 0.11 0.10 0.20 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
30.3 29.4 34.7 37.0 42.3 57.9 59.4 25.2 39.8 46.5
Growth −3.1% +18.3% +6.4% +14.4% +36.9% +2.7% −57.5% +57.7% +16.8%
Investment
−12.8 −1.1 −0.2 −1.0 −2.3 −8.7 −21.3 −36.4 −26.1 −3.3
calc 17.5 28.3 34.5 35.9 40.0 49.1 38.1 −11.1 13.7 43.2
Growth +61.8% +22.0% +4.0% +11.3% +22.9% −22.4% −129.2% +215.6%
calc 1.08 1.73 2.11 2.18 2.42 2.93 2.27 −0.66 0.81 2.54
n/a −294.0 −188.7 −155.5 −367.2 −537.2 −357.8 −168.7 −27.3 93.3
Financing
n/a 235.7 153.5 124.3 668.0 275.7 132.1 182.3 165.7 87.8
−10.8 −11.5 −12.7 −13.6 −13.8 −15.5 −16.6 −16.7 −16.8 −16.9

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.