Friday 6 November 2026 Export WTBA’s income statement to Excel — free account

West Bancorporation, Inc.

West Bancorporation, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $198.5 million, roughly unchanged from fiscal 2024.

Revenue: +1.00%
EPS: +24.0%
Free cash flow: +44.7%
Total debt: −19.6%

Quarter to September 2026, against a year earlier

Dividend growth 10 yrs

30.71 0.00 0.00%

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Market cap: $523.4M
P/E: 12.9×
Fwd P/E: 11.5×
Dividend yield: 2.46%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	7	7	7	8
ROE Full definition →		13.19%	13.88%	14.71%	15.45%
ROA Full definition →		0.80%	0.88%	0.95%	1.03%
ROIC Full definition →		15.11%	9.87%	13.80%	10.53%
Return on Tangible Assets Full definition →		51.88%	45.06%	39.74%	85.62%
Average Days of Receivables Full definition →		0.00	0.00	0.00	0.00
Free Cash Flow per Share Full definition →		2.55	2.79	2.85	3.13
Free Cash Flow Full definition →		43.15	47.28	48.59	53.40
Capital Expenditures Full definition →		(3.33)	(2.33)	(1.86)	(1.35)
Other line items
Cash ROIC Full definition →		3.88%	4.69%	4.46%	6.23%
Accounts Receivable Turnover Full definition →		0.00	0.00	0.00	0.00
Accounts Payable Turnover Full definition →		0.03	0.03	0.03	0.03
Inventory Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		12,262.13	12,055.83	12,537.49	12,729.64
Days of Inventory on Hand Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		(0.21)	(0.21)	(0.21)	(0.23)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		27.12%	27.11%	27.15%	27.29%
Share Based Compensation of Revenue Full definition →		1.38%	1.38%	1.40%	1.43%
Operating CF/Net income Full definition →		1.43	1.41	1.31	1.35
Depreciation/Fixed assets Full definition →		0.07	0.07	0.07	0.07
Capex/Depreciation Full definition →		(0.44)	(0.31)	(0.24)	(0.18)
Revenue per Share Full definition →		11.73	11.80	11.78	11.81
Operating CF per Share Full definition →		2.75	2.93	2.96	3.21
Capex per Share Full definition →		(0.20)	(0.14)	(0.11)	(0.08)
Capex to Sales Full definition →		0.02	0.01	0.01	0.01

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Columns are period end dates · fundamentals updated 2 Nov 2026

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