WTBA - West Bancorporation Inc Stock Price, Fair Value and News

16.61USD-0.23 (-1.37%)Market Closed

Market Summary

USD16.61-0.23

Market Closed

-1.37%

WTBA Stock Price

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WTBA RSI Chart

WTBA Valuation

Market Cap

284.3M

Price/Earnings (Trailing)

12.86

Price/Sales (Trailing)

1.7

EV/EBITDA

1.65

Price/Free Cashflow

-26.63

WTBA Price/Sales (Trailing)

WTBA Profitability

EBT Margin

16.33%

Return on Equity

9.88%

Return on Assets

0.56%

Free Cashflow Yield

-3.75%

WTBA Fundamentals

WTBA Revenue

Revenue (TTM)

167.7M

Rev. Growth (Yr)

19.88%

Rev. Growth (Qtr)

4.42%

WTBA Earnings

Earnings (TTM)

22.1M

Earnings Growth (Yr)

-25.94%

Earnings Growth (Qtr)

28.38%

Breaking Down WTBA Revenue

Last 7 days

2.2%

Last 30 days

-1.2%

Last 90 days

-15.7%

Trailing 12 Months

-2.1%

How does WTBA drawdown profile look like?

WTBA Financial Health

Debt/Equity

0.1

Debt/Cashflow

1.26

WTBA Investor Care

Dividend Yield

5.91%

Dividend/Share (TTM)

Shares Dilution (1Y)

0.61%

Diluted EPS (TTM)

1.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	167.7M	0	0	0
2023	133.4M	143.9M	152.8M	160.3M
2022	108.1M	111.2M	115.8M	123.3M
2021	101.3M	102.5M	105.4M	107.3M
2020	100.2M	100.6M	99.6M	100.2M
2019	88.7M	92.5M	96.2M	98.7M
2018	76.0M	78.3M	81.7M	84.8M
2017	66.3M	68.2M	70.1M	73.0M
2016	61.1M	62.5M	64.1M	65.0M
2015	56.5M	57.6M	58.9M	60.1M
2014	53.5M	53.9M	54.3M	55.3M
2013	50.5M	50.9M	51.8M	52.7M
2012	52.5M	52.0M	51.2M	50.7M
2011	58.9M	56.6M	54.7M	53.3M
2010	0	65.5M	63.3M	61.1M
2009	0	0	0	67.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of West Bancorporation Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	nelson david d	gifted	-	-	9,946	ceo & president
Apr 02, 2024	nelson david d	gifted	-	-	-9,946	ceo & president
Mar 25, 2024	olafson harlee	sold (taxes)	-139,587	17.1	-8,163	chief risk officer
Mar 25, 2024	gulling douglas r	sold (taxes)	-145,589	17.1	-8,514	-
Mar 25, 2024	winterbottom brad l	sold (taxes)	-139,587	17.1	-8,163	executive vice president
Mar 25, 2024	funk jane m	sold (taxes)	-43,434	17.1	-2,540	cfo
Mar 25, 2024	nelson david d	sold (taxes)	-141,143	17.1	-8,254	ceo & president
Mar 25, 2024	peters bradley p	sold (taxes)	-49,077	17.1	-2,870	executive vice president
Feb 21, 2024	nelson david d	bought	13,513	17.55	770	ceo & president
Feb 21, 2024	nelson david d	bought	21,709	17.55	1,237	ceo & president

Which funds bought or sold WTBA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-63.46	-22,000	10,000	-%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-31,678	167,602	-%
Apr 23, 2024	Global Retirement Partners, LLC	added	1.29	-313	4,193	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	41,794	181,196	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-1,000	2,000	-%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	added	1.12	-39,958	227,226	-%
Apr 11, 2024	City State Bank	reduced	-8.14	-41,000	141,000	0.06%
Apr 10, 2024	LexAurum Advisors, LLC	added	3.24	-77,021	507,758	0.13%
Apr 09, 2024	Foster Group, Inc.	unchanged	-	46,766	548,576	0.03%
Apr 05, 2024	CWM, LLC	added	33.33	-	-	-%

Are Funds Buying or Selling WTBA?

Are funds buying WTBA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WTBA

No. of Funds

Unveiling West Bancorporation Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.3%	1,226,891	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 01, 2023	blackrock inc.	6.1%	1,013,185	SC 13G/A
Feb 03, 2022	blackrock inc.	6.2%	1,022,682	SC 13G/A
Feb 01, 2021	blackrock inc.	6.8%	1,125,669	SC 13G/A
Feb 06, 2020	blackrock inc.	6.7%	1,105,162	SC 13G/A

Recent SEC filings of West Bancorporation Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 05, 2024	ARS	ARS

Peers (Alternatives to West Bancorporation Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.9B	171.1B	-1.23%	42.96%	11.24	3.25	60.72%	31.52%
BAC	298.3B	130.3B	2.16%	33.23%	11.25	2.29	79.51%	-3.68%
WFC	214.2B	85.7B	5.65%	51.75%	11.19	2.5	41.49%	39.96%
C	118.1B	133.3B	0.19%	33.28%	12.8	0.89	79.09%	-
CFG	16.1B	10.2B	0.49%	19.99%	9.98	1.57	44.53%	-22.43%
KEY	13.6B	7.9B	-2.99%	38.35%	14.11	1.72	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	0.27%	28.36%	7.84	1.65	56.25%	-23.46%
ZION	6.1B	3.9B	0.15%	56.31%	8.99	1.55	45.91%	-25.03%
ABCB	3.3B	1.3B	1.98%	45.44%	12.18	2.56	43.24%	-22.35%
ASB	3.2B	2.0B	4.09%	22.34%	17.64	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	405.4M	164.9M	-2.75%	45.78%	34.66	2.46	42.66%	-70.76%
AROW	375.4M	162.6M	-6.28%	5.24%	12.48	2.31	25.39%	-38.37%
ACNB	283.5M	96.6M	-5.74%	8.07%	8.95	2.93	11.02%	-11.37%
ASRV	48.0M	60.9M	1.82%	-1.75%	-14.35	0.79	24.06%	-144.92%

West Bancorporation Inc News

Latest updates

West Bancorporation Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.4%	45.00	43.00	41.00	39.00	37.00	35.00	32.00	29.00	27.00	28.00	27.00	26.00	26.00	26.00	25.00	25.00	25.00	25.00	26.00	24.00	24.00
EBITDA Margin	-8.5%	0.57*	0.63*	0.72*	0.86*	1.06*	1.24*	1.38*	1.47*	1.50*	1.49*	1.45*	1.40*	1.33*	-	-	-	-	-	-	-	-
Interest Expenses	2.4%	17.00	16.00	17.00	17.00	19.00	21.00	23.00	24.00	24.00	25.00	24.00	23.00	23.00	22.00	21.00	21.00	18.00	17.00	17.00	16.00	16.00
Income Taxes	27.9%	1.00	1.00	1.00	1.00	2.00	2.00	3.00	4.00	3.00	3.00	3.00	4.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Earnings Before Taxes	28.3%	7.00	6.00	7.00	7.00	10.00	11.00	15.00	17.00	16.00	15.00	16.00	17.00	15.00	11.00	10.00	10.00	10.00	10.00	9.00	8.00	8.00
EBT Margin	-12.1%	0.16*	0.19*	0.23*	0.30*	0.39*	0.48*	0.55*	0.58*	0.60*	0.59*	0.56*	0.51*	0.45*	-	-	-	-	-	-	-	-
Net Income	28.4%	6.00	5.00	6.00	6.00	8.00	9.00	12.00	13.00	13.00	12.00	13.00	13.00	12.00	9.00	8.00	8.00	8.00	8.00	8.00	7.00	7.00
Net Income Margin	-12.5%	0.13*	0.15*	0.19*	0.24*	0.31*	0.38*	0.43*	0.45*	0.47*	0.46*	0.44*	0.41*	0.36*	-	-	-	-	-	-	-	-
Free Cashflow	6.2%	-4.21	-4.48	-1.92	-0.07	-4.67	1.00	12.00	17.00	9.00	13.00	11.00	11.00	14.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.6%	3,963	3,826	3,702	3,679	3,625	3,613	3,518	3,475	3,547	3,500	3,250	3,269	3,173	3,186	2,776	2,740	2,520	2,474	2,457	2,363	2,312
Cash Equivalents	126.5%	148	65.00	21.00	32.00	22.00	27.00	59.00	27.00	144	193	32.00	271	325	396	-	-	-	53.00	-	-	-
Net PPE	11.0%	96.00	86.00	76.00	67.00	60.00	53.00	45.00	42.00	41.00	35.00	33.00	31.00	29.00	29.00	28.00	29.00	29.00	30.00	30.00	30.00	31.00
Liabilities	3.8%	3,739	3,601	3,498	3,461	3,408	3,402	3,319	3,259	3,311	3,240	2,997	3,022	2,938	2,962	2,561	2,532	2,319	2,262	2,253	2,161	2,116
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23.00	23.00	23.00	25.00
Shareholder's Equity	-0.6%	224	225	204	217	217	211	199	216	236	260	252	247	235	224	215	209	201	212	204	202	196
Retained Earnings	0.6%	273	271	271	269	268	268	263	255	247	238	230	221	212	204	199	194	189	185	181	177	173
Additional Paid-In Capital	-1.5%	34.00	34.00	33.00	33.00	32.00	32.00	31.00	30.00	29.00	30.00	30.00	29.00	28.00	29.00	28.00	28.00	27.00	27.00	26.00	26.00	25.00
Shares Outstanding	0.5%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	295	-	-	-	390	-	-	-	442	-	-	-	278	-	-	-	337	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-15.0%	6,121	7,205	7,780	7,770	2,494	10,518	15,276	18,126	15,519	15,444	13,926	13,459	15,049	11,223	7,532	13,118	10,412	9,664	10,690	9,968	6,645
Share Based Compensation	-19.0%	575	710	845	845	711	869	869	862	757	647	648	645	633	596	595	609	512	785	784	793	631
Cashflow From Investing	11.9%	-56,424	-64,048	-45,035	-45,867	-13,733	-122,271	-30,534	-74,263	-130,763	-127,564	-193,083	-156,260	-60,304	-83,758	-86,911	-168,358	-28,136	-96,266	-55,775	-1,483	-1,975
Cashflow From Financing	30.9%	132,963	101,579	26,132	47,361	7,180	78,901	47,709	-61,178	66,674	272,476	-59,197	88,135	-25,691	403,127	28,553	205,512	30,831	10,605	81,808	36,540	-4,605
Dividend Payments	0%	4,181	4,181	4,182	4,181	4,160	4,160	4,160	4,160	4,139	3,973	3,974	3,973	3,623	3,458	3,459	3,458	3,440	3,440	3,439	3,440	3,259

WTBA Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans, including fees	$ 142,923	$ 107,095	$ 95,585
Securities:
Taxable	13,696	12,524	8,542
Tax-exempt	3,517	3,527	2,861
Interest-bearing deposits	169	203	292
Total interest income	160,305	123,349	107,280
Interest expense:
Deposits	66,796	22,629	7,948
Federal funds purchased and other short-term borrowings	9,532	1,764	5
Subordinated notes	4,442	2,867	1,008
Federal Home Loan Bank advances	7,694	2,669	2,944
Long-term debt	2,810	1,680	316
Total interest expense	91,274	31,609	12,221
Net interest income	69,031	91,740	95,059
Credit loss expense (benefit)	700	(2,500)	(1,500)
Net interest income after credit loss expense (benefit)	68,331	94,240	96,559
Noninterest income:
Increase in cash value of bank-owned life insurance	1,044	964	923
Gain from bank-owned life insurance	691	0	0
Loan swap fees	431	835	66
Realized securities gains (losses), net	(431)	0	51
Other income	1,424	1,537	1,718
Total noninterest income	10,066	10,208	9,729
Noninterest expense:
Salaries and employee benefits	27,060	25,838	23,226
Occupancy and equipment	5,507	4,913	5,162
Data processing	2,790	2,597	2,465
Technology and software	2,341	2,137	1,777
FDIC insurance	1,750	996	1,818
Professional fees	1,026	874	946
Director fees	892	814	765
Other expenses	7,245	6,882	7,221
Total noninterest expense	48,611	45,051	43,380
Income before income taxes	29,786	59,397	62,908
Income taxes	5,649	12,998	13,301
Net income	$ 24,137	$ 46,399	$ 49,607
Basic earnings per common share	$ 1.44	$ 2.79	$ 3.00
Diluted earnings per common share	$ 1.44	$ 2.76	$ 2.95
Deposit accounts [Member]
Noninterest income:
Revenue from contract with customer	$ 1,859	$ 2,194	$ 2,352
Debit cards [Member]
Noninterest income:
Revenue from contract with customer	1,980	1,969	1,948
Trust services [Member]
Noninterest income:
Revenue from contract with customer	$ 3,068	$ 2,709	$ 2,671

WTBA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 33,245	$ 24,896
Interest-bearing deposits	32,112	1,643
Cash and cash equivalents	65,357	26,539
Securities available for sale, at fair value	623,919	664,115
Federal Home Loan Bank stock, at cost	22,957	19,336
Loans	2,927,535	2,742,836
Allowance for credit losses	(28,342)	(25,473)
Loans, net	2,899,193	2,717,363
Premises and equipment, net	86,399	53,124
Accrued interest receivable	13,581	11,988
Bank-owned life insurance	43,864	44,573
Deferred tax assets, net	34,303	36,609
Other assets	36,185	39,571
Total assets	3,825,758	3,613,218
Deposits:
Noninterest-bearing demand	548,726	693,563
Interest-bearing demand	481,207	536,226
Savings and money market	1,440,076	1,237,954
Time	503,770	412,665
Total deposits	2,973,779	2,880,408
Federal funds purchased and other short-term borrowings	150,270	200,000
Subordinated notes, net	79,631	79,369
Federal Home Loan Bank advances	315,000	155,000
Long-term debt	47,736	51,486
Accrued expenses and other liabilities	34,299	35,843
Total liabilities	3,600,715	3,402,106
COMMITMENTS AND CONTINGENCIES (Note 17)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; authorized 50,000,000 shares; no shares issued and outstanding at December 31, 2023 and 2022	0	0
Common stock, no par value; authorized 50,000,000 shares; 16,725,094 and 16,640,413 shares issued and outstanding at December 31, 2023 and 2022, respectively	3,000	3,000
Additional paid-in capital	34,197	32,021
Retained earnings	271,369	267,562
Accumulated other comprehensive loss	(83,523)	(91,471)
Total stockholders’ equity	225,043	211,112
Total liabilities and stockholders’ equity	$ 3,825,758	$ 3,613,218

About West Bancorporation Inc

West Bancorporation, Inc. operates as the financial holding company for West Bank that 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.

CEO	Mr. David D. Nelson
WEBSITE	westbankstrong.com
INDUSTRY	Banks Diversified
EMPLOYEES	173

West Bancorporation Inc Frequently Asked Questions

What is the ticker symbol for West Bancorporation Inc? What does WTBA stand for in stocks?

WTBA is the stock ticker symbol of West Bancorporation Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of West Bancorporation Inc (WTBA)?

As of Thu Apr 25 2024, market cap of West Bancorporation Inc is 277.8 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WTBA stock?

You can check WTBA's fair value in chart for subscribers.

What is the fair value of WTBA stock?

You can check WTBA's fair value in chart for subscribers. The fair value of West Bancorporation Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of West Bancorporation Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WTBA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is West Bancorporation Inc a good stock to buy?

The fair value guage provides a quick view whether WTBA is over valued or under valued. Whether West Bancorporation Inc is cheap or expensive depends on the assumptions which impact West Bancorporation Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WTBA.

What is West Bancorporation Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, WTBA's PE ratio (Price to Earnings) is 11.51 and Price to Sales (PS) ratio is 1.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WTBA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on West Bancorporation Inc's stock?

In the past 10 years, West Bancorporation Inc has provided 0.044 (multiply by 100 for percentage) rate of return.