West Bancorporation, Inc. Logo

West Bancorporation, Inc.

WTBA

(2.2)
Stock Price

22,11 USD

3.98% ROA

9.46% ROE

14.46x PER

Market Cap.

309.888.166,00 USD

234.72% DER

5.43% Yield

13.3% NPM

West Bancorporation, Inc. Stock Analysis

West Bancorporation, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

West Bancorporation, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

3 ROE

ROE in an average range (13.45%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.77%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.5x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 Buffet Intrinsic Value

The company's stock seems undervalued (69) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (346%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

West Bancorporation, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

West Bancorporation, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

West Bancorporation, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

West Bancorporation, Inc. Revenue
Year Revenue Growth
2000 6.868.000
2001 35.975.886 80.91%
2002 37.604.389 4.33%
2003 41.626.945 9.66%
2004 46.352.912 10.2%
2005 49.889.888 7.09%
2006 54.938.000 9.19%
2007 54.256.000 -1.26%
2008 57.545.000 5.72%
2009 51.112.000 -12.59%
2010 52.507.000 2.66%
2011 52.217.000 -0.56%
2012 52.192.000 -0.05%
2013 54.186.000 3.68%
2014 58.372.000 7.17%
2015 62.363.000 6.4%
2016 65.100.000 4.2%
2017 68.705.000 5.25%
2018 69.810.000 1.58%
2019 74.748.000 6.61%
2020 92.435.000 19.13%
2021 104.788.000 11.79%
2022 101.409.000 -3.33%
2023 164.368.000 38.3%
2023 170.371.000 3.52%
2024 199.656.000 14.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

West Bancorporation, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

West Bancorporation, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 6.044.441 100%
2002 6.444.931 6.21%
2003 7.700.608 16.31%
2004 9.680.139 20.45%
2005 10.307.508 6.09%
2006 13.937.000 26.04%
2007 13.560.000 -2.78%
2008 13.362.000 -1.48%
2009 14.435.000 7.43%
2010 15.893.000 9.17%
2011 16.413.000 3.17%
2012 17.274.000 4.98%
2013 18.520.000 6.73%
2014 19.084.000 2.96%
2015 19.233.000 0.77%
2016 20.178.000 4.68%
2017 20.987.000 3.85%
2018 22.158.000 5.28%
2019 24.929.000 11.12%
2020 25.309.000 1.5%
2021 27.509.000 8%
2022 31.649.000 13.08%
2023 1.016.000 -3015.06%
2023 30.495.000 96.67%
2024 32.956.000 7.47%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

West Bancorporation, Inc. EBITDA
Year EBITDA Growth
2000 48.055.000
2001 49.638.888 3.19%
2002 39.865.568 -24.52%
2003 39.307.724 -1.42%
2004 42.496.454 7.5%
2005 55.121.923 22.9%
2006 70.511.000 21.83%
2007 71.219.000 0.99%
2008 42.605.000 -67.16%
2009 6.149.000 -592.88%
2010 40.032.000 84.64%
2011 33.271.000 -20.32%
2012 37.239.000 10.66%
2013 36.887.000 -0.95%
2014 37.465.000 1.54%
2015 42.245.000 11.31%
2016 46.164.000 8.49%
2017 54.917.000 15.94%
2018 64.156.000 14.4%
2019 40.811.000 -57.2%
2020 44.772.000 8.85%
2021 66.523.000 32.7%
2022 95.469.000 30.32%
2023 29.404.000 -224.68%
2023 1.856.000 -1484.27%
2024 -2.524.000 173.53%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

West Bancorporation, Inc. Gross Profit
Year Gross Profit Growth
2000 6.868.000
2001 35.975.886 80.91%
2002 37.604.389 4.33%
2003 41.626.945 9.66%
2004 46.352.912 10.2%
2005 49.889.888 7.09%
2006 54.938.000 9.19%
2007 54.256.000 -1.26%
2008 57.545.000 5.72%
2009 51.112.000 -12.59%
2010 52.507.000 2.66%
2011 52.217.000 -0.56%
2012 51.687.000 -1.03%
2013 53.690.000 3.73%
2014 57.477.000 6.59%
2015 61.257.000 6.17%
2016 64.247.000 4.65%
2017 68.163.000 5.75%
2018 69.410.000 1.8%
2019 74.748.000 7.14%
2020 92.435.000 19.13%
2021 104.788.000 11.79%
2022 101.409.000 -3.33%
2023 164.368.000 38.3%
2023 170.371.000 3.52%
2024 190.272.000 10.46%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

West Bancorporation, Inc. Net Profit
Year Net Profit Growth
2000 14.416.000
2001 15.736.440 8.39%
2002 16.375.803 3.9%
2003 17.282.628 5.25%
2004 18.614.477 7.15%
2005 20.074.753 7.27%
2006 19.407.000 -3.44%
2007 18.920.000 -2.57%
2008 7.636.000 -147.77%
2009 -14.617.000 152.24%
2010 13.383.000 209.22%
2011 15.268.000 12.35%
2012 16.011.000 4.64%
2013 16.891.000 5.21%
2014 20.040.000 15.71%
2015 21.742.000 7.83%
2016 23.016.000 5.54%
2017 23.070.000 0.23%
2018 28.508.000 19.08%
2019 28.690.000 0.63%
2020 32.712.000 12.3%
2021 49.607.000 34.06%
2022 46.399.000 -6.91%
2023 23.624.000 -96.41%
2023 24.137.000 2.13%
2024 20.768.000 -16.22%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

West Bancorporation, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 1
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 100%
2005 1 0%
2006 1 0%
2007 1 0%
2008 0 0%
2009 -1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 0%
2020 2 0%
2021 3 66.67%
2022 3 -50%
2023 1 -100%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

West Bancorporation, Inc. Free Cashflow
Year Free Cashflow Growth
2001 18.907.292
2002 16.800.013 -12.54%
2003 17.271.312 2.73%
2004 21.590.000 20%
2005 20.930.000 -3.15%
2006 24.498.000 14.56%
2007 2.350.000 -942.47%
2008 23.436.000 89.97%
2009 16.290.000 -43.87%
2010 24.716.000 34.09%
2011 42.240.000 41.49%
2012 23.254.000 -81.65%
2013 21.483.000 -8.24%
2014 20.989.000 -2.35%
2015 28.540.000 26.46%
2016 17.391.000 -64.11%
2017 28.302.000 38.55%
2018 34.534.000 18.05%
2019 35.919.000 3.86%
2020 39.966.000 10.13%
2021 49.135.000 18.66%
2022 38.128.000 -28.87%
2023 -11.138.000 442.32%
2023 -1.919.000 -480.41%
2024 2.737.000 170.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

West Bancorporation, Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 19.148.231
2002 17.247.968 -11.02%
2003 17.451.718 1.17%
2004 22.600.000 22.78%
2005 22.340.000 -1.16%
2006 25.039.000 10.78%
2007 2.350.000 -965.49%
2008 24.093.000 90.25%
2009 17.638.000 -36.6%
2010 25.084.000 29.68%
2011 42.240.000 40.62%
2012 24.289.000 -73.91%
2013 23.391.000 -3.84%
2014 26.287.000 11.02%
2015 31.042.000 15.32%
2016 30.193.000 -2.81%
2017 29.357.000 -2.85%
2018 34.744.000 15.5%
2019 36.967.000 6.01%
2020 42.285.000 12.58%
2021 57.878.000 26.94%
2022 59.439.000 2.63%
2023 25.249.000 -135.41%
2023 7.780.000 -224.54%
2024 10.002.000 22.22%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

West Bancorporation, Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 240.939
2002 447.955 46.21%
2003 180.406 -148.3%
2004 1.010.000 82.14%
2005 1.410.000 28.37%
2006 541.000 -160.63%
2007 0 0%
2008 657.000 100%
2009 1.348.000 51.26%
2010 368.000 -266.3%
2011 0 0%
2012 1.035.000 100%
2013 1.908.000 45.75%
2014 5.298.000 63.99%
2015 2.502.000 -111.75%
2016 12.802.000 80.46%
2017 1.055.000 -1113.46%
2018 210.000 -402.38%
2019 1.048.000 79.96%
2020 2.319.000 54.81%
2021 8.743.000 73.48%
2022 21.311.000 58.97%
2023 36.387.000 41.43%
2023 9.699.000 -275.16%
2024 7.265.000 -33.5%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

West Bancorporation, Inc. Equity
Year Equity Growth
2000 70.845.000
2001 79.012.261 10.34%
2002 85.824.162 7.94%
2003 92.896.344 7.61%
2004 97.619.976 4.84%
2005 104.520.516 6.6%
2006 113.812.000 8.16%
2007 121.606.000 6.41%
2008 150.063.000 18.96%
2009 133.059.000 -12.78%
2010 145.436.000 8.51%
2011 123.451.000 -17.81%
2012 134.587.000 8.27%
2013 123.625.000 -8.87%
2014 140.175.000 11.81%
2015 152.377.000 8.01%
2016 165.376.000 7.86%
2017 178.098.000 7.14%
2018 191.023.000 6.77%
2019 211.820.000 9.82%
2020 223.695.000 5.31%
2021 260.328.000 14.07%
2022 211.112.000 -23.31%
2023 225.043.000 6.19%
2023 203.933.000 -10.35%
2024 223.883.000 8.91%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

West Bancorporation, Inc. Assets
Year Assets Growth
2000 827.876.000
2001 815.970.242 -1.46%
2002 886.116.063 7.92%
2003 1.000.611.611 11.44%
2004 1.148.434.510 12.87%
2005 1.244.380.297 7.71%
2006 1.268.536.000 1.9%
2007 1.339.968.000 5.33%
2008 1.553.188.000 13.73%
2009 1.575.054.000 1.39%
2010 1.305.463.000 -20.65%
2011 1.269.524.000 -2.83%
2012 1.447.431.000 12.29%
2013 1.442.404.000 -0.35%
2014 1.615.833.000 10.73%
2015 1.748.640.000 7.59%
2016 1.854.204.000 5.69%
2017 2.114.377.000 12.3%
2018 2.296.568.000 7.93%
2019 2.473.691.000 7.16%
2020 3.185.744.000 22.35%
2021 3.500.201.000 8.98%
2022 3.613.218.000 3.13%
2023 3.831.529.000 5.7%
2023 3.701.900.000 -3.5%
2024 3.975.390.000 6.88%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

West Bancorporation, Inc. Liabilities
Year Liabilities Growth
2000 757.031.000
2001 736.957.981 -2.72%
2002 800.291.901 7.91%
2003 907.715.267 11.83%
2004 1.050.814.534 13.62%
2005 1.139.859.781 7.81%
2006 1.154.724.000 1.29%
2007 1.218.362.000 5.22%
2008 1.403.125.000 13.17%
2009 1.441.995.000 2.7%
2010 1.160.027.000 -24.31%
2011 1.146.073.000 -1.22%
2012 1.312.844.000 12.7%
2013 1.318.779.000 0.45%
2014 1.475.658.000 10.63%
2015 1.596.263.000 7.56%
2016 1.688.828.000 5.48%
2017 1.936.279.000 12.78%
2018 2.105.545.000 8.04%
2019 222.728.000 -845.34%
2020 217.010.000 -2.63%
2021 196.986.000 -10.17%
2022 3.402.106.000 94.21%
2023 3.606.486.000 5.67%
2023 3.497.967.000 -3.1%
2024 3.751.507.000 6.76%

West Bancorporation, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
10.84
Net Income per Share
1.27
Price to Earning Ratio
14.46x
Price To Sales Ratio
1.7x
POCF Ratio
9.96
PFCF Ratio
-39.37
Price to Book Ratio
1.38
EV to Sales
3.76
EV Over EBITDA
99.82
EV to Operating CashFlow
22.04
EV to FreeCashFlow
-87.09
Earnings Yield
0.07
FreeCashFlow Yield
-0.03
Market Cap
0,31 Bil.
Enterprise Value
0,69 Bil.
Graham Number
19.53
Graham NetNet
-197.17

Income Statement Metrics

Net Income per Share
1.27
Income Quality
1.45
ROE
0.1
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.81
EBT Per Ebit
0.43
Ebit per Revenue
0.39
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0.13
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
1.15
Operating Profit Margin
0.39
Pretax Profit Margin
0.16
Net Profit Margin
0.13

Dividends

Dividend Yield
0.05
Dividend Yield %
5.43
Payout Ratio
0.78
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
1.85
Free CashFlow per Share
-0.47
Capex to Operating CashFlow
1.25
Capex to Revenue
0.21
Capex to Depreciation
11.38
Return on Invested Capital
0.07
Return on Tangible Assets
0.04
Days Sales Outstanding
28.28
Days Payables Outstanding
0
Days of Inventory on Hand
-49550.81
Receivables Turnover
12.9
Payables Turnover
0
Inventory Turnover
-0.01
Capex per Share
2.32

Balance Sheet

Cash per Share
43,87
Book Value per Share
13,30
Tangible Book Value per Share
-190.94
Shareholders Equity per Share
13.3
Interest Debt per Share
36.51
Debt to Equity
2.35
Debt to Assets
0.13
Net Debt to EBITDA
54.7
Current Ratio
0.12
Tangible Asset Value
-3,21 Bil.
Net Current Asset Value
-3,59 Bil.
Invested Capital
2328303000
Working Capital
-1,21 Bil.
Intangibles to Total Assets
0.86
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
-639330500
Debt to Market Cap
1.7

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

West Bancorporation, Inc. Dividends
Year Dividends Growth
1996 0
1999 0 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 1 0%
2024 1 0%

West Bancorporation, Inc. Profile

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 accepts various deposit products, 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 trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

CEO
Mr. David D. Nelson
Employee
181
Address
1601 22nd Street
West Des Moines, 50266

West Bancorporation, Inc. Executives & BODs

West Bancorporation, Inc. Executives & BODs
# Name Age
1 Mr. Harlee N. Olafson
Executive Vice President & Chief Risk Officer
70
2 Mr. Brad Lee Winterbottom
Executive Vice President
70
3 Mr. Bradley P. Peters
Executive Vice President
70
4 Ms. Melissa L. Gillespie J.D.
Vice President, Assistant General Counsel & Corporate Secretary
70
5 Mr. David D. Nelson
Chief Executive Officer, President & Director
70
6 Ms. Jane M. Funk CPA
Executive Vice President, Treasurer & Chief Financial Officer
70
7 Mr. Douglas Ray Gulling
Director
70

West Bancorporation, Inc. Competitors