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West Bancorporation, Inc.
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NASDAQ: WTBA Financials Bank 🔎 Screen
🏹 Trader: 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High | BRS 89 Elite View all →
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$491M
Market Cap
11.6
P/E
5.69
PEG
—
ROCE
13.2%
ROE
1.47
D/E
—
OPM
-4.3%
% from 52W High
84
α RS
🔍 WTBA is showing a momentum setup because RS Rating is 85, it matches 2 of 39 tracked screener presets, Sector RRG has Financials in the Improving quadrant with the trail still strengthening, and it has maintained a 19-day Near 52-Week High momentum persistence. The main caution: the Momentum Movers preset's Backtest win rate is only 42.7%. Net: Mixed signal stack, not a recommendation. ? RS Rating Conviction RRG Momentum Streaks Backtest
Sources
RS Rating 85 · Conviction 2/39 · Financials in Improving quadrant · Near 52-Week High streak: 19d · Backtest win rate 42.7%
🌏 Global Investor Returns
Currency-adjusted total returns for WTBA including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

West Bancorporation, Inc. operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. The company offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. It also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; and consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate, as well as 1-4 family residential mortgages and home equity loans. In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding WTBA
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 182.5K $4.3M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-23
Net income rose 39% year-over-year to $11.1 million, with strong credit quality and a record dividend increase. Margin expansion is expected to continue, supported by loan repricing, despite fierce deposit competition and ongoing loan payoffs.
Q1 2026 Q1 2026 2026-04-23
Net income rose 35% year-over-year to $10.6 million, with strong margin expansion and pristine credit quality. Loan balances were flat, but deposit growth and asset repricing are expected to drive further margin improvement. Dividend of $0.25 per share declared.
Q4 2025 Q4 2025 2026-01-29
Net income for 2025 rose 35% year-over-year to $32.6 million, with strong deposit growth and pristine credit quality. Q4 saw a securities loss trade, but core earnings and margins improved, setting up for a strong 2026.
Q3 2025 Q3 2025 2025-10-23
Earnings rose 16% sequentially and 55% year-over-year in Q3 2025, driven by margin expansion and strong credit quality. Loan growth is expected to continue at a mid-single digit pace, with margin tailwinds from loan repricing and disciplined deposit gathering.
Q2 2025 Q2 2025 2025-07-24
Second quarter net income rose to $8 million, with strong deposit growth and robust asset quality. Margin improvement is expected in the second half of 2025, supported by asset repricing and stable expenses.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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