West Bancorporation Inc
NASDAQ:WTBA

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West Bancorporation Inc
NASDAQ:WTBA
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Price: 22.19 USD -1.25% Market Closed
Market Cap: 375.9m USD

West Bancorporation Inc
Investor Relations

West Bancorp, Inc. is a financial holding company, which engages in the provision of commercial banking services through its subsidiary, West Bank. The company is headquartered in West Des Moines, Iowa and currently employs 167 full-time employees. The firm owns West Bank (the Bank), which is a business-focused community bank. The firm operates in the markets, including central Iowa, which is generally the greater Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato and St. Cloud. The Bank offers a range of deposit services, including checking, savings and money market accounts and time certificates of deposit. The Bank also offers Internet, mobile banking and treasury management services, which help to meet the banking needs of its customers. The company offers many types of credit to its customers, including commercial, real estate and consumer loans. The company also offers trust services, including the administration of estates, conservatorships, personal trusts and agency accounts.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 23, 2025
AI Summary
Q3 2025

Strong Earnings Growth: Net income rose 16% over last quarter and 55% year-over-year, reflecting solid financial performance.

Margin Expansion: Net interest margin continues to improve, aided by loan repricing and anticipation of future Fed rate cuts.

Pristine Credit Quality: No problem loans, past dues, or nonaccruals; credit quality remains exceptionally strong.

Dividend Declared: A $0.25 per share quarterly dividend was announced, payable November 19, 2025.

Loan Growth & Pipeline: Loans outstanding increased, with expectations for mid-single-digit annualized loan growth going forward.

Deposit Dynamics: Core deposits declined mainly due to expected public fund fluctuations, but deposit-gathering efforts remain a focus.

Tax Rate Anomaly: Effective tax rate dropped to 19% this quarter due to an energy-related tax credit; expected to return to previous levels.

Key Financials
Net Income
$9.3 million
Loan Balances
$3 billion
Loan Yield
5.66%
Dividend per Share
$0.25
Effective Tax Rate
19%
Earnings Call Recording
Other Earnings Calls

Management

Mr. David D. Nelson
CEO, President & Director
No Bio Available
Ms. Jane M. Funk CPA
Executive VP, Treasurer & CFO
No Bio Available
Mr. Douglas Ray Gulling
Director
No Bio Available
Mr. Harlee N. Olafson
Executive VP & Chief Risk Officer
No Bio Available
Mr. Bradley P. Peters
Executive Vice President
No Bio Available
Ms. Melissa L. Gillespie J.D.
VP, Assistant General Counsel & Corporate Secretary
No Bio Available

Contacts

Address
IOWA
West Des Moines
1601 22nd St
Contacts