West Bancorporation, Inc. (WTBA) — Financial statements
Income statement, balance sheet, and cash flow for West Bancorporation, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 198↑0.3% | 198↑16.5% | 170↑27.1% | 134↑14.7% | 116 | |
| Cost of Revenue | 103↓13.8% | 120↑30.1% | 92↑216.0% | 29↑171.5% | 11 | |
| Gross Profit | 95↑21.9% | 78↑0.5% | 78↓25.5% | 104↓1.2% | 106 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 38↑18.1% | 32↑4.3% | 30↑10.3% | 28↑5.1% | 26 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.10↓40.5% | 0.16 | 0.00↓100.0% | 0.22 | |
| SG&A Expenses | 38↑17.7% | 32↑4.0% | 31↑10.9% | 28↑4.2% | 27 | |
| Other Expenses | 16↓13.4% | 19↑8.5% | 17↓0.4% | 17↑7.1% | 16 | |
| Operating Expenses | 54↑6.2% | 51↑5.6% | 48↑6.5% | 45↑5.3% | 43 | |
| Total Costs & Expenses | 157↓7.8% | 170↑21.7% | 140↑88.7% | 74↑38.6% | 54 | |
| Operating Results | ||||||
| Operating Income | 41↑50.9% | 27↓7.9% | 30↓49.9% | 59↓5.6% | 63 | |
| Depreciation & Amortization | 0.00↓100.0% | 7↑34.5% | 5↑15.4% | 4↑23.5% | 4 | |
| EBITDA | 41↑20.5% | 34↓1.6% | 35↓45.3% | 64↓4.0% | 67 | |
| EBIT | 41↑50.9% | 27↓7.9% | 30↓49.9% | 59↓5.6% | 63 | |
| Interest & Other Income | ||||||
| Net Interest Income | 89↑24.7% | 71↑3.4% | 69↓24.8% | 92↓3.5% | 95 | |
| Interest Income | 192↑1.1% | 190↑18.6% | 160↑30.0% | 123↑15.0% | 107 | |
| Interest Expense | 103↓13.0% | 119↑30.1% | 91↑188.8% | 32↑158.6% | 12 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 41↑50.9% | 27↓7.9% | 30↓49.9% | 59↓5.6% | 63 | |
| Income Tax Expense | 9↑161.1% | 3↓39.9% | 6↓56.5% | 13↓2.3% | 13 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 33↑35.4% | 24↓0.4% | 24↓48.0% | 46↓6.5% | 50 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 33↑35.4% | 24↓0.4% | 24↓48.0% | 46↓6.5% | 50 | |
| Bottom-Line Net Income | 33↑35.4% | 24↓0.4% | 24↓48.0% | 46↓6.5% | 50 | |
| EPS (Basic) | 1.92↑34.3% | 1.43↓0.7% | 1.44↓48.4% | 2.79↓7.0% | 3.00 | |
| EPS (Diluted) | 1.92↑35.2% | 1.42↓1.4% | 1.44↓47.8% | 2.76↓6.4% | 2.95 | |
| Weighted Average Shares | 17↑0.6% | 17↑0.4% | 17↑0.9% | 17↑0.5% | 17 | |
| Weighted Average Diluted Shares | 17↑0.7% | 17↑0.9% | 17↓0.3% | 17↑0.1% | 17 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.