West Bancorporation Financials

WTBA Stock  USD 21.65  0.27  1.26%   
Based on the analysis of West Bancorporation's profitability, liquidity, and operating efficiency, West Bancorporation is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in February. At present, West Bancorporation's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 4.6 B, whereas Total Stockholder Equity is forecasted to decline to about 162 M. Key indicators impacting West Bancorporation's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.440.35
Significantly Up
Slightly volatile
Return On Assets0.01330.0073
Way Up
Slightly volatile
Return On Equity0.150.12
Fairly Up
Very volatile
Debt Equity Ratio2.492.37
Sufficiently Up
Slightly volatile
Operating Income46.6 M43 M
Significantly Up
Slightly volatile
Current Ratio0.490.51
Sufficiently Down
Very volatile
Investors should never underestimate West Bancorporation's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor West Bancorporation's cash flow, debt, and profitability to make informed and accurate decisions about investing in West Bancorporation.

Net Income

22.61 Million

  
Understanding current and past West Bancorporation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of West Bancorporation's financial statements are interrelated, with each one affecting the others. For example, an increase in West Bancorporation's assets may result in an increase in income on the income statement.
Please note, the presentation of West Bancorporation's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, West Bancorporation's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of West Bancorporation's management manipulating its earnings.

West Bancorporation Stock Summary

West Bancorporation competes with MidWestOne Financial, Washington Trust, Univest Pennsylvania, Sierra Bancorp, and First Business. 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. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa. West Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 167 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS95123P1066
CUSIP95123P106
LocationIowa; U.S.A
Business Address3330 Westown Parkway,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.westbankstrong.com
Phone515 222 2300
CurrencyUSD - US Dollar

West Bancorporation Key Financial Ratios

West Bancorporation Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.2B3.5B3.6B3.8B4.4B4.6B
Other Assets2.2B1.9B2.8B2.4B2.8B1.6B
Total Liab217.0M197.0M3.4B3.6B4.1B4.3B
Other Current Liab1.3B1.3B3.1B1.0B1.2B986.6M
Net Debt139.3M179.4M259.3M377.0M433.6M455.2M
Retained Earnings203.7M237.8M267.6M271.4M312.1M327.7M
Cash77.7M17.6M26.5M65.4M75.2M47.0M
Net Receivables11.2M8.9M12.0M13.6M15.6M16.4M
Total Current Assets509.5M785.3M701.0M670.7M771.4M546.9M
Short Term Debt184.5M129.3M200M471.1M541.8M568.9M
Other Liab5.7M21.7M38.7M24.0M27.6M29.0M
Accounts Payable21.7M38.7M3.0B35.8M32.3M30.6M
Long Term Debt42.0M197.0M285.9M442.4M508.7M534.2M
Inventory(407.7M)(201.7M)(38.5M)(670.7M)(603.7M)(573.5M)
Other Current Assets407.7M201.7M38.5M78.9M71.0M67.5M
Net Tangible Assets211.8M223.7M260.3M211.1M242.8M193.9M
Long Term Debt Total43.4M42.0M72.0M130.9M150.5M158.0M
Capital Surpluse27.3M28.8M30.2M32.0M36.8M28.7M
Net Invested Capital440.7M197.0M285.9M667.4M767.5M424.2M

West Bancorporation Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense17.4M12.2M31.6M91.3M105.0M110.2M
Total Revenue92.4M104.8M101.4M78.4M90.2M65.2M
Gross Profit92.4M104.8M101.4M170.4M195.9M205.7M
Operating Income41.4M62.9M91.0M37.4M43.0M46.6M
Ebit41.4M62.9M59.4M29.8M26.8M34.6M
Ebitda42.9M64.4M60.9M31.6M36.4M50.3M
Income Before Tax41.4M62.9M59.4M29.8M34.3M31.5M
Net Income32.7M49.6M46.4M24.1M27.8M22.6M
Income Tax Expense8.7M13.3M13.0M5.6M6.5M8.5M
Tax Provision8.7M13.3M13.0M6.9M6.2M7.9M
Net Interest Income82.8M95.1M91.7M73.3M84.3M78.6M
Interest Income100.2M107.3M123.3M152.8M175.7M105.8M

West Bancorporation Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash343.1M(203.6M)(166.3M)38.8M34.9M36.7M
Free Cash Flow40.0M49.1M38.1M(11.1M)(12.8M)(12.2M)
Depreciation3.4M3.6M4.5M1.9M2.1M3.3M
Other Non Cash Items11.3M(2.5M)(3.5M)2.7M3.1M3.2M
Dividends Paid13.8M15.5M16.6M16.7M19.2M11.3M
Capital Expenditures2.3M8.7M21.3M36.4M41.8M43.9M
Net Income32.7M49.6M46.4M24.1M27.8M22.9M
End Period Cash Flow396.4M192.8M26.5M65.4M75.2M97.6M
Investments(357.6M)(528.5M)(336.5M)(226.9M)(204.2M)(214.4M)
Change Receivables497K(4.1M)2.3M(3.1M)(2.8M)(2.6M)
Net Borrowings18.6M1.3M34.5M255.8M294.2M308.9M
Change To Netincome2.7M10.6M232K1.5M1.7M1.6M

West Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining West Bancorporation's current stock value. Our valuation model uses many indicators to compare West Bancorporation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across West Bancorporation competition to find correlations between indicators driving West Bancorporation's intrinsic value. More Info.
West Bancorporation is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for West Bancorporation is roughly  17.46 . At present, West Bancorporation's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the West Bancorporation's earnings, one of the primary drivers of an investment's value.

West Bancorporation Systematic Risk

West Bancorporation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. West Bancorporation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on West Bancorporation correlated with the market. If Beta is less than 0 West Bancorporation generally moves in the opposite direction as compared to the market. If West Bancorporation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one West Bancorporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of West Bancorporation is generally in the same direction as the market. If Beta > 1 West Bancorporation moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in West Bancorporation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various West Bancorporation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of West Bancorporation growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.33)

At present, West Bancorporation's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

West Bancorporation January 6, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of West Bancorporation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of West Bancorporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of West Bancorporation based on widely used predictive technical indicators. In general, we focus on analyzing West Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build West Bancorporation's daily price indicators and compare them against related drivers.

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When running West Bancorporation's price analysis, check to measure West Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy West Bancorporation is operating at the current time. Most of West Bancorporation's value examination focuses on studying past and present price action to predict the probability of West Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Bancorporation's price. Additionally, you may evaluate how the addition of West Bancorporation to your portfolios can decrease your overall portfolio volatility.
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