West Bancorporation, Inc.

WTBA · NASDAQ
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$51,239$50,197$48,177$50,578
% Growth2.1%4.2%-4.7%
Cost of Goods Sold$26,424$26,543$25,281$30,894
Gross Profit$24,815$23,654$22,896$19,684
% Margin48.4%47.1%47.5%38.9%
R&D Expenses$0$0$0$0
G&A Expenses$8,475$8,506$8,091$8,205
SG&A Expenses$8,497$8,531$8,102$8,227
Sales & Mktg Exp.$22$25$11$22
Other Operating Expenses$4,864$4,779$4,759$5,004
Operating Expenses$13,361$13,310$12,861$13,231
Operating Income$11,454$10,344$10,035$6,453
% Margin22.4%20.6%20.8%12.8%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$11,454$10,344$10,035$6,453
Tax Expense$2,140$2,365$2,193-$644
Net Income$9,314$7,979$7,842$7,097
% Margin18.2%15.9%16.3%14%
EPS0.550.470.470.42
% Growth17%0%11.9%
EPS Diluted0.550.470.460.42
Weighted Avg Shares Out16,94116,93616,84016,833
Weighted Avg Shares Out Dil17,01517,00717,06816,895
Supplemental Information
Interest Income$48,925$47,962$46,136$49,316
Interest Expense$26,424$26,543$25,281$29,894
Depreciation & Amortization$1,911$1,898$1,875$1,937
EBITDA$13,365$12,242$11,910$8,390
% Margin26.1%24.4%24.7%16.6%
West Bancorporation, Inc. (WTBA) Financial Statements & Key Stats | AlphaPilot