West Bancorporation, Inc.
WTBA · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $197,837 | $169,749 | $133,557 | $116,416 |
| % Growth | 16.5% | 27.1% | 14.7% | – |
| Cost of Goods Sold | $119,704 | $91,974 | $29,109 | $10,721 |
| Gross Profit | $78,133 | $77,775 | $104,448 | $105,695 |
| % Margin | 39.5% | 45.8% | 78.2% | 90.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $31,797 | $30,495 | $27,648 | $26,311 |
| SG&A Expenses | $31,894 | $30,658 | $27,648 | $26,535 |
| Sales & Mktg Exp. | $97 | $163 | $0 | $224 |
| Other Operating Expenses | $18,796 | $17,331 | $17,403 | $16,252 |
| Operating Expenses | $50,690 | $47,989 | $45,051 | $42,787 |
| Operating Income | $27,443 | $29,786 | $59,397 | $62,908 |
| % Margin | 13.9% | 17.5% | 44.5% | 54% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $27,443 | $29,786 | $59,397 | $62,908 |
| Tax Expense | $3,393 | $5,649 | $12,998 | $13,301 |
| Net Income | $24,050 | $24,137 | $46,399 | $49,607 |
| % Margin | 12.2% | 14.2% | 34.7% | 42.6% |
| EPS | 1.43 | 1.44 | 2.79 | 3 |
| % Growth | -0.7% | -48.4% | -7% | – |
| EPS Diluted | 1.42 | 1.44 | 2.76 | 2.95 |
| Weighted Avg Shares Out | 16,833 | 16,762 | 16,620 | 16,534 |
| Weighted Avg Shares Out Dil | 16,895 | 16,750 | 16,798 | 16,789 |
| Supplemental Information | – | – | – | – |
| Interest Income | $190,066 | $160,305 | $123,349 | $107,280 |
| Interest Expense | $118,704 | $91,274 | $31,609 | $12,221 |
| Depreciation & Amortization | $6,923 | $5,149 | $4,463 | $3,615 |
| EBITDA | $34,366 | $34,935 | $63,860 | $66,523 |
| % Margin | 17.4% | 20.6% | 47.8% | 57.1% |