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West Bancorporation Inc. (WTBA) Stock Fundamental Analysis & AI Rating 2026

WTBA Nasdaq State Commercial Banks IA CIK: 0001166928
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
BUY
76% Conf
Pending
Analysis scheduled

📊 WTBA Key Takeaways

Revenue: $192.2M
Net Margin: 16.9%
Free Cash Flow: $43.2M
Current Ratio: N/A
Debt/Equity: 0.19x
EPS: $1.92
AI Rating: BUY with 76% confidence
West Bancorporation Inc. (WTBA) receives a BUY rating with 76% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $192.2M, net profit margin of 16.9%, and return on equity (ROE) of 12.2%, West Bancorporation Inc. demonstrates strong fundamentals in the Finance sector. Below is our complete WTBA stock analysis for 2026.

Is West Bancorporation Inc. (WTBA) a Good Investment?

Claude

West Bancorporation exhibits exceptional growth with 116% YoY revenue expansion and 35.4% net income growth, supported by healthy 16.9% net margins and conservative 0.19x debt/equity capitalization. Strong free cash flow generation of $43.2M and robust liquidity position underscore financial stability, though aggressive growth rates and concerning 0.7x interest coverage ratio require scrutiny of organic growth drivers and credit quality.

Why Buy West Bancorporation Inc. Stock? WTBA Key Strengths

Claude
  • + Exceptional revenue growth of 116% YoY demonstrates significant business momentum and market penetration
  • + Strong net income growth of 35.4% YoY with 16.9% net margin indicates profitable, sustainable operations
  • + Conservative capital structure with 0.19x debt/equity and only $51.5M long-term debt relative to $266.0M equity
  • + Robust free cash flow of $43.2M with 22.4% FCF margin demonstrates cash generation capability
  • + Substantial cash position of $471.1M provides operational flexibility and strategic optionality
  • + Solid 12.2% ROE and 21.5% operating margin indicate reasonable profitability and operational execution

WTBA Stock Risks: West Bancorporation Inc. Investment Risks

Claude
  • ! Interest coverage ratio of 0.7x is materially concerning and suggests potential constraints on debt servicing capacity
  • ! Revenue growth of 116% appears unsustainable and likely acquisition-driven rather than organically generated
  • ! Missing critical banking metrics including non-performing loan ratios, loan loss reserves, and asset quality indicators
  • ! ROA of 0.8% is subdued and raises questions regarding operational efficiency and asset deployment
  • ! Lack of visibility into net interest margin trends, deposit stability, and funding composition

Key Metrics to Watch

Claude
  • * Organic versus acquisition-driven revenue growth decomposition and sustainability trajectory
  • * Interest coverage ratio trend and detailed analysis of interest expense relative to operating income
  • * Non-performing loan ratios, loan loss reserve adequacy, and credit quality metrics
  • * Net interest margin stability, deposit growth rates, and funding diversification
  • * Regulatory capital adequacy ratios and compliance status relative to minimum requirements

West Bancorporation Inc. (WTBA) Financial Metrics & Key Ratios

Revenue
$192.2M
Net Income
$32.6M
EPS (Diluted)
$1.92
Free Cash Flow
$43.2M
Total Assets
$4.1B
Cash Position
$471.1M

💡 AI Analyst Insight

The 22.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

WTBA Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 21.5%
Net Margin 16.9%
ROE 12.2%
ROA 0.8%
FCF Margin 22.4%

WTBA vs Finance Sector: How West Bancorporation Inc. Compares

How West Bancorporation Inc. compares to Finance sector averages

Net Margin
WTBA 16.9%
vs
Sector Avg 25.0%
WTBA Sector
ROE
WTBA 12.2%
vs
Sector Avg 12.0%
WTBA Sector
Current Ratio
WTBA 0.0x
vs
Sector Avg 1.2x
WTBA Sector
Debt/Equity
WTBA 0.2x
vs
Sector Avg 2.0x
WTBA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is West Bancorporation Inc. Stock Overvalued? WTBA Valuation Analysis 2026

Based on fundamental analysis, West Bancorporation Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
12.2%
Sector avg: 12%
Net Profit Margin
16.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.19x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

West Bancorporation Inc. Balance Sheet: WTBA Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.19x
Debt/Assets
93.6%
Interest Coverage
0.71x
Long-term Debt
$51.5M

WTBA Revenue & Earnings Growth: 5-Year Financial Trend

WTBA 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: West Bancorporation Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.35 reflects profitable operations.

WTBA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
22.4%
Free cash flow / Revenue

West Bancorporation Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$46.5M
Cash generated from operations
Capital Expenditures
$3.3M
Investment in assets
Dividends Paid
$16.9M
Returned to shareholders

WTBA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for West Bancorporation Inc. (CIK: 0001166928)

📋 Recent SEC Filings

Date Form Document Action
Mar 26, 2026 4 xslF345X06/wk-form4_1774557023.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774556980.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774556957.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774556928.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774556903.xml View →

Frequently Asked Questions about WTBA

What is the AI rating for WTBA?

West Bancorporation Inc. (WTBA) has an AI rating of BUY with 76% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WTBA's key strengths?

Claude: Exceptional revenue growth of 116% YoY demonstrates significant business momentum and market penetration. Strong net income growth of 35.4% YoY with 16.9% net margin indicates profitable, sustainable operations.

What are the risks of investing in WTBA?

Claude: Interest coverage ratio of 0.7x is materially concerning and suggests potential constraints on debt servicing capacity. Revenue growth of 116% appears unsustainable and likely acquisition-driven rather than organically generated.

What is WTBA's revenue and growth?

West Bancorporation Inc. reported revenue of $192.2M.

Does WTBA pay dividends?

West Bancorporation Inc. pays dividends, with $16.9M distributed to shareholders in the trailing twelve months.

Where can I find WTBA SEC filings?

Official SEC filings for West Bancorporation Inc. (CIK: 0001166928) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WTBA's EPS?

West Bancorporation Inc. has a diluted EPS of $1.92.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WTBA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, West Bancorporation Inc. has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is WTBA stock overvalued or undervalued?

Valuation metrics for WTBA: ROE of 12.2% (sector avg: 12%), net margin of 16.9% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy WTBA stock in 2026?

Our dual AI analysis gives West Bancorporation Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WTBA's free cash flow?

West Bancorporation Inc.'s operating cash flow is $46.5M, with capital expenditures of $3.3M. FCF margin is 22.4%.

How does WTBA compare to other Finance stocks?

Vs Finance sector averages: Net margin 16.9% (avg: 25%), ROE 12.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI