West Bancorporation, Inc. (WTBA) is a Financials stock trading at $28.54 (as of 2026-08-21), with a market capitalization of $485.98M and a trailing P/E of 12.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
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. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
West Bancorporation operates West Bank, providing community banking and trust services, it takes deposits (checking, savings, money market accounts, and CDs) and lends through a mix of commercial real estate, construction and land development, commercial lines of credit and term loans, and consumer loans, earning through these banking and trust activities.
Its profit model is structurally built on converting customer deposits into its loan products (commercial real estate, construction and land development, commercial loans, and consumer loans), alongside trust services.
Business quality (Solid): The provided data is enough to describe what the bank offers and its latest operating margin, but it does not include official reportable segment revenue or any operating KPIs, which limits how specifically we can assess drivers of performance.
Valuation: At 12× earnings, WTBA trades 8% below the Banking average (13×). Note: one-time items can distort reported P/E.
| Price | $28.54 |
| Market Cap | $485.98M |
| P/E Ratio | 12.7 |
| EV / EBITDA | 1.0 |
| Price / Book | 1.73 |
| Price / Sales | 2.51 |
| FCF Yield | 10.0% |
| DCF Value (model) | $40.99 |
| DCF Upside vs Price | 43.6% |
| Revenue (TTM) | $192.22M |
| Net Margin | 16.9% |
| Revenue Growth (YoY) | 1.1% |
| EPS Growth (YoY) | 38.3% |
| FCF Growth (YoY) | 10.3% |
| Stock P/E | 12.7 |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Banking) | 13.0 |
| vs Sector | -16.1% |
| vs Industry | -2.4% |
| Top Institutional Holder | FMR LLC ($34.34M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Banking |
| CEO | David D. Nelson |
| Employees | 180 |
| Country | US |
| IPO Date | 1999-05-03 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.