Market cap
$485 Mln
Revenue (TTM)
$201 Mln
P/E Ratio
12.7
P/B Ratio
1.7
Div. Yield
3.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 2.25 | 1.74 | 0.40 | 9.16 | 12.31 |
| EBIT | 6.50 | 38.73 | 42.63 | 4.41 | -1.47 |
| Net Profit | 4.74 | 38.78 | 32.95 | 3.87 | -1.62 |
| EPS | 4.74 | 38.71 | 32.67 | 3.45 | -2.06 |
| Book Value | -- | -- | 15.90 | 7.72 | -38.69 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 17.43 | 30.16 | 24.36 | 20.87 | 13.87 |
| Net Margin
| -- | -- | 19.14 | -- | -- |
| Return on equity
| 11.62 | 7.82 | 14.03 | 13.19 | 10.62 |
| Return on Capital
| 4.02 | 3.17 | -- | 5.16 | 3.34 |
| Return on Assets
| 0.69 | 0.97 | 0.84 | 0.80 | 0.61 |
| Debt to Equity (x)
| -- | -- | 1.33 | 1.42 | 1.72 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
5.16
|
3.34
|
3.55
|
2.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
14.03
Higher than Peers by 4.17
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
14.03
|
13.19
|
10.62
|
11.07
|
2.64
|
|
Peer Median
|
9.87
|
--
|
--
|
--
|
--
|
ROA
0.84
Lower than Peers by 0.12
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.84
|
0.80
|
0.61
|
0.65
|
1.30
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
EBIT Margin
24.36
Higher than Peers by 3.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
24.36
|
20.87
|
13.87
|
17.55
|
44.47
|
|
Peer Median
|
20.79
|
--
|
--
|
--
|
--
|
Net Margin
19.14
Lower than Peers by 0.90
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
19.14
|
16.40
|
12.16
|
14.22
|
34.74
|
|
Peer Median
|
20.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
Higher than Peers by 0.00
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
0.40
Lower than Peers by 10.70
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.40
|
0.00
|
0.17
|
0.27
|
0.15
|
|
Peer Median
|
11.10
|
--
|
--
|
--
|
--
|
EBIT Growth
42.63
Higher than Peers by 54.12
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
42.63
|
50.92
|
-7.87
|
-49.85
|
-5.58
|
|
Peer Median
|
-11.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
32.95
Higher than Peers by 25.68
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
32.95
|
35.38
|
-0.36
|
-47.98
|
-6.47
|
|
Peer Median
|
7.27
|
--
|
--
|
--
|
--
|
EPS Growth
32.67
Higher than Peers by 26.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
32.67
|
0.34
|
-0.01
|
-0.48
|
-0.07
|
|
Peer Median
|
5.78
|
--
|
--
|
--
|
--
|
Book Value Growth
16.59
Higher than Peers by 7.82
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
16.59
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.77
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.33
Higher than Peers by 1.12
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
1.33
|
1.42
|
1.72
|
2.63
|
1.57
|
|
Peer Median
|
0.21
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
1.04
|
1.21
|
0.67
|
0.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.15
Lower than Peers by 0.16
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.15
|
0.19
|
0.24
|
0.22
|
3.50
|
|
Peer Median
|
0.31
|
--
|
--
|
--
|
--
|
Quick Ratio
0.15
Lower than Peers by 0.21
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.15
|
--
|
--
|
0.44
|
3.70
|
|
Peer Median
|
0.36
|
--
|
--
|
--
|
--
|
Interest Coverage
1.50
Lower than Peers by 0.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
1.50
|
0.40
|
0.23
|
0.33
|
1.88
|
|
Peer Median
|
1.75
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
5.61
Lower than Peers by 1.28
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
5.61
|
6.04
|
6.48
|
8.00
|
8.98
|
|
Peer Median
|
6.90
|
--
|
--
|
--
|
--
|
Asset Turnover
0.04
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
0.04
|
0.05
|
0.05
|
0.05
|
0.04
|
|
Peer Median
|
0.05
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
22.82
|
24.38
|
27.51
|
28.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
--
|
-2,046.63
|
-1,408.34
|
-1,507.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
--
|
--
|
142.34
|
19,146.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
--
|
--
|
-1,523.17
|
-20,625.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
12.66
Lower than Peers by 0.13
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
12.66
|
11.60
|
15.21
|
14.72
|
9.29
|
|
Peer Median
|
12.79
|
--
|
--
|
--
|
--
|
Price / Book Value
1.72
Higher than Peers by 0.40
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
1.72
|
1.42
|
1.61
|
1.58
|
2.04
|
|
Peer Median
|
1.32
|
--
|
--
|
--
|
--
|
Dividend Yield
3.52
Higher than Peers by 1.04
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
3.52
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.48
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
--
|
2.34
|
-0.86
|
7.40
|
1.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
485
Higher than Peers by 172
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
West Bancorporation (WTBA)
|
485
|
--
|
--
|
--
|
--
|
|
Peer Median
|
314
|
--
|
--
|
--
|
--
|