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West Bancorporation 10-Q Filings

WTBA NASDAQ

Every 10-Q that West Bancorporation (WTBA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow WTBA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WTBA filings page.

Rhea-AI Summary

West Bancorporation, Inc. reported higher profitability for the quarter ended June 30, 2026. Net income was $11,073 for the quarter and $21,645 for the first six months, up from $7,979 and $15,821 in the prior-year periods, with diluted EPS of $0.64 and $1.26. Annualized return on average assets was 1.10% and return on average equity was 16.21% for the quarter. Net interest income rose 19.2% year over year in the quarter to $25,521, driven mainly by higher interest on loans and securities purchased under agreements to resell and lower deposit interest expense.

Total assets were $4.03 billion at June 30, 2026, including loans of $2.95 billion and deposits of $3.34 billion. The allowance for credit losses on loans was $30,530, and there were no loans on nonaccrual status or 90 days past due. On a non-GAAP fully taxable equivalent basis, net interest margin improved to 2.69% and the adjusted efficiency ratio to 48.78%, reflecting more revenue generated per dollar of operating expense.

Rhea-AI Summary

West Bancorporation, Inc. reported first-quarter 2026 net income of $10.6 million, up from $7.8 million a year earlier. Diluted earnings per share rose to $0.61 from $0.46, reflecting stronger profitability despite a modestly smaller balance sheet.

Annualized return on average assets improved to 1.06%, and return on average equity increased to 15.91%. Net interest margin on a fully taxable equivalent basis expanded to 2.59% from 2.28% as interest income grew and funding costs declined. The adjusted efficiency ratio improved to 49.85%, indicating tighter expense control.

Total loans ended the quarter at $3.0 billion, slightly below year-end, while deposits declined to $3.3 billion. Asset quality remained exceptionally strong, with no nonperforming loans and an allowance for credit losses of $30.5 million, or 1.02% of loans. The board declared a quarterly dividend of $0.25 per share.

Rhea-AI Summary

West Bancorporation (WTBA) reported stronger quarterly results. For the three months ended September 30, 2025, net income was $9.3 million versus $6.0 million a year ago, and diluted EPS rose to $0.55 from $0.35. Net interest income increased to $22.5 million from $18.0 million as total interest expense declined to $26.4 million from $30.7 million, while total interest income was $48.9 million. Noninterest expense was $13.6 million compared with $12.9 million.

Total assets were $3.99 billion and total deposits were $3.31 billion as of September 30, 2025. Loans, net, were $2.98 billion and the allowance for credit losses was $30.5 million. Accumulated other comprehensive loss narrowed to $75.4 million from $89.4 million at year-end, lifting total stockholders’ equity to $255.1 million. The company declared a cash dividend of $0.25 per common share in the quarter. Shares outstanding were 16,940,785 as of October 22, 2025.