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West Bancorporation WTBA Compensation and benefits

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Other financials

Income statement

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Revenue$28.1M+18.0%
Net income$11.1M+38.8%
EPS (diluted)$0.64+36.2%

Balance sheet

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Cash & equivalents$433.7M+25.6%
Total debt$23.8M-41.0%
Total equity$281.0M+16.6%
Total assets$4.0B-0.7%

Cash flow

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Operating cash flow$14.4M+6.2%
CapEx$293.0K-61.6%
Free cash flow$14.1M+10.3%

Valuation

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Market cap$484.55M+59.7%
Enterprise value$74.6M-4,896%
P/E12.6×+2.1×
P/S4.7×+1.2×

Profitability

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Net margin37.1%+4.4pp
FCF margin47%+6.0pp

Returns & leverage

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Return on equity14.7%+2.3pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by West Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: West Bancorporation’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 7:15 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001166928-26-000034
(in thousands, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income245350501617
Total noninterest income2,5962,4105,1504,653
Noninterest expense:
Salaries and employee benefits7,9877,34315,61914,347
Occupancy and equipment2,0062,0344,0123,997
Technology and software8227911,5961,577
Data processing5456431,1411,260
FDIC insurance4446709171,257

Item 1. Financial Statements

FAQ

What is West Bancorporation's compensation and benefits?
West Bancorporation (WTBA) reported compensation and benefits of $7.99M in Q2 2026.
How has West Bancorporation's compensation and benefits changed year-over-year?
West Bancorporation's compensation and benefits increased by 8.8% year-over-year, from $7.34M to $7.99M.
What is the long-term trend for West Bancorporation's compensation and benefits?
Over 4 years (2021 to 2025), West Bancorporation's compensation and benefits has grown at a 6.1% compound annual growth rate (CAGR), from $23.23M to $29.38M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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