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West Bancorporation WTBA Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Bankwell Financial Group logo
Bankwell Financial GroupBWFG
$358K+4.1%
Midland States Bancorp logo
Midland States BancorpMSBI
$2.08M-11.1%
Westamerica Bank logo
Westamerica BankWABC
$0-100%
CTB
Community Trust BancorpCTBI
$1.71M+65.6%
Northwest Bancshares logo
Northwest BancsharesNWBI
$2.04M+53.4%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$632K+1.6%

Other financials

Income statement

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Revenue$26.9M+16.6%
Net income$10.6M+34.8%
EPS (diluted)$0.61+32.6%

Balance sheet

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Cash & equivalents$362.0M+71.9%
Total debt$25.0M-39.7%
Total equity$270.7M+13.8%
Total assets$4.0B+0.6%

Cash flow

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Operating cash flow$12.9M+32.2%
CapEx$497.0K-66.7%
Free cash flow$12.4M+50.0%

Valuation

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Market cap$440.86M+40.1%
Enterprise value$103.88M-28.6%
P/E12.5×+0.4×
P/S4.5×+0.7×

Profitability

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Net margin35.6%+4.5pp
FCF margin47.7%+16.5pp

Returns & leverage

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Return on equity13.9%+2.6pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by West Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: West Bancorporation’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is West Bancorporation's bank owned life insurance income?
West Bancorporation (WTBA) reported bank owned life insurance income of $308K in Q1 2026.
How has West Bancorporation's bank owned life insurance income changed year-over-year?
West Bancorporation's bank owned life insurance income increased by 9.2% year-over-year, from $282K to $308K.
What is the long-term trend for West Bancorporation's bank owned life insurance income?
Over 4 years (2021 to 2025), West Bancorporation's bank owned life insurance income has grown at a 6.8% compound annual growth rate (CAGR), from $923K to $1.2M.
What does bank owned life insurance income mean?
This reflects the increase in the cash surrender value of life insurance policies held by the bank on the lives of key employees. It represents a non-interest income stream that provides tax-advantaged returns to offset the costs of employee benefit programs. Consistent growth in this income indicates effective management of corporate-owned assets.