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West Bancorporation WTBA Data processing and equipment

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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$483.87M+59.5%
Enterprise value$73.92M-4,852%
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:InformationTechnologyAndDataProcessing.

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
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
Professional fees298303576611
Other expenses1,6651,7013,3713,499
Total noninterest expense13,76713,48527,23226,548

Item 1. Financial Statements

FAQ

What is West Bancorporation's data processing and equipment?
West Bancorporation (WTBA) reported data processing and equipment of $545K in Q2 2026.
How has West Bancorporation's data processing and equipment changed year-over-year?
West Bancorporation's data processing and equipment decreased by 15.2% year-over-year, from $643K to $545K.
What is the long-term trend for West Bancorporation's data processing and equipment?
Over 4 years (2021 to 2025), West Bancorporation's data processing and equipment has grown at a 1.3% compound annual growth rate (CAGR), from $2.47M to $2.6M.
What does data processing and equipment mean?
This metric aggregates the costs associated with maintaining the bank's core data processing systems and essential operational equipment. It reflects the ongoing investment required to support transaction processing, account management, and internal banking infrastructure. Monitoring this expense helps assess the bank's operational efficiency and its ability to scale technology costs relative to asset growth.

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