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West Bancorporation WTBA Technology and software

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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 wtba:TechnologyAndSoftware.

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 technology and software?
West Bancorporation (WTBA) reported technology and software of $774K in Q1 2026.
How has West Bancorporation's technology and software changed year-over-year?
West Bancorporation's technology and software decreased by 1.5% year-over-year, from $786K to $774K.
What is the long-term trend for West Bancorporation's technology and software?
Over 3 years (2022 to 2025), West Bancorporation's technology and software has grown at a 13.9% compound annual growth rate (CAGR), from $2.14M to $3.16M.
What does technology and software mean?
This metric represents expenditures related to software licensing, digital banking platforms, and technological innovation initiatives. It captures the costs of maintaining and upgrading the bank's customer-facing digital channels and internal software applications. This is a key indicator of the bank's commitment to digital transformation and its ability to remain competitive in the fintech landscape.