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West Bancorporation WTBA Stock-Based Comp

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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:ShareBasedCompensation.

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)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net income$21,645$15,821
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization and accretion1,4771,542
Stock-based compensation1,3591,286
Increase in cash value of bank-owned life insurance(621)(577)
Depreciation2,3322,231
Provision for deferred income taxes159994
Change in assets and liabilities:

Item 1. Financial Statements

FAQ

What is West Bancorporation's stock-based comp?
West Bancorporation (WTBA) reported stock-based comp of $759K in Q2 2026.
How has West Bancorporation's stock-based comp changed year-over-year?
West Bancorporation's stock-based comp increased by 8.3% year-over-year, from $701K to $759K.
What is the long-term trend for West Bancorporation's stock-based comp?
Over 4 years (2021 to 2025), West Bancorporation's stock-based comp has grown at a 1.6% compound annual growth rate (CAGR), from $2.57M to $2.74M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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