West Bancorporation financials
$28.58−1.31%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.1M | $49.9M | $48.3M | $51.4M | $50.4M | $48.4M | $50.7M | $51.0M | $49.9M | $46.9M | $44.6M | $43.9M |
| Gross profit | $28.1M | $26.9M | $23.3M | $25.0M | $23.8M | $23.1M | $20.9M | $20.3M | $19.6M | $19.0M | $18.3M | $19.5M |
| Gross margin | 55.1% | 53.9% | 48.3% | 48.6% | 47.3% | 47.7% | 41.1% | 39.9% | 39.2% | 40.6% | 41.0% | 44.3% |
| Operating income | $14.3M | $13.5M | $9.6M | $11.5M | $10.3M | $10.0M | $6.5M | $7.4M | $6.4M | $7.2M | $5.6M | $7.4M |
| Net income | $11.1M | $10.6M | $7.4M | $9.3M | $8.0M | $7.8M | $7.1M | $6.0M | $5.2M | $5.8M | $4.5M | $5.9M |
| Net margin | 21.7% | 21.2% | 15.4% | 18.1% | 15.8% | 16.2% | 14.0% | 11.7% | 10.4% | 12.4% | 10.2% | 13.4% |
| Diluted EPS | $0.64 | $0.61 | $0.44 | $0.55 | $0.47 | $0.46 | $0.42 | $0.35 | $0.31 | $0.35 | $0.27 | $0.35 |
| EBITDA | $14.3M | $13.5M | $9.6M | $11.5M | $10.3M | $10.0M | $6.5M | $7.4M | $6.4M | $7.2M | $5.6M | $7.4M |
| Operating cash flow | $14.4M | $12.9M | $11.8M | $11.4M | $13.5M | $9.7M | $10.8M | $12.9M | $10.0M | $6.1M | $7.2M | $7.8M |
| Free cash flow | $14.1M | $12.4M | $11.4M | $10.8M | $12.8M | $8.3M | $8.2M | $7.0M | $2.7M | -$4.2M | -$4.5M | -$1.9M |
| Diluted shares | 17.2M | 17.2M | 16.9M | 17.0M | 17.0M | 17.1M | 17.0M | 16.9M | 16.8M | 16.8M | 16.7M | 16.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $31.0M | $40.0M | $25.2M | $26.9M | $35.8M | $39.3M |
| Short-term investments | $864.5M | $793.5M | $929.5M | $759.1M | $861.4M | $733.2M |
| Total debt | $104.0M | $105.2M | $106.4M | $119.1M | $390.3M | $391.4M |
| Total assets | $4.03B | $4.01B | $4.14B | $3.99B | $4.06B | $3.99B |
| Total liabilities | $3.75B | $3.74B | $3.88B | $3.73B | $3.82B | $3.75B |
| Shareholders' equity | $281.0M | $270.7M | $266.0M | $255.1M | $240.9M | $237.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology