west bank provides full-service banking and trust services to businesses and consumers. with assets of $1.4 billion, the company conducts business in central & eastern iowa and rochester, mn. west bank locations are in des moines, iowa city, and coralville, iowa and rochester, mn. first and foremost a "community" bank, west bank has built a strong reputation for being responsive to local needs. west bank employees place a high priority on community involvement, lending their time and talents to a long list of civic and community projects. from its humble beginnings in 1893, one thing has not changed. every customer, from the smallest to the largest, deserves our full attention and top-notch customer service. we're are poised to meet the needs of those customer well into the 21st century.
Company profile
Ticker
WTBA
Exchange
CEO
David Nelson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
421230603
WTBA stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Mar 24
DEFA14A
Additional proxy soliciting materials
5 Mar 24
DEF 14A
Definitive proxy
5 Mar 24
10-K/A
2023 FY
Annual report (amended)
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
West Bancorporation, Inc. Announces Fourth Quarter and Year End 2023 Financial Results and Declares Quarterly Dividend
25 Jan 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
West Bancorporation, Inc. Announces Third Quarter 2023 Financial Results and Declares Quarterly Dividend
26 Oct 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
West Bancorporation, Inc. Announces Second Quarter 2023 Financial Results and Declares Quarterly Dividend
27 Jul 23
Transcripts
WTBA
Earnings call transcript
2023 Q4
25 Jan 24
WTBA
Earnings call transcript
2023 Q3
26 Oct 23
WTBA
Earnings call transcript
2023 Q2
27 Jul 23
WTBA
Earnings call transcript
2023 Q1
27 Apr 23
WTBA
Earnings call transcript
2022 Q4
26 Jan 23
WTBA
Earnings call transcript
2022 Q3
29 Oct 22
WTBA
Earnings call transcript
2022 Q2
29 Jul 22
WTBA
Earnings call transcript
2022 Q1
30 Apr 22
WTBA
Earnings call transcript
2021 Q4
28 Jan 22
WTBA
Earnings call transcript
2022 Q4
26 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 20.62 mm | 20.62 mm | 20.62 mm | 20.62 mm | 20.62 mm | 20.62 mm |
Cash burn (monthly) | 3.71 mm | 3.23 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 24.76 mm | 21.58 mm | n/a | n/a | n/a | n/a |
Cash remaining | -4.14 mm | -957.43 k | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.1 | -0.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
43.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 68 |
Opened positions | 5 |
Closed positions | 3 |
Increased positions | 19 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 117.22 bn |
Total shares | 7.21 mm |
Total puts | 300.00 |
Total calls | 2.50 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
FMR | 1.38 mm | $22.51 bn |
BLK Blackrock | 1.12 mm | $18.25 bn |
Vanguard | 703.24 k | $11.47 bn |
Dimensional Fund Advisors | 688.49 k | $11.23 bn |
WTBA West Bancorporation | 425.76 k | $6.94 bn |
STT State Street | 360.91 k | $5.89 bn |
Geode Capital Management | 316.07 k | $5.16 bn |
Legacy Bridge | 307.68 k | $5.02 bn |
Pacific Ridge Capital Partners | 267.72 k | $4.37 bn |
Renaissance Technologies | 214.35 k | $3.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Apr 24 | Nelson David D | COMMON STOCK | Gift | Acquire G | Yes | No | 0 | 9,946 | 0.00 | 98,034 |
2 Apr 24 | Nelson David D | COMMON STOCK | Gift | Dispose G | No | No | 0 | 9,946 | 0.00 | 105,137 |
25 Mar 24 | Olafson Harlee | COMMON STOCK | Payment of exercise | Dispose F | No | No | 17.1 | 8,163 | 139.59 k | 120,661 |
25 Mar 24 | Winterbottom Brad L | COMMON STOCK | Payment of exercise | Dispose F | No | No | 17.1 | 8,163 | 139.59 k | 132,775 |
25 Mar 24 | Funk Jane M | COMMON STOCK | Payment of exercise | Dispose F | No | No | 17.1 | 2,540 | 43.43 k | 53,767 |
25 Mar 24 | Gulling Douglas R | COMMON STOCK | Payment of exercise | Dispose F | No | No | 17.1 | 8,514 | 145.59 k | 57,434 |
News
Around $4M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying
23 Feb 24
West Bancorp Adapts to Economic Shifts to Support Investor Confidence
21 Feb 24
Monday Is Your Last Chance To Buy West Bancorp Before The Dividend Payout
1 Feb 24
West Bancorp Q4 2023 GAAP EPS $0.27 Misses $0.31 Estimate, Sales $18.26M Miss $18.82M Estimate
25 Jan 24
Earnings Scheduled For January 25, 2024
25 Jan 24