Logo image of WTBA

WEST BANCORPORATION (WTBA) Stock Fundamental Analysis

NASDAQ:WTBA - Nasdaq - US95123P1066 - Common Stock - Currency: USD

18.7  -0.96 (-4.88%)

After market: 18.7 0 (0%)

Fundamental Rating

3

WTBA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 398 industry peers in the Banks industry. WTBA has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, WTBA is valued expensive at the moment. WTBA also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

WTBA had positive earnings in the past year.
In the past year WTBA had a positive cash flow from operations.
Each year in the past 5 years WTBA has been profitable.
In the past 5 years WTBA always reported a positive cash flow from operatings.
WTBA Yearly Net Income VS EBIT VS OCF VS FCFWTBA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

1.2 Ratios

With a Return On Assets value of 0.60%, WTBA is not doing good in the industry: 66.08% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 10.55%, WTBA is in the better half of the industry, outperforming 73.87% of the companies in the same industry.
Industry RankSector Rank
ROA 0.6%
ROE 10.55%
ROIC N/A
ROA(3y)0.84%
ROA(5y)0.99%
ROE(3y)14.42%
ROE(5y)15.39%
ROIC(3y)N/A
ROIC(5y)N/A
WTBA Yearly ROA, ROE, ROICWTBA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

WTBA has a Profit Margin of 30.14%. This is amongst the best in the industry. WTBA outperforms 83.42% of its industry peers.
WTBA's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for WTBA so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 30.14%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.97%
PM growth 5Y-4.74%
GM growth 3YN/A
GM growth 5YN/A
WTBA Yearly Profit, Operating, Gross MarginsWTBA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

1

2. Health

2.1 Basic Checks

WTBA does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WTBA has been increased compared to 1 year ago.
The number of shares outstanding for WTBA has been increased compared to 5 years ago.
WTBA has a better debt/assets ratio than last year.
WTBA Yearly Shares OutstandingWTBA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
WTBA Yearly Total Debt VS Total AssetsWTBA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

The Debt to FCF ratio of WTBA is 8.97, which is on the high side as it means it would take WTBA, 8.97 years of fcf income to pay off all of its debts.
WTBA has a worse Debt to FCF ratio (8.97) than 76.38% of its industry peers.
WTBA has a Debt/Equity ratio of 0.54. This is a neutral value indicating WTBA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.54, WTBA is doing worse than 77.64% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 8.97
Altman-Z N/A
ROIC/WACCN/A
WACC16.95%
WTBA Yearly LT Debt VS Equity VS FCFWTBA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
WTBA Yearly Current Assets VS Current LiabilitesWTBA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

5

3. Growth

3.1 Past

WTBA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.74%.
Measured over the past years, WTBA shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.04% on average per year.
WTBA shows a small growth in Revenue. In the last year, the Revenue has grown by 0.88%.
The Revenue has been growing slightly by 1.33% on average over the past years.
EPS 1Y (TTM)2.74%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%68.97%
Revenue 1Y (TTM)0.88%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%14.2%

3.2 Future

Based on estimates for the next years, WTBA will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.15% on average per year.
Based on estimates for the next years, WTBA will show a quite strong growth in Revenue. The Revenue will grow by 10.53% on average per year.
EPS Next Y12.2%
EPS Next 2Y15.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.21%
Revenue Next 2Y10.53%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
WTBA Yearly Revenue VS EstimatesWTBA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M 80M 100M
WTBA Yearly EPS VS EstimatesWTBA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

WTBA is valuated correctly with a Price/Earnings ratio of 12.47.
Compared to the rest of the industry, the Price/Earnings ratio of WTBA indicates a slightly more expensive valuation: WTBA is more expensive than 61.06% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.92, WTBA is valued rather cheaply.
WTBA is valuated reasonably with a Price/Forward Earnings ratio of 11.11.
63.32% of the companies in the same industry are cheaper than WTBA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of WTBA to the average of the S&P500 Index (21.65), we can say WTBA is valued slightly cheaper.
Industry RankSector Rank
PE 12.47
Fwd PE 11.11
WTBA Price Earnings VS Forward Price EarningsWTBA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, WTBA is valued a bit more expensive than 76.63% of the companies in the same industry.
Industry RankSector Rank
P/FCF 23.02
EV/EBITDA N/A
WTBA Per share dataWTBA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as WTBA's earnings are expected to grow with 15.15% in the coming years.
PEG (NY)1.02
PEG (5Y)N/A
EPS Next 2Y15.15%
EPS Next 3YN/A

More info and screens

8

5. Dividend

5.1 Amount

WTBA has a Yearly Dividend Yield of 5.25%, which is a nice return.
Compared to an average industry Dividend Yield of 3.63, WTBA pays a better dividend. On top of this WTBA pays more dividend than 86.68% of the companies listed in the same industry.
WTBA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
Industry RankSector Rank
Dividend Yield 5.25%

5.2 History

The dividend of WTBA has a limited annual growth rate of 3.82%.
WTBA has been paying a dividend for at least 10 years, so it has a reliable track record.
WTBA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.82%
Div Incr Years0
Div Non Decr Years13
WTBA Yearly Dividends per shareWTBA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

WTBA pays out 69.88% of its income as dividend. This is not a sustainable payout ratio.
The dividend of WTBA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP69.88%
EPS Next 2Y15.15%
EPS Next 3YN/A
WTBA Yearly Income VS Free CF VS DividendWTBA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M
WTBA Dividend Payout.WTBA Dividend Payout, showing the Payout Ratio.WTBA Dividend Payout.PayoutRetained Earnings

More info and screens

WEST BANCORPORATION

NASDAQ:WTBA (4/24/2025, 8:00:02 PM)

After market: 18.7 0 (0%)

18.7

-0.96 (-4.88%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-23 2025-01-23/bmo
Earnings (Next)04-24 2025-04-24/bmo
Inst Owners47.56%
Inst Owner Change1.11%
Ins Owners4.08%
Ins Owner Change3.63%
Market Cap314.72M
Analysts43.33
Price Target22.44 (20%)
Short Float %1.94%
Short Ratio9.96
Dividend
Industry RankSector Rank
Dividend Yield 5.25%
Yearly Dividend1
Dividend Growth(5Y)3.82%
DP69.88%
Div Incr Years0
Div Non Decr Years13
Ex-Date02-05 2025-02-05 (0.25)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.39%
Min EPS beat(2)10.69%
Max EPS beat(2)20.1%
EPS beat(4)3
Avg EPS beat(4)13.21%
Min EPS beat(4)-5.02%
Max EPS beat(4)27.09%
EPS beat(8)6
Avg EPS beat(8)8.71%
EPS beat(12)9
Avg EPS beat(12)6.46%
EPS beat(16)12
Avg EPS beat(16)6.82%
Revenue beat(2)0
Avg Revenue beat(2)-2.48%
Min Revenue beat(2)-4.56%
Max Revenue beat(2)-0.4%
Revenue beat(4)0
Avg Revenue beat(4)-1.65%
Min Revenue beat(4)-4.56%
Max Revenue beat(4)-0.4%
Revenue beat(8)0
Avg Revenue beat(8)-2.51%
Revenue beat(12)0
Avg Revenue beat(12)-2.87%
Revenue beat(16)3
Avg Revenue beat(16)-1.84%
PT rev (1m)-4.35%
PT rev (3m)-12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.56%
Valuation
Industry RankSector Rank
PE 12.47
Fwd PE 11.11
P/S 3.94
P/FCF 23.02
P/OCF 7.91
P/B 1.38
P/tB 1.38
EV/EBITDA N/A
EPS(TTM)1.5
EY8.02%
EPS(NY)1.68
Fwd EY9%
FCF(TTM)0.81
FCFY4.34%
OCF(TTM)2.37
OCFY12.65%
SpS4.74
BVpS13.54
TBVpS13.54
PEG (NY)1.02
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.6%
ROE 10.55%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 30.14%
GM N/A
FCFM 17.13%
ROA(3y)0.84%
ROA(5y)0.99%
ROE(3y)14.42%
ROE(5y)15.39%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.97%
PM growth 5Y-4.74%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 8.97
Debt/EBITDA N/A
Cap/Depr 702.02%
Cap/Sales 32.75%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 56.85%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score4
WACC16.95%
ROIC/WACCN/A
Cap/Depr(3y)1361.06%
Cap/Depr(5y)964.1%
Cap/Sales(3y)33.22%
Cap/Sales(5y)22.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.74%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%68.97%
EPS Next Y12.2%
EPS Next 2Y15.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.88%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%14.2%
Revenue Next Year12.21%
Revenue Next 2Y10.53%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y222.75%
FCF growth 3Y-34.72%
FCF growth 5Y-17.57%
OCF growth 1Y57.66%
OCF growth 3Y-11.73%
OCF growth 5Y1.49%