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West Bancorporation Inc

West Bancorporation Inc

WTBA
$27.04USD↓-2.06%-0.57 today

MARKET CAP

460.4M

P/E (TTM)

13.1x

FWD P/E

9.7x

DAY RANGE

$27 – $28

52W RANGE

$17
$28

AI Summary

Stalk
TrimMedium

The chart exhibits a Stage 4 decline with an active support failure and a clear series of lower highs and lower lows within a broader long-term uptrend. Intermediate EMAs slope down, capping rallies, and price trades below the 9/21 EMA and the 50 SMA. The OB/OS status is neutral, offering no clear exhaustion signal, while volume patterns reinforce continued selling pressure. We anticipate selling into rallies near the EMAs and structural resistance, deferring until a defined retest occurs.

  • ↑Q1 net income rose 35% YoY to $10.6M.
  • ↑Quarterly dividend of $0.25 yields ~3.69%.
  • ↓Loan portfolio stagnant at ~$3B due to notable payoffs.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

West Bancorporation Inc. (NASDAQ: WTBA) is a community bank focused on providing a diverse range of financial services across Minnesota and Iowa. The bank emphasizes relationship-driven banking solutions, placing a high priority on maintaining strong credit quality and fostering customer relationships to drive sustainable growth in its loan and deposit portfolios. In the context of a competitive banking landscape, West Bancorporation demonstrates a commitment to navigating economic uncertainties while capturing growth opportunities through prudent management strategies.

Bull says

  • ↑Q1 net income rose 35% YoY to $10.6M.
  • ↑Quarterly dividend of $0.25 yields ~3.69%.
  • ↑No non‐accrual loans; watch list down 20% YoY to 1.4%.
  • ↑Net interest margin up 31bps YoY, driven by asset repricing.
  • ↑Core deposits grew by $195M; strong pipeline of construction loans.
  • ↑High earnings yield and solid book‐to‐price ratio support valuation.

Bear says

  • ↓Loan portfolio stagnant at ~$3B due to notable payoffs.
  • ↓90% of watch list exposure concentrated in trucking sector.
  • ↓Growth and Profitability factor scores are negative, suggesting weaker momentum.
  • ↓Rising deposit costs risk compressing net interest margin.
  • ↓Economic uncertainty dampens loan demand across regional centers.
  • ↓High short interest and weak liquidity metrics signal investor skepticism.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 04-24-2026bullish

Transcript signals

Bull points

  • As we enter the second quarter, this trend will continue. However, we continue to backfill these payoffs with new opportunities at better interest rates.
  • We had a very strong quarter and look forward to continued earnings growth.
  • As the COVID era five-year duration assets reprice, our margin is expected to continue to improve.

Bear points

  • We still believe the new activity is mild due to economic and political issues we face.
  • 90% of our watch list is related to the trucking industry. The trucking industry continues to suffer through low freight, excess capacity, and high price of diesel. The industry has a history of going through cyclical times.
Read full transcript analysis ›