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WTBA

STRONG BUYFLAG

West Bancorporation, Inc. · Financial Services · United States · $464M · Avg Vol: $2M/d

85
StockRank
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Q
60
V
43
M
78
P/E (TTM)
13.0x
ROE
13.9%
D/E
1.4x
Dividend %
3.7%
AI CONVICTION THESIS

West Bancorporation has strong momentum at M73 but value at V44 is below the calibrated floor and quality exactly at Q60, so stage one fails.

COMPANY DESCRIPTION

West Bancorporation is the holding company for West Bank, a relationship-focused regional bank operating in Iowa, Minnesota, and South Dakota. The bank specializes in commercial banking services, targeting medium-sized businesses with customized lending and treasury management solutions. Its disciplined credit culture and highly efficient operating model have consistently generated above-peer return on assets and low non-performing loan ratios.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue101.9M79.1M79.1M94.5M-2.5%99.1M108.3M117.8M11.7%
EPS2.791.441.431.92-11.7%2.072.652.8221.1%
Shares16.6M16.7M16.8M16.9M+1.8%17.0M
Debt285.9M442.4M392.6M376.4M9.6%385.3M
Equity211.1M225.0M227.9M266.0M8.0%
Op CF59.4M25.2M39.8M46.5M-7.9%49.6M
Inv CF-357.8M-168.7M-27.3M93.3M
Fin CF132.1M182.3M165.7M87.8M
Loading 1Y...
PRICE (1Y)+9.7%
24.6025.3826.1526.9327.71Jun 12Jul 7Jul 27
SMA 50SMA 200
Close
$27.71
RSI (14)
63.4
52W High
$27.91
From 52W High
1.0%

SCORE BREAKDOWN

Quality
60
ROIC (ROA)
0.9%*33.9
ROE
13.9%70.9
GP/Assets
2.4%N/A
Op. Margin
51.8%73.7
FCF/Assets
1.1%N/A
Piotroski
683.6
Int. Cover
50.0
D/E Ratio
1.42xN/A
Current Ratio
bankN/A
Value
43
P/E (TTM)
13.0x51.3
EV/EBITDA
bankN/A
P/FCF
9.8xN/A
P/B
1.7x30.1
P/S
4.6x40.0
Div Yield
3.7%47.9
Momentum
78
52W High %
99%92.5
RS 6M
17%84.7
SMA 50/200
1.08x70.6
EPS Rev 4W
0.0%69.8
EPS Rev 12W
N/A
EPS Improve
+38%65.6
Q Growth
35%67.2

FUNDAMENTALS

Market Cap
$464M
P/E (Forward)
9.5x
Gross Margin

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of WTBA are excluded.

TickerCompanyMkt CapStockRankSignal
WTBAWest Bancorporation, Inc.(you)$464M85STRONG BUY
COFSChoiceOne Financial Services, Inc.$489M85STRONG BUY
FMAOFarmers & Merchants Bancorp, Inc.$426M85STRONG BUY
RBBRBB Bancorp$446M90STRONG BUY
BWFGBankwell Financial Group, Inc.$496M80STRONG BUY
CIVBCivista Bancshares, Inc.$594M83STRONG BUY
NEWTNewtekOne, Inc.$417M90STRONG BUY
FBIZFirst Business Financial Services, Inc.$562M82STRONG BUY
TSBKTimberland Bancorp, Inc.$343M87STRONG BUY
PLBCPlumas Bancorp$427M79BUY

Peer medians: ROE 9.4% · P/E 13.9x · Gross margin 100.0%

West Bancorporation, Inc. (WTBA) — Stock Score Summary

West Bancorporation, Inc. (WTBA) has a MoatMap StockRank of 85/100 based on Quality (60/100), Value (43/100), and Momentum (78/100) factor scores. The current signal is STRONG BUY. West Bancorporation has strong momentum at M73 but value at V44 is below the calibrated floor and quality exactly at Q60, so stage one fails.

West Bancorporation is the holding company for West Bank, a relationship-focused regional bank operating in Iowa, Minnesota, and South Dakota. The bank specializes in commercial banking services, targeting medium-sized businesses with customized lending and treasury management solutions. Its disciplined credit culture and highly efficient operating model have consistently generated above-peer return on assets and low non-performing loan ratios.

Key Financial Metrics

Price$27.71
Market Cap$464M
P/E (TTM)13.02
P/E (Forward)9.46
Price/Book1.70
Return on Equity13.9%
Debt/Equity1.42x
Operating Margin51.8%
Revenue Growth16.6%
Dividend Yield3.7%
Free Cash Flow$47M

West Bancorporation, Inc. operates in the Banks - Regional industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is West Bancorporation, Inc.’s (WTBA) StockRank?
MoatMap’s StockRank for West Bancorporation, Inc. (WTBA) is 85/100, with a Strong Buy signal. It is a composite of Quality (60), Value (43), and Momentum (78) factor ranks across MoatMap’s 20,000+ stock universe.
Does West Bancorporation, Inc. have an economic moat?
West Bancorporation, Inc. (WTBA) has a Quality factor score of 60/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is West Bancorporation, Inc. a buy, hold, or sell?
MoatMap’s current signal for West Bancorporation, Inc. (WTBA) is Strong Buy, based on a StockRank of 85/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is West Bancorporation, Inc. in?
West Bancorporation, Inc. (WTBA) operates in the Financial Services sector, specifically the Banks - Regional industry (United States).