Jun 2026 (Q2 FY26) — Jul 23, 2026
West Bancorporation Q2 FY26 — Strong Profitability and Pristine Credit Quality
Read the full callWest Bancorporation earnings: last reported Thu, 23 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 11.1 | +38.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $19.84 on 22 Oct 2025 → $30.44. High $30.44 (23 Oct 2026), low $19.84 (22 Oct 2025).
Overview
Call summaries
West Bancorporation Q2 FY26 — Strong Profitability and Pristine Credit Quality
Read the full callEvery analysed call
Financials
Net profit, year on year: +39% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Profit before tax | 7 | 6 | 10 | 10 | 11 | 10 | 13 | 14 |
| Tax rate | 19.9% | −10.0% | 21.9% | 22.9% | 18.7% | 22.5% | 21.5% | 22.8% |
| Net profit | 6 | 7 | 8 | 8 | 9 | 7 | 11 | 11 |
| EPS ($ per share) | 0.35 | — | 0.47 | 0.47 | 0.55 | — | 0.62 | 0.65 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 170 | 185 | 204 | 238 | 268 | 271 | 279 | 294 |
| Total liabilities | 2,106 | 2,262 | 2,962 | 3,240 | 3,402 | 3,601 | 3,787 | 3,876 |
| Fixed assets | 21 | 30 | 29 | 35 | 53 | 86 | 110 | 108 |
| Total assets | 2,297 | 2,474 | 3,186 | 3,500 | 3,613 | 3,826 | 4,015 | 4,142 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 35 | 37 | 42 | 58 | 59 | 25 | 40 | 46 |
| Cash from investing | -189 | -155 | -367 | -537 | -358 | -169 | -27 | 93 |
| Cash from financing | 154 | 124 | 668 | 276 | 132 | 182 | 166 | 88 |
| Net cash flow | -0 | 6 | 343 | -204 | -166 | 39 | 178 | 228 |
| Capital expenditure | -0 | -1 | -2 | -9 | -21 | -36 | -26 | -3 |
| Free cash flow | 35 | 36 | 40 | 49 | 38 | -11 | 14 | 43 |
21 filings between Nov 11, 2025 and Apr 23, 2026.
Purchases
None
No insider bought shares.
Sales
$517.1K
3 sales by 2 insiders
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| MILLIGAN GEORGE D | — | $345.3K | Nov 24, 2025 |
| GULLING DOUGLAS R | — | $171.8K | Nov 11, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Apr 23, 2026 | Vaughan Therese M Director | Award | 1,430 | $0 |
| Apr 23, 2026 | GAER STEVEN K Director | Award | 1,430 | $0 |
| Apr 23, 2026 | McMurray Sean Patrick Director | Award | 1,430 | $0 |
| Apr 23, 2026 | Parson Rosemary Director | Award | 1,430 | $0 |
| Apr 23, 2026 | GULLING DOUGLAS R Director | Award | 1,430 | $0 |
| Apr 23, 2026 | Elming Lisa J Director | Award | 1,430 | $0 |
| Apr 23, 2026 | Sorensen John Kevin Director | Award | 1,430 | $0 |
| Mar 25, 2026 | Peters Bradley P Executive Vice President | Tax withheld | 6,111 | $144.9K |
| Mar 25, 2026 | WINTERBOTTOM BRAD L EXECUTIVE VICE PRESIDENT | Tax withheld | 6,162 | $146.1K |
| Mar 25, 2026 | NELSON DAVID D CEO & PRESIDENT | Tax withheld | 6,811 | $161.5K |
| Mar 25, 2026 | FUNK JANE M CFO | Tax withheld | 6,033 | $143.0K |
| Mar 25, 2026 | OLAFSON HARLEE CHIEF RISK OFFICER | Tax withheld | 6,334 | $150.2K |
| Feb 23, 2026 | WINTERBOTTOM BRAD L EXECUTIVE VICE PRESIDENT | Award | 15,000 | $0 |
| Feb 23, 2026 | NELSON DAVID D CEO & PRESIDENT | Award | 17,000 | $0 |
| Feb 23, 2026 | FUNK JANE M CFO | Award | 15,000 | $0 |
| Feb 23, 2026 | OLAFSON HARLEE CHIEF RISK OFFICER | Award | 15,000 | $0 |
| Feb 23, 2026 | Peters Bradley P Executive Vice President | Award | 15,000 | $0 |
| Feb 17, 2026 | NOYCE JAMES Director | Gift | 1,000 | $0 |
| Nov 24, 2025 | MILLIGAN GEORGE D Director | Sale | 10,000 | $217.1K |
| Nov 21, 2025 | MILLIGAN GEORGE D Director | Sale | 5,826 | $128.2K |
| Nov 11, 2025 | GULLING DOUGLAS R Director | Sale | 7,900 | $171.8K |
| May 6, 2025 | NELSON DAVID D CEO & PRESIDENT | Gift | 9,423 | $0 |
| May 6, 2025 | NELSON DAVID D CEO & PRESIDENT | Gift | 9,423 | $0 |
| Apr 24, 2025 | McMurray Sean Patrick Director | Award | 1,738 | $0 |
| Apr 24, 2025 | Elming Lisa J Director | Award | 1,738 | $0 |
| Apr 24, 2025 | Parson Rosemary Director | Award | 1,738 | $0 |
| Apr 24, 2025 | MILLIGAN GEORGE D Director | Award | 1,738 | $0 |
| Apr 24, 2025 | GULLING DOUGLAS R Director | Award | 1,738 | $0 |
| Apr 24, 2025 | Vaughan Therese M Director | Award | 1,738 | $0 |
| Apr 24, 2025 | NOYCE JAMES Director | Award | 1,738 | $0 |
| Apr 24, 2025 | GAER STEVEN K Director | Award | 1,738 | $0 |
| Mar 25, 2025 | NELSON DAVID D CEO & PRESIDENT | Tax withheld | 7,152 | $143.2K |
| Mar 25, 2025 | OLAFSON HARLEE CHIEF RISK OFFICER | Tax withheld | 7,335 | $146.8K |
| Mar 25, 2025 | FUNK JANE M CFO | Tax withheld | 5,238 | $104.9K |
| Mar 25, 2025 | Peters Bradley P Executive Vice President | Tax withheld | 5,629 | $112.7K |
| Mar 25, 2025 | WINTERBOTTOM BRAD L EXECUTIVE VICE PRESIDENT | Tax withheld | 6,980 | $139.7K |
| Feb 19, 2025 | NELSON DAVID D CEO & PRESIDENT | Purchase | 639 | $14.2K |
| Feb 17, 2025 | OLAFSON HARLEE CHIEF RISK OFFICER | Award | 15,000 | $0 |
| Feb 17, 2025 | FUNK JANE M CFO | Award | 15,000 | $0 |
| Feb 17, 2025 | Peters Bradley P Executive Vice President | Award | 15,000 | $0 |
| Feb 17, 2025 | WINTERBOTTOM BRAD L EXECUTIVE VICE PRESIDENT | Award | 15,000 | $0 |
| Feb 17, 2025 | NELSON DAVID D CEO & PRESIDENT | Award | 17,000 | $0 |
| Nov 20, 2024 | NELSON DAVID D CEO & PRESIDENT | Purchase | 592 | $14.1K |
| Nov 15, 2024 | GULLING DOUGLAS R Director | Gift | 2,209 | $0 |
| Nov 8, 2024 | GULLING DOUGLAS R Director | Sale | 397 | $9.4K |
| Nov 8, 2024 | GULLING DOUGLAS R Director | Sale | 3,603 | $85.0K |
| Nov 4, 2024 | GULLING DOUGLAS R Director | Code I | 2 | $43 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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