WEST BANCORPORATION INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $91.3M | $31.6M | $12.2M |
| Pretax income | $41.4M | $27.4M | $29.8M | $59.4M | $62.9M |
| Income tax expense | $8.9M | $3.4M | $5.6M | $13.0M | $13.3M |
| Net income | $32.6M | $24.1M | $24.1M | $46.4M | $49.6M |
| Balance Sheet | |||||
| Total assets | $4.1B | $4.0B | $3.8B | $3.6B | $3.5B |
| Total liabilities | $3.9B | $3.8B | $3.6B | $3.4B | $3.2B |
| Stockholders' equity | $266.0M | $227.9M | $225.0M | $211.1M | $260.3M |
| Cash Flow Statement | |||||
| Cash from operations | $46.5M | $39.8M | $25.2M | $59.4M | $57.9M |
| Depreciation and amortization | $4.5M | $3.7M | $1.9M | $1.5M | $1.5M |
| Stock-based compensation | $2.7M | $2.5M | $3.1M | $3.4M | $2.6M |
| Capital expenditure | $3.3M | $26.1M | $36.4M | $21.3M | $8.7M |
| Free cash flow | $43.2M | $13.7M | -$11.1M | $38.1M | $49.1M |
| Dividends paid | $16.9M | $16.8M | $16.7M | $16.6M | $15.5M |
Shares outstanding 17.0M · Free float 95.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.