West Bancorporation, Inc.

West Bancorporation, Inc.

WTBAยทNASDAQ

$23.23

-3.1%
Financial ServicesBanks - Regional

West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

At a Glance

Live Snapshot
Market Cap$395.56M
EPS1.9200
P/E Ratio12.10
Earnings Date07/23/2026
West Bancorporation, Inc.

West Bancorporation, Inc. Fair Value Envelope

WTBA ยท NASDAQ

Our analysis suggests that WTBA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.23, this represents a potential HIDDEN relative to our calculated worth for West Bancorporation, Inc..

Intrinsic Value
Current Price: $23.23

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$416.5B
+ Cash & Equivalents$25.2M
Firm Value$416.6B
- Debt$106.4M
Equity Value$416.5B
/ Shares Outstanding16,940,785B
DCF Value$24.6K
UNDERVALUED BY 105727%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$93.0M
$185.9M
$371.8M
$743.7M
$1.5B
$3.0B
$5.9B
$11.9B
$23.8B
$47.6B
Maintenance CapEx
-$1.3M
-$2.7M
-$5.3M
-$10.6M
-$21.3M
-$42.6M
-$85.1M
-$170.3M
-$340.6M
-$681.2M
Owner Earnings
$91.6M
$183.3M
$366.5M
$733.0M
$1.5B
$2.9B
$5.9B
$11.7B
$23.5B
$46.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$84.8M
$157.1M
$290.9M
$538.8M
$997.8M
$1.8B
$3.4B
$6.3B
$11.7B
$21.7B
Terminal Value represents 88.7% of Enterprise Value