West Bancorporation, Inc.

West Bancorporation, Inc.

WTBA·NASDAQ

$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
-1.26%
Return on Invested Capital
-134%
3Y-119.0%
5Y-117.0%
10Y-116.0%
12.24%
Return on Equity
16%
3Y-44.0%
5Y-16.0%
10Y-12.0%
0.79%
Return on Assets
31%
3Y-39.0%
5Y-23.0%
10Y-37.0%
West Bancorporation, Inc.

West Bancorporation, Inc. Management Team

WTBA · NASDAQ
MD

Mr. David D. Nelson

Chief Executive Officer, President & Director

Compensation

$988,592

Born 1961(Age 65)
male
MD

Mr. Douglas Ray Gulling

Director

Compensation

$115,894

Born 1954(Age 72)
male
MB

Mr. Brad Lee Winterbottom

Executive Vice President

Compensation

$563,400

Born 1957(Age 69)
male
MB

Mr. Bradley P. Peters

Executive Vice President

Compensation

$490,360

Born 1965(Age 61)
male
MH

Mr. Harlee N. Olafson

Executive Vice President & Chief Risk Officer

Compensation

$563,400

Born 1958(Age 68)
male
MJ

Ms. Jane M. Funk CPA

Executive Vice President, Treasurer & Chief Financial Officer

Compensation

$490,360

Born 1969(Age 57)
female
MM

Ms. Melissa L. Gillespie J.D.

Vice President, Assistant General Counsel & Corporate Secretary

female
wtba

West Bancorporation, Inc. Insider Positioning

WTBA · NASDAQ

During the last 12 months, insiders have sold $517K worth of WTBA shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

23.7K

517.10K

Net Activity

-517K

-$517K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
MGD

Milligan George D

Director

15.8K shares2 transactions

$345K

2
GDR

Gulling Douglas R

Director

7.9K shares1 transactions

$172K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $517K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

SEC Filings

WTBA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2025

N/A

March 03, 2026
December 31, 2025
2025
DEF 14A

DEF 14A 2024

N/A

March 04, 2025
December 31, 2024
2024
DEF 14A

DEF 14A 2023

N/A

March 05, 2024
December 31, 2023
2023
DEF 14A

DEF 14A

N/A

March 07, 2023
March 07, 2023
 
DEF 14A

DEF 14A 2021

N/A

March 10, 2022
December 31, 2021
2021
DEF 14A

DEF 14A 2020

N/A

March 01, 2021
December 31, 2020
2020
DEF 14A

DEF 14A 2019

N/A

February 27, 2020
December 31, 2019
2019
DEF 14A

DEF 14A 2018

N/A

February 28, 2019
December 31, 2018
2018
DEF 14A

DEF 14A 2017

N/A

March 01, 2018
December 31, 2017
2017
DEF 14A

DEF 14A 2016

N/A

March 01, 2017
December 31, 2016
2016
Showing 1 to 10 of 25 filings