Reading WTBA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WTBA free→Reading WTBA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WTBA free→NASDAQFinancialsBanks - RegionalSnapshot 2026-06-15
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong, while earnings quality is neutral and management's recent track record has been steady. Risk is moderate, and the sector backdrop is a headwind, with WTBA trading above typical levels compared to sector peers. Peer multiples imply a price about 6% above where it trades (it looks cheap on this basis); the read is fair. The outlook hinges on guidance changes, as a cut could negatively impact estimates, while positive sector trends could provide momentum. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 5 valuation methods, at three horizons. Current price $24.63. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $25 WTBA trades at 12× p/e, below its 12× p/e peer median. Our $26 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 6% below a flat-multiple fair value, below our forecast of about 7%. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated strong grew net income 67% of the time over the next year (vs 54% for the rest of the cohort, n=3733).
Over the trailing year it converted 1.41x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 58% of the time over the next year (vs 55% for the rest of the cohort, n=4725).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.63 → $0.63 (+0.0% / 30d). 1 raised, 0 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 0.0% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$115.
How much price usually moves either way.
On a bad day, this stock has moved -$274.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,484.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A drop in revenue growth signals a slowdown in the financial sector. This could hurt West Bancorporation's performance.
Confirms:Revenue growth falls below the median of 15% over the past three years.
Disproves:Revenue growth remains at or above the median of 15%.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for WTBA yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On April 23, 2026, West Bancorporation, Inc. (the "Company") issued a press release announcing its first quarter earnings results for the period ended March 31, 2026, and the declaration of a quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 193…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Regional Banks.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
WTBA WEST BANCORPORATION INC | Above typical Show detailsSector percentile: 77 of 100 | fair | moderate |
HDB HDFC BANK LTD | — | — | moderate |
IBN ICICI BANK LTD | — | — | moderate |
ITUB ITAU UNIBANCO HOLDING SA | — | — | moderate |
FITB Fifth Third Bancorp | Below typical Show detailsSector percentile: 2 of 100 | expensive | moderate |
1 material management or governance event in the past 24 months, led by executive changes. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 56% for the rest of the cohort, n=3736).
Not investment advice. As of 2026-06-15.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
No qualifying priorities for this snapshot. Check back after the next refresh.
Why it matters: Retail sales data shows how much people are spending. This impacts the economy and banks.
Confirms one read:Retail sales increase more than 0.5% month over month.
Confirms the other:Retail sales decrease or grow less than 0.5% month over month.
Why it matters: Interest rate changes can affect bank profits. This can change West Bancorporation's earnings.
Confirms one read:FOMC raises interest rates during the June 17 meeting.
Confirms the other:FOMC keeps interest rates unchanged during the June 17 meeting.
Results of Operations and Financial Condition. On January 29, 2026, West Bancorporation, Inc. (the "Company") issued a press release announcing its fourth quarter earnings results for the period ended December 31, 2025, and the declaration of a quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act…
Results of Operations and Financial Condition. On October 23, 2025, West Bancorporation, Inc. (the "Company") issued a press release announcing its third quarter earnings results for the period ended September 30, 2025, and the declaration of a quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 14, 2025, James W. Noyce, age 70, director of West Bancorporation, Inc. (the "Company"), informed the Company that he would not stand for re-election to the board of directors of the Company at the Company's annual meeting of shareholders to be held in April of 2026 (the "2026 Annual Meeting"). Mr. Noyce will continue to serve as a direct…
Results of Operations and Financial Condition. On July 24, 2025, West Bancorporation, Inc. (the "Company") issued a press release announcing its second quarter earnings results for the period ended June 30, 2025, and the declaration of a quarterly dividend. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished in this item of this Form 8-K, and the related exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934…