WTBA
Income statement / Annual
Last year (2023), West Bancorporation, Inc.'s total revenue was $78.40 M,
a decrease of 22.69% from the previous year.
In 2023, West Bancorporation, Inc.'s net income was $24.14 M.
See West Bancorporation, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$78.40 M
|
$101.41 M
|
$104.79 M
|
$92.44 M
|
$74.75 M
|
$69.81 M
|
$68.71 M
|
$65.10 M
|
$62.36 M
|
$58.37 M
|
| Cost of Revenue |
-$91.97 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$400,000.00 |
$542,000.00 |
$853,000.00 |
$1.11 M |
$895,000.00 |
| Gross Profit |
$170.37 M |
$101.41 M |
$104.79 M |
$92.44 M |
$74.75 M |
$69.41 M |
$68.16 M |
$64.25 M |
$61.26 M |
$57.48 M |
| Gross Profit Ratio |
2.17 |
1 |
1 |
1 |
1 |
0.99 |
0.99 |
0.99 |
0.98 |
0.98 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$30.50 M
|
$31.65 M
|
$27.51 M
|
$25.31 M
|
$24.93 M
|
$22.16 M
|
$20.99 M
|
$20.18 M
|
$19.23 M
|
$19.08 M
|
| Selling & Marketing
Expenses |
$163,000.00
|
$246,000.00
|
$224,000.00
|
$211,000.00
|
$230,000.00
|
$195,000.00
|
$224,000.00
|
$231,000.00
|
$253,000.00
|
$220,000.00
|
| Selling, General &
Administrative Expenses |
$41.04 M
|
$31.90 M
|
$27.51 M
|
$25.31 M
|
$24.93 M
|
$22.16 M
|
$20.99 M
|
$20.18 M
|
$19.23 M
|
$19.08 M
|
| Other Expenses |
$0.00 |
-$14.30 M |
-$69.39 M |
-$76.36 M |
-$1.37 M |
-$1.19 M |
-$435,000.00 |
-$418,000.00 |
-$228,000.00 |
-$188,000.00 |
| Operating Expenses |
$41.04 M |
$874,000.00 |
-$41.88 M |
-$51.05 M |
$23.56 M |
$24.24 M |
$1.08 M |
$774,000.00 |
$748,000.00 |
$944,000.00 |
| Cost And Expenses |
$41.04 M |
$874,000.00 |
-$41.88 M |
-$51.05 M |
$23.56 M |
$24.24 M |
$1.62 M |
$1.63 M |
$1.85 M |
$1.84 M |
| Interest Income |
$160.31 M |
$123.35 M |
$107.28 M |
$100.23 M |
$98.68 M |
$84.79 M |
$73.03 M |
$64.99 M |
$60.15 M |
$55.30 M |
| Interest Expense |
$91.27 M |
$31.61 M |
$12.22 M |
$17.40 M |
$32.25 M |
$22.74 M |
$12.98 M |
$7.88 M |
$5.99 M |
$6.16 M |
| Depreciation &
Amortization |
$1.86 M
|
$1.50 M
|
$1.50 M
|
$1.50 M
|
$1.43 M
|
$1.41 M
|
$1.35 M
|
$1.05 M
|
$4.81 M
|
$4.62 M
|
| EBITDA |
$31.64 M
|
$60.90 M
|
$64.41 M
|
$42.88 M
|
$36.86 M
|
$36.48 M
|
$37.79 M
|
$34.00 M
|
$32.37 M
|
$27.54 M
|
| EBITDA Ratio |
0.4 |
0.94 |
0.63 |
0.48 |
0.55 |
0.92 |
0.8 |
0.71 |
0.68 |
0.64 |
| Operating Income Ratio
|
0
|
0.9
|
0.6
|
0.45
|
0.48
|
0.83
|
0.72
|
0.63
|
0.6
|
0.56
|
| Total Other
Income/Expenses Net |
-$7.57 M
|
$0.00
|
-$9.04 M
|
-$8.46 M
|
$307,000.00
|
-$333,000.00
|
$0.00
|
-$4.80 M
|
-$6,000.00
|
$1.07 M
|
| Income Before Tax |
$29.79 M |
$59.40 M |
$62.91 M |
$41.38 M |
$35.74 M |
$35.07 M |
$36.44 M |
$32.95 M |
$31.44 M |
$26.69 M |
| Income Before Tax Ratio
|
0.38
|
0.59
|
0.6
|
0.45
|
0.48
|
0.5
|
0.53
|
0.51
|
0.5
|
0.46
|
| Income Tax Expense |
$5.65 M |
$13.00 M |
$13.30 M |
$8.67 M |
$7.05 M |
$6.56 M |
$13.37 M |
$9.94 M |
$9.70 M |
$6.65 M |
| Net Income |
$24.14 M |
$46.40 M |
$49.61 M |
$32.71 M |
$28.69 M |
$28.51 M |
$23.07 M |
$23.02 M |
$21.74 M |
$20.04 M |
| Net Income Ratio |
0.31 |
0.46 |
0.47 |
0.35 |
0.38 |
0.41 |
0.34 |
0.35 |
0.35 |
0.34 |
| EPS |
1.44 |
2.79 |
3 |
1.99 |
1.75 |
1.75 |
1.42 |
1.42 |
1.35 |
1.25 |
| EPS Diluted |
1.44 |
2.76 |
2.95 |
1.98 |
1.74 |
1.74 |
1.41 |
1.42 |
1.35 |
1.25 |
| Weighted Average Shares
Out |
$16.76 M
|
$16.62 M
|
$16.53 M
|
$16.45 M
|
$16.36 M
|
$16.28 M
|
$16.19 M
|
$16.12 M
|
$16.05 M
|
$16.00 M
|
| Weighted Average Shares
Out Diluted |
$16.75 M
|
$16.80 M
|
$16.79 M
|
$16.52 M
|
$16.48 M
|
$16.40 M
|
$16.34 M
|
$16.21 M
|
$16.10 M
|
$16.04 M
|
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