WTBA
Income statement / Annual
Last year (2024), West Bancorporation, Inc.'s total revenue was $197.84 M,
an increase of 16.55% from the previous year.
In 2024, West Bancorporation, Inc.'s net income was $24.05 M.
See West Bancorporation, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$197.84 M |
$169.75 M |
$133.56 M |
$116.42 M |
$109.37 M |
$106.99 M |
$92.55 M |
$81.68 M |
$72.12 M |
$67.44 M |
| Cost of Revenue |
$119.70 M
|
$91.97 M
|
$29.11 M
|
$10.72 M
|
$29.40 M
|
$32.85 M
|
$22.49 M
|
$12.98 M
|
$8.88 M
|
$6.84 M
|
| Gross Profit |
$78.13 M
|
$77.78 M
|
$104.45 M
|
$105.70 M
|
$79.97 M
|
$74.15 M
|
$70.06 M
|
$68.71 M
|
$63.24 M
|
$60.59 M
|
| Gross Profit Ratio |
0.39
|
0.46
|
0.78
|
0.91
|
0.73
|
0.69
|
0.76
|
0.84
|
0.88
|
0.9
|
| 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 |
$31.80 M
|
$30.50 M
|
$27.65 M
|
$26.31 M
|
$27.77 M
|
$25.75 M
|
$23.17 M
|
$21.94 M
|
$22.22 M
|
$21.11 M
|
| Selling & Marketing Expenses |
$97.00 K
|
$163.00 K
|
$0.00
|
$224.00 K
|
$211.00 K
|
$230.00 K
|
$0.00
|
$0.00
|
$231.00 K
|
$253.00 K
|
| Selling, General & Administrative Expenses |
$31.89 M
|
$30.66 M
|
$27.65 M
|
$26.54 M
|
$27.98 M
|
$25.75 M
|
$23.17 M
|
$21.94 M
|
$22.45 M
|
$21.36 M
|
| Other Expenses |
$18.80 M
|
$17.33 M
|
$17.40 M
|
$16.25 M
|
$10.61 M
|
$12.65 M
|
$11.82 M
|
$10.33 M
|
$7.84 M
|
$7.80 M
|
| Operating Expenses |
$50.69 M
|
$47.99 M
|
$45.05 M
|
$42.79 M
|
$38.59 M
|
$38.41 M
|
$34.99 M
|
$32.27 M
|
$30.29 M
|
$29.16 M
|
| Cost And Expenses |
$170.39 M
|
$139.96 M
|
$74.16 M
|
$53.51 M
|
$67.99 M
|
$71.25 M
|
$57.48 M
|
$45.24 M
|
$39.17 M
|
$36.00 M
|
| Interest Income |
$190.07 M
|
$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
|
| Interest Expense |
$118.70 M
|
$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
|
| Depreciation & Amortization |
$6.92 M
|
$5.15 M
|
$4.46 M
|
$3.62 M
|
$3.39 M
|
$5.07 M
|
$6.35 M
|
$5.50 M
|
$5.34 M
|
$4.81 M
|
| EBITDA |
$34.37 M |
$34.94 M |
$63.86 M |
$66.52 M |
$44.77 M |
$40.81 M |
$41.42 M |
$41.94 M |
$38.29 M |
$36.25 M |
| EBITDA Ratio |
0.17
|
0.21
|
0.48
|
0.57
|
0.41
|
0.38
|
0.45
|
0.51
|
0.53
|
0.54
|
| Operating Income Ratio |
0.14
|
0.18
|
0.44
|
0.54
|
0.38
|
0.33
|
0.38
|
0.45
|
0.46
|
0.47
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$27.44 M
|
$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
|
| Income Before Tax Ratio |
0.14
|
0.18
|
0.44
|
0.54
|
0.38
|
0.33
|
0.38
|
0.45
|
0.46
|
0.47
|
| Income Tax Expense |
$3.39 M
|
$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
|
| Net Income |
$24.05 M
|
$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
|
| Net Income Ratio |
0.12
|
0.14
|
0.35
|
0.43
|
0.3
|
0.27
|
0.31
|
0.28
|
0.32
|
0.32
|
| EPS |
1.43 |
1.44 |
2.79 |
3 |
1.99 |
1.75 |
1.75 |
1.42 |
1.42 |
1.35 |
| EPS Diluted |
1.42 |
1.44 |
2.76 |
2.95 |
1.98 |
1.74 |
1.74 |
1.41 |
1.42 |
1.35 |
| Weighted Average Shares Out |
$16.83 M
|
$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
|
| Weighted Average Shares Out Diluted |
$16.90 M
|
$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
|
| Link |
|
|
|
|
|
|
|
|
|
|
