West Bancorporation, Inc. (FRA:WB3)

West Bancorporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	166.67	166.22	142.92	107.1	95.59	90.67
Interest Income on Investments	25.67	23.84	17.38	16.25	11.7	9.57
Total Interest Income	192.34	190.07	160.31	123.35	107.28	100.23
Interest Paid on Deposits	92.34	97.28	66.8	22.63	7.95	11.26
Interest Paid on Borrowings	15.8	21.42	24.48	8.98	4.27	6.14
Total Interest Expense	108.14	118.7	91.27	31.61	12.22	17.4
Net Interest Income	84.2	71.36	69.03	91.74	95.06	82.83
Net Interest Income Growth (YoY)	23.27%	3.38%	-24.75%	-3.49%	14.76%	24.69%
Trust Income	3.52	3.45	3.07	2.71	2.67	2.08
Gain (Loss) on Sale of Assets	-0.05	-0.05	-0.03	-0.03	-	-
Gain (Loss) on Sale of Investments	-1.17	-1.17	-0.43	-	0.05	0.08
Other Non-Interest Income	4.37	4.36	4.91	5.33	4.66	5.09
Total Non-Interest Income	8.59	8.43	9.38	10.21	9.73	9.6
Non-Interest Income Growth (YoY)	-3.55%	-10.04%	-8.16%	4.92%	1.32%	15.44%
Revenues Before Loan Losses	92.78	79.8	78.41	101.95	104.79	92.44
Provision for Loan Losses	1	1	0.7	-2.5	-1.5	12
Revenue	91.78	78.8	77.71	104.45	106.29	80.44
Revenue Growth (YoY)	19.66%	1.40%	-25.60%	-1.73%	32.14%	8.48%
Salaries and Employee Benefits	26.4	25.08	23.95	22.48	20.65	19.28
Occupancy Expenses	0.86	-	-	-	-	-
Federal Deposit Insurance	2.59	2.56	1.75	1	1.82	1.21
Selling, General & Administrative	18.51	18.49	17.09	14.69	13.69	11.32
Other Non-Interest Expense	5.13	5.23	5.82	6.88	7.22	7.25
Total Non-Interest Expense	53.5	51.35	48.61	45.05	43.38	39.05
EBT Excluding Unusual Items	38.29	27.44	29.1	59.4	62.91	41.38
Pretax Income	38.29	27.44	29.79	59.4	62.91	41.38
Income Tax Expense	6.05	3.39	5.65	13	13.3	8.67
Net Income	32.23	24.05	24.14	46.4	49.61	32.71
Net Income to Common	32.23	24.05	24.14	46.4	49.61	32.71
Net Income Growth	50.07%	-0.36%	-47.98%	-6.47%	51.65%	14.02%
Basic Shares Outstanding	17	17	17	17	17	16
Diluted Shares Outstanding	17	17	17	17	17	17
Shares Change (YoY)	0.06%	0.87%	-0.29%	0.05%	1.66%	0.21%
EPS (Basic)	1.91	1.43	1.44	2.79	3.00	1.99
EPS (Diluted)	1.90	1.42	1.44	2.76	2.95	1.98
EPS Growth	49.66%	-1.39%	-47.83%	-6.44%	48.99%	13.79%
Dividend Per Share	1.000	1.000	1.000	1.000	0.940	0.840
Dividend Growth	300.00%	-	-	6.38%	11.91%	1.21%
Effective Tax Rate	15.81%	12.36%	18.96%	21.88%	21.14%	20.95%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.