West Bancorporation, Inc. (WTBA)

Income Statement (Quarterly)

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	+45 Quarters
Revenue	26.97	26.95	26.89	27.37	25.09	20.59	20.34	19.52	19.98	19.13	18.97	18.04	18.01	17.36	18.2	17.32	17.18	17.45	17.3	17.41	16.55	16.26	16.44	15.68	15.73	16.17	15.44	15.08	14.82	15.24	14.81	14.28	14.36	13.83	14.76	13.55	12.9	12.62	12.51	13.74	Upgrade
Revenue Growth (YoY)	7.50%	30.86%	32.22%	40.17%	25.53%	7.66%	7.17%	8.23%	10.97%	10.20%	4.25%	4.13%	4.83%	-0.54%	5.24%	-0.50%	3.81%	7.36%	5.20%	11.05%	5.21%	0.54%	6.47%	3.98%	6.11%	6.12%	4.25%	5.54%	3.22%	10.19%	0.37%	5.42%	11.37%	9.55%	18.00%	-1.36%	2.51%	-2.54%	-0.25%	13.73%	Upgrade
Gross Profit	26.97	26.95	26.89	27.37	25.09	20.59	20.34	19.52	19.98	19.13	18.97	18.04	18.01	17.36	18.2	17.32	17.18	17.45	17.3	17.41	16.55	16.26	16.44	15.68	15.73	16.17	15.44	15.08	14.82	15.24	14.81	14.28	14.36	13.83	14.76	13.55	12.9	12.62	12.51	13.74	Upgrade
Selling, General & Admin	8.39	8.46	8.23	7.97	7.91	7.84	7.67	7.48	7.6	7.3	7.95	7.95	7.86	7.14	7.14	7.15	6.9	6.76	6.58	6.78	6.63	6.18	6.23	6.27	6.26	6.03	6.1	5.99	6.01	6.1	6.01	5.98	6.06	5.73	5.95	5.98	5.69	5.19	5.61	5.36	Upgrade
Other Operating Expenses	2.27	3.41	2.49	2.56	2.36	2.07	2.39	1.93	2.06	2.28	1.59	1.8	1.69	2.04	1.42	1.81	1.39	1.28	1.44	1.39	1.42	1.36	1.77	1.55	1.54	1.6	1.45	1.45	1.44	3.15	1.38	1.39	1.94	2.01	2.46	1.44	1.56	1.69	1.5	2.45	Upgrade
Operating Expenses	10.66	11.87	10.71	10.53	10.27	9.92	10.06	9.42	9.66	9.58	9.54	9.75	9.54	9.19	8.56	8.96	8.29	8.03	8.02	8.17	8.04	7.54	7.99	7.82	7.8	7.63	7.55	7.44	7.45	9.25	7.39	7.36	8	7.74	8.41	7.42	7.25	6.89	7.1	7.81	Upgrade
Operating Income	16.31	15.08	16.18	16.84	14.82	10.68	10.28	10.11	10.32	9.55	9.44	8.29	8.46	8.17	9.64	8.36	8.89	9.42	9.28	9.24	8.51	8.72	8.45	7.86	7.93	8.54	7.89	7.63	7.38	5.99	7.43	6.92	6.36	6.08	6.34	6.14	5.65	5.74	5.4	5.92	Upgrade
Pretax Income	16.31	15.08	16.18	16.84	14.82	10.68	10.28	10.11	10.32	9.55	9.44	8.29	8.46	8.17	9.64	8.36	8.89	9.42	9.28	9.24	8.51	8.72	8.45	7.86	7.93	8.54	7.89	7.63	7.38	5.99	7.43	6.92	6.36	6.08	6.34	6.14	5.65	5.74	5.4	5.92	Upgrade
Income Tax	3.12	3.17	3.47	3.6	3.06	2.13	2.18	2.14	2.23	1.95	1.91	1.63	1.57	0.95	2.51	1.6	1.51	5.23	2.87	2.87	2.4	2.69	2.63	2.38	2.23	2.6	2.47	2.36	2.27	0.15	2.36	2.18	1.96	1.8	1.98	1.84	1.7	1.84	1.65	1.54	Upgrade
Net Income	13.18	11.91	12.71	13.24	11.75	8.55	8.1	7.97	8.09	7.61	7.53	6.66	6.9	7.23	7.13	6.76	7.38	4.19	6.41	6.37	6.11	6.03	5.81	5.48	5.7	5.94	5.43	5.27	5.1	5.84	5.06	4.74	4.4	4.28	4.36	4.3	3.95	3.9	3.75	4.38	Upgrade
Net Income Common	13.18	11.91	12.71	13.24	11.75	8.55	8.1	7.97	8.09	7.61	7.53	6.66	6.9	7.23	7.13	6.76	7.38	4.19	6.41	6.37	6.11	6.03	5.81	5.48	5.7	5.94	5.43	5.27	5.1	5.84	5.06	4.74	4.4	4.28	4.36	4.3	3.95	3.9	3.75	4.38	Upgrade
Net Income Growth	12.19%	39.23%	56.86%	66.13%	45.28%	12.45%	7.63%	19.69%	17.25%	5.26%	5.51%	-1.57%	-6.57%	72.32%	11.37%	6.27%	20.93%	-30.46%	10.18%	16.23%	7.20%	1.52%	7.13%	3.87%	11.62%	1.76%	7.17%	11.25%	15.98%	36.34%	16.04%	10.26%	11.45%	9.82%	16.29%	-1.94%	-0.73%	4.47%	21.70%	108.02%	Upgrade
Shares Outstanding (Basic)	17	17	17	17	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	17	17	17	17	17	Upgrade
EPS (Basic)	0.80	0.72	0.77	0.80	0.71	0.52	0.49	0.48	0.49	0.46	0.46	0.41	0.42	0.44	0.44	0.42	0.46	0.25	0.40	0.39	0.38	0.38	0.36	0.34	0.35	0.37	0.34	0.33	0.32	0.36	0.32	0.30	0.28	0.27	0.27	0.25	0.23	0.22	0.22	0.25	Upgrade
EPS (Diluted)	0.78	0.70	0.76	0.79	0.70	0.52	0.49	0.48	0.49	0.46	0.46	0.41	0.42	0.44	0.43	0.41	0.45	0.25	0.39	0.39	0.37	0.37	0.36	0.34	0.35	0.37	0.34	0.33	0.32	0.36	0.32	0.30	0.27	0.27	0.27	0.25	0.23	0.23	0.22	0.25	Upgrade
EPS Growth	11.43%	34.62%	55.10%	64.58%	42.86%	13.04%	6.52%	17.07%	16.67%	4.54%	6.98%	-	-6.67%	76.00%	10.26%	5.13%	21.62%	-32.43%	8.33%	14.71%	5.71%	-	5.88%	3.03%	9.38%	2.78%	6.25%	10.00%	18.52%	33.33%	18.52%	20.00%	17.39%	17.39%	22.73%	-	-	9.52%	22.22%	108.33%	Upgrade
Free Cash Flow Per Share	0.52	0.79	0.64	0.68	0.85	0.58	0.45	0.78	0.63	0.57	0.63	0.59	0.44	0.47	0.61	0.45	0.59	0.44	0.43	0.44	0.44	0.33	0.32	0.35	0.07	0.50	0.35	0.55	0.39	0.40	0.40	0.37	0.33	0.23	0.62	0.17	0.28	0.56	0.22	0.16	Upgrade
Dividend Per Share	0.250	0.240	0.240	0.240	0.220	0.210	0.210	0.210	0.210	0.210	0.210	0.210	0.200	0.200	0.200	0.200	0.180	0.180	0.180	0.180	0.170	0.170	0.170	0.170	0.160	0.160	0.160	0.160	0.140	0.140	0.120	0.120	0.110	0.110	0.110	0.100	0.100	0.100	0.100	0.080	Upgrade
Dividend Growth	13.64%	14.29%	14.29%	14.29%	4.76%	-	-	-	5.00%	5.00%	5.00%	5.00%	11.11%	11.11%	11.11%	11.11%	5.88%	5.88%	5.88%	5.88%	6.25%	6.25%	6.25%	6.25%	14.29%	14.29%	33.33%	33.33%	27.27%	27.27%	9.09%	20.00%	10.00%	10.00%	10.00%	25.00%	25.00%	42.86%	100.00%	60.00%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	60.46%	55.95%	60.16%	61.53%	59.06%	51.85%	50.53%	51.76%	51.65%	49.94%	49.74%	45.94%	47.00%	47.08%	52.96%	48.28%	51.76%	53.98%	53.63%	53.06%	51.40%	53.63%	51.38%	50.12%	50.42%	52.80%	51.11%	50.63%	49.77%	39.28%	50.13%	48.45%	44.28%	44.00%	42.99%	45.28%	43.81%	45.45%	43.19%	43.12%	Upgrade
Profit Margin	48.89%	44.19%	47.26%	48.38%	46.85%	41.54%	39.83%	40.82%	40.48%	39.77%	39.66%	36.91%	38.31%	41.63%	39.19%	39.05%	42.98%	24.03%	37.03%	36.56%	36.90%	37.10%	35.36%	34.93%	36.21%	36.75%	35.14%	34.97%	34.43%	38.32%	34.18%	33.18%	30.64%	30.97%	29.57%	31.72%	30.62%	30.89%	30.00%	31.91%	Upgrade
Free Cash Flow Margin	31.77%	48.65%	39.67%	41.19%	56.15%	46.17%	36.17%	65.90%	51.23%	48.74%	54.68%	53.71%	39.63%	44.21%	54.61%	42.49%	55.65%	41.19%	40.16%	40.92%	42.56%	33.13%	31.55%	36.49%	7.66%	50.11%	36.04%	57.98%	42.41%	41.98%	43.30%	41.91%	36.26%	26.11%	67.11%	21.14%	37.33%	77.28%	31.15%	20.79%	Upgrade
Effective Tax Rate	19.14%	21.02%	21.45%	21.38%	20.67%	19.90%	21.18%	21.14%	21.63%	20.37%	20.26%	19.66%	18.49%	11.56%	26.01%	19.13%	16.96%	55.48%	30.94%	31.09%	28.22%	30.82%	31.18%	30.30%	28.17%	30.41%	31.25%	30.93%	30.83%	2.46%	31.81%	31.52%	30.81%	29.62%	31.22%	29.94%	30.11%	32.03%	30.53%	26.01%	Upgrade
EBITDA	16.61	15.44	16.56	17.23	15.19	11.05	10.65	10.48	10.7	9.92	9.8	8.64	8.81	8.53	9.99	8.71	9.25	9.76	9.61	9.57	8.85	9.02	8.7	8.11	8.17	8.76	8.13	7.86	7.61	6.22	7.64	7.13	6.56	6.29	6.54	6.33	5.83	5.92	5.58	6.1	Upgrade
EBITDA Margin	61.60%	57.29%	61.59%	62.94%	60.54%	53.64%	52.39%	53.70%	53.52%	51.87%	51.65%	47.90%	48.92%	49.12%	54.89%	50.31%	53.82%	55.93%	55.56%	54.97%	53.46%	55.52%	52.89%	51.72%	51.95%	54.17%	52.66%	52.16%	51.32%	40.79%	51.56%	49.93%	45.67%	45.49%	44.35%	46.72%	45.23%	46.89%	44.60%	44.38%	Upgrade
Depreciation & Amortization	0.31	0.36	0.38	0.39	0.37	0.37	0.38	0.38	0.38	0.37	0.36	0.35	0.35	0.36	0.35	0.35	0.35	0.34	0.33	0.33	0.34	0.31	0.25	0.25	0.24	0.22	0.24	0.23	0.23	0.23	0.21	0.21	0.2	0.21	0.2	0.2	0.18	0.18	0.18	0.17	Upgrade
EBIT	16.31	15.08	16.18	16.84	14.82	10.68	10.28	10.11	10.32	9.55	9.44	8.29	8.46	8.17	9.64	8.36	8.89	9.42	9.28	9.24	8.51	8.72	8.45	7.86	7.93	8.54	7.89	7.63	7.38	5.99	7.43	6.92	6.36	6.08	6.34	6.14	5.65	5.74	5.4	5.92	Upgrade
EBIT Margin	60.46%	55.95%	60.16%	61.53%	59.06%	51.85%	50.53%	51.76%	51.65%	49.94%	49.74%	45.94%	47.00%	47.08%	52.96%	48.28%	51.76%	53.98%	53.63%	53.06%	51.40%	53.63%	51.38%	50.12%	50.42%	52.80%	51.11%	50.63%	49.77%	39.28%	50.13%	48.45%	44.28%	44.00%	42.99%	45.28%	43.81%	45.45%	43.19%	43.12%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).