Company Reports Q1 Revenue of $26.9M, Below Consensus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy WTBA?
Reports Q1 revenue $26.9M, consensus $27.15M. Reports Q1 net interest margin on a fully tax-equivalent basis up 2.59% vs. last year. "Our priorities continue to center on our relationship building strategies to drive improvements in profitability and build shareholder value. Our net interest margin continues to expand and we saw net income increase 34.8 percent in the first quarter of 2026 compared to the first quarter of 2025," said CEO David Nelson.
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Analyst Views on WTBA
About WTBA
West Bancorporation, Inc., is a financial holding company. The Company owns West Bank (the Bank), which is a business-focused community bank. The Bank provides full-service community banking and trust services to customers. The Bank offers a range of credit to its customers, including commercial, real estate, and consumer loans. It also offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. The Company operates in markets, including central Iowa, which is generally the greater Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato, and St. Cloud. The Bank offers a full range of commercial and consumer deposit services, including checking, savings and money market accounts and time certificates of deposit. It also offers online banking, mobile banking, and treasury management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
West Bancorp (WTBA) Q1 2026 Earnings Transcript
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West Banc Q1 Earnings Beat Expectations
- Earnings Beat: West Banc reported Q1 GAAP EPS of $0.61, exceeding expectations by $0.03, indicating strong profitability that may bolster investor confidence.
- Revenue Miss: Revenue of $26.9 million, up 16.5% year-over-year, fell short of expectations by $0.25 million, suggesting increased market competition may be impacting revenue growth.
- Positive Outlook: The company signals margin expansion and robust deposit growth for 2026 following a $4 million securities repositioning, reflecting confidence in future growth prospects.
- Market Reaction: While revenue missed expectations, the earnings beat may provide short-term support for the stock price, prompting investors to monitor future market dynamics and strategic adjustments.
See More
West Banc Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: West Banc has declared a quarterly dividend of $0.25 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 4.23% reflects the company's attractiveness in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Shareholder Record Date: The dividend will be payable on May 20, with a record date of May 6 and an ex-dividend date also on May 6, providing investors with a clear timeline for their investment decisions.
- Future Outlook: West Banc's signals of margin expansion and robust deposit growth for 2026, combined with this dividend announcement, demonstrate the company's proactive strategies in capital management and business growth, which may further enhance market recognition of its stock.
See More
West Bancorporation Inc. Reports Q1 Net Income of $10.6 Million, or $0.61 per Share, in SEC Filing
- Financial Performance: West Bancorporation reported a net income of $10.6 million for Q1.
- Earnings Per Share: The earnings per share (EPS) for the quarter was $0.61.
- Regulatory Filing: The financial results were disclosed in a SEC filing.
- Overall Outlook: The results indicate a stable financial position for the corporation in the first quarter.
See More
West Banc Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: West Banc declares a quarterly dividend of $0.25 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability.
- Dividend Yield: The forward yield of 4.48% offers investors a relatively attractive return, enhancing the company's appeal among shareholders.
- Payment Schedule: The dividend is payable on February 25, with a record date of February 11 and an ex-dividend date also on February 11, ensuring shareholders receive their earnings promptly.
- Financial Transparency: West Banc provides a detailed dividend scorecard and historical earnings data, further bolstering investor confidence in the company's financial health.
See More
West Banc Q4 Earnings Miss Expectations
- Earnings Miss: West Banc reported a Q4 GAAP EPS of $0.43, missing expectations by $0.14, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Lags: The company's Q4 revenue reached $23.31 million, reflecting an 11.8% year-over-year increase, yet it fell short of market expectations by $3.39 million, highlighting intensified market competition and fluctuating customer demand.
- Financial Performance Insight: Despite year-over-year revenue growth, West Banc's overall financial performance did not meet analyst expectations, potentially putting pressure on future stock prices and affecting the company's financing capabilities.
- Market Reaction Outlook: Given the disappointing earnings report, investors may adopt a cautious stance towards West Banc's future performance, likely leading to increased stock price volatility in the short term.
See More
West Bancorp (WTBA) Q1 2026 Earnings Transcript
See More
West Banc Q1 Earnings Beat Expectations
- Earnings Beat: West Banc reported Q1 GAAP EPS of $0.61, exceeding expectations by $0.03, indicating strong profitability that may bolster investor confidence.
- Revenue Miss: Revenue of $26.9 million, up 16.5% year-over-year, fell short of expectations by $0.25 million, suggesting increased market competition may be impacting revenue growth.
- Positive Outlook: The company signals margin expansion and robust deposit growth for 2026 following a $4 million securities repositioning, reflecting confidence in future growth prospects.
- Market Reaction: While revenue missed expectations, the earnings beat may provide short-term support for the stock price, prompting investors to monitor future market dynamics and strategic adjustments.
See More
West Banc Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: West Banc has declared a quarterly dividend of $0.25 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 4.23% reflects the company's attractiveness in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Shareholder Record Date: The dividend will be payable on May 20, with a record date of May 6 and an ex-dividend date also on May 6, providing investors with a clear timeline for their investment decisions.
- Future Outlook: West Banc's signals of margin expansion and robust deposit growth for 2026, combined with this dividend announcement, demonstrate the company's proactive strategies in capital management and business growth, which may further enhance market recognition of its stock.
See More
West Bancorporation Inc. Reports Q1 Net Income of $10.6 Million, or $0.61 per Share, in SEC Filing
- Financial Performance: West Bancorporation reported a net income of $10.6 million for Q1.
- Earnings Per Share: The earnings per share (EPS) for the quarter was $0.61.
- Regulatory Filing: The financial results were disclosed in a SEC filing.
- Overall Outlook: The results indicate a stable financial position for the corporation in the first quarter.
See More
West Banc Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: West Banc declares a quarterly dividend of $0.25 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability.
- Dividend Yield: The forward yield of 4.48% offers investors a relatively attractive return, enhancing the company's appeal among shareholders.
- Payment Schedule: The dividend is payable on February 25, with a record date of February 11 and an ex-dividend date also on February 11, ensuring shareholders receive their earnings promptly.
- Financial Transparency: West Banc provides a detailed dividend scorecard and historical earnings data, further bolstering investor confidence in the company's financial health.
See More
West Banc Q4 Earnings Miss Expectations
- Earnings Miss: West Banc reported a Q4 GAAP EPS of $0.43, missing expectations by $0.14, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Lags: The company's Q4 revenue reached $23.31 million, reflecting an 11.8% year-over-year increase, yet it fell short of market expectations by $3.39 million, highlighting intensified market competition and fluctuating customer demand.
- Financial Performance Insight: Despite year-over-year revenue growth, West Banc's overall financial performance did not meet analyst expectations, potentially putting pressure on future stock prices and affecting the company's financing capabilities.
- Market Reaction Outlook: Given the disappointing earnings report, investors may adopt a cautious stance towards West Banc's future performance, likely leading to increased stock price volatility in the short term.
See More
