West Bancorp

West Bancorporation, Inc. is a bank holding company of West Bank, which is a business-focused community bank. The Bank offers all basic types of credit to its customers, including commercial, real estate, and consumer loans. West Bank also provides trust services, including the administration of estates, conservatorships, personal trusts and agency accounts. The Bank offers a range of deposit services, including checking, savings, money market accounts and time certificates of deposit. In addition, West Bank also offers Internet, mobile banking and treasury management services.

Company Growth (employees)
West Des Moines, US
Size (employees)
165 (est)
West Bancorp was founded in 1893 and is headquartered in West Des Moines, US

West Bancorp Office Locations

West Bancorp has offices in West Des Moines, Rochester and Coralville
West Des Moines, US (HQ)
1601 22ND ST
Coralville, US
401 10th Ave
Rochester, US
100 3147 Superior Dr NW

West Bancorp Financials and Metrics

West Bancorp Financials

West Bancorp's revenue was reported to be $65 m in FY, 2016

Revenue (Q3, 2017)

20.8 m

Gross profit (Q3, 2017)

17.3 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

6.4 m

EBIT (Q3, 2017)

15 m

Market capitalization (13-Nov-2017)

392.4 m

Cash (30-Sep-2017)

39.5 m


400.9 m
West Bancorp's current market capitalization is $392.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


52.7 m55.3 m60.1 m65 m

Revenue growth, %


Cost of goods sold

6 m7.9 m

Gross profit

54.2 m57.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


16.7 m17.1 m17.8 m18.1 m18.6 m19 m20.5 m20.8 m

Cost of goods sold

1.5 m1.4 m1.8 m1.9 m2 m2.4 m3.1 m3.5 m

Gross profit

15.3 m15.6 m15.9 m16.2 m16.6 m16.5 m17.4 m17.3 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


42.4 m39.8 m72.7 m76.8 m

Accounts Receivable

4 m4.4 m4.7 m5.3 m


1.4 b


7.5 m10 m11.6 m23.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


92 m86.1 m58.6 m34.7 m89 m82.1 m54.8 m56.7 m48.1 m50.9 m42.5 m46.8 m39.5 m


959 m1 b1.1 b1.1 b1.2 b1.2 b1.2 b1.3 b1.4 b1.4 b1.4 b1.4 b1.5 b


7.4 m8.8 m9.5 m10.6 m10.8 m10.9 m11.1 m17.3 m18.7 m21 m23 m23.1 m23.2 m

Total Assets

1.5 b1.5 b1.5 b1.5 b1.6 b1.7 b1.7 b1.8 b1.8 b1.8 b1.9 b1.9 b2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.9 m20 m21.7 m23 m

Depreciation and Amortization

786 k853 k921 k1 m

Accounts Payable

(1.7 m)(476 k)(196 k)1 m

Cash From Operating Activities

23.4 m26.3 m31 m30.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

12.6 m4.4 m9.1 m14.2 m5.1 m10.4 m5.4 m5.7 m11.2 m17 m6.1 m12.5 m18.9 m

Depreciation and Amortization

580 k200 k412 k623 k230 k460 k700 k241 k492 k740 k341 k673 k1 m

Accounts Receivable

39 k(616 k)(585 k)

Accounts Payable

(791 k)1.1 m(95 k)(39 k)152 k(516 k)
Y, 2017


26.7 x


18.2 x

Financial Leverage

11.4 x
Show all financial metrics

West Bancorp Operating Metrics

West Bancorp's Total Loans Issued was reported to be $1.4 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches


Total Loans Issued

$1.18 b$1.18 b$1.22 b$1.25 b$1.27 b$1.38 b$1.38 b$1.4 b$1.45 b$1.44 b

Non-accrual Loans

$1.56 m$1.59 m$2.88 m$1.38 m$1.29 m$1.05 m$1 m$1.02 m$920 k$817 k

Non-performing Loans

$1.94 m$2.07 m$3.25 m$1.46 m$1.31 m$1.07 m$1 m$1.02 m$920 k$817 k
Show all operating metrics

West Bancorp Market Value History

West Bancorp's Web-traffic and Trends

West Bancorp Company Life and Culture

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