West Bancorporation Inc
ir.westbankstrong.comWhat Do They Do?
Provides loans, deposit accounts and trust services to small and midsize businesses and consumers in Iowa and Minnesota.
10-K for FY2025, filed Feb 26, 2026West Bank provides full-service community banking and trust services to customers located primarily in the following metropolitan areas…View ↗
West Bank offers a full range of commercial and consumer deposit services, including checking, savings and money market accounts and time…View ↗
West Bank’s business strategy emphasizes strong business and personal relationships between West Bank and its customers and the delivery of…View ↗
How Do They Make Money?
West Bank earns interest on loans, its largest income source, and fees for deposit-account activity, debit-card transactions, and trust and investment-management services. Account fees apply monthly or when transactions are completed, while trust fees cover the period services are provided.
10-K for FY2025, filed Feb 26, 2026
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10-K for FY2025, filed Feb 26, 2026
FY2025 revenue by product or service (Revenue from contract with customer) ↗
$192.2M
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10-K for FY2025, filed Feb 26, 2026
$192.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Deposit accounts
|
27%
FY2022: 32%
|
Deposit accounts, FY2025
$1.9M Sources
|
|
|
Debit cards
Usage-based
10-K for FY2025, filed Feb 26, 2026 |
26%
FY2022: 29%
|
Debit cards, FY2025
$1.9M Sources
|
Usage-based |
|
Trust services
Recurring
10-K for FY2025, filed Feb 26, 2026 |
47%
FY2022: 39%
|
Trust services, FY2025
$3.4M Sources
|
Recurring |
Who Are Their Customers?
West Bank serves small and midsize businesses and consumers in its Iowa and Minnesota markets with loans, deposit services and trust services.
10-K for FY2025, filed Feb 26, 2026
Do Revenues Turn Into Profits?
Yes. It kept 17 cents of every revenue dollar as net income in FY2025 and turned 22 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Jul 23, 2026
Open tableView ↗
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