secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001166928-26-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation Q1 net income $10.6M ($0.61 EPS), up 36% YoY; dividend $0.25
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- Net income $10.6M ($0.61 diluted EPS) vs $7.8M ($0.46) in Q1 2025 and $7.4M ($0.43) in Q4 2025.
- Net interest margin (FTE) 2.59% vs 2.28% YoY and 2.47% QoQ; net interest income $24.4M.
- Declared $0.25/share quarterly dividend, payable May 20, 2026 to record May 6, 2026.
- No credit loss expense; no nonaccrual loans; watch list loans down to $41.3M from $52.2M.
- Efficiency ratio improved to 49.85% from 56.37% YoY; tangible common equity ratio 6.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692826000024/0001166928-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692826000024/wtba-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001166928-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer