Highest-materiality recent filing
West Bancorporation Q2 net income $11.1M ($0.64 EPS), up 38% YoY; dividend raised to $0.26
Net income $11.1M ($0.64 diluted EPS) vs $8.0M ($0.47) in Q2 2025, up 38.8% YoY.
Eight directors elected: Lisa J. Elming, Steven K. Gaer, Douglas R. Gulling, Sean P. McMurray, David D. Nelson, Rosemary Parson, John K. Sorensen, Therese M. Vaughan with over 10.6M votes each.
West Bancorporation Q1 net income $10.6M ($0.61 EPS), up 36% YoY; dividend $0.25
Net income $10.6M ($0.61 diluted EPS) vs $7.8M ($0.46) in Q1 2025 and $7.4M ($0.43) in Q4 2025.
West Bancorp FY2025 net income $32.6M ($1.92 EPS) vs $24.1M; declares $0.25 dividend
Full-year 2025 net income $32.6M ($1.92 dil. EPS) vs $24.1M ($1.42) in 2024, up 35% YoY.
West Bancorp Q3 net income $9.3M ($0.55 EPS), NIM 2.36%; dividend $0.25
Net income $9.3M ($0.55 diluted EPS) vs Q2 $8.0M ($0.47) and Q3 2024 $6.0M ($0.35); YoY up 56%.
Director James W. Noyce not seeking re-election at 2026 annual meeting
James W. Noyce, 70, informed West Bancorporation he will not stand for re-election at the April 2026 annual meeting.
West Bancorporation Q2 net income $8.0M ($0.47/sh); dividend $0.25; pristine credit
Net income $8.0M ($0.47 diluted EPS) vs $5.2M ($0.31) in Q2 2024, up 54%.
West Bancorp holds investor meetings but presentation content not disclosed in filing
Company presented to select investors on June 12, 2025, per Item 7.01 disclosure.
West Bancorporation shareholders elect all director nominees and ratify auditor at annual meeting
Ten directors elected with over 10M votes each and approximately 3.4M broker non-votes.
Net income $7.8M ($0.46 diluted EPS) vs Q1 2024 $5.8M ($0.35) and Q4 2024 $7.1M ($0.42).
Q4 net income $7.1M ($0.42 EPS) vs Q3 $6.0M and Q4 '23 $4.5M; FY net income $24.1M ($1.42) flat YoY.
West Bancorp Q3 net income $6.0M ($0.35 EPS); dividend $0.25 declared
Diluted EPS $0.35 vs $0.31 in Q2 2024; net interest margin improved to 1.91% from 1.86%.
Director Patrick J. Donovan resigns from West Bancorporation board
Patrick J. Donovan resigned as director of West Bancorp and West Bank effective August 19, 2024.
Q2 2024 net income $5.2M vs $5.9M in Q2 2023; diluted EPS $0.31 vs $0.35.
West Bancorporation shareholders approve 550,000-share increase to 2021 equity plan
Stockholders approved amendment to 2021 Equity Incentive Plan, increasing authorized shares to 1,175,000 from 625,000.
West Bancorp Q1 net income $5.8M ($0.35 EPS) down 26% YoY; net interest margin 1.88% vs 2.23%
Net income $5.8M ($0.35 diluted EPS) vs Q4 $4.5M ($0.27) and Q1 2023 $7.8M ($0.47).
West Bancorp Q4 net income falls 49% YoY to $4.5M ($0.27); NIM drops to 1.87%
FY2023 net income $24.1M ($1.44 diluted EPS) vs $46.4M ($2.76) in FY2022.
West Bancorporation Q3 net income $5.9M ($0.35/diluted), down 49% YoY
Net income $5.9M, EPS $0.35, vs $11.6M ($0.69) in Q3 2022; dividend $0.25/share payable Nov 22.
West Bancorp Q2 net income $5.9M ($0.35 EPS), down 54% YoY; NIM falls to 2.02%
Net income $5.9M ($0.35 diluted EPS) vs Q1 $7.8M ($0.47) and Q2 2022 $12.7M ($0.75).
West Bancorporation annual meeting elects directors, approves say-on-pay and auditor
Quorum of 79.2% (13,175,379 of 16,640,413 shares) represented at April 27, 2023 meeting.
West Bancorp Q1 net income $7.8M ($0.47 EPS), down from $13.2M year ago; dividend steady
Net income $7.8M ($0.47 diluted EPS) vs $8.9M ($0.53) in Q4 2022 and $13.2M ($0.78) in Q1 2022.
West Bancorporation amends RSM consent to correct S-8 registration omission
Corrected consent of RSM US LLP filed as Exhibit 23 to 2021 10-K.
Director Michael J. Gerdin will not stand for re-election to West Bancorporation board
Michael J. Gerdin will not stand for re-election at the 2023 annual meeting on April 27, 2023.
West Bancorporation Q4 net income $8.9M ($0.53 EPS); annual net income $46.4M ($2.76 EPS)
Q4 net income $8.9M, down from $11.9M in Q4 2021; diluted EPS $0.53 vs $0.71.
West Bancorp Q3 net income $11.6M ($0.69 diluted), down 8.7% YoY; dividend $0.25
Net income $11.6M vs $12.7M in Q3 2021; diluted EPS $0.69 vs $0.76.
West Bancorp Q2 net income $12.7M ($0.75 diluted EPS) vs $13.2M ($0.79) YoY; dividend $0.25
Q2 2022 net income of $12.7M ($0.75 diluted EPS) compared to $13.2M ($0.79) in Q2 2021.
$60 million aggregate principal of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2032 issued.
West Bancorporation prices $60M 5.25% subordinated notes due 2032
Offering of $60 million aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2032.
West Bancorporation enters $40M term loan with National Exchange Bank & Trust, matures Feb 2027
$40M term loan at floating rate: WSJ Prime minus 1%, floor 2.25%, maturity Feb 5, 2027.
West Bancorporation annual meeting elects all directors; say-on-pay passes with 94.8% support
All 13 director nominees elected with over 8.8 million votes each; highest withhold votes at 738,254 for George Milligan.
West Bancorporation Q1 2022 net income rises 12% to $13.2M, declares $0.25 dividend
Net income of $13.2M ($0.78 diluted EPS) vs $11.8M ($0.70) in Q1 2021, a record first quarter.
West Bancorporation discloses actual 2021 bonus awards for named executive officers
Actual 2021 bonuses set at 49.48% of base salary (82.47% of max), vs proxy estimate of 50.12% based on 9-month peer data.
West Bancorporation posts record 2021 net income of $49.6M; raises quarterly dividend to $0.25
FY2021 net income $49.6M ($2.95 diluted EPS) vs $32.7M ($1.98) in FY2020, a 52% increase.
West Bancorporation Q3 net income $12.7M ($0.76 EPS) vs $8.1M a year ago; dividend $0.24
Diluted EPS $0.76 for Q3 2021 compared to $0.49 in Q3 2020; 9-month EPS $2.25 vs $1.46.
West Bancorp Q2 net income record $13.2M ($0.79 EPS); dividend raised to $0.24
Net income $13.2M, $0.79 diluted EPS vs. $8.0M, $0.48 YoY; six-month net $25.0M, $1.49 EPS.
On January 21, 2025, Philip Jason Worth informed West Bancorporation, Inc. (the Company) that he will not stand for re-election to the Company's Board of Directors (the Board) at the Company's 2025 annual meeting of shareholders, scheduled to be held on April 24, 2025.
On August 19, 2024, Patrick J. Donovan tendered his resignation as a director of both West Bancorporation, Inc. (the "Company") and its wholly-owned subsidiary, West Bank, effective immediately.
On February 6, 2023, Michael J. Gerdin informed West Bancorporation, Inc. (the Company) that he will not stand for re-election to the Company’s Board of Directors (the Board) at the Company’s 2023 annual meeting of shareholders, scheduled to be held on April 27, 2023.
Mr. Gulling will be retiring as Executive Vice President, Treasurer and Chief Financial Officer of the Company, effective as of December 31, 2021.
Max materiality 0.75 · Median 0.65 · Most common event earnings