West Bancorporation (WTBA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of West Bancorporation stock $15.90, price $30.53, that is 47.9% below the price, quality 62 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
West Bancorporation
WTBA · USOur calculation puts a fair price 48% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $13.08 – $31.13 · fair‑value band $14.02 – $21.57 · the $30.53 price screens above the $15.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Every Wednesday you see whether West Bancorporation is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
West Bancorporation, Inc. operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.
Show moreShow less
The company offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit.
It also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; and consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate, as well as 1-4 family residential mortgages and home equity loans.
In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts.
West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
Stock analysis
West Bancorporation (WTBA) currently trades at $30.53, while our model-based Fair Value estimate is $15.90, 48% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $23.34 per share, and 0 of the 6 models we run sit above the $30.53 price.
Bear case: the Asset-Based group reads lowest at $10.46, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $14.02 (bear) to $21.57 (bull), the price of $30.53 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
West Bancorporation reported revenue of $198M in FY2025 versus $116M in FY2021, a compound +14.3%/yr. Reported net income was $32.6M in FY2025, compounding −10.0%/yr from FY2021.
Key figures
Market cap $519M Small · P/E ratio 13.6 · P/S ratio 4.83 · EPS (TTM) $2.25 · Dividend yield 3.3% · Net margin 37.9% · Return on equity 15.5% · Return on assets (EBIT) 1.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (medium confidence).
What moves the price
The share trades about 2% below its 52-week high and 49% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −48%, WTBA screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director sold shares worth $193,473 and none bought.
- SaleSteven K GaerDirector6,215 shares at $31.13$193,473Nov 4, 2026
- SaleGeorge D MilliganDirector15,826 shares at $21.82$345,272Nov 24, 2025
- SaleDouglas R GullingDirector7,900 shares at $21.75$171,825Nov 11, 2025
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
WTBA screens overvalued: fair value 48% below the price. Compare with China Merchants Bank Co →
Recent news
- West Bancorporation (WTBA) Q3 Earnings Build On Margin Recovery
- West Bancorporation anticipates margin upside with $600M in loans repricing over 12 months
- West Bancorp (WTBA) Surpasses Q2 Earnings Estimates
- West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call
Compare West Bancorporation with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EV/EBITDA by industry
- Dividend yield by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs WTBA |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs WTBA |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs WTBA |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs WTBA |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs WTBA |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs WTBA |
| Mizuho Financial Group MFG | $9.40 | $5.89 | −37% | vs WTBA |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs WTBA |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs WTBA |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs WTBA |
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is West Bancorporation (WTBA) overvalued or undervalued?
What is the fair value of WTBA?
What is the quality score of WTBA?
What is the price target for West Bancorporation (WTBA)?
What is the West Bancorporation stock forecast for 2026?
What is the revenue of West Bancorporation (WTBA)?
Does West Bancorporation pay a dividend?
How much is the dividend of West Bancorporation (WTBA) and when is the ex-dividend date?
What is the intrinsic value of West Bancorporation (WTBA)?
Is West Bancorporation stock overvalued or undervalued in 2026?
Is fair value the same as the market price of WTBA?
How much is West Bancorporation worth?
What do the bullish and bearish scenarios say about WTBA?
What is the P/E ratio of WTBA?
How solid is the balance sheet of West Bancorporation (WTBA)?
How far is WTBA from its 52-week high?
Which stocks are comparable to West Bancorporation?
Is West Bancorporation stock attractive at the current price?
How is the fair value of WTBA calculated?
Is it still worth investing in stocks now?
What is the share price of West Bancorporation (WTBA)?
What should I pay attention to with West Bancorporation right now?
Where does the earnings growth of West Bancorporation (WTBA) come from?
Key figures of West Bancorporation
How large is the market capitalisation of West Bancorporation (WTBA)?
What is the P/S ratio of West Bancorporation (WTBA)?
What are the earnings per share of West Bancorporation (WTBA)?
What is the dividend yield of West Bancorporation (WTBA)?
What is the net margin of West Bancorporation (WTBA)?
What is the return on equity of West Bancorporation (WTBA)?
What is the EBIT return on assets of West Bancorporation (WTBA)?
What is the operating margin of West Bancorporation (WTBA)?
How fast is revenue growing at West Bancorporation (WTBA)?
How fast are earnings growing at West Bancorporation (WTBA)?
How much free cash flow does West Bancorporation (WTBA) generate?
How much net debt does West Bancorporation (WTBA) carry?
Watch West Bancorporation in the live analysis
One click puts West Bancorporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.