# West Bancorporation (WTBA) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $29.29, market value $499 million.

## Valuation
- **P/E (trailing): 13.0×** (5-yr avg 11.0×, 3-yr avg 12.9×). West Bancorporation trades at 13.0× trailing earnings, close to its own five-year average of 11.0×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.30**. A PEG of 0.30 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.7%** (5-yr avg 6.9%). Free cash flow equals 9.7% of the market value, above its five-year average of 6.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 7.7%**. The inverse of the P/E: 7.7% of the price is earned each year.

## Profitability
- **Return on equity: 12.2%**. 12.2% on shareholders' equity is solid.

## Growth
- **EPS growth (1 yr): 35.2%** (3-yr -11.4%/yr, 5-yr -0.6%/yr). Earnings per share rose 35.2%.
- **Free-cash-flow growth (3 yr): 4.2%/yr**. Free cash flow has compounded at 4.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.55%** ($1.00 per share, trailing). West Bancorporation yields 3.55%, an income-level yield.
- **Payout ratio: 52%** (35% of free cash flow). 52% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 3.5%/yr** (1-yr 0.0%). The dividend has grown 3.5% a year over five years.

## Price and momentum
- **Total return (1 yr): 47.3%** (YTD 34.7%, 3-mo 21.6%). The shares are up 47.3% over twelve months including dividends.
- **From 52-week high: -3.4%** (53.9% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): 0.57** (volatility 27%). Beta of 0.57 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WTBA · Page: https://foliofundamentals.com/stocks/wtba

Not investment advice.