The stock may react positively to the EPS beat and margin expansion, but limited revenue growth and declining deposits could cap gains. Monitor loan growth trends and deposit stability in upcoming quarters.
Price Chart
Executive Summary
West Bancorporation (WTBA) reported Q1 2026 EPS of $0.61, beating consensus estimates of $0.58 by 5.2%, driven by improved net interest margin and lower operating costs. Revenue (net interest income) was $24.4M, below the $27.1M analyst revenue estimate, but strong profitability and pristine credit quality supported the beat.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $0.61 vs. consensus of $0.58 (5.2% beat)
- Net income of $10.6M, up 34.8% YoY from $7.8M in Q1 2025
- Net interest margin expanded to 2.59% (FTE) from 2.28% in Q1 2025 due to lower deposit costs
- Efficiency ratio improved to 49.85% from 56.37% YoY
- No nonaccrual loans and no credit loss expense recorded
- Dividend maintained at $0.25 per share
Financial Impact
EPS beat by $0.03 (5.2%) vs. consensus; net interest income up 16.7% YoY to $24.4M
Risk Factors
- Deposits down 3.8% QoQ ($133.5M decline), with core deposits (ex-brokered) down 2.9%
- Loans down 0.8% YoY ($24.8M decrease), reflecting ongoing loan payoffs
- Net interest income ($24.4M) below analyst revenue estimate of $27.1M
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3279913 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | Press Release | $29.27 | awaiting T+60 | — | $30.50 (+4.20%) |
Jul 23, 2026 13w ago | 8-K | $27.19 $28.94 | ▲ +6.44% | ▲ +1.88% | $30.50 (+12.17%) |
Jun 19, 2026 18w ago | Press Release | $25.11 | awaiting T+60 | — | $30.50 (+21.47%) |
Apr 23, 2026 26w ago | Press Release | $24.22 $26.96 | ▲ +11.29% | ▲ +6.27% | $30.50 (+25.90%) |
Apr 23, 2026 26w ago | 8-K | $24.22 $26.96 | ▲ +11.29% | ▲ +6.27% | $30.50 (+25.90%) |
Mar 20, 2026 31w ago | Press Release | $22.51 $25.27 | ▲ +12.25% | ▼ −2.17% | $30.50 (+35.48%) |
Mar 12, 2026 32w ago | EFFECT | $23.10 $24.09 | ▲ +4.30% | ▼ −6.40% | $30.50 (+32.05%) |
Mar 3, 2026 33w ago | DEFA14A | $24.34 $23.92 | ▼ −1.74% | ▼ −12.06% | $30.50 (+25.29%) |
Feb 27, 2026 34w ago | S-3 | $24.10 $23.99 | ▼ −0.44% | ▼ −9.83% | $30.50 (+26.58%) |
US Market Status
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