WTBA — West Bancorporation

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About West Bancorporation

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. 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, … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$23.99
Market Cap$405M
Float15.2M
Shares Outstanding17.0M
P/E (Forward)13.26
P/E (TTM)11.44
Price/Sales (TTM)4.09
vs. Analyst Target+7.3% to analyst PT
Profit Margin35.62%
Operating Margin (TTM)51.77%
Revenue (TTM)$99.1M
Earnings Growth (YoY)32.60%
Dividend Rate1.0%
Analyst Target Price$25.75 (1 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $109M $32.7M $80.0M $44.8M
2021 $116M $49.6M $106M $66.5M
2022 $134M $46.4M $104M $63.9M
2023 $170M $24.1M $77.8M $34.9M
2024 $198M $24.1M $78.1M $34.4M
2025 $198M $32.6M $95.2M $41.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $50.2M $8.0M
Sep 2025 $51.2M $9.3M
Dec 2025 $48.3M $7.4M
Mar 2026 $49.9M $10.6M

Ownership & Float

Insider Ownership11.4%
Institutional Ownership49.2%
Short Float1.7%
% of All Funds Holding1.23%
Number of Funds Holding101

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$23.97Near-term / short-term trend
Weekly40-Week SMA$22.65Medium-term trend
Weekly80-Week SMA$21.59Cyclical trend (business cycle)
Weekly200-Week SMA$20.42Secular trend (multi-year)
Monthly10-Month SMA$22.58Near-term monthly trend
Monthly20-Month SMA$21.69Medium-term monthly trend
Monthly40-Month SMA$20.02Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$17.90 support 1.16x 8 months ago
$17.80 support 1.52x 21 months ago

Historical Earnings Reactions (105 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.03% 0.00% 42.86% 3.25% -5.71%
1 Day 0.09% 0.00% 44.76% 18.34% -8.71%
1 Week 0.22% 0.00% 47.62% 18.85% -17.45%
2 Weeks 0.39% -0.45% 44.76% 21.99% -14.36%
1 Month 0.67% 0.30% 51.92% 20.12% -28.65%

Next earnings: July 30, 2026 (64 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.8%48.1%27
Feb-1.9%40.7%27
Mar1.7%59.3%27
Apr0.8%44.4%27
May-0.8%38.5%26
Jun-0.0%59.3%27
Jul4.0%55.6%27
Aug-1.6%33.3%27
Sep-0.5%48.1%27
Oct2.3%70.4%27
Nov3.3%59.3%27
Dec0.9%48.1%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 44.6% 1276
Tuesday 0.07% 44.4% 1397
Wednesday -0.03% 42.9% 1397
Thursday 0.07% 44.7% 1370
Friday 0.10% 44.3% 1366

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 49.2%

Insider Transactions — Smart Summary

Total insider ownership: 11.4%

12-Month Insider Activity Summary

Total Filings2
Net Value+N/A
Net Shares Change-23,726
% of Float-0.2%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
MILLIGAN GEORGE D -$345,272.677 1 1 sell
GULLING DOUGLAS R -$171,825 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-11-25 MILLIGAN GEORGE D -$345,272.677 Transaction at $21.82, now +10.0%
2025-11-12 GULLING DOUGLAS R -$171,825 Transaction at $21.75, now +10.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for West Bancorporation (WTBA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for WTBA on Trend Edge →