Filing Flows › West Bancorporation (WTBA) › Q3 2026
West Bancorporation (WTBA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
West Bancorporation (WTBA) reported revenue of $29.1M for the third quarter 2026 (Q3 2026), +16% from a year earlier and +4% from the quarter before. Operating margin was 52.0%, net earnings $11.6M (39.9% of revenue).
West Bancorporation, Q3 2026: revenue $29.1M (+16% year over year), operating margin 52.0%, net earnings $11.6M, operating cash flow $15.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.1M | +4% | +16% |
| Operating profit | $15.2M | +6% | +32% |
| Net earnings | $11.6M | +5% | +25% |
| Operating cash flow | $15.7M | +9% | +38% |
| Free cash flow | $15.6M | +11% | +45% |
What changed
Revenue was $29.1M in Q3 2026, up 16% year over year and up 4% from the previous quarter. Net interest income was the largest line at 91% of revenue. Net interest income added $3.9M year over year (up 17%), 94% of the total change.
Operating profit was $15.2M, a 52.0% margin (up 6.2 points year over year). Of the extra revenue versus a year earlier, 90% reached operating profit, above the 46% margin then. Total costs grew 3% against revenue growth of 16%. Net earnings were $11.6M, up 25% year over year. The effective tax rate was 23.3%.
Operating cash flow was $15.7M (up 38% year over year), 135% of net earnings. Non-cash charges added back $1.1M of depreciation and $756K of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $136K left free cash flow of $15.6M.
Questions
What was West Bancorporation's revenue in the third quarter 2026?
West Bancorporation (WTBA) reported revenue of $29.1M for the third quarter 2026 (Q3 2026), +16% from a year earlier and +4% from the quarter before.
Was West Bancorporation profitable in the third quarter 2026?
Operating profit was $15.2M (52.0% of revenue) and net earnings $11.6M.