West Historical Income Statement
| WTBA Stock | USD 23.87 0.12 0.50% |
Historical analysis of West Bancorporation income statement accounts such as Interest Expense of 95.8 M, Total Revenue of 65.2 M, Gross Profit of 178.9 M or Other Operating Expenses of 43.1 M can show how well West Bancorporation performed in making a profits. Evaluating West Bancorporation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of West Bancorporation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining West Bancorporation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether West Bancorporation is a good buy for the upcoming year.
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About West Income Statement Analysis
West Bancorporation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to West Bancorporation shareholders. The income statement also shows West investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
West Bancorporation Income Statement Chart
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Total Revenue
Total revenue comprises all receipts West Bancorporation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of West Bancorporation minus its cost of goods sold. It is profit before West Bancorporation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from West Bancorporation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of West Bancorporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from West Bancorporation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into West Bancorporation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade West Stock refer to our How to Trade West Stock guide.At present, West Bancorporation's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 178.9 M, whereas Total Revenue is forecasted to decline to about 65.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 104.8M | 101.4M | 78.4M | 65.2M | Interest Expense | 12.2M | 31.6M | 91.3M | 95.8M |
West Bancorporation income statement Correlations
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West Bancorporation Account Relationship Matchups
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West Bancorporation income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 32.2M | 17.4M | 12.2M | 31.6M | 91.3M | 95.8M | |
| Total Revenue | 74.7M | 92.4M | 104.8M | 101.4M | 78.4M | 65.2M | |
| Gross Profit | 74.7M | 92.4M | 104.8M | 101.4M | 170.4M | 178.9M | |
| Other Operating Expenses | 23.6M | (51.1M) | (41.9M) | 874K | 41.0M | 43.1M | |
| Operating Income | 35.7M | 41.4M | 62.9M | 91.0M | 37.4M | 46.6M | |
| Ebit | 35.7M | 41.4M | 62.9M | 59.4M | 29.8M | 34.6M | |
| Ebitda | 40.8M | 42.9M | 64.4M | 60.9M | 31.6M | 50.3M | |
| Total Operating Expenses | 23.6M | (51.1M) | (41.9M) | 874K | 41.0M | 43.1M | |
| Income Before Tax | 35.7M | 41.4M | 62.9M | 59.4M | 29.8M | 31.5M | |
| Total Other Income Expense Net | 35.7M | (8.5M) | (9.0M) | (31.6M) | (7.6M) | (7.9M) | |
| Net Income | 28.7M | 32.7M | 49.6M | 46.4M | 24.1M | 22.6M | |
| Income Tax Expense | 7.1M | 8.7M | 13.3M | 13.0M | 5.6M | 8.5M | |
| Depreciation And Amortization | 5.1M | 1.5M | 1.5M | 1.5M | 1.9M | 3.0M | |
| Selling General Administrative | 24.9M | 25.3M | 27.5M | 31.6M | 30.5M | 19.4M | |
| Net Income Applicable To Common Shares | 28.7M | 32.7M | 49.6M | 46.4M | 53.4M | 56.0M | |
| Net Income From Continuing Ops | 28.7M | 32.7M | 49.6M | 46.4M | 28.6M | 30.2M | |
| Selling And Marketing Expenses | 195K | 230K | 211K | 246K | 163K | 188.3K | |
| Tax Provision | 7.1M | 8.7M | 13.3M | 13.0M | 6.9M | 7.9M | |
| Net Interest Income | 66.4M | 82.8M | 95.1M | 91.7M | 73.3M | 78.6M | |
| Interest Income | 98.7M | 100.2M | 107.3M | 123.3M | 152.8M | 105.8M | |
| Reconciled Depreciation | 5.1M | 3.4M | 3.6M | 4.5M | 4.8M | 3.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether West Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of West Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of West Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on West Bancorporation Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade West Stock refer to our How to Trade West Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Bancorporation. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1 | Earnings Share 1.27 | Revenue Per Share 4.613 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0056 |
The market value of West Bancorporation is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is West Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Bancorporation's market value can be influenced by many factors that don't directly affect West Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.