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EarningsQ2 2026 Earnings Report
WTBA Q2 2026 EPS Results
Actual EPS$0.64
Consensus EPS$0.63
Beat/MissBeat by +$0.01
One Year Ago EPS$0.47
WTBA Q2 2026 Revenue Results
Actual Revenue$51.07M
Expected Revenue$28.15M
Beat/MissBeat by +$22.92M
YoY Revenue Growth+1.39%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
WTBA Upcoming Earnings
West Bancorporation's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
WTBA Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong financial metrics — double-digit net income growth, margin expansion, record dividend, pristine credit metrics and a sizable loan repricing pipeline — which outweigh near-term headwinds such as spot loan payoffs, contraction in development lending, intense deposit competition and a couple of isolated downgrades. Management expects continued margin tailwinds from loan repricing over the next 12 months and sees controlled expenses for the rest of the year.Company Guidance
Strong Net Income and Profitability
Q2 net income of $11.1 million, up 39% year-over-year (Q2 2025: $8.0M). Year-to-date net income is 37% higher than the first half of 2025. 2026 year-to-date return on average equity is a little over 16%.
Record Dividend Increase
Board approved an increase to the quarterly dividend to $0.26 per common share (payable Aug 19, record Aug 5), the highest level in company history.
Net Interest Income and Margin Improvement
Net interest income rose $4.1 million or 19% versus Q2 2025. Net interest margin improved 10 basis points sequentially and 42 basis points year-over-year, supporting earnings growth.
Pristine Credit Quality and Reduced Watch List
Credit quality reported as very strong: 0 loans past due (30+ days / 38+ days), no nonaccruals, no OREO. Watch list declined approximately 50% from March 31 to about $0.7 million, indicating materially lower criticized exposure.
Controlled Expense Growth
Noninterest expenses were well controlled with only a 2% increase versus Q2 2025 and a 2.6% increase year-to-date versus the first half of 2025; no unusual items in noninterest income or expense this quarter.
Deposit and Market Growth Initiatives
Management reports success attracting new depositors, an uptick in pipeline activity, continued core deposit growth in targeted Minnesota markets, and success capturing business-owner personal accounts and higher-value retail deposits.
Meaningful Repricing Tailwind Ahead
Approximately $600 million of loans are expected to reprice over the next 12 months at a weighted average rate in the low-to-mid 4% range, with more of that benefit weighted into the first half of next year—supporting an upward bias to margins over time.
WTBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed