WEST DES MOINES, Iowa, Jan. 29, 2026 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2025 net income of $32.6 million, or $1.92 per diluted common share, compared to 2024 net income of $24.1 million, or $1.42 per diluted common share. Net income for the fourth quarter 2025 was $7.4 million, or $0.43 per diluted common share, ...
WEST DES MOINES, Iowa, Jan. 29, 2026 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2025 net income of $32.6 million, or $1.92 per diluted common share, compared to 2024 net income of $24.1 million, or $1.42 per diluted common share. Net income for the fourth quarter 2025 was $7.4 million, or $0.43 per diluted common share, compared to third quarter 2025 net income of $9.3 million, or $0.55 per diluted common share, and fourth quarter 2024 net income of $7.1 million, or $0.42 per diluted common share. On January 28, 2026, the Company’s Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on February 25, 2026, to stockholders of record on February 11, 2026. David Nelson, President and Chief Executive Officer of the Company, commented, “We have had continuous improvement in earnings and key performance metrics throughout 2025 and finished the year very strong. Through proactive and strategic balance sheet management, we see opportunities for further improvements in 2026. West Bank remains focused on relationship building and outstanding service and support. Our customer base continues to grow in all of our markets.” David Nelson added, “We had no loans on nonaccrual status and no loans past due greater than 30 days at December 31, 2025. Our pristine credit quality is the result of our disciplined underwriting standards and steadfast approach to risk, which is consistently executed regardless of the economic or interest rate environment.” Fourth Quarter 2025 Compared to Third Quarter 2025 Overview Loans decreased $7.2 million, or 0.2 percent, in the fourth quarter of 2025. No credit loss expense on loans was recorded in either the fourth or third quarter of 2025. The allowance for credit losses to total loans was 1.02 percent at December 31, 2025, compared to 1.01 percent at September 30, 2025. There were no nonaccrual loans at December 31, 2...