West Bancorporation
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. West Bancorporation's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $78,397,000. Profit margin reached 31%. Total operating expenses were $41,042,000.
Profit Margin
| 2014 | 58.37M | 20.04M | 34.33% |
|---|---|---|---|
| 2015 | 62.36M | 21.74M | 34.86% |
| 2016 | 65.1M | 23.01M | 35.35% |
| 2017 | 68.70M | 23.07M | 33.58% |
| 2018 | 69.81M | 28.50M | 40.84% |
| 2019 | 74.74M | 28.69M | 38.38% |
| 2020 | 92.43M | 32.71M | 35.39% |
| 2021 | 104.78M | 49.60M | 47.34% |
| 2022 | 101.40M | 46.39M | 45.75% |
| 2023 | 78.39M | 24.13M | 30.79% |
WTBA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 78.39M | 101.40M | 104.78M | 92.43M | 74.74M | 69.81M | 68.70M | 65.1M | 62.36M | 58.37M |
Cost of revenue | -91.97M | 0 | 0 | 0 | 0 | 400K | 542K | 853K | 1.10M | 895K |
Gross profit | 170.37M | 101.40M | 104.78M | 92.43M | 74.74M | 69.41M | 68.16M | 64.24M | 61.25M | 57.47M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 163K | 246K | 224K | 211K | 230K | 195K | 224K | 231K | 253K | 220K |
Total operating expenses | 41.04M | 874K | -41.88M | -51.05M | 23.55M | 24.23M | 1.07M | 774K | 748K | 944K |
Operating income | 37.35M | 91.00M | 62.90M | 41.38M | 35.74M | 57.80M | 49.41M | 40.82M | 37.43M | 32.84M |
Other income (expenses), net | -7.56M | -31.60M | 62.90M | -8.45M | 35.74M | -22.73M | 0 | -7.87M | -6K | 1.06M |
Income before tax | 29.78M | 59.39M | 62.90M | 41.38M | 35.74M | 35.06M | 36.43M | 32.95M | 31.43M | 26.68M |
Income tax expense | 5.64M | 12.99M | 13.30M | 8.66M | 7.05M | 6.56M | 13.36M | 9.93M | 9.69M | 6.64M |
Net income | 24.13M | 46.39M | 49.60M | 32.71M | 28.69M | 28.50M | 23.07M | 23.01M | 21.74M | 20.04M |
Earnings per share | ||||||||||
Basic EPS | 1.44 | 2.79 | 3 | 1.99 | 1.75 | 1.75 | 1.42 | 1.42 | 1.35 | 1.25 |
Diluted EPS | 1.44 | 2.76 | 2.95 | 1.98 | 1.74 | 1.74 | 1.41 | 1.42 | 1.35 | 1.25 |
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