West Bancorporation, Inc. (NASDAQ: WTBA) will report its third-quarter 2026 financial results on Thursday, October 29, 2026, before the markets open.

The company will host a conference call to discuss the results at 2:00 pm Central Time on the same day. Investors can access the call by dialing 833-461-5787 with meeting ID 761930850. A recording of the discussion will remain available until November 12, 2026, via dial-in number 833-309-1852 using the same meeting ID.

Company Overview

Headquartered in West Des Moines, Iowa, West Bancorporation serves as the parent company of West Bank. Operating since 1893, West Bank functions as a community bank focused on lending, deposit services, and trust services for consumers and small- to medium-sized businesses.

The bank maintains a regional footprint with six offices in the greater Des Moines area, one office in Coralville, Iowa, and four branches in Minnesota located in Rochester, Mankato, Owatonna, and St. Cloud.

Contact Information

For further inquiries regarding the quarterly results, investors may contact:

• Jane Funk, Executive Vice President, Treasurer and Chief Financial Officer: (515) 222-5766

West Bancorporation, Inc., the West Des Moines, Iowa-based parent company of West Bank, reported second quarter 2026 net income of $11.1 million, or $0.64 per diluted common share, marking a 38.8 percent increase from $8.0 million, or $0.47 per diluted common share, in the second quarter of 2025. Sequentially, net income rose by $0.5 million, or 4.74 percent, compared to first quarter 2026 net income of $10.6 million, or $0.61 per diluted common share. For the first half of 2026, net income totaled $21.6 million, or $1.26 per diluted common share, compared to $15.8 million, or $0.93 per diluted common share, for the first half of 2025—a 37 percent improvement.

Record Quarterly Dividend Declared

On July 22, 2026, the Company's Board of Directors declared a regular quarterly dividend of $0.26 per common share, an increase of $0.01 from the prior quarter. This represents a record high quarterly dividend for the Company. The dividend is payable on August 19, 2026, to stockholders of record on August 5, 2026.

Key Financial Performance Metrics

The following table summarizes key performance ratios for the quarter ended June 30, 2026, compared to the prior quarter and prior year quarter.

For the first half of 2026, the annualized return on average equity was 16.06 percent, compared to 13.74 percent for the first half of 2025. The annualized return on average assets reached 1.08 percent for the six months ended June 30, 2026, versus 0.80 percent for the comparable prior-year period.

Net Interest Income and Margin

Net interest income for Q2 2026 was $25.5 million, up from $24.4 million in Q1 2026 and $21.4 million in Q2 2025. The improvement compared to Q2 2025 was primarily driven by a decrease in interest expense on deposits, as the cost of deposits declined by 46 basis points. This decrease was largely attributable to the reduction in deposit rates following the decline in the federal funds rate in the second half of 2025. Loan yields increased by 6 basis points in Q2 2026 compared to Q1 2026, contributing to the sequential improvement. The net interest margin on a fully tax-equivalent basis (a non-GAAP measure) was 2.69 percent for Q2 2026, compared to 2.59 percent for Q1 2026 and 2.27 percent for Q2 2025.

Credit Quality and Loan Portfolio

Credit quality remained strong, with no loans on nonaccrual status at June 30, 2026, and no credit loss expense recorded in either the second or first quarter of 2026. The Company also noted that June 30, 2026 marked its eighth consecutive quarter-end with no loans greater than 30 days past due. The allowance for credit losses to total loans stood at 1.03 percent as of June 30, 2026, compared to 1.02 percent as of March 31, 2026.

Key credit quality and loan portfolio highlights as of June 30, 2026:

• Substandard loans increased to $14.4 million from $0 as of March 31, 2026, relating to two borrowers in the commercial and commercial real estate segments. The Company believes these loans are sufficiently collateralized.
• Watch list loans decreased from $41.3 million as of March 31, 2026 to $7.1 million as of June 30, 2026, primarily due to loan payoffs totaling approximately $32.2 million.
• Total loans were $2,950,114 thousand as of June 30, 2026, down $41.5 million, or 1.4 percent, from March 31, 2026, and down $16.2 million, or 0.5 percent, from June 30, 2025. Average loan balances increased by $13.0 million in Q2 2026 compared to Q1 2026.

Deposits and Balance Sheet

Total deposits were $3,344,900 thousand as of June 30, 2026. Deposits excluding brokered deposits increased $15.9 million, or 0.5 percent, in Q2 2026, while brokered deposits were reduced by $6.0 million. On a year-over-year basis, deposits excluding brokered deposits increased $50.7 million, or 1.6 percent, while brokered deposits were reduced by $97.8 million. As of June 30, 2026, estimated uninsured deposits accounted for approximately 27.2 percent of total deposits.

Total assets stood at $4,029,664 thousand as of June 30, 2026, compared to $4,056,669 thousand as of June 30, 2025. Stockholders' equity was $281,042 thousand as of June 30, 2026, up from $240,930 thousand as of June 30, 2025. Book value per common share was $16.49 as of June 30, 2026.

Regulatory Capital Ratios

The Company's regulatory capital ratios remained well above minimum requirements. The following table presents consolidated capital ratios as of June 30, 2026.

West Bancorporation, Inc. is headquartered in West Des Moines, Iowa. West Bank, a wholly-owned subsidiary, is a community bank serving small- to medium-sized businesses and consumers with lending, deposit, and trust services. West Bank operates six offices in the Des Moines, Iowa metropolitan area, one office in Coralville, Iowa, and four offices in Minnesota in the cities of Rochester, Owatonna, Mankato, and St. Cloud.