West Bancorporation Management
Management criteria checks 4/4
West Bancorporation's CEO is Dave Nelson, appointed in Apr 2010, has a tenure of 14.83 years. total yearly compensation is $1.30M, comprised of 45.3% salary and 54.7% bonuses, including company stock and options. directly owns 1.4% of the company’s shares, worth $5.16M. The average tenure of the management team and the board of directors is 14.5 years and 11.8 years respectively.
Key information
Dave Nelson
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 45.3% |
| CEO tenure | 14.8yrs |
| CEO ownership | 1.4% |
| Management average tenure | 14.5yrs |
| Board average tenure | 11.8yrs |
Recent management updates
Recent updates
West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25
Oct 29
Earnings Beat: West Bancorporation, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 27West Bancorporation (NASDAQ:WTBA) Is Paying Out A Dividend Of $0.25
Jul 31West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25
Apr 28West Bancorporation's (NASDAQ:WTBA) Dividend Will Be $0.25
Jan 28West Bancorporation (NASDAQ:WTBA) Is Due To Pay A Dividend Of $0.25
Oct 31West Bancorporation (NASDAQ:WTBA) Will Pay A Dividend Of $0.25
Apr 30West Banc GAAP EPS of $0.75 beats by $0.06, revenue of $26.52M beats by $0.32M
Jul 28Results: West Bancorporation, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 01West Bancorporation (NASDAQ:WTBA) Is Increasing Its Dividend To US$0.25
Jan 31West Bancorporation: Rosy Earnings Outlook But Stock Price Is High
Aug 23West Bancorporation (NASDAQ:WTBA) Will Pay A Larger Dividend Than Last Year At US$0.24
Aug 01Here's Why We Think West Bancorporation (NASDAQ:WTBA) Is Well Worth Watching
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$24m |
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$21m |
| Mar 31 2024 | n/a | n/a | US$22m |
| Dec 31 2023 | US$1m | US$590k | US$24m |
| Sep 30 2023 | n/a | n/a | US$29m |
| Jun 30 2023 | n/a | n/a | US$34m |
| Mar 31 2023 | n/a | n/a | US$41m |
| Dec 31 2022 | US$1m | US$514k | US$46m |
| Sep 30 2022 | n/a | n/a | US$49m |
| Jun 30 2022 | n/a | n/a | US$50m |
| Mar 31 2022 | n/a | n/a | US$51m |
| Dec 31 2021 | US$1m | US$485k | US$50m |
| Sep 30 2021 | n/a | n/a | US$46m |
| Jun 30 2021 | n/a | n/a | US$42m |
| Mar 31 2021 | n/a | n/a | US$36m |
| Dec 31 2020 | US$968k | US$462k | US$33m |
| Sep 30 2020 | n/a | n/a | US$32m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$30m |
| Dec 31 2019 | US$973k | US$436k | US$29m |
| Sep 30 2019 | n/a | n/a | US$28m |
| Jun 30 2019 | n/a | n/a | US$28m |
| Mar 31 2019 | n/a | n/a | US$28m |
| Dec 31 2018 | US$1m | US$436k | US$29m |
Compensation vs Market: Dave's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Nelson (63 yo)
14.8yrs
Tenure
US$1,303,388
Compensation
Mr. David D. Nelson, also known as Dave, has been the Chief Executive Officer and President of West Bancorp., Inc. since April 1, 2010 and serves as its Director. Mr. Nelson has been the Chief Executive Of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 14.8yrs | US$1.30m | 1.4% $ 5.2m | |
| Executive VP | 3.1yrs | US$754.26k | 0.32% $ 1.2m | |
| Director | no data | US$283.72k | 0.36% $ 1.3m | |
| Executive Vice President | 19.1yrs | US$824.57k | 0.68% $ 2.5m | |
| Executive VP & Chief Risk Officer | 14.5yrs | US$824.57k | 0.55% $ 2.0m | |
| Executive Vice President | 4.1yrs | US$757.64k | 0.41% $ 1.5m | |
| VP, Assistant General Counsel & Corporate Secretary | no data | no data | no data |
14.5yrs
Average Tenure
64.5yo
Average Age
Experienced Management: WTBA's management team is seasoned and experienced (14.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 14.8yrs | US$1.30m | 1.4% $ 5.2m | |
| Director | 3.1yrs | US$283.72k | 0.36% $ 1.3m | |
| Independent Director | 7.1yrs | US$77.57k | 0.085% $ 312.5k | |
| Independent Director | 15.6yrs | US$100.57k | 0.13% $ 463.6k | |
| Independent Chairman of the Board | 19.8yrs | US$85.44k | 0.39% $ 1.4m | |
| Independent Director | 5.8yrs | US$78.71k | 0.056% $ 207.6k | |
| Independent Director | 11.8yrs | US$74.84k | 0.25% $ 911.8k | |
| Independent Director | 13.8yrs | US$71.44k | 0.12% $ 446.0k | |
| Independent Director | 11.8yrs | US$77.60k | 0.11% $ 397.9k | |
| Independent Director | 3.8yrs | US$73.44k | 0.012% $ 45.3k | |
| Independent Director | 3.1yrs | US$70.57k | 0.018% $ 66.6k |
11.8yrs
Average Tenure
65yo
Average Age
Experienced Board: WTBA's board of directors are seasoned and experienced ( 11.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 11:02 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
West Bancorporation, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Andrew Liesch | Piper Sandler Companies |
| Daniel Cardenas | Raymond James & Associates |