West Bancorporation Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:WTBA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Feb 25	BuyUS$14,231	David Nelson	Individual	639	US$22.27
20 Nov 24	BuyUS$14,084	David Nelson	Individual	592	US$23.79
08 Nov 24	SellUS$94,448	Douglas Gulling	Individual	4,000	US$23.72
21 Aug 24	BuyUS$13,899	David Nelson	Individual	730	US$19.04
22 May 24	BuyUS$13,724	David Nelson	Individual	768	US$17.87

Insider Trading Volume

Insider Buying: WTBA insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of WTBA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	710,259	4.22%
Private Companies	1,041,952	6.19%
General Public	7,257,035	43.1%
Institutions	7,823,386	46.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 50.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.96%	FMR LLC	1,339,799	US$30.3m	0.01%	no data
7.67%	BlackRock, Inc.	1,291,109	US$29.2m	3.06%	no data
6.19%	Jay Newlin Trust	1,041,952	US$23.6m	0%	no data
4.72%	The Vanguard Group, Inc.	794,238	US$18.0m	-2.23%	no data
4.03%	Dimensional Fund Advisors LP	678,587	US$15.3m	-0.19%	no data
2.57%	West Bancorporation Inc., Asset Management Arm	433,392	US$9.8m	-1.58%	6.11%
2.24%	State Street Global Advisors, Inc.	376,725	US$8.5m	1.26%	no data
2.11%	Geode Capital Management, LLC	355,367	US$8.0m	-0.26%	no data
1.68%	Aptus Capital Advisors, LLC	282,404	US$6.4m	22.5%	0.07%
1.58%	Legacy Bridge, LLC	266,001	US$6.0m	-9.08%	2.93%
1.24%	Pacific Ridge Capital Partners, LLC	209,319	US$4.7m	-1.11%	1.05%
1.21%	Renaissance Technologies LLC	204,152	US$4.6m	-7.31%	0.01%
1.06%	David Nelson	177,651	US$4.0m	-24.5%	no data
0.8%	Northern Trust Global Investments	134,904	US$3.1m	1.98%	no data
0.76%	Eaton Vance Management	127,702	US$2.9m	3.95%	no data
0.74%	BNY Asset Management	125,049	US$2.8m	17%	no data
0.72%	American Century Investment Management Inc	121,468	US$2.7m	-0.01%	no data
0.65%	Brad Winterbottom	109,506	US$2.5m	-4.82%	no data
0.51%	Harlee Olafson	86,521	US$2.0m	-6.99%	no data
0.41%	Driehaus Capital Management LLC	68,443	US$1.5m	-1.44%	0.01%
0.39%	George Milligan	65,338	US$1.5m	0%	no data
0.36%	Douglas Gulling	60,000	US$1.4m	-9.38%	no data
0.31%	Morgan Stanley, Investment Banking and Brokerage Investments	52,820	US$1.2m	-11.3%	no data
0.31%	UBS Asset Management AG	51,593	US$1.2m	16.1%	no data
0.3%	JPMorgan Chase & Co, Brokerage and Securities Investments	50,300	US$1.1m	166%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/23 07:06
End of Day Share Price	2025/02/21 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

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