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
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
21 Feb 24	BuyUS$35,223	David Nelson	Individual	2,007	US$17.55

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of WTBA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	865,087	5.14%
Private Companies	1,041,952	6.19%
General Public	7,160,423	42.5%
Institutions	7,765,170	46.1%

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

Top Shareholders

Top 25 shareholders own 50.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.96%	FMR LLC	1,339,635	US$29.6m	-6.15%	no data
7.44%	BlackRock, Inc.	1,252,798	US$27.7m	4.5%	no data
6.19%	Jay Newlin Trust	1,041,952	US$23.0m	0%	no data
4.83%	The Vanguard Group, Inc.	812,341	US$18.0m	7.17%	no data
4.04%	Dimensional Fund Advisors LP	679,904	US$15.0m	0.92%	no data
2.62%	West Bancorporation Inc., Asset Management Arm	440,347	US$9.7m	-0.34%	6.3%
2.21%	State Street Global Advisors, Inc.	372,033	US$8.2m	1.86%	no data
2.12%	Geode Capital Management, LLC	356,288	US$7.9m	2.1%	no data
1.74%	Legacy Bridge, LLC	292,576	US$6.5m	-3.29%	3.39%
1.4%	David Nelson	235,136	US$5.2m	0.42%	no data
1.37%	Aptus Capital Advisors, LLC	230,629	US$5.1m	15.6%	0.08%
1.31%	Renaissance Technologies LLC	220,253	US$4.9m	1.62%	0.01%
1.26%	Pacific Ridge Capital Partners, LLC	211,662	US$4.7m	-10.2%	1.08%
0.79%	Northern Trust Global Investments	132,283	US$2.9m	-1.15%	no data
0.73%	Eaton Vance Management	122,851	US$2.7m	9.29%	no data
0.72%	American Century Investment Management Inc	121,484	US$2.7m	14.4%	no data
0.68%	Brad Winterbottom	115,054	US$2.5m	0%	no data
0.64%	BNY Asset Management	106,895	US$2.4m	-11.1%	no data
0.55%	Harlee Olafson	93,026	US$2.1m	0%	no data
0.41%	Driehaus Capital Management LLC	69,443	US$1.5m	0.55%	0.01%
0.41%	Bradley Peters	69,243	US$1.5m	0%	no data
0.39%	George Milligan	65,338	US$1.4m	0%	no data
0.36%	Douglas Gulling	60,000	US$1.3m	-9.38%	no data
0.35%	Morgan Stanley, Investment Banking and Brokerage Investments	59,555	US$1.3m	82.2%	no data
0.33%	U.S. Bancorp Asset Management, Inc.	55,250	US$1.2m	-3.97%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 06:13
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

West Bancorporation, Inc. is covered by 5 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
Nathan Race	Piper Sandler Companies
Andrew Liesch	Piper Sandler Companies