Is WEST BANCORPORATION INC (WTBA) Halal?

NASDAQ Financial Services United States $397M
✗ NOT HALAL
Confidence: 95/100
WEST BANCORPORATION INC (WTBA) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
12.2
Forward: 8.2
EPS
$1.92
Dividend Yield
427.0%
Payout: 52.1%
P/B Ratio
1.5
Revenue
$94M
Growth: 17.4%
Beta
0.8
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 43.2%
Net Margin 34.2%
Return on Equity (ROE) 13.2%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$46M
Free Cash Flow$43M
Total Debt$376M
Total Assets$4.1B

Price & Trading

Last Close$23.89
50-Day MA$24.18
200-Day MA$21.51
Avg Volume40K
Beta0.8
52-Week Range
$17.31
$26.60

About WEST BANCORPORATION INC (WTBA)

CEO
Mr. David D. Nelson
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$397M
Currency
USD

West Bancorporation, Inc. operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. The company offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. It also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; and consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate, as well as 1-4 family residential mortgages and home equity loans. In addition, the company offers online and mobile banking services; treasury management services, including online and mobile cash management, client-generated automated clearing house transactions, remote deposit capture, lock box and fraud protection services; merchant credit card processing and corporate credit cards; and trust services, such as administration of estates, conservatorships, personal trusts, and agency accounts. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is WEST BANCORPORATION INC (WTBA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WEST BANCORPORATION INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is WEST BANCORPORATION INC's debt ratio?

WEST BANCORPORATION INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are WEST BANCORPORATION INC's key financial metrics?

WEST BANCORPORATION INC has a market capitalization of $397M, trailing P/E ratio of 12.2, and revenue of $94M. Return on equity stands at 13.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.