West Bancorporation (WTBA) Research & Development (2010 - 2026)
West Bancorporation (WTBA) posted Research & Development of $545000.0 for Q2 2026, down 8.56% on a QoQ basis from $596000.0 in Q1 2026, and down 15.24% year-over-year from $643000.0 in Q2 2025.
Analysis
West Bancorporation (WTBA) Research & Development (2010 - 2026) Analysis & Trends
West Bancorporation has reported Research & Development for 17 years, with the latest figure at $545000.0 in Q2 2026.
- On a quarterly basis, Research & Development fell 15.24% year-over-year to $545000.0 in Q2 2026; TTM through Jun 2026 was $2.5 million, a 11.0% decrease from a year earlier, with the FY2025 full-year figure at $2.6 million, down 13.21% from the prior year.
- Research & Development was $545000.0 for Q2 2026 at West Bancorporation, down from $596000.0 in the prior quarter.
- The five-year high for Research & Development was $771000.0 in Q3 2024, with the low at $545000.0 in Q2 2026.
- Average Research & Development over 5 years is $673055.6, with a median of $668000.0 recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Research & Development increased 12.44% in 2024, then decreased 15.24% in 2026.
- Over 5 years, Research & Development stood at $673000.0 in 2022, then increased by 7.43% to $723000.0 in 2023, then increased by 4.01% to $752000.0 in 2024, then fell by 10.51% to $673000.0 in 2025, then retreated by 19.02% to $545000.0 in 2026.
- The last three Research & Development figures came in at $545000.0 (Q2 2026), $596000.0 (Q1 2026), and $673000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | West Bancorporation | 491.26 Mn | 57.56 Mn | - | 545,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 545,000.00 |
| Mar 31, 2026 | 596,000.00 |
| Dec 31, 2025 | 673,000.00 |
| Sep 30, 2025 | 663,000.00 |
| Jun 30, 2025 | 643,000.00 |
| Mar 31, 2025 | 617,000.00 |
| Dec 31, 2024 | 752,000.00 |
| Sep 30, 2024 | 771,000.00 |
| Jun 30, 2024 | 754,000.00 |
| Mar 31, 2024 | 714,000.00 |
| Dec 31, 2023 | 723,000.00 |
| Sep 30, 2023 | 703,000.00 |
| Jun 30, 2023 | 729,000.00 |
| Mar 31, 2023 | 635,000.00 |
| Dec 31, 2022 | 673,000.00 |
| Sep 30, 2022 | 644,000.00 |
| Jun 30, 2022 | 656,000.00 |
| Mar 31, 2022 | 624,000.00 |
| Dec 31, 2021 | 630,000.00 |
| Sep 30, 2021 | 616,000.00 |