West Bancorporation (WTBA) Research & Development (2010 - 2026)
West Bancorporation (WTBA) recorded quarterly Research & Development of $596000.0 in Q1 2026, down 11.44% quarter-over-quarter from $673000.0 in Q4 2025, and down 3.4% on a YoY basis from $617000.0 in Q1 2025.
West Bancorporation (WTBA) Research & Development (2010 - 2026) Analysis & Trends
West Bancorporation's Research & Development history runs 17 years deep, the most recent figure standing at $596000.0 for Q1 2026.
- In Q1 2026, Research & Development fell 3.4% year-over-year to $596000.0; the TTM figure through Mar 2026 stood at $2.6 million (down 11.02% YoY), while the FY2025 annual figure was $2.6 million, down 13.21% from the prior year.
- Research & Development was $596000.0 for Q1 2026 at West Bancorporation, down from $673000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $771000.0 in Q3 2024 to a low of $596000.0 in Q1 2026.
- Historically, Research & Development has averaged $680588.2 across 5 years, with a median of $673000.0 in 2022.
- The sharpest annual moves came in 2024 and 2025: Research & Development grew 12.44% in 2024, then decreased 14.72% in 2025.
- A 5-year view of Research & Development shows it stood at $673000.0 in 2022, then grew by 7.43% to $723000.0 in 2023, then grew by 4.01% to $752000.0 in 2024, then declined by 10.51% to $673000.0 in 2025, then dropped by 11.44% to $596000.0 in 2026.
- The last three Research & Development figures came in at $596000.0 (Q1 2026), $673000.0 (Q4 2025), and $663000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | West Bancorporation | 428.95 Mn | 66.98 Mn | - | 596,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 617,000.00 |