WTBA (West Bancorp) Cyclically Adjusted FCF per Share: $2.25 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WTBA West Bancorp Inc WTBA
60 GF Score
Price $29.14
GF Value $25.29
Valuation Modestly Overvalued
! 7 Warning Signs
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What is West Bancorp Cyclically Adjusted FCF per Share?

West Bancorp WTBA -2.61% 60 Cyclically Adjusted FCF per Share is $2.25 as of Jun. 2026. GuruFocus rates WTBA with a GF Score™ of 60/100 and a GF Value™ of $25.29 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

West Bancorp's adjusted free cash flow per share for the three months ended in Jun. 2026 was $0.818. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, West Bancorp's average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of West Bancorp was 9.50% per year. The lowest was -2.00% per year. And the median was 1.70% per year.

As of today (2026-08-18), West Bancorp's current stock price is $29.14. West Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $2.25. West Bancorp's Cyclically Adjusted Price-to-FCF of today is 12.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of West Bancorp was 17.82. The lowest was 7.00. And the median was 12.03.


West Bancorp  (NAS:WTBA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

West Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.14/2.25
=12.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of West Bancorp was 17.82. The lowest was 7.00. And the median was 12.03.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


West Bancorp Cyclically Adjusted FCF per Share Related Terms


West Bancorp Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for West Bancorp's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

West Bancorp Cyclically Adjusted FCF per Share Chart

West Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 2.22 2.06 2.02 2.09

West Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 2.10 2.09 2.19 2.25

WTBA vs PBAM, BMRC, CBAN: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, West Bancorp's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


West Bancorp Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, West Bancorp's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where West Bancorp's Cyclically Adjusted Price-to-FCF falls into.


WTBA
60GF Score
West Bancorp Inc WTBA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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West Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, West Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.818/333.9520*333.9520
=0.818

Current CPI (Jun. 2026) = 333.9520.

West Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.320 241.428 0.443
201612 0.332 241.432 0.459
201703 0.432 243.801 0.592
201706 0.437 244.955 0.596
201709 0.425 246.819 0.575
201712 0.438 246.524 0.593
201803 0.583 249.554 0.780
201806 0.449 251.989 0.595
201809 0.606 252.439 0.802
201812 0.468 251.233 0.622
201903 0.399 254.202 0.524
201906 0.589 256.143 0.768
201909 0.630 256.759 0.819
201912 0.561 256.974 0.729
202003 0.620 258.115 0.802
202006 0.779 257.797 1.009
202009 0.445 260.280 0.571
202012 0.574 260.474 0.736
202103 0.843 264.877 1.063
202106 0.673 271.696 0.827
202109 0.635 274.310 0.773
202112 0.779 278.802 0.933
202203 0.509 287.504 0.591
202206 0.985 296.311 1.110
202209 0.701 296.808 0.789
202212 0.075 296.797 0.084
202303 -0.278 301.836 -0.308
202306 -0.004 305.109 -0.004
202309 -0.114 307.789 -0.124
202312 -0.267 306.746 -0.291
202403 -0.251 312.332 -0.268
202406 0.162 314.175 0.172
202409 0.411 315.301 0.435
202412 0.483 315.605 0.511
202503 0.484 319.799 0.505
202506 0.750 322.561 0.776
202509 0.632 324.800 0.650
202512 0.668 324.054 0.688
202603 0.720 330.213 0.728
202606 0.818 333.952 0.818

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $2.25 mean?
West Bancorp (WTBA) has a Cyclically Adjusted FCF per Share of $2.25 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on West Bancorp and its competitors.
Is West Bancorp's Cyclically Adjusted FCF per Share too high?
West Bancorp's current Cyclically Adjusted FCF per Share is $2.25. Overall, West Bancorp has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does West Bancorp's Cyclically Adjusted FCF per Share compare to PBAM and BMRC?
West Bancorp's Cyclically Adjusted FCF per Share of $2.25 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on West Bancorp and its competitors. West Bancorp's current Cyclically Adjusted FCF per Share is $2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Bancorp stock overvalued right now?
Based on GuruFocus' analysis, West Bancorp (WTBA) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.29, compared to a current price of $29.14 — trading 15.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $2.25. West Bancorp's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For West Bancorp (WTBA), the current Cyclically Adjusted FCF per Share is $2.25 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is West Bancorp (WTBA) Overvalued in 2026?

Based on GuruFocus' analysis, West Bancorp stock appears to be overvalued. The current stock price of $29.14 is trading 15.2% above its estimated GF Value™ of $25.29. GuruFocus considers West Bancorp to be Modestly Overvalued.

Key valuation signals for WTBA:

  • Cyclically Adjusted FCF per Share: $2.25
  • GF Value™: $25.29 vs. price of $29.14 (15.2% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the WTBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Bancorp Business Description

Other Exchanges WB3:Germany
Address 3330 Westown Parkway, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America.
60GF Score

Get the complete analysis for WTBA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.14
Price
$25.29
GF Value