West Bancorporation Inc.
West Bancorporation, Inc. is a financial holding company based in West Des Moines, Iowa. Founded in 1985, it operates primarily through its banking subsidiary, West Bank, offering a full suite of community banking and trust services to individuals and small- to medium-sized businesses. The company provides products such as checking, savings, money market accounts, commercial and consumer loans, and treasury management. It emphasizes strong customer and business relationships, and focuses on maintaining consistent, profitable growth. As of 2025, the company employs approximately 185 people and serves markets in central and eastern Iowa and southern Minnesota.
Investment Strategy
West Bancorporation, Inc. focuses on business banking and community financial services aimed at individuals and small- to medium-sized businesses. The strategy centers on building strong local relationships, offering customized financial solutions, and maintaining financial stability and profitability through cost control and disciplined lending practices. The company prioritizes above-average employee compensation for strong performance and targets sustainable growth in its regional markets.
Latest 13F Filing Activity
West Bancorporation Inc. filed their most recent 13F report on Sep 30, 2025 disclosing 110 equity positions with a total 13F market value of $180M. The fund increased holdings in Vanguard Whitehall FDS, SPDR S&P 500 Eft Trust, Invesco QQQ Trust among other positions. West Bancorporation Inc. reduced exposure to Ishares TR, Southern Co., Honeywell International Inc. among others.
Top Holdings
Equity Positions (110)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IWF | ISHARES Tr | 7.87% | $14.1M | 30,206 | $299.42 | $468.41 | +$623.8K |
I IWD | ISHARES Tr | 7.10% | $12.8M | 62,684 | $168.20 | $203.59 | +$406.1K |
V VOO | Vanguard Index FDS | 5.40% | $9.7M | 15,846 | $430.07 | $612.38 | +$815.8K |
V VYM | Vanguard Whitehall FDS | 5.23% | $9.4M | 66,679 | $116.17 | $140.95 | +$667.9K |
I IVV | ISHARES Tr | 4.97% | $8.9M | 13,354 | $499.00 | $669.30 | +$560.6K |
Industry Allocation
Investment Team (5)
| Name | Role | Location | |
|---|---|---|---|
D Derrick Rogers | Information Security Analyst | Des Moines, IA , United States | |
 | First Vice President and Portfolio Manager ll | Des Moines, IA , United States | |
 | First Vice President and Portfolio Manager | Rochester, MN , United States | |
 | Portfolio Manager | Iowa City, IA , United States | |
 | Portfolio Manager | Saint Paul, MN , United States |