13F-HR: West Bancorporation Discloses Q3 2025 Equity Holdings

West Bancorporation Inc. discloses its equity holdings for the quarter ended September 30, 2025, totaling over $179 million across 110 positions.

Summary

• West Bancorporation Inc. filed its Form 13F-HR for the calendar quarter ended September 30, 2025.
• The total market value of the institutional investment manager's holdings is $179,854,603.
• The report lists a total of 110 distinct equity holdings entries.
• The filing is a 13F Holdings Report, indicating that all holdings of the reporting manager are included.
• One other manager, West Bank, is included in this report.
• The report was signed by SueAnn Niehaus, Vice President/Trust Operations, on October 23, 2025.

Sentiment

Score: 5

Explanation: The filing is a standard regulatory disclosure of equity holdings, providing factual information without inherent positive or negative sentiment regarding the company's operational performance.

Positives

• Full disclosure of equity holdings demonstrates transparency in investment activities.
• Compliance with SEC reporting requirements for institutional investment managers.

Negatives

• No specific negative financial or operational details are disclosed in this regulatory filing.

Risks

• The market value of reported holdings is subject to fluctuations based on overall market conditions and individual security performance.
• A significant portion of the portfolio is held in various ETFs, which carry their own underlying market risks.
• A substantial holding in its own stock, West Bancorporation Inc. Capital Stock, valued at $8,624,560 (424,437 shares), represents a concentration risk.

Future Outlook

N/A This filing is a disclosure of past equity holdings and does not provide forward-looking statements or guidance.

Management Comments

• The person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Industry Context

This filing provides a snapshot of West Bancorporation Inc.'s equity investment strategy as of Q3 2025, reflecting its portfolio allocation across various sectors and market capitalizations, consistent with typical institutional investment management practices.

Comparison to Industry Standards

• N/A This filing is a standard regulatory disclosure of equity holdings and does not contain performance metrics or strategic comparisons to industry benchmarks or competitors.

Stakeholder Impact

• Provides transparency to shareholders and potential investors regarding the institution's investment strategy and portfolio composition.
• No direct impact on employees, customers, suppliers, or creditors is detailed in this type of filing.

Key Dates

Keywords

13F-HR, institutional holdings, equity portfolio, investment management, West Bancorporation, SEC filing, portfolio disclosure, Q3 2025 holdings