West Bancorporation

West Bancorporation

WTBA· Finance· Fiscal year ends in December

CEO pay in FY2025Stock +2.5% in FY2025

David D. Nelson is the CEO of West Bancorporation and was paid $1.5M in FY2025 (Dec), up 17%.

Pay$100 in the stock at the end of FY20 → $124
CEO pay is from each West Bancorporation proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1David D. NelsonFY2025
  2. 2Brad L. WinterbottomFY2025
  3. 3Harlee N. OlafsonFY2025
  4. 4Bradley P. PetersFY2025
  5. 5Jane M. FunkFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

West Bancorporation paid its 5 named executives $5.0M in total in FY2025 (Dec). CEO David D. Nelson was paid $1.5M of that.

Name
David D. NelsonPresident and Chief Executive Officer of the Company and Chief Executive Officer of West Bank
Brad L. WinterbottomExecutive Vice President of the Company and President of West Bank
Harlee N. OlafsonExecutive Vice President and Chief Risk Officer of the Company and Executive Vice President, Chief Risk Officer and Chief Operating Officer of West Bank
Bradley P. PetersExecutive Vice President of the Company and Executive Vice President and Minnesota Market President of West Bank
Jane M. FunkExecutive Vice President, Treasurer and Chief Financial Officer of the Company and Executive Vice President and Chief Financial Officer of West Bank

of each named executive, from the Summary Compensation Table of each proxy.

Peers20

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The FY2025 (Dec) proxy of West Bancorporation names 20 peer companies for pay. Among West Bancorporation and these peers, CEO pay was 8th highest of 15 and total shareholder return was 9th highest of 15.

8th highest of 15in West Bancorporation and its pay peers, FY2025 (Dec) by CEO pay:

$690.8K$14.9M

9th highest of 15in West Bancorporation and its pay peers, FY2025 (Dec) by total shareholder return:

$100$335

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Activity

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Filings6

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Proxy statementDEF 14AMar 3, 2026FY2025
Annual report10-KFeb 26, 2026FY2025
Proxy statementDEF 14AMar 4, 2025FY2024
Annual report10-KFeb 20, 2025FY2024
Proxy statementDEF 14AMar 5, 2024FY2023
Annual report10-KFeb 22, 2024FY2023