Bankwell Financial Group, Inc. (BWFG) vs West Bancorporation, Inc. (WTBA)
A side-by-side comparison of Bankwell Financial Group, Inc. and West Bancorporation, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — BWFG vs WTBA
growth of $100 · dividends reinvested · last 10yBWFG vs WTBA: by the numbers
- •BWFG is the larger company ($525M vs $503M market cap).
- •BWFG trades at the lower trailing earnings multiple (12.26 vs 13.18 P/E), one valuation lens rather than an overall verdict.
- •BWFG converts more revenue to profit (19.78% vs 19.14% net margin).
- •BWFG grew revenue faster over the past five years (21.58% vs 12.31% CAGR).
- •WTBA pays the higher dividend yield (3.40% vs 1.21%).
Metrics side by side
Valuation
| Metric | BWFG | WTBA |
|---|---|---|
| P/E ratio | 12.26 | 13.18 |
| Forward P/E | 11.41 | 11.36 |
| PEG ratio | 0.29 | N/A |
| P/S ratio | 2.42 | 2.51 |
| P/B ratio | 1.62 | 1.79 |
Profitability
| Metric | BWFG | WTBA |
|---|---|---|
| Operating margin | 26.96% | 24.35% |
| Net margin | 19.78% | 19.14% |
| ROE | 13.25% | 13.66% |
Bankwell Financial Group, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
West Bancorporation, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | BWFG | WTBA |
|---|---|---|
| Dividend yield | 1.21% | 3.40% |
| Payout ratio | 14.90% | 45.09% |
Growth (annualized)
| Metric | BWFG | WTBA |
|---|---|---|
| Revenue CAGR (5Y) | 21.58% | 12.31% |
| EPS CAGR (5Y) | 43.04% | -0.71% |
| Total return CAGR (5Y) | 20.07% | 3.59% |
Frequently asked
- Which has the lower trailing P/E, BWFG or WTBA?
- BWFG has the lower trailing P/E: BWFG trades at 12.26 and WTBA at 13.18. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BWFG or WTBA?
- Over the past five years, BWFG grew revenue faster — BWFG at a 21.58% CAGR versus WTBA at 12.31%.
- Does BWFG or WTBA pay a bigger dividend?
- BWFG yields 1.21% and WTBA yields 3.40% based on trailing dividends and the latest price.
- Is BWFG or WTBA more profitable?
- BWFG runs the higher net margin — BWFG at 19.78% versus WTBA at 19.14%.
- How have BWFG and WTBA total returns compared?
- Over the past 10 years, BWFG delivered 13.12% and WTBA delivered 8.73% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bankwell Financial & West Bancorporation appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.