WEST BANCORPORATION, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | 60.0% | 34.9% |
| FY2016 | — | 62.7% | 35.4% |
| FY2017 | — | 71.9% | 33.6% |
| FY2018 | — | 82.8% | 40.8% |
| FY2019 | — | 91.0% | 38.4% |
| FY2020 | — | 63.6% | 35.4% |
| FY2021 | — | 71.7% | 47.3% |
| FY2022 | — | 89.3% | 45.5% |
| FY2023 | — | 153.1% | 30.5% |
| FY2024 | — | 34.4% | 30.1% |