# WTBA earnings call intelligence

LOPJLB CallCard / temporal rollup · freemium · [stock page](https://www.lopjlb.com/stock/WTBA) · [Earnings tab](https://www.lopjlb.com/stock/WTBA?tab=earnings)

Updated: 2026-07-23T04:29:00

Quarters analyzed: 8

## Cross-quarter narrative

Over eight quarters, WTBA transitioned from flat loan growth and margin headwinds to consistent NIM expansion (+49bps YoY by Q4 2025), driven by asset repricing, wholesale funding reduction (>$200M by Q4 2024, further $127M by Q2 2025), and core deposit growth (+15.8% YoY Q4 2024, $212M Q4 2025). Minnesota expansion facilities (Owatonna, HQ) were delivered by Q4 2024. Credit quality remained pristine throughout (0% NPLs, zero nonaccruals). Dividend held at $0.25. Securities repositioning emerged (two loss trades for reinvestment). Loan growth stayed modest; payoffs offset originations, though pipeline described as robust but selective. Persistent fears: CRE repricing/office vacancy, municipal deposit volatility, economic uncertainty, and deposit cost sensitivity. New concerns: tariffs (Q1 2025) and tax credit expiration. Management tone improved then moderated; uncertainty remained elevated. Q3 2025 and Q1 2026 calls provided no new detail. Q4 2025 highlighted M&A-driven loan prospects and $400M fixed-rate loans repricing 1.5-2% higher.

## Latest CallCard · Q1

**Guidance:** vague

**Tone:** mgmt 0 · Q&A pressure 0 · divergence 0

## Quarter one-liners

- **2026 Q1:** —
- **2025 Q4:** WTBA Q4 2025: Net income up 35% YoY to $32.6M; NIM expanded 49bps YoY to ~2.5%; pristine credit quality (0% NPLs); deposits grew $212M core; loan payoffs offset growth; securities loss trade positions for 2026. Dividend $0.25 declared. Loan growth expected to accelerate with economic expansion; depo
- **2025 Q3:** —
- **2025 Q2:** WTBA Q2'25: H1 earnings up 54% YoY, loan yields rising (5.59%), deposit costs tick up 4bps, credit pristine (zero nonaccruals), pipeline robust but selective, margin improvement expected H2 from asset repricing. Dividend $0.25/sh (yield >5%). Municipal deposit inflow $195M reduced brokered funding $
- **2025 Q1:** Westbank reports flat loan and deposit growth but improved margins, strong credit quality and a completed construction program, while noting economic uncertainty and tariff risks.
- **2024 Q4:** WTBA Q4 2024: Best quarter in 7 quarters, NIM up 7bps, core deposits +15.8% YoY, wholesale funding cut >$200M, credit pristine, 2025 improvement underway with rate cuts and asset repricing. Dividend $0.25 maintained. Securities sold for loan reinvestment. Minnesota facilities completed.
- **2024 Q3:** WTBA Q3: loan growth modest, NIM up 5bps, credit quality strong, deposit gathering showing results, Minnesota expansion on track despite Owatonna delay. Dividend maintained at $0.25/share. Temporary deposits may withdraw in 2025. CRE repricing risk noted but stress-tested. No explicit guidance.
- **2024 Q2:** WTBA Q2: flat loans, stable margin, pristine credit (0.03% watch list), $123M construction pipeline, new HQ costs embedded, Minnesota expansion on track, muni deposit to draw down 12-18mo. Dividend $0.25 maintained. Swap maturities below 2% in H2 pose margin headwind. Deposit competition intense. No

## Guidance path

2024 Q2:vague → 2024 Q3:vague → 2024 Q4:vague → 2025 Q1:maintained → 2025 Q2:vague → 2025 Q3:vague → 2025 Q4:vague → 2026 Q1:vague

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Research context only. Not personalized investment advice.

API: `GET /bff/api/bigfive/earnings-intel/WTBA`