“West Bank has once again been recognized by banking industry investment bank and research firm Piper Sandler as one of the Best Banks in America for 2021," said CEO Dave Nelson. West Bank was selected for the honor out of a field of 386 publicly traded banks and thrifts. The criteria included growth, profitability, credit quality and capital strength.
The 35 winners of top-performing status represent about 10% of the eligible pool across the country. West Bank was the only bank in Iowa to make the list and one of very few from the Midwest.
The Sm-All Star award examines top performing public banks with a market capitalization of $25 million to $2.5 billion. Piper Sandler has recognized West Bancorporation Inc. with the Sm-All Star award five times. The Company was named a Sm-All Star in 2012, 2013, 2014, 2015 and again in 2021.