Westamerica Bancorporation Financials
Westamerica Bancorporation (WABC) reported $231.0M in revenue for fiscal year 2025, down 13.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Westamerica’s earnings convert cleanly into cash and a smaller balance sheet is steadily reducing leverage.
From FY2023 to FY2025, ROA stayed relatively high even as it eased from2.5% to2.0% . Over the same span, ROE compressed much more as debt-to-equity moved from 7.2x to 5.4x, showing that lower leverage—not just softer earnings—reduced the return delivered to common equity.
In FY2025, operating cash flow tracked net income at
Liabilities have been falling faster than assets since FY2023, which helps explain why equity kept building even while revenue and net income moved off their peak. FY2025 also paired aggressive buybacks of
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Westamerica Bancorporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Westamerica Bancorporation passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Westamerica Bancorporation generates $1.05 in operating cash flow ($121.9M OCF vs $116.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Westamerica Bancorporation generated $231.0M in revenue in fiscal year 2025. This represents a decrease of 13.8% from the prior year.
Westamerica Bancorporation reported $116.2M in net income in fiscal year 2025. This represents a decrease of 16.2% from the prior year.
Westamerica Bancorporation earned $4.52 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 13.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Westamerica Bancorporation generated $119.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 14.4% from the prior year.
Westamerica Bancorporation paid $1.82 per share in dividends in fiscal year 2025. This represents an increase of 3.4% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Westamerica Bancorporation's net profit margin was 50.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.4 percentage points from the prior year.
Westamerica Bancorporation's ROE was 12.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Westamerica Bancorporation spent $103.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 49321.4% from the prior year.
Westamerica Bancorporation invested $2.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 28.8% from the prior year.
Not reported for fiscal year 2025.
WABC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $225.6M | $231.0M-13.8% | $268.0M-5.6% | $284.0M+28.1% | $221.8M+27.9% | $173.4M+4.6% | $165.9M+4.5% | $158.7M+4.6% | $151.7M+9.7% | $138.3M+1.8% | $135.9M-0.4% | $136.5M-2.6% | $140.2M-9.2% | $154.4M-15.8% | $183.4M-11.8% | $208.0M |
| SG&A Expenses | $49.1M | $48.7M-3.2% | $50.3M+5.1% | $47.9M+3.8% | $46.1M-3.9% | $48.0M-5.4% | $50.7M-0.6% | $51.1M-3.7% | $53.0M+2.9% | $51.5M0.0% | $51.5M-1.3% | $52.2M-4.7% | $54.8M-3.3% | $56.6M-1.3% | $57.4M-1.9% | $58.5M |
| Interest Expense | $13.7M | $13.7M-21.3% | $17.4M+347.8% | $3.9M+102.1% | $1.9M-1.5% | $2.0M+7.2% | $1.8M-3.4% | $1.9M-3.6% | $2.0M+3.1% | $1.9M-10.2% | $2.1M-12.7% | $2.4M-29.6% | $3.4M-26.3% | $4.7M-18.7% | $5.7M-31.5% | $8.4M |
| Income Tax | $38.2M | $40.5M-19.7% | $50.4M-15.7% | $59.8M+37.3% | $43.6M+42.7% | $30.5M+15.6% | $26.4M+6.3% | $24.8M+27.8% | $19.4M-47.7% | $37.1M+76.0% | $21.1M+17.8% | $17.9M-2.1% | $18.3M-3.4% | $18.9M-25.5% | $25.4M-22.8% | $32.9M |
| Net Income | $110.8M | $116.2M-16.2% | $138.6M-14.3% | $161.8M+32.6% | $122.0M+41.1% | $86.5M+7.6% | $80.4M0.0% | $80.4M+12.3% | $71.6M+43.1% | $50.0M-15.0% | $58.9M+0.2% | $58.8M-3.1% | $60.6M-9.7% | $67.2M-17.2% | $81.1M-7.7% | $87.9M |
| EPS (Diluted) | — | $4.52-13.1% | $5.20-14.2% | $6.06+33.5% | $4.54+41.0% | $3.22+8.1% | $2.980.0% | $2.98+11.6% | $2.67+41.3% | $1.89-17.5% | $2.29-0.4% | $2.30-0.9% | $2.32-7.2% | $2.50-14.7% | $2.93-4.2% | $3.06 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
WABC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.0B-1.9% | $6.1B-4.5% | $6.4B-8.4% | $7.0B-6.8% | $7.5B+10.6% | $6.7B+20.1% | $5.6B+0.9% | $5.6B+1.0% | $5.5B+2.7% | $5.4B+3.8% | $5.2B+2.6% | $5.0B+3.9% | $4.8B-2.1% | $5.0B-1.8% | $5.0B |
| Goodwill | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M0.0% | $121.7M |
| Total Liabilities | $5.0B-3.1% | $5.2B-7.2% | $5.6B-11.9% | $6.3B-4.3% | $6.6B+12.4% | $5.9B+20.8% | $4.9B-1.3% | $5.0B+0.6% | $4.9B+2.5% | $4.8B+3.6% | $4.6B+2.8% | $4.5B+4.8% | $4.3B-2.0% | $4.4B-2.0% | $4.5B |
| Total Equity | $933.5M+4.9% | $890.0M+15.1% | $772.9M+28.4% | $602.1M-27.2% | $827.1M-2.1% | $844.8M+15.5% | $731.4M+18.8% | $615.6M+4.3% | $590.2M+5.1% | $561.4M+5.5% | $532.2M+1.1% | $526.6M-3.0% | $542.9M-3.1% | $560.1M+0.3% | $558.6M |
| Retained Earnings | $584.6M+0.5% | $581.6M+18.7% | $490.0M+27.9% | $383.1M+25.0% | $306.4M+15.9% | $264.4M+10.5% | $239.1M+16.2% | $205.8M+18.4% | $173.8M+5.1% | $165.3M+10.1% | $150.1M+6.9% | $140.5M-10.5% | $157.0M-7.9% | $170.4M+2.4% | $166.4M |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
WABC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $111.3M | $121.9M-13.9% | $141.6M-10.5% | $158.2M+39.1% | $113.7M+28.1% | $88.7M-17.6% | $107.7M+33.5% | $80.7M-16.5% | $96.6M+19.7% | $80.8M+4.0% | $77.6M+10.3% | $70.4M-14.5% | $82.3M-3.5% | $85.3M-28.6% | $119.5M-0.8% | $120.4M |
| Capital Expenditures | $2.6M | $2.2M+28.8% | $1.7M+50.2% | $1.2M+43.2% | $811K-38.7% | $1.3M-39.8% | $2.2M-44.9% | $4.0M+27.9% | $3.1M+14.8% | $2.7M+49.6% | $1.8M-59.4% | $4.5M+18.0% | $3.8M+123.9% | $1.7M-65.0% | $4.8M+46.1% | $3.3M |
| Free Cash Flow | $108.6M | $119.7M-14.4% | $139.8M-11.0% | $157.0M+39.1% | $112.9M+29.1% | $87.4M-17.2% | $105.5M+37.6% | $76.7M-18.0% | $93.5M+19.8% | $78.0M+2.9% | $75.8M+15.0% | $65.9M-16.0% | $78.5M-6.1% | $83.6M-27.1% | $114.6M-2.1% | $117.1M |
| Investing Cash Flow | -$311.9M | $149.6M-79.1% | $715.7M+30.8% | $547.3M+186.7% | -$631.3M-106.2% | -$306.1M+59.1% | -$748.9M-3258.8% | -$22.3M+91.2% | -$253.6M-246.1% | -$73.3M+62.9% | -$197.3M-92.9% | -$102.3M+65.4% | -$295.3M-679.8% | $50.9M+793.8% | $5.7M-91.6% | $67.6M |
| Financing Cash Flow | -$123.9M | -$305.2M+31.6% | -$446.1M+44.9% | -$809.4M-152.7% | -$320.3M-144.0% | $728.2M-18.1% | $889.0M+944.5% | -$105.3M-4850.4% | $2.2M-97.9% | $105.2M-29.3% | $148.9M+77.1% | $84.1M-31.0% | $121.8M+178.3% | -$155.6M+5.0% | -$163.8M-5197.2% | $3.2M |
| Dividends Paid | $45.7M | $46.9M0.0% | $47.0M+2.2% | $46.0M+1.7% | $45.2M+2.0% | $44.3M0.0% | $44.3M+0.8% | $43.9M+3.1% | $42.6M+3.2% | $41.3M+3.4% | $39.9M+2.0% | $39.1M-1.6% | $39.8M-0.8% | $40.1M-2.2% | $41.0M-1.6% | $41.7M |
| Share Buybacks | $139.7M | $103.8M+49321.4% | $210K-98.5% | $13.7M+6206.0% | $218K-6.0% | $232K-98.6% | $16.5M+3280.3% | $488K-6.9% | $524K+66.9% | $314K-94.2% | $5.4M-63.2% | $14.7M-71.7% | $52.2M-9.0% | $57.3M+11.3% | $51.5M-14.9% | $60.5M |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
WABC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 50.3%-1.4pp | 51.7%-5.2pp | 57.0%+1.9pp | 55.0%+5.1pp | 49.9%+1.4pp | 48.5%-2.2pp | 50.7%+3.5pp | 47.2%+11.0pp | 36.2%-7.1pp | 43.3%+0.3pp | 43.0%-0.2pp | 43.3%-0.3pp | 43.5%-0.7pp | 44.2%+2.0pp | 42.3% |
| Return on Equity | 12.4%-3.1pp | 15.6%-5.4pp | 20.9%+0.7pp | 20.3%+9.8pp | 10.5%+0.9pp | 9.5%-1.5pp | 11.0%-0.6pp | 11.6%+3.1pp | 8.5%-2.0pp | 10.5%-0.6pp | 11.0%-0.5pp | 11.5%-0.9pp | 12.4%-2.1pp | 14.5%-1.2pp | 15.7% |
| Return on Assets | 1.9%-0.3pp | 2.3%-0.3pp | 2.5%+0.8pp | 1.8%+0.6pp | 1.2%0.0pp | 1.2%-0.2pp | 1.4%+0.1pp | 1.3%+0.4pp | 0.9%-0.2pp | 1.1%0.0pp | 1.1%-0.1pp | 1.2%-0.2pp | 1.4%-0.3pp | 1.6%-0.1pp | 1.7% |
| Debt-to-Equity | 5.38-0.4x | 5.83-1.4x | 7.23-3.3x | 10.54+2.5x | 8.02+1.0x | 6.99+0.3x | 6.68-1.4x | 8.05-0.3x | 8.34-0.2x | 8.56-0.2x | 8.71+0.1x | 8.56+0.6x | 7.93+0.1x | 7.84-0.2x | 8.03 |
| FCF Margin | 51.8%-0.4pp | 52.2%-3.1pp | 55.3%+4.4pp | 50.9%+0.5pp | 50.4%-13.2pp | 63.6%+15.3pp | 48.3%-13.3pp | 61.6%+5.2pp | 56.4%+0.6pp | 55.8%+7.5pp | 48.3%-7.7pp | 56.0%+1.8pp | 54.2%-8.4pp | 62.5%+6.2pp | 56.3% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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Where Westamerica Bancorporation Ranks
Frequently Asked Questions
What is Westamerica Bancorporation's annual revenue?
Westamerica Bancorporation (WABC) reported $231.0M in total revenue for fiscal year 2025. This represents a -13.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Westamerica Bancorporation's revenue growing?
Westamerica Bancorporation (WABC) revenue declined by 13.8% year-over-year, from $268.0M to $231.0M in fiscal year 2025.
Is Westamerica Bancorporation profitable?
Yes, Westamerica Bancorporation (WABC) reported a net income of $116.2M in fiscal year 2025, with a net profit margin of 50.3%.
What is Westamerica Bancorporation's net profit margin?
Westamerica Bancorporation (WABC) had a net profit margin of 50.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Westamerica Bancorporation pay dividends?
Yes, Westamerica Bancorporation (WABC) paid $1.82 per share in dividends during fiscal year 2025.
What is Westamerica Bancorporation's return on equity (ROE)?
Westamerica Bancorporation (WABC) has a return on equity of 12.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Westamerica Bancorporation's free cash flow?
Westamerica Bancorporation (WABC) generated $119.7M in free cash flow during fiscal year 2025. This represents a -14.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Westamerica Bancorporation's operating cash flow?
Westamerica Bancorporation (WABC) generated $121.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Westamerica Bancorporation's total assets?
Westamerica Bancorporation (WABC) had $6.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Westamerica Bancorporation's capital expenditures?
Westamerica Bancorporation (WABC) invested $2.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Westamerica Bancorporation's debt-to-equity ratio?
Westamerica Bancorporation (WABC) had a debt-to-equity ratio of 5.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Westamerica Bancorporation's return on assets (ROA)?
Westamerica Bancorporation (WABC) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Westamerica Bancorporation's Piotroski F-Score?
Westamerica Bancorporation (WABC) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Westamerica Bancorporation's earnings high quality?
Westamerica Bancorporation (WABC) has an earnings quality ratio of 1.05x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Westamerica Bancorporation?
Westamerica Bancorporation (WABC) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.