Westamerica Bancorporation (WABC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WABC SEC filings page.
Westamerica Bancorporation (WABC) reported $251.9M in revenue over the twelve months to Jun 30, 2026, down 8.3% from the prior twelve months. 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 remains highly profitable and cash-generative, but its smaller balance sheet and falling revenue are reducing returns from recent peaks.
The two-year revenue contraction was accompanied by a margin step-down, from50.0% in FY2023 to45.0% in FY2025, showing that lower activity was not the only pressure on profit. Because FY2025 operating cash flow of$121.9M nearly matched net income of$116.2M , the earnings decline remained cash-backed rather than reflecting a widening accrual gap.
Debt-to-equity declined to 5.4x in FY2025 from 7.2x in FY2023. That deleveraging coincided with a smaller asset base, suggesting the bank is operating with less balance-sheet scale and a thicker equity cushion.
FY2025 free cash flow 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 earned a return on assets of 1.9% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 2.3% the prior year. Earnings ranks banks on that return over three years, and Westamerica Bancorporation scores 92/100 among other banks.
Westamerica Bancorporation reported revenue of $258.1M in fiscal year 2025, against $293.8M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Westamerica Bancorporation scores 6/100 among other banks.
Westamerica Bancorporation funded 15.7% of its assets with shareholders' equity at the end of fiscal year 2025, holding $933.5M of equity against $6.0B of assets. Capital ranks banks on that cushion, and Westamerica Bancorporation scores 81/100 among other banks.
Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Westamerica Bancorporation scores 98/100 on it among other banks.
Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. Westamerica Bancorporation scores 81/100 on it among other banks.
Westamerica Bancorporation reported net income of $116.2M in fiscal year 2025, against $138.6M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Westamerica Bancorporation scores 59/100 among other banks.
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 $62.8M in revenue in Q2 2026. This represents a decrease of 2.8% from the same quarter a year earlier. Against the prior quarter it is up 1.1%.
Westamerica Bancorporation reported $27.4M in net income in Q2 2026. This represents a decrease of 5.8% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.
Westamerica Bancorporation earned $1.17 per diluted share (EPS) in Q2 2026. This represents an increase of 4.5% from the same quarter a year earlier. Against the prior quarter it is up 3.5%.
Not reported for Q2 2026.
Cash & Balance Sheet
Westamerica Bancorporation generated $15.2M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 33.1% from the same quarter a year earlier. Against the prior quarter it is down 60.7%.
Westamerica Bancorporation paid $0.48 per share in dividends in Q2 2026. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 4.3%.
Not reported for Q2 2026.
Margins & Returns
Westamerica Bancorporation's net profit margin was 43.6% in Q2 2026, showing the share of revenue converted to profit. This is down 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Westamerica Bancorporation's ROE was 3.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Westamerica Bancorporation spent $41.5M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 18.6%.
Westamerica Bancorporation invested $305K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 58.5% from the same quarter a year earlier. Against the prior quarter it is down 70.0%.
Not reported for Q2 2026.
WABC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.8M-2.8% | $62.1M-6.5% | $63.3M-9.0% | $63.7M-14.0% | $64.6M-13.0% | $66.4M-12.4% | $69.6M-13.4% | $74.1M-10.7% |
| SG&A Expenses | $12.5M+1.9% | $12.3M+1.6% | $11.9M-4.7% | $12.4M-2.9% | $12.3M-1.4% | $12.1M-3.7% | $12.5M-51.2% | $12.8M+8.0% |
| Interest Expense | $3.3M+4.1% | $3.3M-3.0% | $3.5M+0.5% | $3.6M-35.4% | $3.2M-39.9% | $3.4M+13.2% | $3.5M-95.0% | $5.6M+398.2% |
| Income Tax | $9.3M-6.5% | $9.1M-15.6% | $10.0M-16.5% | $9.7M-23.9% | $10.0M-21.1% | $10.8M-17.1% | $12.0M | $12.7M-17.2% |
| Net Income | $27.4M-5.8% | $27.4M-11.9% | $27.8M-12.3% | $28.3M-19.4% | $29.1M-18.0% | $31.0M-14.8% | $31.7M-19.7% | $35.1M-15.7% |
| EPS (Basic) | $1.17+4.5% | $1.13-2.6% | $1.12-5.9% | $1.12-14.5% | $1.12-15.8% | $1.16-15.3% | $1.19-19.6% | $1.31-16.0% |
| EPS (Diluted) | $1.17+4.5% | $1.13-2.6% | $1.12-5.9% | $1.12-14.5% | $1.12-15.8% | $1.16-15.3% | $1.19-19.6% | $1.31-16.0% |
| Diluted Shares (Avg) | 23M-9.9% | 24M-8.8% | N/A | 25M-5.0% | 26M-3.0% | 27M-0.1% | N/A | 27M+0.1% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
WABC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.8B-0.3% | $5.9B-1.7% | $6.0B-1.9% | $5.9B-4.0% | $5.8B-7.7% | $6.0B-7.7% | $6.1B-4.5% | $6.2B-6.2% |
| 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% |
| Total Liabilities | $5.0B+1.0% | $5.0B-1.2% | $5.0B-3.1% | $5.0B-5.1% | $4.9B-10.8% | $5.0B-11.1% | $5.2B-7.2% | $5.3B-11.3% |
| Total Equity | $853.1M-7.4% | $882.7M-4.4% | $933.5M+4.9% | $931.6M+2.5% | $921.8M+13.0% | $923.1M+16.6% | $890.0M+15.1% | $909.0M+40.2% |
| Retained Earnings | $555.7M-4.4% | $567.6M-3.6% | $584.6M+0.5% | $583.0M+3.8% | $581.6M+8.0% | $589.1M+14.5% | $581.6M+18.7% | $561.6M+21.5% |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.5M-33.9% | $39.7M-6.3% | $26.6M-10.8% | $29.4M-27.5% | $23.5M+23.6% | $42.4M-18.8% | $29.8M+473.0% | $40.6M-30.7% |
| Depreciation & Amortization | $736K-66.7% | $929K-53.8% | -$3.6M+36.6% | $1.9M-22.5% | $2.2M-22.5% | $2.0M-32.2% | -$5.6M | $2.4M-19.5% |
| Capital Expenditures | $305K-58.5% | $1.0M+410.1% | $626K-6.1% | $686K+38.9% | $735K+59.4% | $199K+63.1% | $667K+152.7% | $494K+60.9% |
| Free Cash Flow | $15.2M-33.1% | $38.7M-8.2% | $25.9M-10.9% | $28.7M-28.3% | $22.8M+22.7% | $42.2M-19.0% | $29.1M+453.0% | $40.1M-31.2% |
| Investing Cash Flow | -$39.8M-161.7% | -$98.9M-138.3% | -$133.7M-192.3% | -$39.5M-117.8% | $64.5M-70.4% | $258.3M+97.4% | $144.8M+105.6% | $222.0M+61.9% |
| Financing Cash Flow | -$71.1M+62.4% | -$111.4M+36.3% | $15.7M+120.6% | $42.9M+117.5% | -$188.9M-2.0% | -$174.8M-387.2% | -$76.0M+74.0% | -$245.7M-494.9% |
| Dividends Paid | $11.3M-6.3% | $11.3M-4.1% | $11.5M-2.4% | $11.7M-0.3% | $12.0M+2.4% | $11.8M+0.1% | $11.7M+0.1% | $11.7M+0.1% |
| Share Buybacks | $41.5M+8.3% | $51.0M+179.9% | $23.3M | $23.9M | $38.3M | $18.2M+8578.6% | $0 | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation.
WABC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 43.6%-1.4pp | 44.1%-2.7pp | 43.9%-1.7pp | 44.3%-3.0pp | 45.0%-2.7pp | 46.7%-1.3pp | 45.6%-3.5pp | 47.3%-2.8pp |
| Return on Equity | 3.2%+0.1pp | 3.1%-0.3pp | 3.0%-0.6pp | 3.0%-0.8pp | 3.1%-1.2pp | 3.4%-1.2pp | 3.6%-1.6pp | 3.9%-2.6pp |
| Return on Assets | 0.5%0.0pp | 0.5%0.0pp | 0.5%0.0pp | 0.5%-0.1pp | 0.5%-0.1pp | 0.5%0.0pp | 0.5%-0.1pp | 0.6%-0.1pp |
| Debt-to-Equity | 5.80+0.5x | 5.64+0.2x | 5.38-0.4x | 5.35-0.4x | 5.32-1.4x | 5.46-1.7x | 5.83-1.4x | 5.78-3.4x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 24.3%-11.0pp | 62.4%-1.1pp | 41.0%-0.9pp | 45.1%-9.0pp | 35.3%+10.3pp | 63.5%-5.1pp | 41.8%+52.1pp | 54.1%-16.1pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Westamerica Bancorporation WABC | FY2025 | $258.1M | $116.2M | 45.0% | $1.4B | 70/100 |
| Bank First Corporation BFC | FY2025 | $173.9M | $71.5M | 41.1% | $1.7B | 69/100 |
| Byline Bancorp, Inc. BY | FY2025 | $446.3M | $130.1M | 29.1% | $1.7B | 59/100 |
| QCR Holdings Inc QCRH | FY2025 | $369.5M | $127.2M | 34.4% | $1.7B | 52/100 |
| Center Bancorp Inc CNOB | FY2025 | $388.3M | $80.4M | 20.7% | $1.5B | 52/100 |
| Dime Commercial Bancshares, Inc. DCOM | FY2025 | $452.9M | $110.7M | 24.4% | $1.8B | 37/100 |
Where Westamerica Bancorporation Ranks
Frequently Asked Questions
What is Westamerica Bancorporation's annual revenue?
Westamerica Bancorporation (WABC) reported $258.1M in total revenue for fiscal year 2025. This represents a -12.2% 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 12.2% year-over-year, from $293.8M to $258.1M 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 45.0%.
What is Westamerica Bancorporation's net profit margin?
Westamerica Bancorporation (WABC) had a net profit margin of 45.0% 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 P/E ratio?
Westamerica Bancorporation (WABC) trades at 12.3x earnings, its market capitalization divided by net income of $110.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Westamerica Bancorporation's price-to-sales ratio?
Westamerica Bancorporation (WABC) trades at 5.4x sales, its market capitalization divided by revenue of $251.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
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 70 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.