What is Westamerica Bancorporation's earnings per share (EPS)?

Westamerica Bancorporation (WABC) reported diluted earnings per share of $4.52 for fiscal year 2025. This represents a -13.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Westamerica Bancorporation Financials

WABC

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Westamerica Bancorporation (WABC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 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).

Financial Health Signals

Financial Profile 37/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Westamerica Bancorporation's revenue declined 13.8% year-over-year, from $268.0M to $231.0M. This contraction results in a growth score of 10/100.

Leverage

Westamerica Bancorporation has elevated debt relative to equity (D/E of 5.38), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Westamerica Bancorporation converts 51.8% of revenue into free cash flow ($119.7M). This strong cash generation earns a score of 100/100.

Returns

Westamerica Bancorporation's ROE of 12.4% shows moderate profitability relative to equity, earning a score of 39/100. This is down from 15.6% the prior year.

Piotroski F-Score Neutral

4/9

Westamerica Bancorporation passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.05x

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

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Earnings & Revenue

Revenue

$231.0M

YoY-13.8%

5Y CAGR+6.8%

10Y CAGR+5.4%

Westamerica Bancorporation generated $231.0M in revenue in fiscal year 2025. This represents a decrease of 13.8% from the prior year.

EBITDA

N/A

Net Income

$116.2M

YoY-16.2%

5Y CAGR+7.6%

10Y CAGR+7.1%

Westamerica Bancorporation reported $116.2M in net income in fiscal year 2025. This represents a decrease of 16.2% from the prior year.

EPS (Diluted)

$4.52

YoY-13.1%

5Y CAGR+8.7%

10Y CAGR+7.0%

Westamerica Bancorporation earned $4.52 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 13.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$119.7M

YoY-14.4%

5Y CAGR+2.5%

10Y CAGR+6.1%

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.

Cash & Debt

N/A

Dividends Per Share

$1.82

YoY+3.4%

5Y CAGR+2.1%

10Y CAGR+1.8%

Westamerica Bancorporation paid $1.82 per share in dividends in fiscal year 2025. This represents an increase of 3.4% from the prior year.

Shares Outstanding

25M

YoY-7.8%

5Y CAGR-1.7%

10Y CAGR-0.4%

Westamerica Bancorporation had 25M shares outstanding in fiscal year 2025. This represents a decrease of 7.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

50.3%

YoY-1.4pp

5Y CAGR+1.8pp

10Y CAGR+7.3pp

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.

Return on Equity

12.4%

YoY-3.1pp

5Y CAGR+2.9pp

10Y CAGR+1.4pp

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.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$103.8M

YoY+49321.4%

5Y CAGR+44.5%

10Y CAGR+21.6%

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.

Capital Expenditures

$2.2M

YoY+28.8%

5Y CAGR+0.4%

10Y CAGR-6.7%

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.

WABC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$231.0M-13.8%	$268.0M-5.6%	$284.0M+28.1%	$221.8M+27.9%	$173.4M+4.6%	$165.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$13.7M-21.3%	$17.4M+347.8%	$3.9M+102.1%	$1.9M-1.5%	$2.0M+7.2%	$1.8M
Income Tax	$40.5M-19.7%	$50.4M-15.7%	$59.8M+37.3%	$43.6M+42.7%	$30.5M+15.6%	$26.4M
Net Income	$116.2M-16.2%	$138.6M-14.3%	$161.8M+32.6%	$122.0M+41.1%	$86.5M+7.6%	$80.4M
EPS (Diluted)	$4.52-13.1%	$5.20-14.2%	$6.06+33.5%	$4.54+41.0%	$3.22+8.1%	$2.98

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$56.8M-0.8%	$57.2M-0.4%	$57.5M-3.4%	$59.5M-4.7%	$62.4M-8.0%	$67.8M-1.9%	$69.1M+0.5%	$68.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$3.5M-4.5%	$3.6M+14.3%	$3.2M-6.1%	$3.4M-2.0%	$3.5M-38.6%	$5.6M+6.4%	$5.3M+76.8%	$3.0M
Income Tax	$10.0M+3.7%	$9.7M-3.2%	$10.0M-7.4%	$10.8M-10.1%	$12.0M-5.4%	$12.7M+0.3%	$12.7M-2.7%	$13.0M
Net Income	$27.8M-1.6%	$28.3M-2.8%	$29.1M-6.4%	$31.0M-2.1%	$31.7M-9.6%	$35.1M-1.1%	$35.5M-2.6%	$36.4M
EPS (Diluted)	N/A	$1.120.0%	$1.12-3.4%	$1.16	N/A	$1.31-1.5%	$1.33-2.9%	$1.37

WABC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$6.0B-1.9%	$6.1B-4.5%	$6.4B-8.4%	$7.0B-6.8%	$7.5B+10.6%	$6.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$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
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$933.5M+4.9%	$890.0M+15.1%	$772.9M+28.4%	$602.1M-27.2%	$827.1M-2.1%	$844.8M
Retained Earnings	$584.6M+0.5%	$581.6M+18.7%	$490.0M+27.9%	$383.1M+25.0%	$306.4M+15.9%	$264.4M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$6.0B+0.8%	$5.9B+1.5%	$5.8B-2.4%	$6.0B-1.8%	$6.1B-1.4%	$6.2B-2.4%	$6.3B-2.4%	$6.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$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+0.9%	$5.0B+1.6%	$4.9B-2.8%	$5.0B-2.8%	$5.2B-1.3%	$5.3B-4.4%	$5.5B-3.1%	$5.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$933.5M+0.2%	$931.6M+1.1%	$921.8M-0.1%	$923.1M+3.7%	$890.0M-2.1%	$909.0M+11.5%	$815.6M+3.0%	$791.7M
Retained Earnings	$584.6M+0.3%	$583.0M+0.2%	$581.6M-1.3%	$589.1M+1.3%	$581.6M+3.6%	$561.6M+4.3%	$538.3M+4.6%	$514.6M

WABC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$121.9M-13.9%	$141.6M-10.5%	$158.2M+39.1%	$113.7M+28.1%	$88.7M-17.6%	$107.7M
Capital Expenditures	$2.2M+28.8%	$1.7M+50.2%	$1.2M+43.2%	$811K-38.7%	$1.3M-39.8%	$2.2M
Free Cash Flow	$119.7M-14.4%	$139.8M-11.0%	$157.0M+39.1%	$112.9M+29.1%	$87.4M-17.2%	$105.5M
Investing Cash Flow	$149.6M-79.1%	$715.7M+30.8%	$547.3M+186.7%	-$631.3M-106.2%	-$306.1M+59.1%	-$748.9M
Financing Cash Flow	-$305.2M+31.6%	-$446.1M+44.9%	-$809.4M-152.7%	-$320.3M-144.0%	$728.2M-18.1%	$889.0M
Dividends Paid	$46.9M0.0%	$47.0M+2.2%	$46.0M+1.7%	$45.2M+2.0%	$44.3M0.0%	$44.3M
Share Buybacks	$103.8M+49321.4%	$210K-98.5%	$13.7M+6206.0%	$218K-6.0%	$232K-98.6%	$16.5M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$26.6M-9.7%	$29.4M+25.1%	$23.5M-44.5%	$42.4M+42.4%	$29.8M-26.6%	$40.6M+113.1%	$19.0M-63.5%	$52.2M
Capital Expenditures	$626K-8.7%	$686K-6.7%	$735K+269.3%	$199K-70.2%	$667K+35.0%	$494K+7.2%	$461K+277.9%	$122K
Free Cash Flow	$25.9M-9.7%	$28.7M+26.1%	$22.8M-46.0%	$42.2M+45.0%	$29.1M-27.3%	$40.1M+115.7%	$18.6M-64.3%	$52.1M
Investing Cash Flow	-$133.7M-238.8%	-$39.5M-161.2%	$64.5M-75.0%	$258.3M+78.3%	$144.8M-34.8%	$222.0M+1.8%	$218.0M+66.6%	$130.8M
Financing Cash Flow	$15.7M-63.4%	$42.9M+122.7%	-$188.9M-8.1%	-$174.8M-129.9%	-$76.0M+69.0%	-$245.7M-32.7%	-$185.2M-404.2%	$60.9M
Dividends Paid	$11.5M-2.0%	$11.7M-2.7%	$12.0M+2.3%	$11.8M+0.1%	$11.7M0.0%	$11.7M0.0%	$11.7M0.0%	$11.7M
Share Buybacks	$23.3M-2.3%	$23.9M-37.7%	$38.3M+110.4%	$18.2M	$0	$0	$0-100.0%	$210K

WABC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	50.3%-1.4pp	51.7%-5.2pp	57.0%+1.9pp	55.0%+5.1pp	49.9%+1.4pp	48.5%
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%
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%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.38-0.4	5.83-1.4	7.23-3.3	10.54+2.5	8.02+1.0	6.99
FCF Margin	51.8%-0.4pp	52.2%-3.1pp	55.3%+4.4pp	50.9%+0.5pp	50.4%-13.2pp	63.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	49.0%-0.4pp	49.4%-1.2pp	50.6%-1.6pp	52.2%+1.4pp	50.8%-0.9pp	51.7%+0.4pp	51.3%-1.6pp	53.0%
Return on Equity	3.0%-0.1pp	3.0%-0.1pp	3.1%-0.2pp	3.4%-0.2pp	3.6%-0.3pp	3.9%-0.5pp	4.3%-0.3pp	4.6%
Return on Assets	0.5%0.0pp	0.5%-0.0pp	0.5%-0.0pp	0.5%0.0pp	0.5%-0.1pp	0.6%+0.0pp	0.6%0.0pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.38+0.0	5.35+0.0	5.32-0.1	5.46-0.4	5.83+0.1	5.78-1.0	6.74-0.4	7.17
FCF Margin	45.7%-4.5pp	50.2%+10.6pp	39.6%-31.3pp	70.9%+24.3pp	46.6%-12.4pp	59.1%+32.2pp	26.9%-48.9pp	75.8%

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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.

Does Westamerica Bancorporation buy back shares?

Yes, Westamerica Bancorporation (WABC) spent $103.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Westamerica Bancorporation have outstanding?

Westamerica Bancorporation (WABC) had 25M shares outstanding as of fiscal year 2025.

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 9, indicating neutral financial health. 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 7–9 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 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.