WABC - NASDAQ

Westamerica Bancorporation

WABC·NASDAQ

$54.98

-1.5%

Financial ServicesBanks - Regional

Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. It operates through 78 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was incorporated in 1972 and is headquartered in San Rafael, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.29B

EPS4.5300

P/E Ratio12.14

Earnings Date07/16/2026

5.96B

Assets

-2%

3Y-14.0%

5Y-12.0%

10Y+11.0%

5.03B

Total Liabilities

-3%

3Y-21.0%

5Y-15.0%

10Y+5.0%

933.51M

Total Equity

3Y+55.0%

5Y+10.0%

10Y+66.0%

Westamerica Bancorporation Funding & Solvency Profile

WABC · NASDAQ

Current Assets

Cash & Cash Equivalents567.80M

Net Receivables714.91M

Inventory0.00

Other Current Assets-5.84M

Total Current Assets5 B

Non-Current Assets

Property, Plant & Equipment25.72M

Goodwill & Intangible Assets121.67M

Long-Term Investments819.57M

Other Non-Current Assets0.00

Total Non-Current Assets845 M

Total Assets

5.96B

Financial Health Analysis

Current Ratio

33.06x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

5.38x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

5 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

80% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Westamerica Bancorporation Balance Sheet

WABC • NASDAQ

Westamerica Bancorporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	567.8M	601.5M	190.3M	294.2M	1.1B	621.3M	373.4M	420.3M	575M	462.3M	433M	380.8M	472M	491.4M	530M	338.8M	361.1M	138.9M	209.8M	184.4M
Short-Term Investments	3.5B	1.3B	4B	4.3B	4.6B	4.1B	3.1B	2.7B	2.2B	1.9B	1.6B	1.6B	1.1B	825.6M	638.8M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	4B	1.9B	4.2B	4.6B	5.8B	4.7B	3.5B	3.1B	2.8B	2.4B	2B	2B	1.6B	1.3B	1.2B	338.8M	361.1M	138.9M	209.8M	184.4M
Net Receivables	714.9M	44.6M	54.6M	53.6M	35.5M	33M	28.8M	25.8M	23.6M	21.5M	20.2M	19.4M	23M	34.1M	63.4M	225.7M	256M	150.2M	151.1M	152.7M
Accounts Receivables	714.9M	44.6M	54.6M	53.6M	35.5M	33M	28.8M	25.8M	23.6M	21.5M	20.2M	19.4M	18.9M	20.3M	23.3M	225.7M	256M	150.2M	151.1M	152.7M
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4M	13.8M	40.1M	0.0	0.0	0.0	0.0	0.0
Prepaids	5.8M	5.7M	5.2M	4.9M	4.8M	4.6M	3.7M	4.7M	4.9M	4.8M	4.8M	5.6M	5.2M	11.7M	14M	0.0	0.0	0.0	0.0	0.0
Other Current Assets	-5.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	4.8B	2B	4.2B	4.7B	5.8B	4.7B	3.5B	3.1B	2.8B	2.4B	2B	2B	1.6B	1.4B	1.2B	564.5M	617.2M	289.1M	360.9M	337.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	25.7M	44.1M	45.8M	44.6M	49.1M	51.6M	51.7M	34.5M	35.3M	36.6M	38.7M	37.9M	37.3M	38.6M	36.5M	36.3M	38.1M	27.4M	28.4M	30.2M
Goodwill	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	121.7M	0.0
Intangible Assets	0.0	125K	347K	583K	835K	1.1M	1.4M	1.9M	3.9M	6.9M	10.4M	14.3M	18.6M	23.3M	28.6M	34.6M	35.7M	15.2M	18.4M	152.7M
Goodwill & Intangible Assets	121.7M	121.8M	122M	122.3M	122.5M	122.8M	123.1M	123.6M	125.5M	128.6M	132.1M	136M	140.2M	144.9M	150.3M	156.3M	157.4M	136.9M	140.1M	143.8M
Long-Term Investments	819.6M	3.7B	1.8B	1.9B	1.4B	1.8B	1.9B	2.2B	2.4B	2.7B	2.8B	2.7B	2.9B	3.3B	3.4B	4.1B	4.1B	3.6B	4B	4.3B
Tax Assets	0.0	88.6M	99.5M	125.1M	0.0	0.0	11.1M	42.3M	33.1M	55.4M	51.7M	50.9M	53.3M	42.4M	37.6M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	0.0	95.3M	90.4M	85.2M	89.9M	85M	82.7M	80.1M	88M	80.3M	83M	78M	89.7M	105.2M	134.7M	35.8M	36.4M	3.8M	946K	1.2M
Total Non-Current Assets	967M	4.1B	2.1B	2.3B	1.6B	2B	2.1B	2.5B	2.7B	3B	3.1B	3B	3.3B	3.6B	3.8B	4.4B	4.4B	3.7B	4.2B	4.4B
Other Assets	241.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	6B	6.1B	6.4B	7B	7.5B	6.7B	5.6B	5.6B	5.5B	5.4B	5.2B	5B	4.8B	5B	5B	4.9B	5B	4B	4.6B	4.8B
LIABILITIES
CURRENT LIABILITIES
Short Term Debt	143.7M	120.3M	58.2M	57.8M	146.2M	102.5M	61.9M	102.5M	116.9M	118.2M	106.1M	179.6M	135.3M	78.7M	241.4M	107.4M	227.2M	457.3M	798.6M	732M
Other Current Liabilities	0.0	5B	5.5B	6.2B	6.4B	5.7B	4.8B	4.9B	4.8B	4.7B	4.5B	4.3B	4.2B	4.2B	4.2B	4.1B	4.1B	3.1B	3.3B	3.5B
Total Current Liabilities	143.7M	5.1B	5.5B	6.3B	6.6B	5.8B	4.9B	5B	4.9B	4.8B	4.6B	4.5B	4.3B	4.3B	4.5B	4.2B	4.3B	3.6B	4.1B	4.2B
NON-CURRENT LIABILITIES
Long Term Debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	20M	20.6M	40.8M	41M	61.7M	85.5M	0.0	36.8M	36.9M
Deferred Tax Liabilities (Non-Current)	7.2M	0.0	0.0	0.0	2.5M	25.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	4.9B	36.2M	40.5M	49.4M	53.2M	68M	-3.5M	-16.4M	-21.7M	-18.2M	-10M	-39.7M	-15.6M	40.1M	-48.8M	84.2M	97.2M	70.8M	64.2M	59.5M
Total Non-Current Liabilities	4.9B	54.1M	59.3M	65.1M	73.7M	112.6M	13.7M	-16.4M	-21.7M	-18.2M	-10M	-19.6M	5M	80.9M	-7.8M	145.9M	182.7M	70.8M	101M	96.4M
Capital Lease Obligations	15.8M	18M	18.8M	15.7M	18M	18.8M	17.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	5B	5.2B	5.6B	6.3B	6.6B	5.9B	4.9B	5B	4.9B	4.8B	4.6B	4.5B	4.3B	4.4B	4.5B	4.4B	4.5B	3.6B	4.2B	4.3B
SHAREHOLDERS' EQUITY
Common Stock	440M	476.5M	473.1M	475.1M	471M	466M	465.5M	448.4M	431.7M	404.6M	378.9M	378.1M	378.9M	372M	377.8M	0.0	0.0	0.0	334.2M	0.0
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	377.8M	378.9M	366.2M	352.3M	334.2M	341.5M
Retained Earnings	584.6M	581.6M	490M	383.1M	306.4M	264.4M	239.1M	205.8M	173.8M	165.3M	150.1M	140.5M	157M	170.4M	166.4M	163.5M	133M	54.1M	61.9M	78.1M
Accumulated Other Comprehensive Income/Loss	-91.1M	-168.1M	-190.3M	-256.1M	49.7M	114.4M	26.1M	-40M	-16.8M	-10.1M	675K	5.3M	4.3M	14.6M	11.4M	159K	3.7M	1M	-4.5M	4.6M
Other Total Stockholders' Equity	35K	35K	35K	35K	35K	35K	771K	1.4M	1.5M	1.5M	2.6M	2.7M	2.7M	3.1M	-374.7M	2.7M	2.5M	2.4M	-331.2M	0.0
Total Stockholders' Equity	933.5M	890M	772.9M	602.1M	827.1M	844.8M	731.4M	615.6M	590.2M	561.4M	532.2M	526.6M	542.9M	560.1M	558.6M	545.3M	505.4M	409.9M	394.6M	424.2M
Total Equity	933.5M	890M	772.9M	602.1M	827.1M	844.8M	731.4M	615.6M	590.2M	561.4M	532.2M	526.6M	542.9M	560.1M	558.6M	545.3M	505.4M	409.9M	394.6M	424.2M
SUMMARY
Total Liabilities & Equity	6B	6.1B	6.4B	7B	7.5B	6.7B	5.6B	5.6B	5.5B	5.4B	5.2B	5B	4.8B	5B	5B	4.9B	5B	4B	4.6B	4.8B
Total Investments	4.3B	5.1B	5.8B	6.2B	6B	5.8B	4.9B	4.8B	4.6B	4.6B	4.4B	4.3B	4B	4.1B	4.1B	4.1B	4.1B	3.6B	4B	4.3B
Total Debt	159.5M	138.3M	77M	73.5M	164.2M	121.4M	79M	102.5M	116.9M	118.2M	106.1M	199.6M	155.9M	119.5M	282.4M	169.1M	312.6M	457.3M	835.4M	768.9M
Net Debt	-408.3M	-463.2M	-113.3M	-220.7M	-967.9M	-499.9M	-294.4M	-317.8M	-458.1M	-344.1M	-327M	-181.3M	-316.1M	-371.9M	-247.6M	-169.7M	-48.5M	318.4M	625.6M	584.5M
Shares Outstanding	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100	24,933,100

SEC Filings

WABC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 16, 2026	April 16, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 13, 2026	March 13, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 23, 2026	January 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 22, 2026	January 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 15, 2026	January 15, 2026	2026	View Filing

Showing 1 to 10 of 450 filings

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