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Westamerica Bancorporation WABC
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 48.84
-0.0821 %
$ 1.3 B
Market Cap
9.76
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one WABC stock under the worst case scenario is HIDDEN Compared to the current market price of 48.8 USD, Westamerica Bancorporation is HIDDEN

WABC Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one WABC stock under the base case scenario is HIDDEN Compared to the current market price of 48.8 USD, Westamerica Bancorporation is HIDDEN

WABC Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one WABC stock under the best case scenario is HIDDEN Compared to the current market price of 48.8 USD, Westamerica Bancorporation is HIDDEN

WABC Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart WABC

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1M 7.0%
6M -15%
1Y 1%
3Y -6%
5Y 3%
All
$58.0$58.0$56.0$56.0$54.0$54.0$52.0$52.0$50.0$50.0$48.0$48.0$46.0$46.0$44.0$44.0$42.0$42.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
268 M REVENUE
-5.63%
Growth Rates
1Year -5.63%
3Years 7.65%
5Years 5.59%
7Years 5.20%
10Years 3.58%
267 M OPERATING INCOME
20.29%
Growth Rates
1Year 20.29%
3Years 31.57%
5Years 20.43%
7Years 13.17%
10Years 11.03%
139 M NET INCOME
-14.30%
Growth Rates
1Year -14.30%
3Years 17.02%
5Years 11.52%
7Years 15.68%
10Years 8.62%
142 M OPERATING CASH FLOW
-10.52%
Growth Rates
1Year -10.52%
3Years 16.85%
5Years 11.90%
7Years 8.35%
10Years 5.57%
716 M INVESTING CASH FLOW
30.77%
Growth Rates
1Year 30.77%
3Years 63.09%
5Years 102.56%
7Years 42.22%
10Years 16.03%
-446 M FINANCING CASH FLOW
44.89%
Growth Rates
1Year 44.89%
3Years -17.27%
5Years -33.48%
7Years -26.69%
10Years -16.65%
69.8 M REVENUE
0.35%
Growth Rates
1Year -5.63%
3Years 7.65%
5Years 5.59%
7Years 5.20%
10Years 3.58%
41.8 M OPERATING INCOME
-8.81%
Growth Rates
1Year 20.29%
3Years 31.57%
5Years 20.43%
7Years 13.17%
10Years 11.03%
31.7 M NET INCOME
-9.58%
Growth Rates
1Year -14.30%
3Years 17.02%
5Years 11.52%
7Years 15.68%
10Years 8.62%
29.8 M OPERATING CASH FLOW
-26.58%
Growth Rates
1Year -10.52%
3Years 16.85%
5Years 11.90%
7Years 8.35%
10Years 5.57%
145 M INVESTING CASH FLOW
-34.76%
Growth Rates
1Year 30.77%
3Years 63.09%
5Years 102.56%
7Years 42.22%
10Years 16.03%
-76 M FINANCING CASH FLOW
69.05%
Growth Rates
1Year 44.89%
3Years -17.27%
5Years -33.48%
7Years -26.69%
10Years -16.65%
Balance Sheet Westamerica Bancorporation
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Current Assets 4 B
Cash & Short-Term Investments 4 B
Receivables 44.6 M
Other Current Assets -44.6 M
Non-Current Assets 148 M
Long-Term Investments 2.21 B
PP&E 26.1 M
Other Non-Current Assets -2.09 B
96.43 %53.36 %Total Assets$4.1b
Current Liabilities 2.33 B
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 2.33 B
Non-Current Liabilities 18 M
Long-Term Debt 18 M
Other Non-Current Liabilities 0
99.24 %Total Liabilities$2.4b
EFFICIENCY
Earnings Waterfall Westamerica Bancorporation
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Revenue 268 M
Cost Of Revenue 0
Gross Profit 268 M
Operating Expenses 1.47 M
Operating Income 267 M
Other Expenses 128 M
Net Income 139 M
300m300m250m250m200m200m150m150m100m100m50m50m00268m0268m(1m)267m(128m)139mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
99.45% OPERATING MARGIN
99.45%
Averages
1Year 99.45%
3Years 80.23%
5Years 69.40%
7Years 63.64%
10Years 61.07%
51.73% NET MARGIN
51.73%
Averages
1Year 51.73%
3Years 51.58%
5Years 46.80%
7Years 44.22%
10Years 40.14%
15.58% ROE
15.58%
Averages
1Year 15.58%
3Years 18.93%
5Years 15.35%
7Years 14.20%
10Years 12.94%
2.28% ROA
2.28%
Averages
1Year 2.28%
3Years 2.19%
5Years 1.78%
7Years 1.66%
10Years 1.48%
10.79% ROIC
10.79%
Averages
1Year 10.79%
3Years 5.51%
5Years 4.12%
7Years 3.60%
10Years 3.07%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Westamerica Bancorporation
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160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 139 M
Depreciation & Amortization 10.4 M
Capital Expenditures 0
Stock-Based Compensation 1.48 M
Change in Working Capital 1.01 M
Others -10.5 M
Free Cash Flow 140 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Westamerica Bancorporation
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Wall Street analysts predict an average 1-year price target for WABC of $57 , with forecasts ranging from a low of $57 to a high of $57 .
WABC Lowest Price Target Wall Street Target
57 USD 16.71%
WABC Average Price Target Wall Street Target
57 USD 16.71%
WABC Highest Price Target Wall Street Target
57 USD 16.71%
Price
Max Price Target
Min Price Target
Average Price Target
585856565454525250504848464644444242Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.87% DIVIDEND YIELD
0.46 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.801.801.601.601.401.401.201.201.001.000.800.800.600.600.400.400.200.200.000.000.380.390.390.40.40.410.410.420.420.440.440.380.390.390.40.410.410.410.420.420.440.460.380.390.390.40.410.410.410.420.440.440.391.530.391.560.41.570.41.600.411.630.411.640.421.650.421.680.441.720.441.760.902015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 16
6. Ownership
Insider Ownership Westamerica Bancorporation
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Sold
0-3 MONTHS
143 K USD 2
3-6 MONTHS
12.8 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
37.2 K USD 1
Bought
24.9 K USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
4 Upcoming Dividend Increases I focus on companies with consistent dividend increases, indicating strong financial health and stability, to provide both income and total returns for investors. My investment strategy involves buying, holding, and adding to positions in companies that pay increasing dividends and outperform relevant benchmarks. I use data from the “U.S. Dividend Champions” spreadsheet and NASDAQ to track companies with at least 5 years of dividend growth history. seekingalpha.com - 2 weeks ago
Westamerica Bancorporation Increases Quarterly Cash Dividend SAN RAFAEL, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.46 per share, which represents a two cent per share increase from the prior quarter, on common stock outstanding to shareholders of record at the close of business May 5, 2025. The dividend is payable May 16, 2025. globenewswire.com - 3 weeks ago
Westamerica (WABC) Surpasses Q1 Earnings and Revenue Estimates Westamerica (WABC) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.37 per share a year ago. zacks.com - 1 month ago
Westamerica Bancorporation Reports First Quarter 2025 Financial Results SAN RAFAEL, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2025 of $31.0 million and diluted earnings per common share ("EPS") of $1.16. First quarter 2025 results include a reversal of provision for credit losses of $550 Thousand, which increased EPS $0.01. These results compare to fourth quarter 2024 net income of $31.7 million and EPS of $1.19. globenewswire.com - 1 month ago
Westamerica Bancorporation Announces Stock Repurchase Plan SAN RAFAEL, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today approved a plan to repurchase, as conditions warrant, up to 2,000,000 shares of the Company's common stock on the open market or in privately negotiated transactions prior to March 31, 2026. The repurchase plan represents approximately 7.5 percent of the Company's common stock outstanding as of December 31, 2024. globenewswire.com - 2 months ago
Westamerica Bancorporation Declares Quarterly Cash Dividend SAN RAFAEL, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business February 3, 2025. The dividend is payable February 14, 2025. globenewswire.com - 3 months ago
Westamerica (WABC) Lags Q4 Earnings and Revenue Estimates Westamerica (WABC) came out with quarterly earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.48 per share a year ago. zacks.com - 4 months ago
Westamerica Bancorporation Reports Fourth Quarter 2024 Financial Results SAN RAFAEL, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2024 of $31.7 million and diluted earnings per common share ("EPS") of $1.19. Fourth quarter 2024 results include an increase to the book tax provision to reconcile the 2023 income tax provision to the filed 2023 tax returns, which reduced EPS $0.01. Fourth quarter 2024 results compare to third quarter 2024 net income of $35.1 million and EPS of $1.31, which included gains from life insurance and sales of other assets equivalent to EPS of $0.04. globenewswire.com - 4 months ago
Westamerica Bancorporation Declares Quarterly Cash Dividend SAN RAFAEL, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business November 4, 2024. The dividend is payable November 15, 2024. globenewswire.com - 6 months ago
Westamerica (WABC) Q3 Earnings Match Estimates Westamerica (WABC) came out with quarterly earnings of $1.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.55 per share a year ago. zacks.com - 7 months ago
Westamerica Bancorporation Reports Third Quarter 2024 Financial Results SAN RAFAEL, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2024 of $35.1 million and diluted earnings per common share ("EPS") of $1.31, which includes gains from life insurance and sales of other assets equivalent to $0.04 EPS. Third quarter 2024 results compare to second quarter 2024 net income of $35.5 million and EPS of $1.33. globenewswire.com - 7 months ago
Westamerica Bancorporation Declares Quarterly Cash Dividend SAN RAFAEL, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business August 5, 2024. The dividend is payable August 16, 2024. globenewswire.com - 9 months ago
8. Profile Summary

Westamerica Bancorporation WABC

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 1.3 B
Dividend Yield 0.87%
Description 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.
Contact 1108 Fifth Avenue, San Rafael, CA, 94901 https://www.westamerica.com
IPO Date March 17, 1980
Employees 616
Officers Mr. Brian J. Donohoe Senior Vice President & Chief Information Officer Mr. Kris Irvine Vice President & Corporate Secretary Mr. David L. Payne Chairman, President & Chief Executive Officer Mr. Russell W. Rizzardi Senior Vice President & Chief Credit Administrator of Westamerica Bank Robert James Baker Jr. Regional Vice President & Senior Regional Mkt Manager Ms. Anela M. Jonas Senior Vice President & Chief Financial Officer Mr. Robert James Baker Jr. Senior Vice President & Banking Division Manager Ms. Diane Cunningham Corporate Executive Secretary Mr. George S. Ensinger Senior Vice President & Human Resources Division Manager Curtis Belton Senior Vice President & Risk Officer