Westamerica Bancorporation (WABC) Stock Analysis
Financial Services · Banks - Regional · NasdaqGS
Westamerica Bancorporation (WABC) posted $259.14M in revenue for fiscal 2025 (down 12.2% year over year), at a 44.8% net margin, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Westamerica Bancorporation
Westamerica Bancorporation has grown revenue from $0 to $259.14M over the last 10 fiscal years. The most recent year was down 12.2%.
Net margin sits at 44.8%, down 2.2 points year over year. It carries about $137.30M of total debt.
At today's valuation the market is pricing in roughly -0.3% annual free-cash-flow growth — versus the 2.5% it actually delivered over the last five years, broadly in line with what it has delivered.
Synthesised from Westamerica Bancorporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Westamerica Bancorporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $266.90M | $325.19M | $295.06M | $259.14M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $58.85M | $50.02M | $71.56M | $80.39M | $80.41M | $86.51M | $122.03M | $161.77M | $138.64M | $116.17M |
| Net margin | — | — | — | — | — | — | 45.7% | 49.7% | 47.0% | 44.8% |
Source: Westamerica Bancorporation SEC filings (10-K). 18 years of history available in the interactive view.
Westamerica Bancorporation: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into WABC stock?
At today's market cap of $1.34B, Westamerica Bancorporation is priced for free-cash-flow growth of about -0.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $119.65M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.5%/yr over the last five fiscal years, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Westamerica Bancorporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track WABC in your portfolio →
Westamerica Bancorporation financial history by metric
Compare Westamerica Bancorporation with peers
About Westamerica Bancorporation
Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products from local businesses and professionals, as well as retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial real estate, residential real estate, real estate construction, consumer installment loans, as well as indirect automobile loans. The company serves small businesses, professionals, and consumers. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1884 and is headquartered in San Rafael, California.
Westamerica Bancorporation — frequently asked questions
What is Westamerica Bancorporation's revenue?
Westamerica Bancorporation (WABC) reported revenue of $259.14M for fiscal year 2025, down 12.2% from the prior year, according to its SEC filings.
Is Westamerica Bancorporation profitable?
Yes. WABC earned net income of $116.17M in fiscal 2025, a net margin of 44.8%.
What is WABC's P/E ratio?
Westamerica Bancorporation trades at a price-to-earnings ratio of about 12.7 based on the latest data in our nightly-refreshed cache.
How much debt does Westamerica Bancorporation have?
As of fiscal year 2025, WABC carried roughly $137.30M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Westamerica Bancorporation's market cap?
Westamerica Bancorporation (WABC) has a market capitalization of about $1.34B, based on the latest data in our nightly-refreshed cache.
When does Westamerica Bancorporation's fiscal year end?
WABC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into WABC stock?
At today's market cap of $1.34B, Westamerica Bancorporation is priced for free-cash-flow growth of about -0.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $119.65M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.5%/yr over the last five fiscal years, computed from its SEC filings.
Where does this data come from?
All figures are computed from Westamerica Bancorporation's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.