Westamerica Bancorporation Financials

WABC Stock  USD 57.23  0.31  0.54%   
Based on the analysis of Westamerica Bancorporation's profitability, liquidity, and operating efficiency, Westamerica Bancorporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Westamerica Bancorporation's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 514.5 M, whereas Total Assets are forecasted to decline to about 4.7 B. Key indicators impacting Westamerica Bancorporation's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.30.5696
Way Down
Slightly volatile
Return On Assets0.02670.0254
Sufficiently Up
Slightly volatile
Return On Equity0.190.2093
Moderately Down
Slightly volatile
Debt Equity Ratio0.04620.0486
Notably Down
Slightly volatile
Operating Income133.1 M221.6 M
Way Down
Slightly volatile
Current Ratio0.0970.1
Sufficiently Down
Slightly volatile
Investors should never underestimate Westamerica Bancorporation's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Westamerica Bancorporation's cash flow, debt, and profitability to make informed and accurate decisions about investing in Westamerica Bancorporation.

Net Income

169.86 Million

  
Understanding current and past Westamerica Bancorporation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westamerica Bancorporation's financial statements are interrelated, with each one affecting the others. For example, an increase in Westamerica Bancorporation's assets may result in an increase in income on the income statement.
Please note, the presentation of Westamerica Bancorporation's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westamerica Bancorporation's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Westamerica Bancorporation's management manipulating its earnings.

Westamerica Bancorporation Stock Summary

Westamerica Bancorporation competes with Heritage Commerce, Heritage Financial, Penns Woods, 1st Source, and Great Southern. 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 was incorporated in 1972 and is headquartered in San Rafael, California. Westamerica Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 534 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9570901036
CUSIP957090103
LocationCalifornia; U.S.A
Business Address1108 Fifth Avenue,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.westamerica.com
Phone707 863 6000
CurrencyUSD - US Dollar

Westamerica Bancorporation Key Financial Ratios

Westamerica Bancorporation Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.8B7.5B7.0B6.4B4.7B
Other Current Liab2.2B2.7B3.1B3.0B2.6B2.7B
Net Debt(325.4M)(499.9M)(967.9M)(220.7M)(171.5M)(162.9M)
Retained Earnings239.1M264.4M306.4M383.1M490.0M514.5M
Cash373.4M621.3M1.1B294.2M190.3M334.3M
Other Assets(1.8B)(2.7B)(3.4B)2.2B1.00.95
Net Receivables28.8M33.0M35.5M53.6M54.6M64.5M
Total Liab4.9B5.9B6.7B6.3B5.6B4.3B
Total Current Assets406.0M658.9M1.2B352.7M190.3M180.8M
Short Term Debt37.0M108.2M153.1M63.6M64.2M61.0M
Common Stock465.5M466.0M471.0M475.1M473.1M384.7M
Other Liab27.5M112.6M73.7M49.4M56.8M57.8M
Accounts Payable4.8B5.7B6.4B6.2B7.2B4.7B
Inventory(3.5B)(4.7B)(5.8B)(4.7B)(244.9M)(257.1M)
Intangible Assets123.1M122.8M122.5M122.3M347K329.7K
Other Current Assets406.0M663.4M1.2B357.6M250.1M237.6M
Net Tangible Assets608.4M722.0M704.6M479.9M551.8M533.9M
Short Long Term Debt30.9M102.5M146.2M57.8M66.5M70.8M

Westamerica Bancorporation Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.9M1.8M2.0M1.9M3.9M3.7M
Operating Income105.2M106.8M117.0M167.5M221.6M133.1M
Ebit105.2M121.9M128.6M179.3M221.6M134.8M
Ebitda105.8M125.9M131.9M182.2M233.4M140.4M
Net Income80.4M80.4M86.5M122.0M161.8M169.9M
Income Tax Expense24.8M26.4M30.5M43.6M59.8M62.8M
Total Revenue204.2M206.1M214.8M265.0M284.0M209.4M
Gross Profit204.2M206.1M214.8M265.0M284.0M209.4M
Income Before Tax105.2M106.8M117.0M165.6M221.6M232.7M
Tax Provision24.8M26.4M30.5M43.6M59.2M34.2M
Net Interest Income156.8M164.0M171.5M219.8M279.5M188.1M
Interest Income158.7M165.9M173.4M221.8M282.2M190.4M

Westamerica Bancorporation Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(46.9M)247.9M510.8M(837.8M)(103.9M)(98.7M)
Free Cash Flow76.7M105.5M87.4M112.9M157.0M88.8M
Depreciation20.6M22.6M16.6M16.6M2.9M2.8M
Other Non Cash Items(433K)(3.6M)(9.5M)(3.3M)4.1M2.5M
Dividends Paid43.9M44.3M44.3M45.2M46.0M33.3M
Capital Expenditures4.0M2.2M1.3M811K1.2M1.1M
Net Income80.4M80.4M86.5M122.0M161.8M169.9M
End Period Cash Flow373.4M621.3M1.1B294.2M190.3M329.0M
Change To Netincome5.0M2.3M(4.2M)1.1M968.4K920.0K
Investments(19.9M)(750.7M)(498.5M)(633.5M)615.9M646.6M
Change Receivables(3.0M)(4.2M)(2.5M)(18.0M)(16.2M)(15.4M)
Net Borrowings(20.3M)71.6M43.7M(88.5M)(101.7M)(96.6M)

Westamerica Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Westamerica Bancorporation's current stock value. Our valuation model uses many indicators to compare Westamerica Bancorporation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westamerica Bancorporation competition to find correlations between indicators driving Westamerica Bancorporation's intrinsic value. More Info.
Westamerica Bancorporation is rated second in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Westamerica Bancorporation is roughly  8.17 . At present, Westamerica Bancorporation's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westamerica Bancorporation's earnings, one of the primary drivers of an investment's value.

Westamerica Bancorporation Systematic Risk

Westamerica Bancorporation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westamerica Bancorporation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westamerica Bancorporation correlated with the market. If Beta is less than 0 Westamerica Bancorporation generally moves in the opposite direction as compared to the market. If Westamerica Bancorporation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westamerica Bancorporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westamerica Bancorporation is generally in the same direction as the market. If Beta > 1 Westamerica Bancorporation moves generally in the same direction as, but more than the movement of the benchmark.

Westamerica Bancorporation Thematic Clasifications

Westamerica Bancorporation is part of Banking investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
BankingView
This theme covers USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Westamerica Bancorporation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westamerica Bancorporation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Westamerica Bancorporation growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.29

At present, Westamerica Bancorporation's Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting.

Westamerica Bancorporation December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Westamerica Bancorporation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westamerica Bancorporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westamerica Bancorporation based on widely used predictive technical indicators. In general, we focus on analyzing Westamerica Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westamerica Bancorporation's daily price indicators and compare them against related drivers.

Complementary Tools for Westamerica Stock analysis

When running Westamerica Bancorporation's price analysis, check to measure Westamerica Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westamerica Bancorporation is operating at the current time. Most of Westamerica Bancorporation's value examination focuses on studying past and present price action to predict the probability of Westamerica Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westamerica Bancorporation's price. Additionally, you may evaluate how the addition of Westamerica Bancorporation to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Money Managers
Screen money managers from public funds and ETFs managed around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance