Westamerica Bancorporation (WABC) financial statements
Westamerica Bancorporation reported revenue of $258M in fiscal 2025, up 4.1% a year over 9 years.
Net income was $116M.
Free cash flow was $120M, and the company returned $47M in dividends and $104M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Westamerica Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $180M | $193M | $198M | $204M | $210M | $215M | $265M | $324M | $294M | $258M |
| Interest expense | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $4M | — | — |
| Pre-tax income | $80M | $87M | $91M | $105M | $107M | $117M | $166M | $222M | $189M | $157M |
| Income tax | $21M | $37M | $19M | $25M | $26M | $31M | $44M | $60M | $50M | $41M |
| Net income | $59M | $50M | $72M | $80M | $80M | $87M | $122M | $162M | $139M | $116M |
| EPS (diluted) | $2.29 | $1.89 | $2.67 | $2.98 | $2.98 | $3.22 | $4.54 | $6.06 | $5.20 | $4.52 |
| Diluted shares | 26M | 26M | 27M | 27M | 27M | 27M | 27M | 27M | 27M | 26M |
| Net margin | 32.6% | 25.9% | 36.2% | 39.4% | 38.4% | 40.3% | 46.1% | 50.0% | 47.2% | 45.0% |
Balance sheet
Fiscal years, from Westamerica Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property, plant and equipment | $37M | $35M | $35M | $35M | $33M | $31M | $29M | $27M | $26M | $26M |
| Goodwill | $122M | $122M | $122M | $122M | $122M | $122M | $122M | $122M | $122M | $122M |
| Total assets | $5.4B | $5.5B | $5.6B | $5.6B | $6.7B | $7.5B | $7.0B | $6.4B | $6.1B | $6.0B |
| Total liabilities | $4.8B | $4.9B | $5.0B | $4.9B | $5.9B | $6.6B | $6.3B | $5.6B | $5.2B | $5.0B |
| Shareholders' equity | $561M | $590M | $616M | $731M | $845M | $827M | $602M | $773M | $890M | $934M |
Cash flow
Fiscal years, from Westamerica Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $78M | $81M | $97M | $81M | $108M | $89M | $114M | $158M | $142M | $122M |
| Capital spending | $2M | $3M | $3M | $4M | $2M | $1M | $811,000 | $1M | $2M | $2M |
| Free cash flow | $76M | $78M | $94M | $77M | $106M | $87M | $113M | $157M | $140M | $120M |
| Dividends paid | $40M | $41M | $43M | $44M | $44M | $44M | $45M | $46M | $47M | $47M |
| Share buybacks (net) | -$5M | -$314,000 | -$524,000 | -$488,000 | -$16M | -$232,000 | -$218,000 | -$14M | -$210,000 | -$104M |
| Net borrowing | $6M | -$607,000 | -$7M | -$20M | $72M | — | — | — | — | — |
| Free cash flow margin | 42.0% | 40.4% | 47.2% | 37.6% | 50.3% | 40.7% | 42.6% | 48.5% | 47.6% | 46.4% |
| Dividends per share | $1.55 | $1.56 | $1.59 | $1.63 | $1.64 | $1.65 | $1.68 | $1.72 | $1.76 | $1.83 |
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Open WABC in InvestinglyQuestions
What was Westamerica Bancorporation's revenue in 2025?
$258M in fiscal 2025, from its 10-K filing.
How much free cash flow does Westamerica Bancorporation generate?
$120M in fiscal 2025 (operating cash flow minus capital spending).
From Westamerica Bancorporation's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.