Westamerica (WABC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
293.8M
Net Income
138.6M
47.20%
EPS (Diluted)
$5.20
Balance Sheet Metrics
Total Assets
6.1B
Total Liabilities
5.2B
Shareholders Equity
890.0M
Debt to Equity
5.83
Cash Flow Metrics
Operating Cash Flow
141.3M
Free Cash Flow
139.8M
Revenue & Profitability Trend
Westamerica Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 293.8M | 323.6M | 265.0M | 214.8M | 206.1M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 50.3M | 47.9M | 46.1M | 48.0M | 50.7M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 189.1M | 221.6M | 165.6M | 117.0M | 106.8M |
| Income Tax | 50.4M | 59.8M | 43.6M | 30.5M | 26.4M |
| Net Income | 138.6M | 161.8M | 122.0M | 86.5M | 80.4M |
| EPS (Diluted) | $5.20 | $6.06 | $4.54 | $3.22 | $2.98 |
Income Statement Trend
Westamerica Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 6.1B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 5.2B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 890.0M | 772.9M | 602.1M | 827.1M | 844.8M |
Balance Sheet Composition
Westamerica Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 138.6M | 161.8M | 122.0M | 86.5M | 80.4M |
| Operating Cash Flow | 141.3M | 162.7M | 111.7M | 91.5M | 111.5M |
| Investing Activities | |||||
| Capital Expenditures | -1.7M | -1.2M | -811.0K | -1.3M | 1.6M |
| Investing Cash Flow | 671.5M | 457.1M | -739.4M | -499.8M | -622.2M |
| Financing Activities | |||||
| Dividends Paid | -47.0M | -46.0M | -45.2M | -44.3M | -44.3M |
| Financing Cash Flow | 14.9M | -59.3M | -133.9M | -835.0K | 10.8M |
| Free Cash Flow | 139.8M | 157.0M | 112.9M | 87.4M | 105.5M |
Cash Flow Trend
Westamerica Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
9.61
Forward P/E
11.03
Price to Book
1.37
Price to Sales
4.41
PEG Ratio
11.03
Profitability Ratios
Profit Margin
46.83%
Operating Margin
63.79%
Return on Equity
15.54%
Return on Assets
2.14%
Financial Health
Debt to Equity
0.14
Beta
0.64
Per Share Data
EPS (TTM)
$4.99
Book Value per Share
$35.02
Revenue per Share
$10.67
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wabc | 1.3B | 9.61 | 1.37 | 15.54% | 46.83% | 0.14 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| Enterprise Financial | 2.0B | 10.65 | 1.11 | 10.82% | 31.46% | 0.34 |
| OFG Bancorp | 1.9B | 10.09 | 1.46 | 15.46% | 31.15% | 0.21 |
Financial data is updated regularly. All figures are in the company's reporting currency.