Financials Westamerica Bancorporation

Equities

WABC

US9570901036

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
47.44 USD +0.49% Intraday chart for Westamerica Bancorporation +1.41% -15.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 1,834 1,486 1,551 1,588 1,503 1,266 -
Enterprise Value (EV) 1 1,834 1,486 1,551 1,588 1,503 1,266 1,266
P/E ratio 22.7 x 18.6 x 17.9 x 13 x 9.31 x 9.04 x 9.75 x
Yield 2.41% 2.97% 2.86% 2.85% 3.05% 3.72% 3.74%
Capitalization / Revenue 8.78 x 6.96 x 7.13 x 5.95 x 4.62 x 4.27 x 4.55 x
EV / Revenue 8.78 x 6.96 x 7.13 x 5.95 x 4.62 x 4.27 x 4.55 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 2.51 x 1.75 x 1.87 x 2.64 x 1.95 x 1.44 x 1.29 x
Nbr of stocks (in thousands) 27,055 26,869 26,866 26,912 26,649 26,678 -
Reference price 2 67.77 55.29 57.73 59.01 56.41 47.44 47.44
Announcement Date 1/16/20 1/21/21 1/20/22 1/19/23 1/18/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 208.8 213.3 217.5 266.9 325.2 296.4 277.9
EBITDA - - - - - - -
EBIT 1 109.8 109.3 119.7 167.5 222 190.9 173.9
Operating Margin 52.6% 51.25% 55.03% 62.77% 68.26% 64.4% 62.58%
Earnings before Tax (EBT) 1 105.2 106.8 117 165.6 221.6 191.4 177.4
Net income 1 80.39 80.41 86.51 122 161.8 140 129.6
Net margin 38.5% 37.7% 39.77% 45.72% 49.74% 47.22% 46.62%
EPS 2 2.980 2.980 3.220 4.540 6.060 5.247 4.867
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 1.630 1.640 1.650 1.680 1.720 1.767 1.773
Announcement Date 1/16/20 1/21/21 1/20/22 1/19/23 1/18/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 55.23 53.96 55.38 59.3 72.6 79.62 79.7 80.98 83.37 80.73 76.19 74.35 73.72 72.4 69.84
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 30.05 30.51 34.67 47.83 54.53 - 55.14 - 55.21 50.09 47.8 47.2 45.9 -
Operating Margin - 55.68% 55.09% 58.47% 65.88% 68.49% - 68.09% - 68.39% 65.75% 64.29% 64.03% 63.4% -
Earnings before Tax (EBT) 1 29.9 29.47 29.98 34.15 47.37 54.1 55.04 54.74 56.95 54.85 49.44 47.79 47.46 46.55 45.42
Net income 1 22.06 21.72 22.62 25.31 34.76 39.34 40.45 40.25 41.6 39.47 36.42 34.89 34.66 34 33.21
Net margin 39.94% 40.25% 40.84% 42.69% 47.88% 49.42% 50.75% 49.7% 49.9% 48.89% 47.8% 46.93% 47.02% 46.96% 47.55%
EPS 2 0.8200 0.8100 0.8400 0.9400 1.290 1.460 1.510 1.510 1.560 1.480 1.370 1.307 1.300 1.277 1.220
Dividend per Share 2 0.4100 0.4200 0.4200 0.4200 0.4200 0.4200 0.4200 0.4200 0.4400 0.4400 0.4400 0.4400 0.4433 0.4433 0.4433
Announcement Date 10/21/21 1/20/22 4/21/22 7/21/22 10/20/22 1/19/23 4/20/23 7/20/23 10/19/23 1/18/24 4/18/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 11.9% 11.3% 11.5% 15.2% 18.1% 16.2% 14.1%
ROA (Net income/ Total Assets) 1.44% 1.3% 1.23% 1.65% 1.68% 2.14% 1.93%
Assets 1 5,583 6,186 7,033 7,396 9,629 6,540 6,713
Book Value Per Share 2 27.00 31.50 30.80 22.40 29.00 32.90 36.70
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/16/20 1/21/21 1/20/22 1/19/23 1/18/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
47.44 USD
Average target price
56 USD
Spread / Average Target
+18.04%
Consensus
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