Westamerica Bancorporation (WABC) is a Financials stock trading at $58.29 (as of 2026-08-20), with a market capitalization of $1.37B and a trailing P/E of 12.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Westamerica Bancorporation is a bank holding company for Westamerica Bank, offering deposit products such as retail checking and savings accounts and certificates of deposit, along with loan products including commercial, real estate, construction, consumer installment, and indirect automobile loans. It serves individual and commercial customers through branch offices in Northern and Central California.
Westamerica Bancorporation is a bank holding company that provides banking products to individual and commercial customers, taking deposits (including checking, savings, and CDs) and funding a loan portfolio spanning commercial, commercial and residential real estate, real estate construction, consumer installment, and indirect automobile loans.
Bank earnings are driven by how well the loan portfolio performs (credit quality, reflected in nonperforming loans and assets) and by the deposit funding mix, especially the share of non-interest-bearing checking accounts within the deposit base.
Business quality (Solid): Credit quality is shown as 0.0 for both Nonperforming Loans and Nonperforming Assets in the latest quarter, and non-interest-bearing checking represents a large share of deposits (48% of the deposit base). Key risks to monitor are loan exposure to real estate and construction and the bank's geographic footprint in Northern and Central California.
Valuation: At 12× earnings, WABC trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.
| Price | $58.29 |
| Market Cap | $1.37B |
| P/E Ratio | 12.2 |
| EV / EBITDA | 9.9 |
| Price / Book | 1.55 |
| Price / Sales | 6.02 |
| FCF Yield | 8.5% |
| DCF Value (model) | $67.42 |
| DCF Upside vs Price | 15.7% |
| Revenue (TTM) | $230.98M |
| Net Margin | 50.3% |
| Revenue Growth (YoY) | -6.3% |
| EPS Growth (YoY) | -2.6% |
| FCF Growth (YoY) | -8.2% |
| Stock P/E | 12.2 |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Banking) | 12.9 |
| vs Sector | -19.6% |
| vs Industry | -5.8% |
| Top Institutional Holder | BlackRock, Inc. ($179.88M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Banking |
| CEO | David L. Payne |
| Employees | 616 |
| Country | US |
| IPO Date | 1980-03-17 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.