Westamerica Bancorporation
Research Westamerica Bancorporation (WABC) on Bullrun: valuation model: 18.0% undervalued, market cap USD 1.33B, P/E 12.8, dividend yield 3.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerWABC
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal18.0% undervalued
- Market capUSD 1.33B
- P/E12.8
- Dividend yield3.2%
- Financial periodQ2 2026
- RevenueUSD 62.77M
- Net incomeUSD 27.39M
- Free cash flowUSD 15.23M
Valuation Snapshot
Bullrun's latest valuation model marks Westamerica Bancorporation as 18.0% undervalued; latest market cap is USD 1.33B; P/E is 12.8; dividend yield is 3.2%.
Peer valuation comparison
Latest P/E is 12.77x versus a Financial Services sector median of 13.84x (7.7% below).
Latest dividend yield is 3.23% versus a Financial Services sector median of 3.86% (16.2% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 258.06M | USD 116.17M | USD 119.65M | n/a | 4.52 | USD 567.80M | USD 137.30M | USD 933.51M |
| FY2024 | USD 293.75M | USD 138.64M | USD 139.83M | n/a | 5.2 | USD 601.49M | USD 120.32M | USD 889.96M |
| FY2023 | USD 323.65M | USD 161.77M | USD 157.05M | n/a | 6.06 | USD 190.31M | USD 58.16M | USD 772.89M |
| FY2022 | n/a | USD 122.03M | USD 112.89M | n/a | 4.54 | USD 413.67M | USD 57.79M | USD 602.11M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.33B | 12.8 | 3.2% | 1.88 |
| 2025 | 2025-12-31 | USD 1.18B | 10.6 | 3.8% | 1.82 |
| 2024 | 2024-12-31 | USD 1.40B | 10.1 | 3.4% | 1.76 |
| 2023 | 2023-12-29 | USD 1.50B | 9.3 | 3.0% | 1.72 |
| 2022 | 2022-12-30 | USD 1.59B | 15.2 | 2.8% | 1.68 |
| 2021 | 2021-12-31 | USD 1.55B | 17.9 | 2.9% | 1.65 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.88 USD, yield 3.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.82 USD |
| FY2024 | 1.76 USD |
| FY2023 | 1.72 USD |
| FY2022 | 1.68 USD |
About Westamerica Bancorporation
Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products from local businesses and professionals, as well as retail savings and checking accounts, as well as certificates of deposit.
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Frequently asked questions
Is Westamerica Bancorporation overvalued or undervalued?
Bullrun's valuation model currently marks Westamerica Bancorporation as 18.0% undervalued.
What is Westamerica Bancorporation's market cap?
Westamerica Bancorporation's market capitalization is USD 1.33B.
What is Westamerica Bancorporation's P/E ratio?
Westamerica Bancorporation's price-to-earnings (P/E) ratio is 12.8.
Does Westamerica Bancorporation pay a dividend?
Westamerica Bancorporation has a dividend yield of 3.2%.
What does Westamerica Bancorporation do?
Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products from local businesses and professionals, as well as retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial real estate, residential real estate, real estate construction, consumer installment loans, as well as indirect automobile loans.