← Back to All US Stocks

Westamerica Bancorporation (WABC) Stock Fundamental Analysis & AI Rating 2026

WABC Nasdaq National Commercial Banks CA CIK: 0000311094
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 WABC Key Takeaways

Revenue: $231.0M
Net Margin: 50.3%
Free Cash Flow: $119.7M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $4.52
AI Rating: BUY with 72% confidence
Westamerica Bancorporation (WABC) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $231.0M, net profit margin of 50.3%, and return on equity (ROE) of 12.4%, Westamerica Bancorporation demonstrates strong fundamentals in the Finance sector. Below is our complete WABC stock analysis for 2026.

Is Westamerica Bancorporation (WABC) a Good Investment?

Claude

WestAmerica demonstrates fortress-like financial health with exceptional free cash flow generation ($119.7M, 51.8% FCF margin), zero long-term debt, and strong 50.3% net margins despite banking sector headwinds. The 16.2% decline in net income amid 6.3% revenue growth indicates margin compression requiring investigation, but the balance sheet quality and cash generation capability support medium-term recovery and shareholder value creation.

Why Buy Westamerica Bancorporation Stock? WABC Key Strengths

Claude
  • + Exceptional free cash flow generation with $119.7M operating cash flow and 51.8% FCF margin
  • + Conservative capital structure with zero long-term debt (Debt/Equity 0.00x) and strong equity base of $933.5M
  • + High operational profitability with 50.3% net margin and 12.4% ROE, demonstrating efficient core banking operations

WABC Stock Risks: Westamerica Bancorporation Investment Risks

Claude
  • ! Material profitability decline of 16.2% in net income and 13.1% in EPS YoY despite 6.3% revenue growth, signaling significant margin compression
  • ! Deteriorating earnings quality suggests potential asset quality deterioration or rising cost pressures in lending operations
  • ! Growth deceleration relative to profitability decline raises questions about sustainable earnings power in current banking environment

Key Metrics to Watch

Claude
  • * Loan loss provisions and non-performing asset ratios
  • * Net interest margin trends and deposit funding costs
  • * Operating expense ratio and efficiency metrics to identify source of margin compression

Westamerica Bancorporation (WABC) Financial Metrics & Key Ratios

Revenue
$231.0M
Net Income
$116.2M
EPS (Diluted)
$4.52
Free Cash Flow
$119.7M
Total Assets
$6.0B
Cash Position
N/A

💡 AI Analyst Insight

The 51.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

WABC Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin 50.3%
ROE 12.4%
ROA 1.9%
FCF Margin 51.8%

WABC vs Finance Sector: How Westamerica Bancorporation Compares

How Westamerica Bancorporation compares to Finance sector averages

Net Margin
WABC 50.3%
vs
Sector Avg 25.0%
WABC Sector
ROE
WABC 12.4%
vs
Sector Avg 12.0%
WABC Sector
Current Ratio
WABC 0.0x
vs
Sector Avg 1.2x
WABC Sector
Debt/Equity
WABC 0.0x
vs
Sector Avg 2.0x
WABC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Westamerica Bancorporation Stock Overvalued? WABC Valuation Analysis 2026

Based on fundamental analysis, Westamerica Bancorporation appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
12.4%
Sector avg: 12%
Net Profit Margin
50.3%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Westamerica Bancorporation Balance Sheet: WABC Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
84.3%
Interest Coverage
N/A
Long-term Debt
N/A

WABC Revenue & Earnings Growth: 5-Year Financial Trend

WABC 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Westamerica Bancorporation's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $6.06 reflects profitable operations.

WABC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
51.8%
Free cash flow / Revenue

Westamerica Bancorporation Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$121.9M
Cash generated from operations
Stock Buybacks
$103.8M
Shares repurchased (TTM)
Capital Expenditures
$2.2M
Investment in assets
Dividends Paid
$46.9M
Returned to shareholders

WABC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Westamerica Bancorporation (CIK: 0000311094)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 8-K f8k_041626.htm View →
Mar 13, 2026 DEF 14A wabc-20260313.htm View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about WABC

What is the AI rating for WABC?

Westamerica Bancorporation (WABC) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WABC's key strengths?

Claude: Exceptional free cash flow generation with $119.7M operating cash flow and 51.8% FCF margin. Conservative capital structure with zero long-term debt (Debt/Equity 0.00x) and strong equity base of $933.5M.

What are the risks of investing in WABC?

Claude: Material profitability decline of 16.2% in net income and 13.1% in EPS YoY despite 6.3% revenue growth, signaling significant margin compression. Deteriorating earnings quality suggests potential asset quality deterioration or rising cost pressures in lending operations.

What is WABC's revenue and growth?

Westamerica Bancorporation reported revenue of $231.0M.

Does WABC pay dividends?

Westamerica Bancorporation pays dividends, with $46.9M distributed to shareholders in the trailing twelve months.

Where can I find WABC SEC filings?

Official SEC filings for Westamerica Bancorporation (CIK: 0000311094) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WABC's EPS?

Westamerica Bancorporation has a diluted EPS of $4.52.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WABC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Westamerica Bancorporation has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is WABC stock overvalued or undervalued?

Valuation metrics for WABC: ROE of 12.4% (sector avg: 12%), net margin of 50.3% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy WABC stock in 2026?

Our dual AI analysis gives Westamerica Bancorporation a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is WABC's free cash flow?

Westamerica Bancorporation's operating cash flow is $121.9M, with capital expenditures of $2.2M. FCF margin is 51.8%.

How does WABC compare to other Finance stocks?

Vs Finance sector averages: Net margin 50.3% (avg: 25%), ROE 12.4% (avg: 12%), current ratio N/A (avg: 1.2).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Finance Stocks →
Browse: Buy Stocks
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI