Westamerica Bancorporation
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential re… Read more
Westamerica Bancorporation (WABC) - Net Assets
Latest net assets as of December 2025: $933.51 Million USD
Based on the latest financial reports, Westamerica Bancorporation (WABC) has net assets worth $933.51 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.96 Billion) and total liabilities ($5.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $933.51 Million |
| % of Total Assets | 15.66% |
| Annual Growth Rate | 7.44% |
| 5-Year Change | 12.87% |
| 10-Year Change | 66.29% |
| Growth Volatility | 16.85 |
Westamerica Bancorporation - Net Assets Trend (1989–2025)
This chart illustrates how Westamerica Bancorporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Westamerica Bancorporation (1989–2025)
The table below shows the annual net assets of Westamerica Bancorporation from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $933.51 Million | +4.89% |
| 2024-12-31 | $889.96 Million | +15.15% |
| 2023-12-31 | $772.89 Million | +28.36% |
| 2022-12-31 | $602.11 Million | -27.20% |
| 2021-12-31 | $827.10 Million | -2.10% |
| 2020-12-31 | $844.81 Million | +15.50% |
| 2019-12-31 | $731.42 Million | +18.82% |
| 2018-12-31 | $615.59 Million | +4.30% |
| 2017-12-31 | $590.24 Million | +5.14% |
| 2016-12-31 | $561.37 Million | +5.48% |
| 2015-12-31 | $532.21 Million | +1.06% |
| 2014-12-31 | $526.60 Million | -3.01% |
| 2013-12-31 | $542.93 Million | -3.07% |
| 2012-12-31 | $560.10 Million | +0.26% |
| 2011-12-31 | $558.64 Million | +2.45% |
| 2010-12-31 | $545.29 Million | +7.88% |
| 2009-12-31 | $505.45 Million | +23.32% |
| 2008-12-31 | $409.85 Million | +3.86% |
| 2007-12-31 | $394.60 Million | -6.98% |
| 2006-12-31 | $424.24 Million | -2.49% |
| 2005-12-31 | $435.06 Million | +21.32% |
| 2004-12-31 | $358.61 Million | +5.36% |
| 2003-12-31 | $340.37 Million | -0.33% |
| 2002-12-31 | $341.50 Million | +8.63% |
| 2001-12-31 | $314.36 Million | -6.92% |
| 2000-12-31 | $337.75 Million | +12.36% |
| 1999-12-31 | $300.60 Million | -18.45% |
| 1998-12-31 | $368.60 Million | -9.48% |
| 1997-12-31 | $407.20 Million | +7.36% |
| 1996-12-31 | $379.30 Million | +69.41% |
| 1995-12-31 | $223.90 Million | +34.72% |
| 1994-12-31 | $166.20 Million | +9.06% |
| 1993-12-31 | $152.40 Million | +40.20% |
| 1992-12-31 | $108.70 Million | +21.86% |
| 1991-12-31 | $89.20 Million | +12.63% |
| 1990-12-31 | $79.20 Million | +12.18% |
| 1989-12-31 | $70.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Westamerica Bancorporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1272.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $584.63 Million | 62.63% |
| Other Comprehensive Income | $-91.14 Million | -9.76% |
| Other Components | $440.01 Million | 47.14% |
| Total Equity | $933.51 Million | 100.00% |
Westamerica Bancorporation Competitors by Market Cap
The table below lists competitors of Westamerica Bancorporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hooker Ltd Ord
OTCGREY:HOKRF
|
$1.18 Billion |
|
Insigma
SHG:600797
|
$1.18 Billion |
|
Deluxe Corporation
NYSE:DLX
|
$1.18 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
$1.18 Billion |
|
Nickel Industries Ltd
AU:NIC
|
$1.17 Billion |
|
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318
|
$1.17 Billion |
|
Dynamic Holding Co. Ltd.
TW:3715
|
$1.17 Billion |
|
Tsubakimoto Chain Co
F:TSB
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westamerica Bancorporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 889,957,000 to 933,509,000, a change of 43,552,000 (4.9%).
- Net income of 116,173,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 76,965,000.
- Other factors decreased equity by 149,586,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $116.17 Million | +12.44% |
| Other Comprehensive Income | $76.97 Million | +8.24% |
| Other Changes | $-149.59 Million | -16.02% |
| Total Change | $- | 4.89% |
Book Value vs Market Value Analysis
This analysis compares Westamerica Bancorporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.07x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $4.55 | $50.31 | x |
| 1990-12-31 | $5.06 | $50.31 | x |
| 1991-12-31 | $5.61 | $50.31 | x |
| 1992-12-31 | $6.21 | $50.31 | x |
| 1993-12-31 | $6.32 | $50.31 | x |
| 1994-12-31 | $6.86 | $50.31 | x |
| 1995-12-31 | $7.56 | $50.31 | x |
| 1996-12-31 | $10.70 | $50.31 | x |
| 1997-12-31 | $9.31 | $50.31 | x |
| 1998-12-31 | $8.67 | $50.31 | x |
| 1999-12-31 | $7.67 | $50.31 | x |
| 2000-12-31 | $9.14 | $50.31 | x |
| 2001-12-31 | $8.79 | $50.31 | x |
| 2002-12-31 | $9.98 | $50.31 | x |
| 2003-12-31 | $10.20 | $50.31 | x |
| 2004-12-31 | $11.05 | $50.31 | x |
| 2005-12-31 | $13.23 | $50.31 | x |
| 2006-12-31 | $13.37 | $50.31 | x |
| 2007-12-31 | $13.08 | $50.31 | x |
| 2008-12-31 | $14.00 | $50.31 | x |
| 2009-12-31 | $17.22 | $50.31 | x |
| 2010-12-31 | $18.50 | $50.31 | x |
| 2011-12-31 | $19.44 | $50.31 | x |
| 2012-12-31 | $20.22 | $50.31 | x |
| 2013-12-31 | $20.20 | $50.31 | x |
| 2014-12-31 | $20.13 | $50.31 | x |
| 2015-12-31 | $20.81 | $50.31 | x |
| 2016-12-31 | $21.86 | $50.31 | x |
| 2017-12-31 | $22.34 | $50.31 | x |
| 2018-12-31 | $23.01 | $50.31 | x |
| 2019-12-31 | $27.08 | $50.31 | x |
| 2020-12-31 | $31.34 | $50.31 | x |
| 2021-12-31 | $30.78 | $50.31 | x |
| 2022-12-31 | $22.38 | $50.31 | x |
| 2023-12-31 | $28.94 | $50.31 | x |
| 2024-12-31 | $33.35 | $50.31 | x |
| 2025-12-31 | $37.57 | $50.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westamerica Bancorporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.74%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.38x
- Recent ROE (12.44%) is below the historical average (16.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 10.34% | 5.11% | 0.11x | 19.12x | $240.00K |
| 1990 | 13.64% | 7.50% | 0.11x | 16.73x | $2.88 Million |
| 1991 | 13.00% | 8.69% | 0.10x | 14.67x | $2.68 Million |
| 1992 | 12.88% | 11.51% | 0.09x | 12.73x | $3.13 Million |
| 1993 | 6.23% | 5.91% | 0.08x | 13.15x | $-5.74 Million |
| 1994 | 14.86% | 16.08% | 0.08x | 12.22x | $8.08 Million |
| 1995 | 19.29% | 13.59% | 0.13x | 11.13x | $20.81 Million |
| 1996 | 12.34% | 15.07% | 0.08x | 10.19x | $8.87 Million |
| 1997 | 11.81% | 15.63% | 0.08x | 9.45x | $7.38 Million |
| 1998 | 19.91% | 24.09% | 0.08x | 10.43x | $36.54 Million |
| 1999 | 25.32% | 25.55% | 0.08x | 12.95x | $46.04 Million |
| 2000 | 23.62% | 25.68% | 0.08x | 11.94x | $46.00 Million |
| 2001 | 26.81% | 28.12% | 0.08x | 12.50x | $52.84 Million |
| 2002 | 25.52% | 31.78% | 0.06x | 12.37x | $52.99 Million |
| 2003 | 27.93% | 35.68% | 0.06x | 13.45x | $61.03 Million |
| 2004 | 26.01% | 35.28% | 0.06x | 13.21x | $57.40 Million |
| 2005 | 24.37% | 35.66% | 0.06x | 11.85x | $62.53 Million |
| 2006 | 23.29% | 32.73% | 0.06x | 11.24x | $56.38 Million |
| 2007 | 22.75% | 30.42% | 0.06x | 11.55x | $50.32 Million |
| 2008 | 14.60% | 28.99% | 0.05x | 9.84x | $18.85 Million |
| 2009 | 24.81% | 41.11% | 0.06x | 9.84x | $74.88 Million |
| 2010 | 17.34% | 33.49% | 0.06x | 9.04x | $40.05 Million |
| 2011 | 15.73% | 32.78% | 0.05x | 9.03x | $32.02 Million |
| 2012 | 14.48% | 33.75% | 0.05x | 8.84x | $25.12 Million |
| 2013 | 12.37% | 31.78% | 0.04x | 8.93x | $12.88 Million |
| 2014 | 11.52% | 31.59% | 0.04x | 9.56x | $7.99 Million |
| 2015 | 11.04% | 31.86% | 0.04x | 9.71x | $5.53 Million |
| 2016 | 10.48% | 32.25% | 0.03x | 9.56x | $2.72 Million |
| 2017 | 8.48% | 25.74% | 0.04x | 9.34x | $-9.00 Million |
| 2018 | 11.63% | 35.80% | 0.04x | 9.05x | $10.00 Million |
| 2019 | 10.99% | 39.01% | 0.04x | 7.68x | $7.25 Million |
| 2020 | 9.52% | 38.67% | 0.03x | 7.99x | $-4.07 Million |
| 2021 | 10.46% | 39.90% | 0.03x | 9.02x | $3.80 Million |
| 2022 | 20.27% | 45.73% | 0.04x | 11.54x | $61.82 Million |
| 2023 | 20.93% | 49.39% | 0.05x | 8.23x | $84.48 Million |
| 2024 | 15.58% | 44.55% | 0.05x | 6.83x | $49.64 Million |
| 2025 | 12.44% | 42.74% | 0.05x | 6.38x | $22.82 Million |
Industry Comparison
This section compares Westamerica Bancorporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westamerica Bancorporation (WABC) | $933.51 Million | 10.34% | 5.38x | $1.18 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |