Westamerica Bancorporation Common Stock (WABC)

FairStock Score: 44/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham style investor, I look for a durable business bought at a sensible price. Westamerica is a 608-employee regional bank holding company; its value comes from local deposit relationships and disciplined lending, not from rapid expansion. In fiscal FY2025, the year ended 2025-12-31, net income was $116.2M and diluted EPS $4.52. That was down from $138.6M and $5.20 in FY2024 and $161.8M and $6.06 in FY2023. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $27.4M and diluted EPS $1.17, so profit has not collapsed, but the multi-year trend is soft. FairStock's revenue-growth calculation is -6.53%, and its profit-growth calculation is -11.86%; it classifies the company as a slow grower, with profit growth of 7.6% a year over five years. At the 2026-10-13 close of $58.63, FairStock calculates a P/E of 12.91 and P/B of 1.58. Its calculated ROE is 12.49%. A 3.28% dividend yield and beta of 0.56 add a defensive tilt, and the Piotroski F-Score of 5/9 is middling. The main gap is that I cannot see CET1, net interest margin, combined ratio, nonperforming loans, reserves, charge-offs, or efficiency ratio in this data, so I cannot underwrite credit or capital risk properly. The bank looks reasonably profitable but not clearly cheap; with declining earnings and no wide moat, it is a watch-list candidate rather than an obvious bargain.

In plain English: Westamerica Bancorporation is a small regional bank that takes deposits and makes loans to people and businesses in the United States. It is profitable and pays a dividend, but its profits have been getting smaller over the past few years. At the recent price, the stock looks roughly fair compared with its earnings and accounting value, not clearly cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer