Shares Outstanding Shares Outstanding n/a Close	26.18M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.14%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.11%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	77.03%
Shares Floating Shares Floating n/a Close	24.96M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	140
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.08%

Short Selling Information

The latest short interest is 402.18K, so 1.54% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	402.18K
Short % of Shares Out Short % of Shares Out n/a Close	1.54%
Short % of Float Short % of Float n/a Close	2.24%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	2.55

Valuation Ratios

The PE ratio is 10.1 and the forward PE ratio is 11.23. Westamerica Bancorporation's PEG ratio is -0.71.

PE Ratio PE Ratio n/a Close	10.1
Forward PE Forward PE n/a Close	11.23
PS Ratio PS Ratio n/a Close	4.5
Forward PS Forward PS n/a Close	4.8
PB Ratio PB Ratio n/a Close	1.57
P/FCF Ratio P/FCF Ratio n/a Close	10.01
PEG Ratio PEG Ratio n/a Close	-0.71

Financial Ratio History

Enterprise Valuation

Westamerica Bancorporation has an Enterprise Value (EV) of 936.71M.

EV / Sales EV / Sales n/a Close	3.01
EV / EBITDA EV / EBITDA n/a Close	4.7
EV / EBIT EV / EBIT n/a Close	6.62
EV / FCF EV / FCF n/a Close	6.7

Financial Position

The company has a current ratio of 0.39, with a Debt / Equity ratio of 0.16.

Current Ratio Current Ratio n/a Close	0.39
Quick Ratio Quick Ratio n/a Close	0.39
Debt / Equity Debt / Equity n/a Close	0.16
Debt / EBITDA Debt / EBITDA n/a Close	0.69
Debt / FCF Debt / FCF n/a Close	0.99
Interest Coverage Interest Coverage n/a Close	10.85

Financial Efficiency

Return on Equity is 15.58% and Return on Invested Capital is 13.02%.

Return on Equity Return on Equity n/a Close	15.58%
Return on Assets Return on Assets n/a Close	2.28%
Return on Invested Capital Return on Invested Capital n/a Close	13.02%
Revenue Per Employee Revenue Per Employee n/a Close	$505,144.48
Profits Per Employee Profits Per Employee n/a Close	$225,058.44
Employee Count Employee Count n/a Close	616
Asset Turnover Asset Turnover n/a Close	0.05
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	50.42M
Effective Tax Rate Effective Tax Rate n/a Close	26.67%

Stock Price Statistics

The stock price has increased by -1.24% in the last 52 weeks. The beta is 0.64, so Westamerica Bancorporation's price volatility has been higher than the market average.

Beta Beta n/a Close	0.64
52-Week Price Change 52-Week Price Change n/a Close	-1.24%
50-Day Moving Average 50-Day Moving Average n/a Close	47.98
200-Day Moving Average 200-Day Moving Average n/a Close	50.8
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	36.62
Average Volume (20 Days) Average Volume (20 Days) n/a Close	180,529

Income Statement

In the last 12 months, Westamerica Bancorporation had revenue of 311.17M and earned 138.64M in profits. Earnings per share was 5.2.

Revenue Revenue n/a Close	311.17M
Gross Profit Gross Profit n/a Close	293.45M
Operating Income Operating Income n/a Close	189.06M
Net Income Net Income n/a Close	138.64M
EBITDA EBITDA n/a Close	199.46M
EBIT EBIT n/a Close	189.06M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	5.2

Full Income Statement

Balance Sheet

The company has 601.49M in cash and 138.31M in debt, giving a net cash position of 463.19M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	601.49M
Total Debt Total Debt n/a Close	138.31M
Net Cash Net Cash n/a Close	463.19M
Retained Earnings Retained Earnings n/a Close	581.55M
Total Assets Total Assets n/a Close	5.97B
Working Capital Working Capital n/a Close	-3.04B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 141.57M and capital expenditures -1.74M, giving a free cash flow of 139.83M.

Operating Cash Flow Operating Cash Flow n/a Close	141.57M
Capital Expenditures Capital Expenditures n/a Close	-1.74M
Free Cash Flow Free Cash Flow n/a Close	139.83M
FCF Per Share FCF Per Share n/a Close	5.24

Full Cash Flow Statement

Margins

Gross margin is 94.31%, with operating and profit margins of 60.76% and 44.55%.

Gross Margin Gross Margin n/a Close	94.31%
Operating Margin Operating Margin n/a Close	60.76%
Pretax Margin Pretax Margin n/a Close	60.76%
Profit Margin Profit Margin n/a Close	44.55%
EBITDA Margin EBITDA Margin n/a Close	64.1%
EBIT Margin EBIT Margin n/a Close	60.76%
FCF Margin FCF Margin n/a Close	44.94%

Dividends & Yields

WABC pays an annual dividend of $2.22, which amounts to a dividend yield of 3.65%.

Dividend Per Share Dividend Per Share n/a Close	$2.22
Dividend Yield Dividend Yield n/a Close	3.65%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	0%
Payout Ratio Payout Ratio n/a Close	44.49%
Earnings Yield Earnings Yield n/a Close	9.9%
FCF Yield FCF Yield n/a Close	9.99%

Dividend Details

Analyst Forecast

The average price target for WABC is $52.5, which is 13.8% higher than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$52.5
Price Target Difference Price Target Difference n/a Close	13.8%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	3

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$61.26
Lynch Upside Lynch Upside n/a Close	32.74%
Graham Number Graham Number n/a Close	62.44
Graham Upside Graham Upside n/a Close	35.3%

Stock Splits

The last stock split was on Feb 26, 1998. It was a forward split with a ratio of 3:1.

Last Split Date Last Split Date n/a Close	Feb 26, 1998
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	3:1

Scores

Altman Z-Score Altman Z-Score n/a Close	-0.18
Piotroski F-Score Piotroski F-Score n/a Close	6