Westamerica BancorporationWABC
What Westamerica Bancorporation does.
Westamerica Bancorporation is a bank holding company registered under the Bank Holding Company Act of 1956, as amended (“BHCA”). Its legal headquarters are located at 1108 Fifth Avenue, San Rafael, California 94901. Its principal administrative offices are located at 4550 Mangels Boulevard, Fairfield, California 94534, its telephone number is (707) 863-6000 and its website address is www.westamerica.com. The Company provides a full range of banking services to individual and commercial customers in Northern and Central California through its subsidiary bank, Westamerica Bank (the “Bank”). The Bank is a California-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation (the “FDIC”) up to applicable limits. The principal communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. The Company’s strategic focus is on the banking needs of small businesses. In addition, the Bank owns 100% of the capital stock of Community Banker Services Corporation (“CBSC”), a company engaged in providing the Company and its subsidiaries with data processing services and other support functions.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $209.7M | $214.8M | $265.0M | $323.6M | $293.8M | $258.1M |
| Net income | $80.4M | $86.5M | $122.0M | $161.8M | $138.6M | $116.2M |
| Free cash flow | $105.5M | $87.4M | $112.9M | $157.0M | $139.8M | $119.7M |
More on WABC.
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Figures from Westamerica Bancorporation's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.