Westamerica Bancorporation (WABC) Balance Sheet
WABC balance sheet, 2025
December 31, 2025 · U.S. dollars$5.96B assets = $5.03B liabilities + $933.5M equity
Both columns are drawn to the same scale: what WABC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WABC financial health
Descriptive bands, not a rating. Fiscal 2025.
WABC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.37B2016 | $5.96B2025 | +1.2%/yr | |
| Total liabilities | $4.80B2016 | $5.03B2025 | +0.5%/yr | |
| Shareholders’ equity | $561.4M2016 | $933.5M2025 | +5.8%/yr | |
| Cash & short-term investments | $2.35B2016 | $2.12B2025 | −1.2%/yr | |
| Total debt | $118.2M2016 | $159.5M2025 | +3.4%/yr | |
| Net cash (debt) | $2.23B2016 | $1.96B2025 | −$277.7M | |
| Working capital | −$2.44B2016 | −$2.82B2025 | −$374.1M | |
| Book value per share | $21.862016 | $37.572025 | +6.2%/yr | |
| Debt / equity | 0.212016 | 0.172025 | −0.04 | |
| Shares outstanding | 25.7M2016 | 24.8M2025 | −0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WABC assets
WABC liabilities and equity
WABC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WABC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $2.12B | $1.94B | $4.19B | $4.63B | $5.77B | $4.68B | $3.45B | $3.07B | $2.77B | $2.35B |
| Cash & equivalents | $567.8M | $601.5M | $190.3M | $294.2M | $1.13B | $621.3M | $373.4M | $420.3M | $575.0M | $462.3M |
| Short-term investments | $1.55B | $1.34B | $4.00B | $4.33B | $4.64B | $4.06B | $3.08B | $2.65B | $2.19B | $1.89B |
| Receivables | $37.1M | $44.6M | $54.6M | $53.6M | $35.5M | $33.0M | $28.8M | $25.8M | $23.6M | $21.5M |
| Inventory | $0 | $0 | −$244.9M | −$4.68B | −$5.81B | −$4.72B | −$3.48B | −$3.10B | −$2.79B | −$2.37B |
| Other current assets | $5.8M | $5.7M | $250.1M | $4.68B | $5.81B | $4.72B | $3.48B | $3.11B | $2.80B | $2.38B |
| Total current assets | $2.16B | $1.99B | $4.25B | $4.68B | $5.81B | $4.72B | $3.48B | $3.11B | $2.80B | $2.38B |
| Property, plant & equipment (net) | $47.9M | $44.1M | $45.8M | $44.6M | $49.1M | $51.6M | $51.7M | $34.5M | $35.3M | $36.6M |
| Goodwill & intangible assets | $121.7M | $121.8M | $122.0M | $122.3M | $122.5M | $122.8M | $123.1M | $123.6M | $125.5M | $128.6M |
| Long-term investments | $4.32B | $4.27B | $4.91B | $5.25B | $4.95B | $4.06B | $3.82B | $3.64B | $1.16B | $1.35B |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.40B | $1.48B |
| Total assets | $5.96B | $6.08B | $6.36B | $6.95B | $7.46B | $6.75B | $5.62B | $5.57B | $5.51B | $5.37B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $6.23B | $6.41B | $5.69B | $4.81B | $4.87B | $4.83B | $4.70B |
| Short-term debt | $137.3M | $120.3M | $58.2M | $57.8M | $146.2M | $102.5M | $61.9M | $102.5M | $116.9M | $118.2M |
| Total current liabilities | $4.98B | $5.13B | $5.53B | $6.28B | $6.56B | $5.79B | $4.87B | $4.97B | $4.94B | $4.82B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $22.2M | $18.0M | $18.8M | $15.7M | $18.0M | $18.8M | $17.1M | — | — | — |
| Other long-term liabilities | $49.4M | $54.1M | $59.3M | $65.1M | $73.7M | $112.6M | $13.7M | $0 | $0 | $0 |
| Total liabilities | $5.03B | $5.19B | $5.59B | $6.35B | $6.63B | $5.90B | $4.89B | $4.95B | $4.92B | $4.80B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $440.0M | $476.5M | $473.1M | $475.1M | $471.0M | $466.0M | $465.5M | $448.4M | $431.7M | $404.6M |
| Retained earnings (deficit) | $584.6M | $581.6M | $490.0M | $383.1M | $306.4M | $264.4M | $239.1M | $205.8M | $173.8M | $165.3M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$91.1M | −$168.1M | −$190.3M | −$256.1M | $49.7M | $114.4M | $26.1M | −$40.0M | −$16.8M | −$10.1M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $933.5M | $890.0M | $772.9M | $602.1M | $827.1M | $844.8M | $731.4M | $615.6M | $590.2M | $561.4M |
| Key figures | ||||||||||
| Total debt | $159.5M | $138.3M | $77.0M | $73.5M | $164.2M | $121.4M | $79.0M | $102.5M | $116.9M | $118.2M |
| Net cash (debt) | $1.96B | $1.80B | $4.11B | $4.55B | $5.61B | $4.56B | $3.37B | $2.97B | $2.65B | $2.23B |
| Working capital | −$2.82B | −$3.14B | −$1.28B | −$1.60B | −$749.0M | −$1.07B | −$1.39B | −$1.86B | −$2.15B | −$2.44B |
| Tangible book value | $811.8M | $768.2M | $650.9M | $479.9M | $704.6M | $722.0M | $608.4M | $492.0M | $464.7M | $432.8M |
| Book value per share | $37.57 | $33.35 | $28.94 | $22.38 | $30.78 | $31.34 | $27.08 | $23.01 | $22.34 | $21.86 |
| Shares outstanding | 24.8M | 26.7M | 26.7M | 26.9M | 26.9M | 27.0M | 27.0M | 26.8M | 26.4M | 25.7M |
| Current ratio | 0.43 | 0.39 | 0.77 | 0.75 | 0.89 | 0.82 | 0.71 | 0.62 | 0.57 | 0.49 |
| Quick ratio | 0.43 | 0.39 | 0.77 | 0.74 | 0.89 | 0.81 | 0.71 | 0.62 | 0.56 | 0.49 |
| Debt / equity | 0.17 | 0.16 | 0.10 | 0.12 | 0.20 | 0.14 | 0.11 | 0.17 | 0.20 | 0.21 |
| Equity / assets | 15.7% | 14.6% | 12.1% | 8.7% | 11.1% | 12.5% | 13.0% | 11.1% | 10.7% | 10.5% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $322.5M | $301.9M | $397.3M | $2.12B | $1.98B | $1.85B | $1.90B | $1.94B | $3.00B | $2.93B | $2.90B | $4.19B |
| Cash & equivalents | $322.5M | $301.9M | $397.3M | $567.8M | $659.3M | $626.4M | $727.3M | $601.5M | $502.9M | $486.1M | $434.2M | $190.3M |
| Short-term investments | — | $1.68B | $3.60B | $1.55B | $1.32B | $1.22B | $1.17B | $1.34B | $2.50B | $2.44B | $2.47B | $4.00B |
| Receivables | $0 | $35.7M | $36.8M | $37.1M | $39.4M | $40.2M | $42.1M | $44.6M | $48.1M | $50.3M | $54.0M | $54.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$536.5M | −$488.2M | −$244.9M |
| Other current assets | $0 | $0 | $0 | $5.8M | $4.9M | $4.8M | $4.7M | $5.7M | $4.6M | $541.0M | $492.7M | $250.1M |
| Total current assets | $322.5M | $301.9M | $434.0M | $2.16B | $2.02B | $1.90B | $1.95B | $1.99B | $3.06B | $2.99B | $2.96B | $4.25B |
| Property, plant & equipment (net) | $25.6M | $25.6M | $47.0M | $47.9M | $48.3M | $46.2M | $45.7M | $44.1M | $45.1M | $45.1M | $46.4M | $45.8M |
| Goodwill & intangible assets | $121.7M | $121.7M | $121.7M | $121.7M | $121.7M | $121.7M | $121.7M | $121.8M | $121.9M | $121.9M | $122.0M | $122.0M |
| Long-term investments | $0 | $4.48B | $4.43B | $4.32B | $4.16B | $4.09B | $4.11B | $4.27B | $3.38B | $3.33B | $3.36B | $4.91B |
| Other non-current assets | $5.32B | $880.8M | $836.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $5.79B | $5.81B | $5.86B | $5.96B | $5.91B | $5.83B | $5.97B | $6.08B | $6.16B | $6.31B | $6.46B | $6.36B |
| Liabilities | ||||||||||||
| Short-term debt | $139.1M | $135.1M | $149.2M | $137.3M | $133.7M | $101.2M | $113.2M | $120.3M | $132.5M | $100.2M | $50.3M | $58.2M |
| Total current liabilities | $139.1M | $131.8M | $149.2M | $4.98B | $4.93B | $4.85B | $4.99B | $5.13B | $5.20B | $5.23B | $5.41B | $5.53B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200.0M | $200.0M | $0 |
| Lease obligations | — | $22.2M | $21.0M | $22.2M | $22.4M | $20.4M | $20.0M | $18.0M | $19.0M | $18.8M | $20.0M | $18.8M |
| Other long-term liabilities | $4.87B | $4.82B | $4.83B | $49.4M | $56.0M | $54.5M | $56.2M | $54.1M | $54.6M | $64.9M | $67.7M | $59.3M |
| Total liabilities | $5.00B | $4.95B | $4.98B | $5.03B | $4.98B | $4.90B | $5.04B | $5.19B | $5.25B | $5.50B | $5.67B | $5.59B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | $415.0M | $422.3M | $440.0M | $448.6M | $456.9M | $470.8M | $476.5M | $475.1M | $474.6M | $474.0M | $473.1M |
| Retained earnings (deficit) | $570.8M | $555.7M | $567.6M | $584.6M | $583.0M | $581.6M | $589.1M | $581.6M | $561.6M | $538.3M | $514.6M | $490.0M |
| Accumulated other comprehensive income | −$202.8M | −$117.6M | −$107.2M | −$91.1M | −$99.9M | −$116.7M | −$136.8M | −$168.1M | −$127.7M | −$197.3M | −$196.9M | −$190.3M |
| Total shareholders' equity | $789.7M | $853.1M | $882.7M | $933.5M | $931.6M | $921.8M | $923.1M | $890.0M | $909.0M | $815.6M | $791.7M | $772.9M |
| Key figures | ||||||||||||
| Total debt | $139.1M | $154.0M | $165.5M | $159.5M | $156.1M | $121.6M | $133.2M | $138.3M | $151.4M | $319.0M | $270.3M | $77.0M |
| Net cash (debt) | $183.4M | $147.9M | $231.8M | $1.96B | $1.82B | $1.73B | $1.77B | $1.80B | $2.85B | $2.61B | $2.63B | $4.11B |
| Working capital | $183.4M | $170.1M | $284.8M | −$2.82B | −$2.91B | −$2.95B | −$3.04B | −$3.14B | −$2.14B | −$2.25B | −$2.44B | −$1.28B |
| Tangible book value | $668.0M | $731.5M | $761.0M | $811.8M | $810.0M | $800.1M | $801.4M | $768.2M | $787.2M | $693.7M | $669.7M | $650.9M |
| Book value per share | $34.15 | $36.59 | $36.32 | $37.57 | $36.76 | $35.61 | $34.65 | $33.33 | $34.06 | $30.57 | $29.68 | $28.99 |
| Shares outstanding | 23.1M | 23.3M | 24.3M | 24.8M | 25.3M | 25.9M | 26.6M | 26.7M | 26.7M | 26.7M | 26.7M | 26.7M |
| Current ratio | 2.32 | 2.29 | 2.91 | 0.43 | 0.41 | 0.39 | 0.39 | 0.39 | 0.59 | 0.57 | 0.55 | 0.77 |
| Quick ratio | 2.32 | 2.56 | 2.91 | 0.43 | 0.41 | 0.39 | 0.39 | 0.39 | 0.59 | 0.57 | 0.55 | 0.77 |
| Debt / equity | 0.18 | 0.18 | 0.19 | 0.17 | 0.17 | 0.13 | 0.14 | 0.16 | 0.17 | 0.39 | 0.34 | 0.10 |
| Equity / assets | 13.6% | 14.7% | 15.1% | 15.7% | 15.8% | 15.8% | 15.5% | 14.6% | 14.8% | 12.9% | 12.2% | 12.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
WABC financial position
At the end of fiscal 2025 (December 31, 2025), Westamerica Bancorporation had total assets of $6.0 billion (down 1.9% from a year earlier), total liabilities of $5.0 billion and shareholders' equity of $933.5 million. It held $2.1 billion in cash and short-term investments against $159.5 million of debt, a net cash position of $2.0 billion. Its current ratio was 0.43. In the latest quarter (ended September 30, 2026) total assets were $5.8 billion and equity $789.7 million.
Related: WABC income statement, WABC cash flow statement, WABC key metrics. See the WABC stock overview for the latest quote and news.
WABC balance sheet FAQ
What are Westamerica Bancorporation's total assets?
Westamerica Bancorporation reported total assets of $6.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.1 billion a year earlier.
How much debt does Westamerica Bancorporation have?
Westamerica Bancorporation had $159.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.17.
How much cash does Westamerica Bancorporation have?
Westamerica Bancorporation held $2.1 billion in cash and short-term investments at the end of fiscal 2025; with $159.5 million of debt that is net cash of $2.0 billion.
What is Westamerica Bancorporation's book value?
Westamerica Bancorporation's shareholders' equity (book value) was $933.5 million at the end of fiscal 2025, or $37.57 per share.
What is Westamerica Bancorporation's current ratio?
Westamerica Bancorporation had current assets of $2.2 billion and current liabilities of $5.0 billion, a current ratio of 0.43 (current liabilities exceed current assets).
How much goodwill does Westamerica Bancorporation have?
Westamerica Bancorporation carried $121.7 million of goodwill and intangible assets, 2.0% of total assets, at the end of fiscal 2025.