Last 46 quarters of trend data · Financial Services · Banks - Regional
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Westamerica Bancorporation's quarterly P/E stands at 11.2x, up 18.3% year-over-year — indicating the stock has re-rated higher or earnings have softened.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.55 | 11.16 | 10.81 | 10.82 | 11.02 | 9.43 | 9.12 | 8.92 | 9.53 | 6.93 | 6.34 | 7.33 | 10.10 |
| — | +18.3% | +18.5% | +21.3% | +15.7% | +36.1% | +43.9% | +21.6% | -5.7% | -31.6% | -57.2% | -59.3% | -43.3% | |
| P/S Ratio | 4.43 | 4.69 | 4.63 | 4.83 | 4.79 | 4.14 | 4.07 | 4.13 | 4.58 | 3.43 | 3.14 | 3.71 | 4.99 |
| — | +13.5% | +13.7% | +16.8% | +4.6% | +20.7% | +29.4% | +11.4% | -8.1% | -29.3% | -50.2% | -49.5% | -30.7% | |
| P/B Ratio | 1.65 | 1.36 | 1.36 | 1.46 | 1.57 | 1.45 | 1.59 | 1.65 | 1.95 | 1.78 | 1.57 | 1.85 | 2.64 |
| — | -6.3% | -14.3% | -11.3% | -19.1% | -18.4% | +1.4% | -11.0% | -26.2% | -31.9% | -35.5% | -20.1% | +40.7% | |
| P/FCF | 9.85 | 11.02 | 13.76 | 7.99 | 12.03 | 8.23 | 17.43 | 6.26 | — | 4.95 | 4.86 | 5.45 | 9.50 |
| — | +33.9% | -21.0% | +27.7% | — | +66.3% | +258.6% | +14.8% | — | -58.9% | -86.7% | -57.6% | -57.6% | |
| EV / EBITDA | 4.58 | 4.79 | 4.54 | 4.30 | 5.11 | 4.82 | 5.53 | 5.44 | 6.01 | 3.61 | 3.96 | 4.71 | 6.01 |
| — | -0.5% | -17.9% | -20.9% | -15.0% | +33.4% | +39.7% | +15.5% | +0.0% | -32.8% | -29.6% | -8.6% | +41.4% | |
| EV / EBIT | 4.84 | 5.03 | 4.79 | 4.51 | 5.36 | 5.06 | 5.86 | 5.76 | 6.34 | 3.80 | 4.15 | 4.97 | 6.32 |
| — | -0.6% | -18.1% | -21.8% | -15.4% | +33.2% | +41.1% | +16.1% | +0.3% | -33.7% | -35.5% | -18.5% | +27.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Westamerica Bancorporation's operating margin was 56.2% in Q3 2025, down 1.4 pp QoQ and down 3.7 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 58.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 94.3% | 94.6% | 95.3% | 95.9% | 95.3% | 92.9% | 93.3% | 95.8% | 98.0% | 98.2% | 99.3% | 101.3% | 99.4% |
| — | +1.8% | +2.1% | +0.1% | -2.8% | -5.4% | -6.0% | -5.5% | -1.5% | -1.2% | +0.1% | +2.2% | +0.3% | |
| Operating Margin | 60.8% | 56.2% | 57.6% | 59.9% | 59.9% | 59.9% | 60.5% | 62.7% | 66.9% | 67.7% | 67.4% | 68.7% | 67.9% |
| — | -6.1% | -4.7% | -4.4% | -10.5% | -11.5% | -10.3% | -8.7% | -1.6% | +3.8% | +17.0% | +26.7% | +24.2% | |
| Net Margin | 44.6% | 41.9% | 42.9% | 44.5% | 43.4% | 44.0% | 44.6% | 46.2% | 48.1% | 49.4% | 49.6% | 50.5% | 49.4% |
| — | -4.7% | -3.8% | -3.7% | -9.8% | -11.1% | -10.1% | -8.5% | -2.6% | +3.3% | +16.1% | +23.4% | +22.5% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.7% | 3.0% | 3.2% | 3.4% | 3.5% | 4.1% | 4.4% | 4.7% | 5.6% | 6.4% | 6.2% | 6.5% | 6.9% |
| — | -25.0% | -28.6% | -26.5% | -36.5% | -36.5% | -29.0% | -28.4% | -19.5% | +6.4% | +62.0% | +119.6% | +164.3% | |
| ROA | 2.2% | 0.5% | 0.5% | 0.5% | 0.5% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% |
| — | -14.3% | -11.2% | -9.2% | -15.1% | -11.2% | -8.4% | -4.2% | +9.6% | +31.0% | +73.9% | +93.5% | +90.6% | |
| ROIC | 15.1% | 2.7% | 2.8% | 3.0% | 3.1% | 3.3% | 3.3% | 3.9% | 5.0% | 5.4% | 5.3% | 5.8% | 6.2% |
| — | -18.2% | -15.1% | -22.4% | -37.7% | -39.3% | -38.0% | -33.4% | -18.7% | +4.8% | +65.3% | +137.7% | +176.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Westamerica Bancorporation's Debt/EBITDA ratio is 3.9x, up from 2.9x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 30.2% YoY to 0.41x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.17 | 0.13 | 0.14 | 0.16 | 0.17 | 0.39 | 0.34 | 0.10 | 0.21 | 0.24 | 0.15 | 0.12 |
| — | +0.6% | -66.3% | -57.7% | +56.0% | -19.3% | +64.7% | +122.8% | -18.5% | +19.1% | +8.0% | -24.2% | -38.5% | |
| Debt / EBITDA | 0.69 | 3.92 | 2.95 | 3.04 | 3.01 | 3.02 | 6.26 | 5.16 | 1.33 | 2.23 | 2.69 | 1.70 | 1.29 |
| — | +29.9% | -52.9% | -41.1% | +126.6% | +35.1% | +132.2% | +204.1% | +3.0% | +20.9% | -22.3% | -57.6% | -73.0% | |
| Current Ratio | 0.39 | 0.41 | 0.39 | 0.39 | 0.39 | 0.59 | 0.57 | 0.55 | 0.77 | 0.50 | 0.75 | 0.75 | 0.75 |
| — | -30.2% | -31.5% | -28.7% | -49.5% | +18.6% | -23.7% | -26.7% | +3.0% | -32.7% | -9.6% | -14.3% | -15.8% | |
| Quick Ratio | 0.39 | 0.41 | 0.39 | 0.39 | 0.39 | 0.59 | 0.57 | 0.55 | 0.77 | 0.50 | 0.75 | 0.75 | 0.75 |
| — | -30.2% | -31.5% | -28.7% | -49.5% | +18.6% | -23.7% | -26.7% | +3.0% | -32.7% | -9.6% | -14.3% | -15.8% | |
| Interest Coverage | 10.85 | 10.41 | 12.25 | 12.32 | 12.61 | 8.46 | 9.07 | 16.48 | 32.67 | 50.26 | 90.19 | 116.86 | 113.89 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Westamerica Bancorporation's current P/E is 10.6x. The average P/E over the last 4 quarters is 11.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Westamerica Bancorporation's current operating margin is 60.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Westamerica Bancorporation's business trajectory between earnings reports.