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Westamerica Bancorp (Westamerica Bancorp) Debt-to-Equity : 0.28 (As of Mar. 2024)


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What is Westamerica Bancorp Debt-to-Equity?

Westamerica Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Westamerica Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $220.0 Mil. Westamerica Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $791.7 Mil. Westamerica Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Westamerica Bancorp's Debt-to-Equity or its related term are showing as below:

WABC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.28
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Westamerica Bancorp was 0.28. The lowest was 0.02. And the median was 0.11.

WABC's Debt-to-Equity is ranked better than
74.86% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs WABC: 0.28

Westamerica Bancorp Debt-to-Equity Historical Data

The historical data trend for Westamerica Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westamerica Bancorp Debt-to-Equity Chart

Westamerica Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.12 0.10

Westamerica Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.24 0.21 0.10 0.28

Competitive Comparison of Westamerica Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Westamerica Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westamerica Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westamerica Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Westamerica Bancorp's Debt-to-Equity falls into.



Westamerica Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Westamerica Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Westamerica Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westamerica Bancorp  (NAS:WABC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Westamerica Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Westamerica Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Westamerica Bancorp (Westamerica Bancorp) Business Description

Traded in Other Exchanges
Address
1108 Fifth Avenue, San Rafael, CA, USA, 94901
Westamerica Bancorp is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has approximately $7.5 billion in assets. The bank's net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.
Executives
Alisa Jane Belew director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Curtis Belton officer: Vice President/General Auditor 4550 MANGELS BLVD, A-2Y, FAIRFIELD CA 94585-1200
Melanie Martella Chiesa director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Michele R. Hassid director 4550 MANGELS BLVD A 2M, FAIRFIELD CA 94534
Inez Wondeh director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
George S Ensinger officer: SVP/Human Resources Div. Mgr 4550 MANGELS BLVD, A-1R, FAIRFIELD CA 94585-1200
Mac Millan Catherine C director
Edward B Sylvester director
Jesse Leavitt officer: CFO 4550 MANGELS BLVD A-2B, FAIRIFELD CA 94534
John A Thorson officer: SVP & Treasurer
Brian J Donohoe officer: Operations and Systems Mgr 4550 MANGELS BLVD, B-2A, FAIRFIELD CA 94585-1200
Russell W Rizzardi officer: SVP/Chief Credit Administrator 4550 MANGELS BLVD., FAIRFIELD CA 94534
Dennis R Hansen officer: SVP & Controller
James J Schneck officer: General Auditor
David L Robinson officer: VP/Banking Division Manager 4550 MANGELS BLVD, FAIRFIELD CA 94534

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