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Westamerica Bancorp (Westamerica Bancorp) Equity-to-Asset

: 0.12 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Westamerica Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $772.9 Mil. Westamerica Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $6,364.6 Mil. Therefore, Westamerica Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

WABC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Westamerica Bancorp was 0.13. The lowest was 0.09. And the median was 0.11.

WABC's Equity-to-Asset is ranked better than
74.98% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs WABC: 0.12

Westamerica Bancorp Equity-to-Asset Historical Data

The historical data trend for Westamerica Bancorp's Equity-to-Asset 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.11 0.09 0.12

Westamerica Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.09 0.10 0.10 0.10 0.12

Competitive Comparison

For the Banks - Regional subindustry, Westamerica Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

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

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



Westamerica Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=772.894/6364.592
=0.12

Westamerica Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=772.894/6364.592
=0.12

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Westamerica Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Westamerica Bancorp's Equity-to-Asset 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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