Skip to content

Westamerica Bank WABC Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Stellar Bancorp logo
Stellar BancorpSTEL
$626K+2.6%
Amerant Bancorp logo
Amerant BancorpAMTB
$2.56M+4.7%
Independent Bank Corp logo
Independent Bank CorpINDB
$2.71M+31.3%
CTB
Community Trust BancorpCTBI
$1.71M+65.6%
Northwest Bancshares logo
Northwest BancsharesNWBI
$2.04M+53.4%
Customers Bancorp logo
Customers BancorpCUBI
$3.08M-33.8%

Other financials

Income statement

See full
Revenue$64.5M-12.2%
Net income$27.4M-5.8%
EPS (diluted)$1.13-13.1%

Balance sheet

See full
Cash & equivalents$397.3M-45.4%
Total debt$165.5M+24.2%
Total equity$882.7M-4.4%
Total assets$5.9B-1.7%

Cash flow

See full
Operating cash flow$39.7M-6.3%
CapEx$1.0M+410%
Free cash flow$38.7M-8.2%

Valuation

See full
Market cap$1.39B+14.9%
Enterprise value$1.16B+88.3%
P/E12.1×+3.0×
P/S5.4×-0.2×

Profitability

See full
Net margin45%-2.2pp
FCF margin46.4%-1.2pp

Returns & leverage

See full
Return on equity12.7%-2.8pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Westamerica Bank in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: Westamerica Bank’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Westamerica Bank's bank owned life insurance income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Westamerica Bank's bank owned life insurance income?
Westamerica Bank (WABC) reported bank owned life insurance income of $0 in Q1 2026.
How has Westamerica Bank's bank owned life insurance income changed year-over-year?
Westamerica Bank's bank owned life insurance income decreased by 100.0% year-over-year, from $52K to $0.
What is the long-term trend for Westamerica Bank's bank owned life insurance income?
Over 3 years (2022 to 2025), Westamerica Bank's bank owned life insurance income has grown at a -39.3% compound annual growth rate (CAGR), from $930K to $208K.
What does bank owned life insurance income mean?
This represents the income or increase in cash surrender value derived from life insurance policies held by the bank on the lives of its employees or executives. It acts as a non-interest income stream that helps offset the costs of employee benefit programs.