Westamerica Bancorporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $116.2M | $138.6M | $161.8M | $122.0M | $86.5M | $80.4M | $80.4M | $71.6M |
| Depreciation & Amortization | $7.2M | $10.4M | $11.8M | $16.6M | $16.6M | $22.6M | $20.6M | $24.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | $269.0K | $287.0K | $538.0K | $1.9M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $121.9M | $141.6M | $158.2M | $113.7M | $88.7M | $107.7M | $80.7M | $96.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.2M | $1.7M | $1.2M | $811.0K | $1.3M | $2.2M | $4.0M | $3.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $149.6M | $715.7M | $547.3M | $-631.3M | $-306.1M | $-748.9M | $-22.3M | $-253.6M |
| Financing Activities | ||||||||
| Dividends Paid | $46.9M | $47.0M | $46.0M | $45.2M | $44.3M | $44.3M | $43.9M | $42.6M |
| Stock Repurchases | $103.8M | $210.0K | $13.7M | $218.0K | $232.0K | $16.5M | $488.0K | $524.0K |
| Net Cash from Financing Activities | $-305.2M | $-446.1M | $-809.4M | $-320.3M | $728.2M | $889.0M | $-105.3M | $2.2M |
| Net Change in Cash | $-33.7M | $411.2M | $-103.9M | $-837.8M | $510.8M | $247.9M | $-46.9M | $-154.7M |
| Free Cash Flow | $119.7M | $139.8M | $157.0M | $112.9M | $87.4M | $105.5M | $76.7M | $93.5M |