Is WESTAMERICA BANCORPORATION (WABC) Halal?

NASDAQ Financial Services United States $1.2B
✗ NOT HALAL
Confidence: 95/100
WESTAMERICA BANCORPORATION (WABC) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
11.3
Forward: 12.2
EPS
$4.52
Dividend Yield
360.0%
Payout: 40.3%
P/B Ratio
1.3
Revenue
$258M
Growth: -9.0%
Beta
0.6
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 61.2%
Net Margin 45.0%
Return on Equity (ROE) 12.7%
Return on Assets (ROA) 1.9%

Cash Flow & Balance Sheet

Operating Cash Flow$122M
Free Cash Flow$120M
Total Debt$22M
Total Assets$6.0B

Price & Trading

Last Close$51.47
50-Day MA$51.07
200-Day MA$49.23
Avg Volume175K
Beta0.6
52-Week Range
$42.00
$53.48

About WESTAMERICA BANCORPORATION (WABC)

CEO
Mr. David L. Payne
Employees
608
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$1.2B
Currency
USD

Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products from local businesses and professionals, as well as retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial real estate, residential real estate, real estate construction, consumer installment loans, as well as indirect automobile loans. The company serves small businesses, professionals, and consumers. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1884 and is headquartered in San Rafael, California.

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Frequently Asked Questions

Is WESTAMERICA BANCORPORATION (WABC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WESTAMERICA BANCORPORATION is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is WESTAMERICA BANCORPORATION's debt ratio?

WESTAMERICA BANCORPORATION's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are WESTAMERICA BANCORPORATION's key financial metrics?

WESTAMERICA BANCORPORATION has a market capitalization of $1.2B, trailing P/E ratio of 11.3, and revenue of $258M. Return on equity stands at 12.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.