Carter Bankshares vs Westamerica Bancorporation
Westamerica Bancorporation is the larger business, with $258m of revenue in fiscal 2025 against $153m for Carter Bankshares (1.7 times as much). Carter Bankshares grew faster (12.8% against -12.2%). Westamerica Bancorporation kept more of each dollar of sales as profit: a net margin of 45.0% against 20.5%.
| Latest fiscal year | Carter BanksharesCARE, 2025 | Westamerica BancorporationWABC, 2025 |
|---|---|---|
| Revenue | $153m | $258m |
| Revenue growth | 12.8% | -12.2% |
| Net income | $31.4m | $116m |
| Operating margin | — | — |
| Net margin | 20.5% | 45.0% |
| Return on equity | 7.8% | 12.7% |
| Free cash flow | $31.8m | $120m |
| Cash | $105m | — |
| Total debt | $0 | $137m |
| Debt to equity | — | — |
| Dividend per share | — | $1.82 |
| Dividend yield | — | 3.2% |
| Share buybacks | $20.0m | $104m |
| Employees | 687 | 627 |
| Market value | $635m | $1.39bn |
| Price vs our value range | — | — |
| Moat score | 53 (Moderate) | 89 (Strong) |
| Insider trades, 12 months | 1 buys, 6 sales | 1 buys, 1 sales |