Westamerica Bancorporation (WABC) Financial Statements & Analysis

Westamerica Bancorporation (WABC) Income Statement

Westamerica Bancorporation reported revenue of $271.84M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 7.5% from $293.75M a year earlier. Net income was $116.17M, down 16.2% year over year, a net margin of 42.7%. Gross margin was 95.2% and operating margin 57.6%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $64.05M, up 0.5% from the same quarter a year earlier.

Westamerica Bancorporation Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Westamerica Bancorporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	271.84	293.75	327.54	264.95	216.79	207.96	206.09	199.87	194.32
Cost of Revenue	13.16	17.72	2.74	1.93	1.96	6.12	1.89	1.96	0.00
Gross Profit	258.70	293.45	324.80	264.95	214.83	201.83	204.20	197.91	194.32
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	70.75	50.29	47.87	46.13	48.01	50.75	51.05	53.01	51.52
Operating Expenses	101.92	104.39	103.22	99.36	97.81	95.03	98.99	106.92	107.14
Operating Income	156.69	189.06	221.58	165.59	117.03	106.80	105.22	91.00	87.17
Other Income/Expense
Interest Income	230.98	268.01	284.01	221.76	173.44	165.86	158.68	151.72	138.31
Interest Expense	13.71	17.42	3.89	1.93	1.96	1.82	1.89	1.96	1.90
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	156.69	189.06	221.58	165.59	117.03	106.80	105.22	91.00	87.17
Income Tax Expense	40.51	50.42	59.81	43.56	30.52	26.39	24.83	19.43	37.15
Net Income	116.17	138.64	161.77	122.03	86.51	80.41	80.39	71.56	50.03
Net Income - Continuous Operations	116.17	138.64	161.77	122.03	86.51	80.41	80.39	71.56	50.03
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	162.78	10.40	233.35	16.57	133.64	129.45	125.84	115.40	113.25
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	6.10	10.40	11.77	16.57	16.62	22.65	20.63	24.40	26.08
Earnings Per Share
Basic EPS	5.00	5.00	6.00	5.00	3.00	3.00	3.00	3.00	2.00
Diluted EPS	5.00	5.00	6.00	5.00	3.00	3.00	3.00	3.00	2.00
Basic Shares Outstanding	24.85	26.69	26.70	26.90	26.86	26.94	26.96	26.65	26.29
Diluted Shares Outstanding	24.85	26.69	26.71	26.91	26.87	26.96	27.01	26.76	26.42

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About Westamerica Bancorporation Financial Statements

What was Westamerica Bancorporation's revenue in fiscal 2025?

Westamerica Bancorporation reported revenue of $271.84M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 7.5% from $293.75M a year earlier.

Is Westamerica Bancorporation profitable?

Yes. Westamerica Bancorporation earned net income of $116.17M in fiscal 2025, a net margin of 42.7%. In fiscal 2024 it earned $138.64M.

What is Westamerica Bancorporation's operating margin?

Westamerica Bancorporation's operating income was $156.69M on revenue of $271.84M in fiscal 2025, an operating margin of 57.6%, compared with 64.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition