WABC - NASDAQ
Westamerica Bancorporation
$54.98
-1.5%Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. It operates through 78 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was incorporated in 1972 and is headquartered in San Rafael, California.
At a Glance
Live SnapshotWestamerica Bancorporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Westamerica Bancorporation Income Statement
WABC • NASDAQ
| Westamerica Bancorporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
271.8M | 311.2M | 327.5M | 266.9M | 216.8M | 208M | 206.1M | 199.9M | 194.3M | 182.5M | 184.4M | 192M | 211.4M | 240.4M | 268.1M | 282.4M | 305.1M | 206.4M | 295.2M | 301.9M | |
GROSS PROFIT | ||||||||||||||||||||
(13.2M) | (17.7M) | (2.7M) | (1.9M) | (2M) | (6.1M) | (1.9M) | (2M) | (0.0) | -1.1M | (2.4M) | (6.2M) | (12.7M) | (16.9M) | (19.6M) | (24M) | (29.9M) | (35.9M) | (73.3M) | (65.7M) | |
258.7M | 293.5M | 324.8M | 265M | 214.8M | 201.8M | 204.2M | 197.9M | 194.3M | 183.6M | 182M | 185.8M | 198.7M | 223.4M | 248.5M | 258.4M | 275.2M | 170.5M | 221.9M | 236.1M | |
OPERATING INCOME | ||||||||||||||||||||
(101.9M) | (104.4M) | (103.2M) | (99.4M) | (97.8M) | (95M) | (99M) | (106.9M) | (107.1M) | (103.6M) | (105.3M) | (106.8M) | (112.6M) | (116.9M) | (127.7M) | (127M) | (91.9M) | (100.8M) | (101.4M) | (101.7M) | |
(70.7M) | (50.3M) | (47.9M) | (46.1M) | (48M) | (50.7M) | (51.1M) | (53M) | (51.5M) | (51.5M) | (52.2M) | (54.8M) | (56.6M) | (57.4M) | (58.5M) | (61.7M) | (75.5M) | (55.3M) | (63M) | (52.3M) | |
156.7M | 189.1M | 221.6M | 165.6M | 117M | 106.8M | 105.2M | 91M | 87.2M | 80M | 76.7M | 79M | 86.1M | 106.6M | 120.8M | 131.4M | 183.3M | 69.7M | 120.5M | 134.4M | |
PRE-TAX INCOME | ||||||||||||||||||||
(13.7M) | (17.4M) | (3.9M) | (1.9M) | (2M) | (1.8M) | (1.9M) | (2M) | (1.9M) | (2.1M) | (2.4M) | (3.4M) | (4.7M) | (5.7M) | (8.4M) | (12.8M) | (19.4M) | (33.2M) | (72.6M) | (65.3M) | |
217.3M | 250.6M | 280.1M | 219.8M | 171.5M | 164M | 156.8M | 149.8M | 136.4M | 133.8M | 134.1M | 136.8M | 149.7M | 177.6M | 199.6M | 208.3M | 222.6M | 175.2M | 163.3M | 181.2M | |
(31.2M) | (54.1M) | (55.3M) | (53.2M) | (49.8M) | (44.3M) | (47.9M) | (53.9M) | (55.6M) | (52.1M) | (53.1M) | (52M) | (56M) | (59.5M) | (69.2M) | (65.2M) | (16.5M) | (45.4M) | (38.5M) | (49.4M) | |
156.7M | 189.1M | 221.6M | 165.6M | 117M | 106.8M | 105.2M | 91M | 87.2M | 80M | 76.7M | 79M | 86.1M | 106.6M | 120.8M | 131.4M | 183.3M | 69.7M | 120.5M | 134.4M | |
NET INCOME | ||||||||||||||||||||
(40.5M) | (50.4M) | (59.8M) | (43.6M) | (30.5M) | (26.4M) | (24.8M) | (19.4M) | (37.1M) | (21.1M) | (17.9M) | (18.3M) | (18.9M) | (25.4M) | (32.9M) | (36.8M) | (57.9M) | (9.9M) | (30.7M) | (35.6M) | |
116.2M | 138.6M | 161.8M | 122M | 86.5M | 80.4M | 80.4M | 71.6M | 50M | 58.9M | 58.8M | 60.6M | 67.2M | 81.1M | 87.9M | 94.6M | 125.4M | 59.8M | 89.8M | 98.8M |
SEC Filings
WABC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 27, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 16, 2026 | April 16, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 13, 2026 | March 13, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 22, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 15, 2026 | January 15, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
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Dividends
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Analyst Expectations
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