Westamerica Bancorporation (WABC)

WABC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	42.62	45.29	47.12	49.68	57.56	59.38
Interest Income on Investments	193.98	222.73	236.9	172.07	115.89	106.48
Total Interest Income	236.59	268.01	284.01	221.76	173.44	165.86
Interest Paid on Deposits	12.99	10.94	3.77	1.85	1.88	1.77
Interest Paid on Borrowings	0.71	6.48	0.12	0.08	0.08	0.05
Total Interest Expense	13.7	17.42	3.89	1.93	1.96	1.82
Net Interest Income	222.9	250.6	280.12	219.83	171.49	164.03
Net Interest Income Growth (YoY)	-14.61%	-10.54%	27.43%	28.19%	4.54%	4.62%
Trust Income	3.53	3.32	3.12	3.22	3.31	3.01
Gain (Loss) on Sale of Assets	-	-	-	-	-	3.54
Gain (Loss) on Sale of Investments	-	-	-0.13	-	0.03	0.07
Other Non-Interest Income	24.12	25.61	26.08	26.49	26.3	24.87
Total Non-Interest Income	41.21	42.95	43.24	44.19	43.35	45.64
Non-Interest Income Growth (YoY)	-4.85%	-0.67%	-2.15%	1.95%	-5.02%	-2.85%
Revenues Before Loan Losses	264.11	293.55	323.37	264.02	214.83	209.67
Provision for Loan Losses	-0.55	0.3	-1.15	-	-	4.3
Revenue	264.66	293.25	324.52	264.02	214.83	205.37
Revenue Growth (YoY)	-12.95%	-9.63%	22.91%	22.90%	4.61%	0.78%
Salaries and Employee Benefits	47.79	48.81	46.52	44.82	46.59	48.87
Occupancy Expenses	13.98	13.99	13.92	13.31	12.56	12.94
Selling, General & Administrative	23.51	22.62	22.21	22.81	23.03	22.42
Other Non-Interest Expense	13.19	13.79	14.82	12.7	13.01	11.89
Total Non-Interest Expense	102.31	104.39	103.22	99.36	97.81	98.57
EBT Excluding Unusual Items	162.35	188.86	221.3	164.66	117.03	106.8
Pretax Income	162.56	189.06	221.58	165.59	117.03	106.8
Income Tax Expense	42.49	50.42	59.81	43.56	30.52	26.39
Net Income	120.07	138.64	161.77	122.03	86.51	80.41
Net Income to Common	120.07	138.64	161.77	122.03	86.51	80.41
Net Income Growth	-17.99%	-14.30%	32.56%	41.07%	7.58%	0.03%
Basic Shares Outstanding	26	27	27	27	27	27
Diluted Shares Outstanding	26	27	27	27	27	27
Shares Change (YoY)	-2.01%	-0.07%	-0.75%	0.14%	-0.33%	-0.17%
EPS (Basic)	4.59	5.20	6.06	4.54	3.22	2.98
EPS (Diluted)	4.59	5.20	6.06	4.54	3.22	2.98
EPS Growth	-16.35%	-14.24%	33.51%	40.91%	8.05%	-
Dividend Per Share	1.800	1.760	1.720	1.680	1.650	1.640
Dividend Growth	2.27%	2.33%	2.38%	1.82%	0.61%	0.61%
Effective Tax Rate	26.14%	26.67%	26.99%	26.30%	26.08%	24.71%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q