Westamerica Bancorporation

WABC · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$311,169$327,535$266,877$216,788
% Growth-5%22.7%23.1%
Cost of Goods Sold$17,719$2,740$1,925$1,955
Gross Profit$293,450$324,795$264,952$214,833
% Margin94.3%99.2%99.3%99.1%
R&D Expenses$0$0$0$0
G&A Expenses$50,292$47,871$46,125$48,011
SG&A Expenses$50,292$47,871$46,125$48,011
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$54,099$55,345$53,236$49,795
Operating Expenses$104,391$103,216$99,361$97,806
Operating Income$189,059$221,579$165,591$117,027
% Margin60.8%67.7%62%54%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$189,059$221,579$165,591$117,027
Tax Expense$50,423$59,811$43,557$30,518
Net Income$138,636$161,768$122,034$86,509
% Margin44.6%49.4%45.7%39.9%
EPS5.26.064.543.22
% Growth-14.2%33.5%41%
EPS Diluted5.26.064.543.22
Weighted Avg Shares Out26,68526,70326,89526,855
Weighted Avg Shares Out Dil26,68626,70626,90726,870
Supplemental Information
Interest Income$268,014$284,013$221,756$173,443
Interest Expense$17,419$3,890$1,925$1,955
Depreciation & Amortization$10,404$11,774$16,565$16,617
EBITDA$199,463$233,353$182,156$133,644
% Margin64.1%71.2%68.3%61.6%