WABC Q1 2022 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$55M+5.4% YoY

Gross Profit

$55M99.1% margin

Operating Income

$30M54.2% margin

Net Income

$23M40.9% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$32M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$6.6B

Stockholders' Equity

$702M

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$53M	+5.4%
Gross Profit	$55M	$52M	+5.4%
Operating Income	$30M	$27M	+10.5%
Net Income	$23M	$20M	+12.3%

Revenue Segments

Deposit Account

$4M33%

Debit Card

$3M26%

Credit Card, Merchant Discount

$3M24%

Fiduciary and Trust

$843,0008%

ATM Processing Fees

$451,0004%

Financial Service, Other

$449,0004%

Financial Services Commission

$117,0001%