WABC Q2 2022 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$59M+7.1% YoY

Gross Profit

$59M99.2% margin

Operating Income

$34M57.6% margin

Net Income

$25M42.7% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.6B

Stockholders' Equity

$617M

Cash & Equivalents

$753M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$55M	+7.1%
Gross Profit	$59M	$55M	+7.2%
Operating Income	$34M	$31M	+11.8%
Net Income	$25M	$23M	+12.1%

Revenue Segments

Deposit Account

$4M35%

Credit Card, Merchant Discount

$3M32%

Debit Card

$2M16%

Fiduciary and Trust

$809,0008%

Financial Service, Other

$480,0005%

ATM Processing Fees

$469,0004%

Financial Services Commission

$118,0001%