WABC Q3 2022 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$73M+31.8% YoY

Gross Profit

$72M99.3% margin

Operating Income

$47M65.2% margin

Net Income

$35M47.9% margin

EPS (Diluted)

$1.29

QoQ Revenue Growth

+22.5%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$29M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.6B

Stockholders' Equity

$539M

Cash & Equivalents

$414M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$55M	+31.8%
Gross Profit	$72M	$55M	+32.1%
Operating Income	$47M	$30M	+58.4%
Net Income	$35M	$22M	+57.5%

Revenue Segments

Deposit Account

$4M37%

Credit Card, Merchant Discount

$3M29%

Debit Card

$2M16%

Fiduciary and Trust

$810,0008%

ATM Processing Fees

$594,0006%

Financial Service, Other

$463,0005%

Financial Services Commission

$79,0001%