WABC Q3 2024 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$80M-5.2% YoY

Gross Profit

$74M92.9% margin

Operating Income

$48M59.9% margin

Net Income

$35M44.0% margin

EPS (Diluted)

$1.31

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$40M

Stock-Based Comp.

$371,000

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$5.3B

Stockholders' Equity

$909M

Cash & Equivalents

$503M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$84M	-5.2%
Gross Profit	$74M	$83M	-10.3%
Operating Income	$48M	$57M	-16.1%
Net Income	$35M	$42M	-15.7%

Revenue Segments

Deposit Account

$4M37%

Credit Card, Merchant Discount

$2M26%

Debit Card

$2M18%

Fiduciary and Trust

$846,0009%

ATM Processing Fees

$533,0006%

Financial Service, Other

$454,0005%