WABC Q4 2022 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$80M+47.8% YoY

Gross Profit

$79M99.4% margin

Operating Income

$54M67.9% margin

Net Income

$39M49.4% margin

EPS (Diluted)

$1.46

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$42M

Stock-Based Comp.

$292,000

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$6.3B

Stockholders' Equity

$602M

Cash & Equivalents

$294M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$54M	+47.8%
Gross Profit	$79M	$53M	+48.3%
Operating Income	$54M	$29M	+83.6%
Net Income	$39M	$22M	+81.1%

Revenue Segments

Deposit Account

$3M36%

Credit Card, Merchant Discount

$3M28%

Debit Card

$2M17%

Fiduciary and Trust

$754,0008%

ATM Processing Fees

$646,0007%

Financial Service, Other

$416,0004%

Financial Services Commission

$103,0001%