WABC Q4 2023 Earnings — Westamerica Bancorporation Revenue & Financial Results | Market Cap Arena

WABCWestamerica Bancorporation

$1B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$82M+3.0% YoY

Gross Profit

$80M98.0% margin

Operating Income

$55M66.9% margin

Net Income

$39M48.1% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.6B

Stockholders' Equity

$773M

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$80M	+3.0%
Gross Profit	$80M	$79M	+1.5%
Operating Income	$55M	$54M	+1.4%
Net Income	$39M	$39M	+0.3%

Revenue Segments

Deposit Account

$4M34%

Credit Card, Merchant Discount

$3M28%

Debit Card

$2M20%

Fiduciary and Trust

$764,0007%

ATM Processing Fees

$622,0006%

Financial Service, Other

$445,0004%

Financial Services Commission

$66,0001%