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Gross Profit for Westamerica Bancorporation (WABC)

According to Westamerica Bancorporation's latest reported financial statements, the company's current gross profit (TTM) is $254.11M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$254.11M

YoY change

-11.8%

5Y CAGR

+5.1%

Peak year (2023)

$324.80M

Cumulative gross profit

$7.50B

Gross Profit history chart for Westamerica Bancorporation (WABC) from 1985 to 2025

Gross Profit history table for Westamerica Bancorporation (WABC) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$258.70M-11.8%
2024$293.45M-9.7%
2023$324.80M+22.6%
2022$264.95M+23.3%
2021$214.83M+6.4%
2020$201.83M-1.2%
2019$204.20M+3.2%
2018$197.91M+1.9%
2017$194.31M+5.8%
2016$183.58M+0.9%
2015$181.97M-2.0%
2014$185.75M-6.5%
2013$198.74M-11.1%
2012$223.44M-10.1%
2011$248.49M-3.8%
2010$258.39M-6.1%
2009$275.24M+61.5%
2008$170.47M-23.2%
2007$221.90M-6.0%
2006$236.15M-6.6%
2005$252.79M+5.1%
2004$240.50M+1.9%
2003$235.91M+1.9%
2002$231.40M+1.8%
2001$227.22M+4.1%
2000$218.36M+1.8%
1999$214.57M+0.8%
1998$212.80M+0.4%
1997$212.00M+2.7%
1996$206.50M-0.3%
1995$207.10M+94.3%
1994$106.60M-2.2%
1993$109.00M+37.8%
1992$79.10M+11.1%
1991$71.20M+1.9%
1990$69.90M+1.7%
1989$68.70M
1988$0
1987$0
1986$0
1985$0

Gross Profit values are taken from Westamerica Bancorporation's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

The 2025 reading of Westamerica Bancorporation (WABC) gross profit is $258.70M – declined 11.8% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Westamerica Bancorporation gross profit compounded at +5.1% per year, with the latest reading among the more recent periods of the dataset.

Westamerica Bancorporation gross profit peaked at $324.80M in 2023; the latest annual figure is $258.70M in 2025 (20.4% below peak).

The highest annual gross profit of $324.80M was reported in 2023. The lowest in the available history was $0 in 1985.

Westamerica Bancorporation (WABC) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $72.83B.

Westamerica Bancorporation Gross Profit by Year

Westamerica Bancorporation Gross Profit 2025: $258.70M

Westamerica Bancorporation gross profit in 2025 was $258.70M, declined 11.8% below 2024.

Westamerica Bancorporation Gross Profit 2024: $293.45M

Westamerica Bancorporation gross profit in 2024 was $293.45M, declined 9.7% below 2023.

Westamerica Bancorporation Gross Profit 2023: $324.80M

Westamerica Bancorporation gross profit in 2023 was $324.80M, grew 22.6% from 2022. This figure represents the highest annual value in the available history.

Westamerica Bancorporation Gross Profit 2022: $264.95M

Westamerica Bancorporation gross profit in 2022 was $264.95M, grew 23.3% from 2021.

Westamerica Bancorporation Gross Profit 2021: $214.83M

Westamerica Bancorporation gross profit in 2021 was $214.83M.

See more financial history for Westamerica Bancorporation (WABC).

Sector peers — Gross Profit

Companies in the same sector as Westamerica Bancorporation, ranked by their latest gross profit.

CompanyGross ProfitSector
JPMorgan Chase & Co. (JPM)$167.61BFinancial Services
Bank of America Corporation (BAC)$107.42BFinancial Services
Berkshire Hathaway Inc. (BRK-B)$87.78BFinancial Services
Wells Fargo & Company (WFC)$80.04BFinancial Services
Morgan Stanley (MS)$65.62BFinancial Services
The Goldman Sachs Group, Inc. (GS)$59.40BFinancial Services
Visa Inc. (V)$32.15BFinancial Services
Mastercard Incorporated (MA)$27.36BFinancial Services

Frequently asked questions

What is Westamerica Bancorporation's gross profit?

Latest reported gross profit for Westamerica Bancorporation (WABC) is $254.11M (period ending March 31, 2026).

How has Westamerica Bancorporation gross profit changed year-over-year?

Westamerica Bancorporation (WABC) gross profit changed -11.8% year-over-year on the latest annual filing.

What is the long-term growth rate of Westamerica Bancorporation gross profit?

Westamerica Bancorporation (WABC) gross profit compound annual growth rate is +5.1% over the most recent 5 years available.

When did Westamerica Bancorporation gross profit hit its highest annual value?

Westamerica Bancorporation gross profit reached its highest annual value of $324.80M in 2023.

What was Westamerica Bancorporation gross profit in 2024?

Westamerica Bancorporation (WABC) gross profit in 2024 was $293.45M.

What was Westamerica Bancorporation gross profit in 2025?

Westamerica Bancorporation (WABC) gross profit in 2025 was $258.70M.

Metrics overview

Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.