How does Westamerica Bancorporation (WABC) make money?

Westamerica Bancorporation (WABC) generates revenue primarily from Deposit Account, which accounted for 35.3% of total revenue in TTM through Q1 2026. The company reported $267.41M in revenue and converted 42.1% of it into net profit, equivalent to roughly $112.49M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Westamerica Bancorporation (WABC)?

Westamerica Bancorporation (WABC) reported a gross profit margin of 95% in TTM through Q1 2026, equivalent to $254.11M in gross profit on $267.41M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Westamerica Bancorporation (WABC)?

Westamerica Bancorporation (WABC) reported an operating profit margin of 56.6% in TTM through Q1 2026, equivalent to $151.32M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Westamerica Bancorporation (WABC)?

Westamerica Bancorporation (WABC) reported a net profit margin of 42.1% in TTM through Q1 2026, equivalent to $112.49M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Westamerica Bancorporation (WABC) profitable?

Yes. Westamerica Bancorporation (WABC) reported $112.49M in net income for TTM through Q1 2026, with a net profit margin of 42.1%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Westamerica Bancorporation (WABC) spend on capital expenditures?

Westamerica Bancorporation (WABC) spent $3.57M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.3% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Westamerica Bancorporation (WABC) generate?

Westamerica Bancorporation (WABC) generated $115.67M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 43.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Westamerica Bancorporation (WABC)?

Westamerica Bancorporation (WABC) had an effective tax rate of 25.7% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Westamerica Bancorporation (WABC)?

Westamerica Bancorporation (WABC) reports revenue across 6 reportable product segments, led by Deposit Account at 35.3% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Westamerica Bancorporation Makes Money: 2026 Visual Revenue Map

Westamerica Bancorporation (WABC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 8, 2026).

Westamerica Bancorporation discloses geographic revenue only in annual filings. to view the full breakdown.

Westamerica Bancorporation (WABC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Westamerica Bancorporation (WABC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Deposit Account	$94.51M	35.3%
Credit Card, Merchant Discount	$78.07M	29.2%
Debit Card	$43.31M	16.2%
Fiduciary and Trust	$25.69M	9.6%
ATM Processing Fees	$13.51M	5.1%
Financial Service, Other	$12.32M	4.6%
Total	$267.41M	100%

Deposit Account$94.51M
Credit Card, Merchant Discount$78.07M
Debit Card$43.31M
Fiduciary and Trust$25.69M
ATM Processing Fees$13.51M
Financial Service, Other$12.32M
Total$267.41M

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Westamerica Bancorporation (WABC) reports revenue across 6 operating segments; the largest segment was Deposit Account at 35.3%, followed by Credit Card, Merchant Discount (29.2%) and Debit Card (16.2%).

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