Westamerica Ban
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Westamerica Ban's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $284,013,000. The net income raised on $161,768,000 and profit margin reached 57%. Total operating expenses were $82,640,000.
Profit Margin
| 2014 | 188.55M | 60.64M | 32.16% |
|---|---|---|---|
| 2015 | 181.97M | 58.75M | 32.29% |
| 2016 | 178.50M | 58.85M | 32.97% |
| 2017 | 187.93M | 50.02M | 26.62% |
| 2018 | 197.91M | 71.56M | 36.16% |
| 2019 | 204.20M | 80.38M | 39.37% |
| 2020 | 206.13M | 80.41M | 39.01% |
| 2021 | 214.83M | 86.50M | 40.27% |
| 2022 | 264.95M | 122.03M | 46.06% |
| 2023 | 284.01M | 161.76M | 56.96% |
WABC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 284.01M | 264.95M | 214.83M | 206.13M | 204.20M | 197.91M | 187.93M | 178.50M | 181.97M | 188.55M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 284.01M | 264.95M | 214.83M | 206.13M | 204.20M | 197.91M | 187.93M | 178.50M | 181.97M | 188.55M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 82.64M | 2.62M | -97.80M | -99.33M | -98.98M | -104.95M | 2.16M | 3.98M | 2.49M | 2.34M |
Operating income | 221.57M | 167.51M | 117.02M | 106.80M | 105.21M | 92.95M | 112.07M | 98.50M | 91.64M | 93.62M |
Other income (expenses), net | 0 | -1.92M | 115.25M | -14.33M | 105.21M | -1.95M | -23.26M | -18.55M | -20.45M | -19.47M |
Income before tax | 221.57M | 165.59M | 117.02M | 106.80M | 105.21M | 90.99M | 87.17M | 79.95M | 76.67M | 78.95M |
Income tax expense | 59.81M | 43.55M | 30.51M | 26.39M | 24.82M | 19.43M | 37.14M | 21.10M | 17.91M | 18.30M |
Net income | 161.76M | 122.03M | 86.50M | 80.41M | 80.38M | 71.56M | 50.02M | 58.85M | 58.75M | 60.64M |
Earnings per share | ||||||||||
Basic EPS | 6.06 | 4.54 | 3.22 | 2.98 | 2.98 | 2.69 | 1.9 | 2.3 | 2.3 | 2.32 |
Diluted EPS | 6.06 | 4.54 | 3.22 | 2.98 | 2.98 | 2.67 | 1.89 | 2.29 | 2.3 | 2.32 |
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