WESTAMERICA BANCORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $258.1M | $293.8M | $323.6M | $265.0M | $214.8M | $209.7M | $204.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $156.7M | $189.1M | $225.5M | $167.5M | $119.0M | $108.6M | $107.1M |
| Operating Margin | — | 60.7% | 64.4% | 69.7% | 63.2% | 55.4% | 51.8% | 52.5% |
| Interest Expense | — | — | — | $3.9M | $1.9M | $2.0M | $1.8M | $1.9M |
| Pretax Income | — | $156.7M | $189.1M | $221.6M | $165.6M | $117.0M | $106.8M | $105.2M |
| Income Tax Expense | — | $40.5M | $50.4M | $59.8M | $43.6M | $30.5M | $26.4M | $24.8M |
| Net Income | — | $116.2M | $138.6M | $161.8M | $122.0M | $86.5M | $80.4M | $80.4M |
| Net Margin | — | 45.0% | 47.2% | 50.0% | 46.1% | 40.3% | 38.4% | 39.4% |
| EPS (Basic) | — | $4.52 | $5.20 | $6.06 | $4.54 | $3.22 | $2.98 | $2.98 |
| EPS (Diluted) | — | $4.52 | $5.20 | $6.06 | $4.54 | $3.22 | $2.98 | $2.98 |
| Shares Outstanding (Basic) | 24.4M | 25.7M | 26.7M | 26.7M | 26.9M | 26.9M | 26.9M | 27.0M |
| Shares Outstanding (Diluted) | 24.4M | 25.7M | 26.7M | 26.7M | 26.9M | 26.9M | 27.0M | 27.0M |
| Dividends Per Share | — | $1.82 | $1.76 | $1.72 | $1.68 | $1.65 | $1.64 | $1.63 |