Westamerica Bancorp
westamerica.comWhat Do They Do?
Provides banking services to individuals and commercial customers, including small businesses, in Northern and Central California.
10-K for FY2025, filed Feb 27, 2026Westamerica Bancorporation is a bank holding company registered under the Bank Holding Company Act of 1956, as amended (“BHCA”). Its legal…View ↗
How Do They Make Money?
Earns interest on loans and investment securities, less interest paid on deposits, and collects deposit, card-processing, debit and ATM, and trust fees as services are delivered, transactions occur, or fees cover a service period.
10-K for FY2025, filed Feb 27, 2026The Company’s income and cash flow depend to a great extent on the difference between the interest earned on loans and investment…View ↗
Service Charges include fees received on deposit accounts under depository agreements with customers to provide access to deposited funds…View ↗
Merchant Processing Services revenue consists primarily of merchant discount and other transaction and account management fees charged to…View ↗
Debit Card and ATM Processing fees includes interchange from debit and ATM cards through card association networks, annual fees and other…View ↗
Trust Fees are recognized over the period in which services are performed and are based on a percentage of the fair value of the assets…View ↗
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10-K for FY2025, filed Feb 27, 2026
FY2025 revenue by product or service (Noninterest income revenue) ↗
$231M
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10-K for FY2025, filed Feb 27, 2026
$231M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Deposit Account
Usage-based
10-K for FY2025, filed Feb 27, 2026 |
35%
FY2022: 35%
|
Deposit Account, FY2025
$13.3M Sources
|
Usage-based |
|
Credit Card, Merchant Discount
|
29%
FY2022: 28%
|
Credit Card, Merchant Discount, FY2025
$11M Sources
|
|
|
Debit Card
|
17%
FY2022: 19%
|
Debit Card, FY2025
$6.3M Sources
|
|
|
Fiduciary and Trust
|
9.5%
FY2022: 7.8%
|
Fiduciary and Trust, FY2025
$3.6M Sources
|
|
|
ATM Processing Fees
|
5.0%
FY2022: 5.3%
|
ATM Processing Fees, FY2025
$1.9M Sources
|
|
|
Financial Service, Other
|
4.6%
FY2022: 4.4%
|
Financial Service, Other, FY2025
$1.8M Sources
|
Who Are Their Customers?
Serves individual and commercial customers in Northern and Central California through Westamerica Bank, with a strategic focus on small businesses.
10-K for FY2025, filed Feb 27, 2026Westamerica Bancorporation is a bank holding company registered under the Bank Holding Company Act of 1956, as amended (“BHCA”). Its legal…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 50 cents of every revenue dollar as net income in FY2025 and turned 52 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 5, 2026
Open tableView ↗
Growing. Revenue grew 33% in 4 years, from $173.4M in FY2021 to $231M in FY2025, about 7% a year.
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