Westamerica Bancorporation (WABC) Non Operating Interest Expenses (2009 - 2024)
Westamerica Bancorporation's (WABC) quarterly Non Operating Interest Expenses came in at $3.0 million in Q1 2024, up 537.15% year-over-year from $471000.0 in Q2 2023, and up 78.74% quarter-over-quarter from $1.7 million in Q4 2023.
Analysis
Westamerica Bancorporation (WABC) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Westamerica Bancorporation (WABC) has reported Non Operating Interest Expenses for 16 consecutive years, with $3.0 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 537.15% year-over-year to $3.0 million in Q1 2024; TTM through Mar 2024 was $6.4 million, a 235.07% increase from a year earlier, with the FY2023 full-year figure at $3.9 million, up 102.08% from the prior year.
- Non Operating Interest Expenses was $3.0 million for Q1 2024 at Westamerica Bancorporation, up from $1.7 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $3.0 million in Q1 2024 and troughed at $435000.0 in Q2 2020.
- A 5-year average of $740882.4 and a median of $483000.0 in 2022 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses decreased 10.68% in 2020 and jumped 537.15% in 2024, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $481000.0 in 2020, then increased by 4.78% to $504000.0 in 2021, then declined by 5.75% to $475000.0 in 2022, then jumped by 253.47% to $1.7 million in 2023, then soared by 78.74% to $3.0 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $3.0 million (Q1 2024), $1.7 million (Q4 2023), and $1.1 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | - |
| 10 | Westamerica Bancorporation | 1.38 Bn | -757.17 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 1.68 Mn |
| Sep 30, 2023 | 1.13 Mn |
| Jun 30, 2023 | 607,000.00 |
| Mar 31, 2023 | 471,000.00 |
| Dec 31, 2022 | 475,000.00 |
| Sep 30, 2022 | 487,000.00 |
| Jun 30, 2022 | 483,000.00 |
| Mar 31, 2022 | 480,000.00 |
| Dec 31, 2021 | 504,000.00 |
| Sep 30, 2021 | 492,000.00 |
| Jun 30, 2021 | 484,000.00 |
| Mar 31, 2021 | 475,000.00 |
| Dec 31, 2020 | 481,000.00 |
| Sep 30, 2020 | 466,000.00 |
| Jun 30, 2020 | 435,000.00 |
| Mar 31, 2020 | 442,000.00 |
| Dec 31, 2019 | 451,000.00 |
| Sep 30, 2019 | 455,000.00 |
| Jun 30, 2019 | 487,000.00 |