Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026)
Westamerica Bancorporation's (WABC) quarterly Rent Expense came in at $5.4 million in Q1 2026, up 7.72% year-on-year from $5.0 million in Q1 2025, and little changed on a QoQ basis from $5.4 million in Q4 2025.
Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026) Analysis & Trends
Westamerica Bancorporation (WABC) has 18 years of Rent Expense data on file, last reported at $5.4 million in Q1 2026.
- On a quarterly basis, Rent Expense rose 7.72% year-over-year to $5.4 million in Q1 2026; TTM through Mar 2026 was $21.3 million, a 2.85% increase from a year earlier, with the FY2025 full-year figure at $20.9 million, up 0.96% from the prior year.
- Rent Expense for Q1 2026 stood at $5.4 million, roughly flat from $5.4 million in the prior quarter.
- Over the last five years, Rent Expense for WABC reached as high as $5.5 million in Q1 2023 and fell as low as $4.7 million in Q1 2022.
- Historically, Rent Expense has averaged $5.1 million across 5 years, with a median of $5.2 million in 2025.
- Across the five-year window, Rent Expense grew 15.57% in 2023 and decreased 8.11% in 2024, its largest moves.
- Year by year, Rent Expense stood at $5.2 million in 2022, then decreased by 4.98% to $5.0 million in 2023, then gained by 5.26% to $5.2 million in 2024, then increased by 3.97% to $5.4 million in 2025, then climbed by 0.02% to $5.4 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $5.4 million in Q1 2026, $5.4 million in Q4 2025, and $5.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Westamerica Bancorporation | 1.47 Bn | -709.78 Mn | - | 5.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.43 Mn |
| Mar 31, 2026 | 5.43 Mn |
| Dec 31, 2025 | 5.43 Mn |
| Dec 31, 2025 | 5.43 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | 5.15 Mn |
| Jun 30, 2025 | 5.15 Mn |
| Mar 31, 2025 | 5.04 Mn |
| Mar 31, 2025 | 5.04 Mn |
| Dec 31, 2024 | 5.22 Mn |
| Dec 31, 2024 | 5.22 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Jun 30, 2024 | 5.16 Mn |
| Jun 30, 2024 | 5.16 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Dec 31, 2023 | 4.96 Mn |
| Dec 31, 2023 | 4.96 Mn |