Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026)
Westamerica Bancorporation's (WABC) quarterly Rent Expense came in at $5.2 million in Q2 2026, up 1.07% year-over-year from $5.2 million in Q2 2025, and down 4.02% quarter-over-quarter from $5.4 million in Q1 2026.
Analysis
Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026) Analysis & Trends
Westamerica Bancorporation (WABC) has reported Rent Expense for 18 consecutive years, with $5.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 1.07% year-over-year to $5.2 million in Q2 2026; TTM through Jun 2026 was $21.3 million, a 3.14% increase from a year earlier, with the FY2025 full-year figure at $20.9 million, up 0.96% from the prior year.
- Rent Expense was $5.2 million for Q2 2026 at Westamerica Bancorporation, down from $5.4 million in the prior quarter.
- Over five years, Rent Expense peaked at $5.5 million in Q1 2023 and troughed at $4.7 million in Q1 2022.
- A 5-year average of $5.1 million and a median of $5.2 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense increased 15.57% in 2023 and slipped 8.11% in 2024, its largest moves.
- Over 5 years, Rent Expense stood at $5.2 million in 2022, then dropped by 4.98% to $5.0 million in 2023, then climbed by 5.26% to $5.2 million in 2024, then gained by 3.97% to $5.4 million in 2025, then retreated by 4.0% to $5.2 million in 2026.
- The last three Rent Expense figures came in at $5.2 million (Q2 2026), $5.4 million (Q1 2026), and $5.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | Westamerica Bancorporation | 1.38 Bn | -757.17 Mn | - | 5.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.21 Mn |
| Mar 31, 2026 | 5.43 Mn |
| Dec 31, 2025 | 5.43 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | 5.15 Mn |
| Mar 31, 2025 | 5.04 Mn |
| Dec 31, 2024 | 5.22 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Jun 30, 2024 | 5.16 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Dec 31, 2023 | 4.96 Mn |
| Sep 30, 2023 | 5.07 Mn |
| Jun 30, 2023 | 5.01 Mn |
| Mar 31, 2023 | 5.49 Mn |
| Dec 31, 2022 | 5.22 Mn |
| Sep 30, 2022 | 5.06 Mn |
| Jun 30, 2022 | 4.86 Mn |
| Mar 31, 2022 | 4.75 Mn |
| Dec 31, 2021 | 4.69 Mn |
| Sep 30, 2021 | 4.76 Mn |