Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026)
Westamerica Bancorporation (WABC) posted quarterly Rent Expense of $5.4 million for Q1 2026, up 7.72% year-over-year from $5.0 million in Q1 2025, and little changed quarter-over-quarter from $5.4 million in Q4 2025.
Westamerica Bancorporation (WABC) Rent Expense (2009 - 2026) Analysis & Trends
Westamerica Bancorporation (WABC) has reported Rent Expense for 18 consecutive years, with $5.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 7.72% year-over-year to $5.4 million; the TTM figure through Mar 2026 stood at $21.3 million (up 2.85% YoY), while the FY2025 annual figure was $20.9 million, up 0.96% from the prior year.
- Rent Expense was little changed at $5.4 million in Q1 2026 per WABC's latest filing, from $5.4 million in the prior quarter.
- Across five years, Rent Expense topped out at $5.5 million in Q1 2023 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Rent Expense rose 15.57% — and 2024, when it dropped 8.11%.
- Westamerica Bancorporation's Rent Expense stood at $5.2 million in 2022, then fell by 4.98% to $5.0 million in 2023, then increased by 5.26% to $5.2 million in 2024, then climbed by 3.97% to $5.4 million in 2025, then gained by 0.02% to $5.4 million in 2026.
- Business Quant data shows WABC's Rent Expense at $5.4 million in Q1 2026, $5.4 million in Q4 2025, and $5.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Westamerica Bancorporation | 1.36 Bn | -771.62 Mn | - | 5.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.21 Mn |
| Jun 30, 2026 | 5.21 Mn |
| 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 |