Westamerica Bancorporation (WABC) Research & Development (2009 - 2026)
Westamerica Bancorporation's (WABC) quarterly Research & Development came in at $2.8 million in Q2 2026, up 2.66% year-over-year from $2.7 million in Q2 2025, and little changed quarter-over-quarter from $2.8 million in Q1 2026.
Analysis
Westamerica Bancorporation (WABC) Research & Development (2009 - 2026) Analysis & Trends
Westamerica Bancorporation (WABC) has reported Research & Development for 18 consecutive years, with $2.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 2.66% year-over-year to $2.8 million in Q2 2026; TTM through Jun 2026 was $11.0 million, a 3.41% increase from a year earlier, with the FY2025 full-year figure at $10.8 million, up 5.43% from the prior year.
- Research & Development was $2.8 million for Q2 2026 at Westamerica Bancorporation, roughly flat from $2.8 million in the prior quarter.
- Over five years, Research & Development peaked at $2.8 million in Q1 2026 and troughed at $2.4 million in Q4 2022.
- A 5-year average of $2.6 million and a median of $2.5 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development retreated 0.08% in 2022 and increased 7.89% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $2.4 million in 2022, then gained by 2.13% to $2.4 million in 2023, then advanced by 6.92% to $2.6 million in 2024, then increased by 3.49% to $2.7 million in 2025, then rose by 2.96% to $2.8 million in 2026.
- The last three Research & Development figures came in at $2.8 million (Q2 2026), $2.8 million (Q1 2026), and $2.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 326.00 Mn |
| 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 | - | 108.00 Mn |
| 10 | Westamerica Bancorporation | 1.38 Bn | -757.17 Mn | - | 2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.78 Mn |
| Mar 31, 2026 | 2.79 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 2.72 Mn |
| Jun 30, 2025 | 2.71 Mn |
| Mar 31, 2025 | 2.70 Mn |
| Dec 31, 2024 | 2.61 Mn |
| Sep 30, 2024 | 2.61 Mn |
| Jun 30, 2024 | 2.51 Mn |
| Mar 31, 2024 | 2.54 Mn |
| Dec 31, 2023 | 2.44 Mn |
| Sep 30, 2023 | 2.47 Mn |
| Jun 30, 2023 | 2.49 Mn |
| Mar 31, 2023 | 2.44 Mn |
| Dec 31, 2022 | 2.39 Mn |
| Sep 30, 2022 | 2.43 Mn |
| Jun 30, 2022 | 2.42 Mn |
| Mar 31, 2022 | 2.44 Mn |
| Dec 31, 2021 | 2.36 Mn |
| Sep 30, 2021 | 2.43 Mn |