Westamerica Bancorporation (WABC) Tax Rate (2009 - 2026)
Westamerica Bancorporation (WABC) reported Tax Rate of 25.0% for Q1 2026, down 82.0% year-over-year from 138.86% in Q1 2025, and up 34.97% quarter-over-quarter from 18.52% in Q4 2025.
Westamerica Bancorporation (WABC) Tax Rate (2009 - 2026) Analysis & Trends
Westamerica Bancorporation (WABC) has 18 years of Tax Rate data on file, last reported at 25.0% in Q1 2026.
- Tax Rate for Q1 2026 came in at 25.0%, down 82.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.66% (up 63657.0% YoY), and the FY2025 annual result was 23.92%, changed N/A from the prior year.
- Tax Rate climbed to 25.0% in Q1 2026 per WABC's latest filing, from 18.52% in the prior quarter.
- Over five years, Tax Rate peaked at 28.04% in Q4 2023 and troughed at 7.17% in Q4 2024.
- A 5-year average of 23.74% and a median of 25.98% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 3521 bps in 2024, then jumped 2569 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 25.98% in 2022, then rose by 8 bps to 28.04% in 2023, then slumped by 126 bps to 7.17% in 2024, then jumped by 358 bps to 18.52% in 2025, then surged by 35 bps to 25.0% in 2026.
- Business Quant data shows WABC's Tax Rate at 25.0% in Q1 2026, 18.52% in Q4 2025, and 25.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Westamerica Bancorporation | 1.41 Bn | 1.41 Bn | - | 25.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.00% |
| Mar 31, 2026 | 25.00% |
| Dec 31, 2025 | 18.52% |
| Dec 31, 2025 | 18.52% |
| Sep 30, 2025 | 25.51% |
| Sep 30, 2025 | 25.51% |
| Jun 30, 2025 | 25.59% |
| Jun 30, 2025 | 25.59% |
| Mar 31, 2025 | 25.82% |
| Mar 31, 2025 | 25.82% |
| Dec 31, 2024 | -7.17% |
| Dec 31, 2024 | -7.17% |
| Sep 30, 2024 | 26.61% |
| Sep 30, 2024 | 26.61% |
| Jun 30, 2024 | 26.33% |
| Jun 30, 2024 | 26.33% |
| Mar 31, 2024 | 26.35% |
| Mar 31, 2024 | 26.35% |
| Dec 31, 2023 | 28.04% |
| Dec 31, 2023 | 28.04% |