The historical rank and industry rank for Westamerica Bancorp's Pretax Margin % or its related term are showing as below:
WABC'
s Pretax Margin % Range Over the Past 10 Years
Min: 41.87 Med: 48.76 Max: 68.46
Current: 67.54
WABC's Pretax Margin % is ranked better than 96.17% of 1461
companies
in the Banks industry
Industry Median: 32.81
vs WABC: 67.54
Westamerica Bancorp Pretax Margin % Historical Data
The historical data trend for Westamerica Bancorp's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Westamerica Bancorp's Pretax Margin %
For the Banks - Regional subindustry, Westamerica Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Westamerica Bancorp's Pretax Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Westamerica Bancorp's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Westamerica Bancorp's Pretax Margin % falls into.
Westamerica Bancorp Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Westamerica Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Westamerica Bancorp Pretax Margin % Related Terms
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Westamerica Bancorp (Westamerica Bancorp) Business Description
Westamerica Bancorp is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has approximately $7.5 billion in assets. The bank's net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.
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