---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006664"
form_type: "8-K"
ticker: "WABC"
cik: "0000311094"
company_name: "WESTAMERICA BANCORPORATION"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:25:42.734434+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Westamerica Q3 net income $34.8M, EPS $1.29, up 37% from Q2

## Summary
- Diluted EPS $1.29 vs $0.94 in Q2 2022, including $0.03 life insurance gain.
- Net interest income (FTE) $60.8M, up from $48.0M; loan/bond yield rose to 3.47% from 2.77%.
- Funding cost remained 0.03%; non-interest bearing deposits 47% of average deposits.
- Noninterest income $11.8M (incl. $923K life insurance gain), noninterest expense $24.8M.
- Annualized ROAE 17.1%; paid $0.42 per common share dividend in Q3.

## SEC filing metadata
- accession: 0001171843-22-006664
- form_type: 8-K
- ticker: WABC
- cik: 0000311094
- company_name: WESTAMERICA BANCORPORATION
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/311094/000117184322006664/0001171843-22-006664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/311094/000117184322006664/f8k_102022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006664
- JSON: https://secwatch.observer/filing/0001171843-22-006664.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006664.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.