---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005682"
form_type: "8-K"
ticker: "WABC"
cik: "0000311094"
company_name: "WESTAMERICA BANCORPORATION"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:28:19.138235+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Westamerica Q3 EPS $1.31, net income $35.1M; stable credit and low funding costs

## Summary
- Net income $35.1M, diluted EPS $1.31 (incl. $0.04 gains from life insurance/asset sales); Q2 net income $35.5M, EPS $1.33.
- Net interest income (FTE) $62.5M; yield on earning assets 4.45%, funding cost 0.37% annualized.
- No provision for credit losses; nonperforming assets stable at $0.9M; allowance for credit losses $15.3M.
- Noninterest income $11.9M (incl. $1.6M gains), noninterest expense $26.3M; efficiency ratio 35%.
- Annualized return on average common equity 13.7%; quarterly cash dividend $0.44 per share paid.

## SEC filing metadata
- accession: 0001171843-24-005682
- form_type: 8-K
- ticker: WABC
- cik: 0000311094
- company_name: WESTAMERICA BANCORPORATION
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/311094/000117184324005682/0001171843-24-005682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/311094/000117184324005682/f8k_101724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005682
- JSON: https://secwatch.observer/filing/0001171843-24-005682.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005682.txt

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