secwatch.observer — SEC 8-K summary
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Issuer:     WESTAMERICA BANCORPORATION (WABC)
CIK:        0000311094
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001171843-25-006484
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westamerica Q3 net income $28.3M, EPS $1.12 flat sequentially; low cost of funds 0.26%
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- Net income $28.3M, diluted EPS $1.12; Q2 2025 net income was $29.1M, EPS $1.12.
- Net interest income (FTE) $53.8M vs $54.6M in Q2; yield on earning assets 4.06%.
- Noninterest income $10.2M, noninterest expense $25.8M; efficiency ratio 40%.
- Paid $0.46/share dividend; repurchased 488K shares in Q3; nonperforming assets $2.6M.
- No provision for credit losses; allowance for loan losses $11.9M; capital ratios above regulatory guidelines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/311094/000117184325006484/0001171843-25-006484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/311094/000117184325006484/f8k_101625.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-006484

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer