secwatch.observer — SEC 8-K summary
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Issuer:     WESTAMERICA BANCORPORATION (WABC)
CIK:        0000311094
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0001171843-26-000283
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westamerica Q4 2025 net income $27.8M, EPS $1.12; cost of funds 0.24%
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- Net income $27.8M, diluted EPS $1.12 (incl. $0.02 tax adjustment); Q3 net income $28.3M, EPS $1.12.
- Net interest income (FTE) $53.5M vs $53.8M in Q3; annualized yield 4.00%, cost of funds 0.24%.
- Nonperforming assets stable at $1.8M; allowance for credit losses $11.6M.
- Paid $0.46 dividend; retired 485K shares via repurchase; capital ratios exceed regulatory guidelines.
- Operating expenses 40% of total revenues; 46% of deposits are non-interest bearing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/311094/000117184326000283/0001171843-26-000283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/311094/000117184326000283/f8k_011526.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-000283

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