earnings
confidence high
sentiment neutral
materiality 0.55
Westamerica Q1 2026 EPS $1.13, net income $27.4M, slight sequential dip
WESTAMERICA BANCORPORATION
2026-Q1 EPS reported
$1.13
- Net income $27.4M, diluted EPS $1.13; Q4 2025 net income $27.8M, EPS $1.12.
- Net interest income (FTE) $52.7M vs $53.5M Q4; annualized cost of funds 0.24%.
- Reversal of provision for credit losses $300k; ACL on loans $11.2M; NPAs $1.4M at March 31.
- Noninterest income $9.6M, down from $10.0M Q4; expenses $25.9M vs $25.5M.
- Paid $0.46 dividend, retired 997k shares; annualized ROE 11.0%.