---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002511"
form_type: "8-K"
ticker: "WABC"
cik: "0000311094"
company_name: "WESTAMERICA BANCORPORATION"
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:56:36.821687+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Westamerica Q1 2026 EPS $1.13, net income $27.4M, slight sequential dip

## Summary
- 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%.

## SEC filing metadata
- accession: 0001171843-26-002511
- form_type: 8-K
- ticker: WABC
- cik: 0000311094
- company_name: WESTAMERICA BANCORPORATION
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/0001171843-26-002511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/f8k_041626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002511
- JSON: https://secwatch.observer/filing/0001171843-26-002511.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002511.txt

## Key facts
- Earnings Releases
  WESTAMERICA BANCORPORATION reported first quarter 2026 results: net income $27.4 million, EPS $1.13.
  - Period: first quarter 2026
  - Net income: $27.4 million
  - EPS: $1.13
  - Result: reported results
  source text: Westamerica Bancorporation Reports First Quarter 2026 Financial Results SAN RAFAEL, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2026 of $27.4 million and diluted earnings per common share ("EPS") of $1.13.
  evidence_url: https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/0001171843-26-002511-index.htm
- Earnings Releases
  WESTAMERICA BANCORPORATION reported fourth quarter 2025 results: net income $27.8 million, EPS $1.12.
  - Period: fourth quarter 2025
  - Net income: $27.8 million
  - EPS: $1.12
  - Result: reported results
  source text: These results compare to fourth quarter 2025 net income of $27.8 million and EPS of $1.12.
  evidence_url: https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/0001171843-26-002511-index.htm

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