secwatch.observer — SEC 8-K summary
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Issuer:     WESTAMERICA BANCORPORATION (WABC)
CIK:        0000311094
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001171843-26-002511
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westamerica Q1 2026 EPS $1.13, net income $27.4M, slight sequential dip
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/0001171843-26-002511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/311094/000117184326002511/f8k_041626.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-002511

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