secwatch.observer — SEC 8-K summary
======================================

Issuer:     WESTAMERICA BANCORPORATION (WABC)
CIK:        0000311094
Form:       8-K
Filed at:   2026-10-15T17:27:28+00:00
Accession:  0001171843-26-006660
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Westamerica Bancorporation Q3 2026 net income $28.2M, diluted EPS $1.22
-----------------------------------------------------------------------

- Q3 2026 net income was $28.2 million and diluted EPS $1.22, versus Q2 2026 net income of $27.4 million and EPS of $1.17.
- Annualized net interest margin was 3.81%, a 4 basis point increase over Q2 2026, with cost of funding interest-earning assets at 0.26%.
- No provision for credit losses in Q3 2026; nonperforming assets were $476 thousand and the allowance for credit losses on loans was $10.5 million at September 30, 2026.
- Westamerica paid a $0.48 per common share dividend in Q3 2026 and retired 51 thousand common shares under its repurchase plan.
- Noninterest income rose to $10.7 million from $10.3 million, aided by a one-time merchant processing termination fee; noninterest expense was $26.2 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/311094/000117184326006660/0001171843-26-006660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/311094/000117184326006660/f8k_101526.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-006660

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