Westamerica Bancorporation (WABC) SEC Filings & Earnings Calls
EquiReason read 16 Westamerica Bancorporation SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Disclosed a material event under other events (litigation, recall, contract loss, or major announcement); filed financial statements and exhibits with this report.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.4B
- P/E TTM
- 13.5
- Dividend yield
- 3.0%
- 52-week
- —
- Next earnings
- 13 Jan, in 81 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
15 Oct 20268-K · 2.02Westamerica Bancorporation reported Q3 2026 net income of $28.2M ($1.22 EPS), slightly down YoY but up QoQ; net interest margin expanded 4bp to 3.81%; no provision for credit losses; efficiency ratio 40.8%; dividend $0.48/share; share repurearningsopen
Figures in the filing · each found in the filing text
| Net Income · Q3-2026 | $28M | -0% y/y |
| Diluted Earnings Per Common Share · Q3-2026 | $1.22 | +9% y/y |
| Net Interest Margin (FTE) · Q3-2026 | 3.8% | |
| Efficiency Ratio (FTE) · Q3-2026 | 40.8% | |
| Return On Common Equity (annualized) · Q3-2026 | 11.5% | |
| Return On Assets (annualized) · Q3-2026 | 1.9% | |
| Dividends Paid Per Common Share · Q3-2026 | $0.48 | +4% y/y |
| Common Dividend Payout Ratio · Q3-2026 | 39.0% | |
| Net Interest and Loan Fee Income (FTE) · Q3-2026 | $54M | -1% y/y |
| Noninterest Income · Q3-2026 | $11M | +5% y/y |
Risks flagged
Net interest income slightly declined YoY (-0.6%) due to lower average earning assets from share repurchases.
“Net Interest and Loan Fee Income (FTE) $53,522 vs $53,846 YoY”
Noninterest expense increased 1.6% YoY, driven by occupancy and professional fees.
“Noninterest Expense $26,218 vs $25,800 YoY”
5 Aug 202610-QWestamerica Bancorporation reported Q2 2026 results with modest revenue decline, stable credit quality, and aggressive share repurchases.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q2-2026 | $52M | -3% y/y |
| Total deposits · 2026-06-30 | $4.77B | |
| Net income · Q2-2026 | $27M | -6% y/y |
| Diluted earnings per share · Q2-2026 | $1.17 | +5% y/y |
| Allowance for credit losses on loans · 2026-06-30 | $11M | |
| Total loans · 2026-06-30 | $669M |
Risks flagged
Unrealized losses on securities portfolio
“Gross unrealized losses on AFS securities $167,225 at June 30, 2026”
Deposit outflow risk
“Total deposits decreased 1.4% from year-end 2025”
Net interest margin compression
“Net interest income declined 3.3% YoY”
16 Jul 20268-K · 2.02Net income $27M (-6% y/y); Diluted earnings per common share $1.17 (+4% y/y); Net interest margin (FTE) 3.77earningsopen
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $27M | -6% y/y |
| Diluted earnings per common share · Q2-2026 | $1.17 | +5% y/y |
| Net interest margin (FTE) · Q2-2026 | 3.8% | |
| Return on common equity · Q2-2026 | 11.3% | |
| Efficiency ratio (FTE) · Q2-2026 | 41.3% | |
| Dividends paid per common share · Q2-2026 | $0.48 | +4% y/y |
Risks flagged
Net interest margin compression YoY may pressure future profitability.
“Net interest margin (FTE) 3.77% vs 3.85% YoY.”
8 May 202610-QNet Interest and Fee Income $52M (-6% y/y); Net Income $27M (-12% y/y); Total Loans $696Mopen
Figures in the filing · each found in the filing text
| Net Interest and Fee Income · Q1-2026 | $52M | -7% y/y |
| Net Income · Q1-2026 | $27M | -12% y/y |
| Total Loans · 2026-03-31 | $696M | |
| Total Deposits · 2026-03-31 | $4.78B | |
| Allowance for Credit Losses on Loans · 2026-03-31 | $11M | |
| Book Value Per Share · 2026-03-31 | $37.34 |
Risks flagged
Unrealized losses on securities portfolio
“Accumulated other comprehensive loss $(107,267) (Mar 2026) vs $(91,139) (Dec 2025)”
Deposit outflow risk
“Total deposits $4,783,752 (Mar 2026) vs $4,840,019 (Dec 2025)”
Loan portfolio contraction
“Loans $696,204 (Mar 2026) vs $726,482 (Dec 2025)”
16 Apr 20268-K · 2.02Net Income $27M (-12% y/y); Diluted Earnings Per Common Share $1.13 (-3% y/y); Net Interest Margin (FTE) 3.74earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q1-2026 | $27M | -12% y/y |
| Diluted Earnings Per Common Share · Q1-2026 | $1.13 | -3% y/y |
| Net Interest Margin (FTE) · Q1-2026 | 3.7% | |
| Return On Common Equity · Q1-2026 | 11.0% | |
| Nonperforming Assets · Q1-2026 | $1M |
Risks flagged
Net interest income declining YoY (-6.6%) due to lower yields; NIM compression risk
“Net Interest and Loan Fee Income (FTE) $52,690K vs $56,390K YoY” · word for word
Noninterest income declining (-6.9% YoY) driven by lower debit card fees and securities losses
“Noninterest Income $9,607K vs $10,321K YoY”
13 Mar 2026DEF 14AProxy statement for 2026 annual meeting, disclosing executive compensation structure and 2025 financial performance.open
Figures in the filing · each found in the filing text
| Net Income · FY2025 | $116M | -16% y/y |
| Return on Average Equity · FY2025 | 11.2% | |
| Diluted Earnings Per Share · FY2025 | $4.39 | |
| Efficiency Ratio · FY2025 | 39.5% | |
| Non-Performing Assets · FY2025 | $2M | |
| Total Shareholder Return (TSR) · FY2025 | $103.30 | -5% y/y |
Risks flagged
Interest rate risk from floating-rate assets reduction
“reducing floating-rate assets to reduce exposure to interest rate risk” · word for word
Credit loss cycle from net loan losses above target
“Net loan losses to average loans 0.39% (target 0.30%)” · word for word
27 Feb 202610-KTotal Assets $6.00B; Total Deposits $4.80B; Shareholders' Equity $934Mopen
Figures in the filing · each found in the filing text
| Total Assets · 2025-12-31 | $6.00B | |
| Total Deposits · 2025-12-31 | $4.80B | |
| Shareholders' Equity · 2025-12-31 | $934M | |
| Common Shares Outstanding · 2026-02-19 | 24,350,014 |
Risks flagged
Interest Rate Risk
“Changes in interest rates could reduce income and cash flow.” · word for word
Credit Risk from Real Estate Concentration
“real estate served as the principal source of collateral with respect to approximately 68% of the Company's loan portfolio.” · word for word
Geographic Concentration in California
“Substantially all of the Company's business is located in California.” · word for word
15 Jan 20268-K · 2.02Net income $28M (-12% y/y); diluted eps $1.12 (-6% y/y); net interest income ft $54M (-10% y/y)earningsopen
Figures in the filing · each found in the filing text
| net_income · Q4-2025 | $28M | -12% y/y |
| diluted_eps · Q4-2025 | $1.12 | -6% y/y |
| net_interest_income_ft · Q4-2025 | $54M | -10% y/y |
| noninterest_income · Q4-2025 | $10M | -6% y/y |
| noninterest_expense · Q4-2025 | $25M | -2% y/y |
| return_on_assets · Q4-2025 | 1.8% | |
| return_on_common_equity · Q4-2025 | 10.8% | |
| net_interest_margin · Q4-2025 | 3.8% | |
| efficiency_ratio · Q4-2025 | 40.1% | |
| dividends_paid_per_common_share · Q4-2025 | $0.46 | +5% y/y |
Risks flagged
Declining net interest income and net interest margin year-over-year
“Net interest income down 9.6% YoY, net interest margin down from 4.01% to 3.76%”
7 Nov 202510-QWestamerica Bancorporation reported Q3 2025 net income of $28.3M ($1.12 EPS), down 19.4% YoY from $35.1M ($1.31 EPS), driven by lower net interest income and noninterest income.earningsopen
Figures in the filing · each found in the filing text
| Net Interest Margin (FTE) · Q3-2025 | 3.8% | |
| Net Income · Q3-2025 | $28M | -19% y/y |
| Diluted Earnings Per Share · Q3-2025 | $1.12 | -15% y/y |
| Total Deposits · 2025-09-30 | $4.79B | -5% y/y |
| Net Interest Income (FTE) · Q3-2025 | $54M | -14% y/y |
| Return on Assets · Q3-2025 | 1.9% | |
| Return on Common Equity · Q3-2025 | 10.9% | |
| Efficiency Ratio · Q3-2025 | 40.3% | |
| Net Loan Losses to Average Loans · Q3-2025 | -1.0% | |
| Book Value Per Share · 2025-09-30 | $37.11 | +9% y/y |
Risks flagged
Net Interest Margin Compression
“Net interest margin (FTE) was 3.80% in the three months ended September 30, 2025 ... compared with 4.08% in the three months ended September 30, 2024.” · word for word
Deposit Outflow Risk
“Total deposits decreased $218.7 million in the nine months ended September 30, 2025.”
Credit Loss Normalization
“Net loan losses as a percentage of average total loans (annualized) (1.03)% ... compared with (0.30)%.” · word for word
Westamerica Bancorporation — questions
- What did Westamerica Bancorporation file recently?
- 16 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Disclosed a material event under other events (litigation, recall, contract loss, or major announcement); filed financial statements and exhibits with this report
Every figure on this page comes from Westamerica Bancorporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.