Westamerica Bancorporation reports Q2 2026 net income of $27.4M, flat with Q1

Filed July 16, 2026 · Period ending July 16, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $27.4M matched Q1, while diluted EPS rose to $1.17 from $1.13 on a lower share count from buybacks; annualized return on average common equity was 11.3%.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest income (FTE) held flat at $52.7M; yield on earning assets rose 3 basis points to 4.01% while cost of funds remained 0.24%, expanding net interest margin to 3.77% from 3.74%.

  Exhibit 99.1 view on EDGAR →
• medium

  Nonperforming assets declined to $808K from $1.4M at March 31; no provision for credit losses recorded in Q2 (vs. $300K reversal in Q1); allowance for credit losses on loans fell to $10.8M (1.61% of total loans).

  Exhibit 99.1 view on EDGAR →