Westamerica net income falls 5.8% to $27.4M as margin compresses and buybacks accelerate

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income declined 5.8% to $27.4 million, while diluted EPS rose 4.5% to $1.17 due to fewer shares outstanding.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Share repurchases accelerated to $93 million in the first half of 2026, retiring 2 million shares, up from $57 million a year earlier.

  MD&A: Share repurchase activity verify on EDGAR →
• high

  Shareholders' equity fell to $853 million from $922 million, and the equity-to-assets ratio dropped to 14.70% from 15.82%.

  MD&A: Capital ratios verify on EDGAR →