Westamerica Earnings Reports

Westamerica Bancorporation reported Q3 2025 net income of $28.3 million and EPS of $1.12. The bank maintained a low efficiency ratio of 40.3% and funding costs at just 0.26%. Net interest income was $53.8 million, with a net interest margin of 3.80%.

Westamerica Bancorporation reported net income of $29.1 million on $64.9 million in revenue, supported by low-cost operations and no credit loss provisions. Capital ratios remained strong, and efficiency improved compared to the prior quarter.

Westamerica Bancorporation delivered a strong Q1 2025, with EPS of $1.16 and revenue slightly beating expectations. Net income remained robust at $31 million, supported by a low funding cost and efficient operations.

Westamerica Bancorporation reported a net income of $31.7 million and EPS of $1.19 for the fourth quarter of 2024. The results reflect the benefit of a low-cost deposit base and well-controlled operating expenses. The company's annualized return on average common equity was 12.1 percent.

Westamerica Bancorporation reported a net income of $35.1 million and EPS of $1.31 for Q3 2024. The results benefited from a low-cost deposit base and well-controlled operating expenses. Nonperforming assets remained stable, and no provision for credit losses was recognized.

Westamerica Bancorporation reported a net income of $35.5 million and EPS of $1.33 for Q2 2024. The company's low-cost operating principles and no provision for credit losses contributed to the results. The annualized return on average common equity was 14.4 percent.

Westamerica Bancorporation reported a net income of $36.4 million and EPS of $1.37 for Q1 2024. The company benefited from a low-cost deposit base and maintained well-controlled operating expenses.

Westamerica Bancorporation reported a net income of $39.5 million and EPS of $1.48 for Q4 2023. The results were influenced by a low-cost deposit base and well-controlled operating expenses.

Westamerica Bancorporation reported net income of $41.6 million and EPS of $1.56 for Q3 2023. Results benefited from a low-cost deposit base and well-controlled operating expenses. The company's customer deposits and shareholders’ equity fully funded interest earning assets.

Westamerica Bancorporation reported strong second quarter results, with net income reaching $40.2 million and EPS at $1.51, marking the highest second quarter performance in the company's history. The company benefited from a low-cost deposit base and higher yields on variable-rate assets, while maintaining controlled operating expenses and stable credit quality.

Westamerica Bancorporation reported a net income of $40.5 million and EPS of $1.51 for Q1 2023. The company benefited from a low-cost deposit base and higher yields on variable-rate assets. Credit quality remained stable.

Westamerica Bancorporation reported a net income of $39.3 million and EPS of $1.46 for Q4 2022. The company benefited from a low-cost deposit base and higher yields on variable-rate assets. Credit quality remained solid.

Westamerica Bancorporation reported a net income of $34.8 million and EPS of $1.29 for Q3 2022. The company's results benefited from variable-rate bonds, cash, and loans, along with a valuable deposit base.

Westamerica Bancorporation reported a net income of $25.3 million and EPS of $0.94 for Q2 2022. The results benefited from variable-rate bonds, cash, and loans, a valuable deposit base, and well-controlled operating expenses.

Westamerica Bancorporation reported a net income of $22.6 million and EPS of $0.84 for the first quarter of 2022. The company's performance reflects a strong return on average common equity and well-managed operating expenses.

Westamerica Bancorporation reported a net income of $21.7 million and diluted EPS of $0.81 for Q4 2021. The company's operating expenses were well-managed, with checking and savings deposits representing a significant portion of the deposit base. Credit quality remained solid with low nonperforming loans.

Westamerica Bancorporation reported a net income of $22.1 million and diluted EPS of $0.82 for Q3 2021. The results include 'make-whole' interest income, which increased EPS by $0.02. The company's deposit base generated a low cost of funding, and operating expenses were well-managed.

Westamerica Bancorporation reported a net income of $22.6 million and EPS of $0.84 for Q2 2021. The results include make-whole interest income which increased EPS by $0.04. The company saw growth in average total deposits and managed to reduce operating expenses.

Westamerica Bancorporation reported a net income of $20.1 million and diluted earnings per share of $0.75 for the first quarter of 2021. The results include 'make-whole' interest income, which increased EPS by $0.02. The company originated $91 million in loans under the second round of the Paycheck Protection Program.

Westamerica Bancorporation reported a net income of $23.8 million and EPS of $0.89 for the fourth quarter of 2020. The results include a gain on the sale of a closed branch building, make-whole interest income on corporate bonds redeemed prior to maturity, and a customary adjustment to the tax provision. Credit quality remained stable with nonperforming loans of $4.8 million.

Westamerica Bancorporation reported a net income of $20.1 million and EPS of $0.74 for the third quarter of 2020. The results reflect a focus on customer service during the pandemic and were influenced by lower market interest rates and improvements in non-interest revenues.

Westamerica Bancorporation reported a net income of $19.6 million and EPS of $0.72 for the second quarter of 2020. The company funded $249 million in Paycheck Protection Program loans and experienced a rise in net interest income to $42.1 million. Credit quality remained stable with nonperforming assets of $4.6 million.

Westamerica Bancorporation reported a net income of $17.0 million and diluted earnings per common share of $0.63 for the first quarter of 2020. The results include a $4.3 million provision for credit losses due to increased credit-risk from deteriorating economic conditions caused by the Covid-19 pandemic.

Westamerica Bancorporation reported a net income of $20.7 million and EPS of $0.77 for Q4 2019, compared to a net income of $19.1 million and EPS of $0.71 for Q4 2018. The annualized net interest margin was 3.08 percent, and operating expense represented 46 percent of revenues.