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Jun 30
Westamerica Q2 2025 Earnings Report
Westamerica posted solid Q2 2025 results with strong profitability despite lower revenue.
Key Takeaways
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.
Net income reached $29.1 million with EPS of $1.12.
No provision for credit losses was recorded in the quarter.
Return on average common equity stood at 11.2%.
The company repurchased 773,000 shares and paid a $0.46 dividend.
Westamerica
Westamerica
Westamerica Revenue by Segment
Westamerica Revenue by Geographic Location
Revenue by Segment
Net Interest Income Revenue
CapyFin.comNon-Interest Income Revenue
CapyFin.comRevenue by Geographic Location
U.S. Operations Revenue
CapyFin.com Forward Guidance
Management emphasized efficient operations, strong capital ratios, and stable credit quality going forward.
Positive Outlook
- Strong capital ratios exceeding regulatory guidelines.
- Continued share repurchases and dividend payments.
- Low-cost funding expected to persist.
- Stable credit quality with minimal nonperforming assets.
- Efficient operations with a low expense ratio.
Challenges Ahead
- Revenue declined year-over-year due to lower interest income.
- Net interest margin decreased compared to last year.
- Return on equity lower than prior year levels.
- Nonperforming loans increased significantly year-over-year.
- Market conditions may pressure loan growth.