Earnings ·
Westamerica reports Q3 net income of $28.2M, or diluted EPS of $1.22
WABCWestamerica Bancorporation
Westamerica Bancorporation reported third-quarter 2026 net income of $28.2 million, representing diluted earnings per share of $1.22. This compares to second-quarter results of $27.4 million in net income and $1.17 in diluted EPS. The company achieved an annualized return on average common equity of 11.5 percent and a net interest margin of 3.81 percent. Noninterest income rose to $10.7 million, driven by higher merchant processing fees including a one-time termination fee. Westamerica Bancorporation operates commercial banking and trust offices throughout Northern and Central California.