Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Westamerica Bank (WABC)

Westamerica Q1 2025 net income falls 14.8% to $31.0 million; EPS $1.16

Negative Impact 3 of 5 earnings Written later

Westamerica Bancorporation reported first quarter 2025 net income of $31.0 million and diluted earnings per share of $1.16, down from $36.4 million and $1.37 a year earlier, and slightly below the $31.7 million and $1.19 of the fourth quarter 2024. Net interest income fell 14.7% year over year, and a $550 thousand reversal of credit loss provision added $0.01 to EPS, so the lower earnings reflect weaker core interest income.

Key points

  • Net income $31.0 million versus $36.4 million in Q1 2024 (down 14.8%); diluted EPS $1.16 versus $1.37 (down 15.3%).
  • Net interest income (FTE) $56.4 million versus $66.1 million in Q1 2024 (down 14.7%).
  • A $550 thousand reversal of provision for credit losses added $0.01 to EPS.
  • Dividend of $0.44 per common share paid in the quarter, unchanged from a year earlier; return on common equity 11.9%.

The filing

CompanyWestamerica Bank (WABC)
Form8-K, current report
Filed with the SECApr 17, 2025, 2:02 PM ET
Accession number0001171843-25-002298

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.