Westamerica Q3 net income falls 19% to $28.3 million; EPS $1.12 vs $1.31
Westamerica Bancorporation reported third quarter 2025 net income of $28.3 million and diluted EPS of $1.12, down from $35.1 million and $1.31 a year earlier, though flat on EPS and little changed on net income from the second quarter's $29.1 million. Net interest income fell 13.8% year over year to $53.8 million, and the company recorded no provision for credit losses, while it paid a $0.46 dividend and retired 488 thousand shares.
Key points
- Third quarter 2025 net income was $28.3 million, down 19.4% from $35.1 million in the third quarter of 2024.
- Diluted EPS was $1.12, compared with $1.31 a year earlier and $1.12 in the second quarter of 2025.
- Net interest income on an FTE basis was $53.8 million, down from $62.5 million a year earlier.
- For the nine months ended September 30, 2025, net income was $88.4 million, down 17.4% from $106.9 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits 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 October 16, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.