Westamerica Bancorporation reports Q3 net income of $28.3 million
Westamerica Bancorporation reported net income of $28.3 million, or $1.12 per diluted share, for the three months ended September 30, 2025, compared to $35.1 million, or $1.31 per diluted share, for the same period in 2024. Net interest and loan fee income (on a fully taxable equivalent basis) was $53.8 million for the third quarter of 2025, down from $62.5 million in the third quarter of 2024. For the nine months ended September 30, 2025, net income was $88.4 million, or $3.40 per diluted share, compared to $106.9 million for the same period in 2024. Dividends paid to shareholders totaled $35 million for the nine months ended September 30, 2025. The company recorded a $550 thousand reversal of provision for credit losses and a $208 thousand gain from bank owned life insurance during the same period. The Parent Company had no debt at September 30, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westamerica Bancorporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-007134), on November 07, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.