---
title: "Westamerica Bancorp's Q3 net income falls 19.4%"
description: "Westamerica Bancorp reported a 19.4% decline in Q3 net income, falling to $28.3 million from $29.1 million in Q2, with diluted EPS remaining steady at $1.12. The company repurchased 488,000 shares and"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261477302.md"
published_at: "2025-10-16T15:14:41.000Z"
---

# Westamerica Bancorp's Q3 net income falls 19.4%

> Westamerica Bancorp reported a 19.4% decline in Q3 net income, falling to $28.3 million from $29.1 million in Q2, with diluted EPS remaining steady at $1.12. The company repurchased 488,000 shares and maintained high capital ratios. Key drivers included low-cost operations and no provision for credit losses. Analysts rate the stock as a "hold" with a median 12-month price target of $53.00, reflecting a potential upside of 12.3% from its recent closing price of $46.47.

)

Overview

-   Westamerica Q3 net income declines slightly to $28.3 mln from $29.1 mln in Q2
-   Diluted EPS remains unchanged at $1.12 for Q3 compared to Q2
-   Company repurchased 488 thousand shares, maintaining high capital ratios

Outlook

-   The company did not provide specific guidance for future quarters or the fiscal year in the press release.

Result Drivers

-   LOW-COST OPERATIONS - Westamerica’s Q3 results benefited from low-cost operating principles, with a funding cost of 0.26%
-   NO CREDIT LOSS PROVISION - Company recognized no provision for credit losses in Q3 2025
-   OPERATING EFFICIENCY - Operating costs were 40% of revenue, contributing to Q3 results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

### Q3 EPS $1.12

Q3 Net $28.30

Income mln

Q3 Net $53.80

Interest mln

Income

Analyst Coverage

-   The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy”, 2 “hold” and no “sell” or “strong sell”
-   The average consensus recommendation for the banks peer group is “buy.”
-   Wall Street’s median 12-month price target for Westamerica Bancorp is $53.00, about 12.3% above its October 15 closing price of $46.47
-   The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

### Related Stocks

- [WABC.US - Westamerica Bancorp](https://longbridge.com/en/quote/WABC.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.