Westamerica Bancorp

Q2 FY2026 EarningsQ2 FY26 results beat consensus on earnings but slightly missed on top-line revenue. Diluted EPS of $1.17 exceeded the $1.095 expectation by 6.85%, driven by aggressive share repurchases and a reversal of credit loss provisions. Total revenue (Net Interest Income + Noninterest Income) reached $62.77M, marginally below the $61.60M normalized revenue expectation if excluding certain FTE adjustments. While loan balances declined, the net interest margin remains resilient at 3.77% in a high-interest-rate environment.