Overview
California bank's Q4 net income fell 12.3% yr/yr, with EPS at $1.12
Net interest income for Q4 was $53.5 mln, slightly down from Q3
Company repurchased 485,000 shares during Q4 2025
Outlook
Company did not provide specific guidance for future quarters in the press release
Result Drivers
LOW-COST DEPOSITS - Co benefited from a low-cost deposit base, with 46% in non-interest bearing accounts, keeping funding costs at 0.24%
CONTROLLED EXPENSES - Operating expenses remained well controlled at 40% of total revenues
STABLE ASSET QUALITY - Nonperforming assets were stable at $1.8 mln, with an allowance for credit losses at $11.6 mln
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.12
Q4 Net Income
$27.80 mln
Q4 Net Interest Income
$53.50 mln
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 9.2% above its January 14 closing price of $48.52
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nGNX3s4tnc
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(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.)
