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Westamerica Bank WABC Provision for Credit Losses

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Other financials

Income statement

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Revenue$64.5M-12.2%
Net income$27.4M-5.7%
EPS (diluted)$1.13-13.1%

Balance sheet

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Cash & equivalents$301.9M-51.8%
Total debt$154.0M+26.7%
Total equity$853.1M-7.4%
Total assets$5.8B-0.3%

Cash flow

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Operating cash flow$15.5M-33.9%
CapEx$305.0K-58.5%
Free cash flow$15.2M-33.1%

Valuation

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Market cap$1.37B+12.8%
Enterprise value$1.22B+72.3%
P/E12.1×+2.6×

Profitability

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Net margin45%-2.2pp
FCF margin46.4%-1.2pp

Returns & leverage

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Return on equity12.7%-2.0pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Westamerica Bank in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Westamerica Bank’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001171843-26-005234
Line itemFor the Three Months / Ended June 30, 2026For the Three Months / Ended June 30, 2025For the Six Months / Ended June 30, 2026For the Six Months / Ended June 30, 2025
Securities sold under repurchase agreements211144417311
Total Interest Expense3,3213,1896,6166,585
Net Interest and Loan Fee Income52,47654,278104,951110,373
Provision for (Reversal of) Credit Losses--(300)(550)
Net Interest and Loan Fee Income After
Provision for (Reversal of) for Credit Losses52,47654,278105,251110,923
Noninterest Income:
Service charges on deposit accounts3,3803,3686,7126,749

Item 1 Financial Statements

FAQ

What is Westamerica Bank's provision for credit losses?
Westamerica Bank (WABC) reported provision for credit losses of $0 in Q2 2026.
How has Westamerica Bank's provision for credit losses changed year-over-year?
Westamerica Bank's provision for credit losses increased by 100.0% year-over-year, from -$137.5K to $0.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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