What is Westamerica Bank's provision for credit losses?

Westamerica Bank (WABC) reported provision for credit losses of -$300K in Q1 2026.

How has Westamerica Bank's provision for credit losses changed year-over-year?

Westamerica Bank's provision for credit losses decreased by 118.2% year-over-year, from -$137.5K to -$300K.

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.

Westamerica Bank WABC Provision for Credit Losses

Provision for Credit Losses at other companies

JPMorgan ChaseJPM

$2.51B-24.1%

Wells Fargo & CompanyWFC

$1.14B+21.8%

Amerant BancorpAMTB

$7.8M-57.7%

Center BancorpCNOB

$5.2M+48.6%

Banc of CaliforniaBANC

$9.8M+5.4%

Independent Bank CorpINDB

$5.78M-86.0%

Other financials

Income statement

See full

Revenue$64.5M-12.2%

Net income$27.4M-5.8%

EPS (diluted)$1.13-13.1%

Balance sheet

See full

Cash & equivalents$397.3M-45.4%

Total debt$165.5M+24.2%

Total equity$882.7M-4.4%

Total assets$5.9B-1.7%

Cash flow

See full

Operating cash flow$39.7M-6.3%

CapEx$1.0M+410%

Free cash flow$38.7M-8.2%

Valuation

See full

Market cap$1.39B+14.9%

Enterprise value$1.16B+88.3%

P/E12.1×+3.0×

P/S5.4×-0.2×

Profitability

See full

Net margin45%-2.2pp

FCF margin46.4%-1.2pp

Returns & leverage

See full

Return on equity12.7%-2.8pp

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 official record: Westamerica Bank’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Westamerica Bank's provision for credit losses?: Westamerica Bank (WABC) reported provision for credit losses of -$300K in Q1 2026.
How has Westamerica Bank's provision for credit losses changed year-over-year?: Westamerica Bank's provision for credit losses decreased by 118.2% year-over-year, from -$137.5K to -$300K.
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.