Westamerica Bancorp posted Q1 2026 EPS of $1.13, topping the $1.08 consensus estimate.
Revenue reached $62.2 million, surpassing the $60.7 million forecast, while net income fell slightly to $27.4 million.
Low‑cost deposits (46% non‑interest checking) kept funding cost at 0.24%, supporting an 11.0% ROE and a $0.46 dividend.
The bank repurchased 997,000 shares and its stock closed 0.77% higher on the day.