Filing Flows › Westamerica Bancorporation (WABC) › Q3 2026
Westamerica Bancorporation (WABC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Westamerica Bancorporation (WABC) reported revenue of $64.1M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +2% from the quarter before. Operating margin was 59.1%, net earnings $28.2M (44.0% of revenue).
Westamerica Bancorporation, Q3 2026: revenue $64.1M (+0.5% year over year), operating margin 59.1%, net earnings $28.2M, operating cash flow $33.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.1M | +2% | +0.5% |
| Operating profit | $37.8M | +3% | -0.3% |
| Net earnings | $28.2M | +3% | -0.4% |
| Operating cash flow | $33.7M | +117% | +14% |
| Free cash flow | $33.0M | +117% | +15% |
What changed
Revenue was $64.1M in Q3 2026, roughly flat year over year and up 2% from the previous quarter. Net interest income was the largest line at 83% of revenue. Noninterest income added $552K year over year (up 5%), 176% of the total change.
Operating profit was $37.8M, a 59.1% margin (down 0.5 points year over year). Operating profit fell $105K even though revenue rose $313K versus a year earlier, so costs grew faster than sales. Total costs grew 2% against flat revenue. Net earnings were $28.2M, roughly flat year over year. The effective tax rate was 25.6%.
Operating cash flow was $33.7M (up 14% year over year), 120% of net earnings. Non-cash charges added back $200K of depreciation and amortization. Working capital and other items added $5.3M. Capital expenditures of $660K left free cash flow of $33.0M.
Questions
What was Westamerica Bancorporation's revenue in the third quarter 2026?
Westamerica Bancorporation (WABC) reported revenue of $64.1M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +2% from the quarter before.
Was Westamerica Bancorporation profitable in the third quarter 2026?
Operating profit was $37.8M (59.1% of revenue) and net earnings $28.2M.