Westamerica Q2 FY26 net income falls 5.8% to $27.39 million; revenue dips 2.9% to $62.97 million - WABC News | RalliesWestamerica Q2 FY26 net income falls 5.8% to $27.39 million; revenue dips 2.9% to $62.97 million
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WABC• Q2 FY26 results
- Westamerica Bancorporation Q2 2026 net income fell 5.8% to $27.39 million.
- Net interest and loan fee income (FTE) slipped 3.5% to $52.67 million; net interest margin (FTE) narrowed 0.08 percentage points to 3.77%.
- Total revenue (FTE) declined 2.9% to $62.97 million; noninterest income edged down 0.2% to $10.29 million.
- Noninterest expense increased 2% to $26.04 million; efficiency ratio (FTE) worsened to 41.3% from 39.3%.
- Average total loans dropped 10.4% to $682.9 million; average total investment securities rose 7.9% to $4.57 billion.
