NASDAQ$WABC
Westamerica Bancorporation · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Generated net income and diluted earnings per common share.
Westamerica Bancorporation reported a net income of $19.6 million and EPS of $0.72 for the second quarter of 2020. The company funded $249 million in Paycheck Protection Program loans and experienced a rise in net interest income to $42.1 million. Credit quality remained stable with nonperforming assets of $4.6 million.
- Net income for the second quarter 2020 was $19.6 million, with an EPS of $0.72.
- Net interest income on a fully-tax equivalent basis increased to $42.1 million.
- Operating expenses represented 48 percent of revenues on a fully-taxable equivalent basis.
- Nonperforming assets were $4.6 million at June 30, 2020.
Headline financials
Revenue & EPS history
Westamerica · Revenue · Quarterly
$50.7M
Revenue by segment
Westamerica · $60.8M total across 1 segment · Q3 2022
- Net Interest Income$60.8M—100.0%
Forward guidance
This press release contains forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.5%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.0%
Avg return
30 days after
55%
38 / 69 earnings
Positive
+5.9%
Q3 2011
Best reaction
-5.8%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | +0.3% | +0.9% | |
| Q4 2025 | +4.9% | +2.8% | +7.6% | |
| Q3 2025 | -1.4% | +1.8% | +3.2% | |
| Q2 2025 | -1.0% | -2.5% | -3.1% | |
| Q1 2025 | -0.2% | +3.9% | +10.1% | |
| Q4 2024 | +1.0% | +0.8% | -3.8% | |
| Q3 2024 | +1.3% | +1.2% | +11.6% | |
| Q2 2024 | -4.7% | -5.4% | -12.4% | |
| Q1 2024 | +2.8% | +5.0% | +10.7% | |
| Q4 2023 | -5.8% | -6.4% | -11.6% | |
| Q3 2023 | +1.7% | +1.3% | +11.8% | |
| Q2 2023 | +2.1% | +6.6% | +1.2% | |
| Q1 2023 | -0.6% | -4.0% | -7.1% | |
| Q4 2022 | -0.5% | -1.4% | +0.2% | |
| Q3 2022 | +5.9% | +13.3% | +13.8% | |
| Q2 2022 | +5.2% | +6.4% | +7.1% | |
| Q1 2022 | +3.0% | -0.8% | -3.1% | |
| Q4 2021 | -0.7% | +0.9% | +1.7% | |
| Q3 2021 | +2.9% | +1.0% | +1.4% | |
| Q2 2021 | +2.1% | +0.1% | +5.2% | |
| Q1 2021 | +1.3% | -1.5% | +0.3% | |
| Q4 2020 | +3.0% | -1.3% | +0.4% | |
| Q3 2020 | +1.4% | -1.0% | +4.6% | |
| Q2 2020 | +2.1% | +5.0% | +10.7% | |
| Q1 2020 | +3.5% | +4.5% | -7.3% | |
| Q4 2019 | +2.5% | +0.2% | +0.2% | |
| Q3 2019 | +3.4% | +5.8% | +5.2% | |
| Q2 2019 | +1.8% | +3.3% | +2.8% | |
| Q1 2019 | -1.5% | -0.3% | -2.9% | |
| Q4 2018 | +4.7% | +2.1% | +2.8% | |
| Q3 2018 | -3.6% | -4.9% | +6.4% | |
| Q2 2018 | +0.4% | +1.4% | +6.9% | |
| Q1 2018 | +0.1% | +1.1% | +0.3% | |
| Q4 2017 | +4.6% | +4.5% | +0.0% | |
| Q3 2017 | +1.6% | +0.1% | -1.9% | |
| Q2 2017 | +0.4% | +3.8% | -7.4% | |
| Q1 2017 | +4.1% | +3.4% | -5.0% | |
| Q4 2016 | -0.3% | -2.5% | -0.4% | |
| Q3 2016 | +1.9% | +1.2% | +23.2% | |
| Q2 2016 | -2.9% | -5.1% | -2.5% | |
| Q1 2016 | -0.6% | — | — | |
| Q4 2015 | +0.0% | — | — | |
| Q3 2015 | -2.3% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | +2.3% | — | — | |
| Q4 2014 | -1.5% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q2 2014 | -2.7% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | -2.5% | — | — | |
| Q3 2013 | +1.6% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2012 | -2.8% | — | — | |
| Q3 2012 | +0.7% | — | — | |
| Q2 2012 | -2.3% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q4 2011 | -1.4% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q4 2009 | -1.4% | — | — | |
| Q3 2011 | +5.9% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q2 2009 | +0.6% | — | — |
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