Westamerica Bancorporation (WABC) Stock Shrugs Off Q3 Earnings As Credit Quality Improves

Westamerica Bancorporation just printed its Q3 2026 scorecard, and the stock barely flinched. Shares were up only 0.6% on the day, a muted move for a bank that just posted US$1.22 in basic earnings per share and kept net interest margin at 3.81%. The real story sat on the balance sheet. Non performing loans dropped to US$0.48 million, a small number that speaks to credit quality. Price action suggested mild relief. The fundamentals indicated a market that may still be underpricing how clean...