Westamerica Bancorporation reports news on its role as the parent company of Westamerica Bank, which operates commercial banking and trust offices throughout Northern and Central California. Recurring updates cover quarterly financial results, deposit funding costs, loan and bond portfolio performance, credit-loss provisions, nonperforming assets and operating expense trends.
Company announcements also address common-stock dividends, share repurchase authorizations and board governance matters. Westamerica’s news frequently links capital returns and operating results to its banking model, including a low-cost deposit base and credit-quality disclosures.
Westamerica Bancorporation (NASDAQ: WABC) declared a quarterly cash dividend of $0.48 per common share, payable on August 14, 2026, to shareholders of record on August 3, 2026. On July 16, 2026, the company reported $27.4 million in net income and $1.17 diluted EPS for the quarter ended June 30, 2026.
Westamerica Bancorporation (Nasdaq: WABC) reported second quarter 2026 net income of $27.4 million and diluted EPS of $1.17, flat in dollars but up from $1.13 in first quarter 2026. Net interest income (FTE) was $52.7 million, essentially unchanged sequentially, with a 4.01% yield on earning assets and 0.24% cost of funds, producing a 3.77% net interest margin.
Noninterest income rose to $10.3 million from $9.6 million quarter over quarter, while noninterest expense was stable at $26.0 million. Return on assets was 1.84% and return on common equity 11.3%. The company reported nonperforming assets of $808 thousand and no provision for credit losses. Westamerica paid a $0.48 dividend per common share and repurchased 753 thousand common shares in the quarter. Year over year, Q2 net income declined 5.8% and net interest income (FTE) fell 3.5%, with average loans down 10.4% and total deposits down 1.0%.
Westamerica Bancorporation (NASDAQ: WABC) said its Board increased the stock repurchase plan authorization by 2,000,000 shares. After prior purchases and the prior 785,023 available, 2,785,023 shares remain under the plan, equal to 11.8% of common stock outstanding as of March 31, 2026. Purchases may occur on the open market or in privately negotiated transactions through December 31, 2026.
The company noted the increase reflects its financial position and that repurchases are at management discretion.
Westamerica Bancorporation (NASDAQ: WABC) announced a quarterly cash dividend of $0.48 per share, a $0.02 increase from the prior quarter, payable May 15, 2026, to shareholders of record at the close of business May 4, 2026. The company reported $27.4 million in net income for Q1 2026, or $1.13 diluted EPS.
The board cited the company's earnings stream, financial strength and conservative risk profile as reasons for the increase.
Westamerica Bancorporation (Nasdaq: WABC) reported first quarter 2026 net income of $27.4 million and diluted EPS of $1.13. Return on average common equity was 11.0%. Net interest income (FTE) was $52.7 million with a 0.24% cost of funds. The company paid a $0.46 quarterly dividend and retired 997,000 shares.
Loans and deposits declined modestly; allowance for credit losses was $11.2 million and nonperforming assets were $1.4 million at March 31, 2026.
Westamerica Bancorporation (NASDAQ:WABC) announced on April 14, 2026 the appointment of Carter Welch to its Board of Directors. Mr. Welch will also join the Audit and Loan & Investment committees.
Mr. Welch brings nearly 40 years of leadership across financial services, consumer products, technology and professional services, and currently advises via The Fig Tree Group and The Shirlaws Group. He holds a BA from Bowdoin College. Westamerica Bank operates commercial banking and trust offices across Northern and Central California. For investor inquiries, contact Robert A. Thorson at the provided phone and email.
Westamerica Bancorporation (NASDAQ: WABC) declared a quarterly cash dividend of $0.46 per share to shareholders of record at the close of business on February 2, 2026, payable February 13, 2026. The board cited the company's reliable earnings stream and financial strength.
For the three months ended December 31, 2025, Westamerica reported $27.8 million in net income and $1.12 diluted earnings per common share. Westamerica operates banking and trust offices across Northern and Central California.
Westamerica Bancorporation (Nasdaq: WABC) reported Q4 2025 net income of $27.8 million and diluted EPS of $1.12. Q4 results included a $0.02 EPS reduction from a $628 thousand book tax provision to reconcile 2024 returns. Net interest income (FTE) was $53.5 million; yield on earning assets was 4.00% and cost of funding was 0.24%. Noninterest income was $10.0 million and noninterest expense was $25.5 million, producing an efficiency ratio (FTE) of 40.1%. Return on common equity was 10.8%. The company paid a $0.46 per-share dividend and repurchased 485,000 shares. Nonperforming assets totaled $1.8 million with an allowance for credit losses of $11.6 million.
Westamerica Bancorporation (NASDAQ: WABC) approved a stock repurchase program to buy up to 2,000,000 shares on the open market or in privately negotiated transactions through December 31, 2026. The amount represents approximately 8.0% of shares outstanding as of September 30, 2025. Management described the plan as reflecting the company’s financial strength, conservative risk profile and reliable earnings stream. Repurchases are discretionary and will be executed “as conditions warrant.”
Contact: Robert A. Thorson, Investor Relations; website: www.westamerica.com.
Westamerica Bancorporation (NASDAQ: WABC) declared a quarterly cash dividend of $0.46 per share to shareholders of record at the close of business on November 3, 2025, payable November 14, 2025.
For the quarter ended September 30, 2025, Westamerica reported $28.3 million in net income, or $1.12 diluted earnings per common share. The company cited its earnings stream, financial strength and conservative risk profile when announcing the dividend.