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Westamerica Bancorporation Declares Quarterly Cash Dividend

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dividends

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.

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Positive

  • Quarterly dividend $0.48 per share payable August 14, 2026
  • Net income $27.4 million for quarter ended June 30, 2026
  • Diluted EPS $1.17 for the three months ended June 30, 2026

Negative

  • None.

News Market Reaction – WABC

+0.18%
+0.18% Session close to close

In the Jul 23 session, WABC gained 0.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SAN RAFAEL, Calif., July 23, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.48 per share on common stock outstanding to shareholders of record at the close of business August 3, 2026. The dividend is payable August 14, 2026.

Chairman, President and CEO David Payne stated, “This quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.”

On July 16, 2026, Westamerica reported $27.4 million in net income for the three months ended June 30, 2026, or $1.17 diluted earnings per common share.

Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.

Westamerica Bancorporation Web Address: www.westamerica.com

For additional information contact:

Westamerica Bancorporation
1108 Fifth Avenue, San Rafael, CA 94901
Robert A. Thorson – Investor Relations Contact
707-863-6090
investments@westamerica.com

FORWARD-LOOKING INFORMATION:

The following appears in accordance with the Private Securities Litigation Reform Act of 1995:

This press release may contain 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. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may."

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company's control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The Company's most recent reports filed with the Securities and Exchange Commission, including the annual report for the year ended December 31, 2025 filed on Form 10-K and quarterly report for the quarter ended March 31, 2026 filed on Form 10-Q, describe some of these factors, including certain credit, interest rate, operational, liquidity and market risks associated with the Company's business and operations. Other factors described in these reports include changes in business and economic conditions, competition, fiscal and monetary policies, disintermediation, cyber security risks, legislation including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999, and mergers and acquisitions.

Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.


FAQ

What dividend did Westamerica Bancorporation (NASDAQ: WABC) declare on July 23, 2026?

Westamerica Bancorporation declared a quarterly cash dividend of $0.48 per common share. According to Westamerica Bancorporation, shareholders of record on August 3, 2026 will receive the dividend, which is scheduled to be paid on August 14, 2026.

When is the record date and payment date for Westamerica Bancorporation's Q2 2026 dividend?

The record date is August 3, 2026 and the payment date is August 14, 2026. According to Westamerica Bancorporation, shareholders of record at the close of business on the record date will receive the $0.48 per share quarterly cash dividend.

What were Westamerica Bancorporation's earnings for the quarter ended June 30, 2026 (WABC)?

Westamerica Bancorporation reported $27.4 million in net income for the quarter. According to Westamerica Bancorporation, this result for the three months ended June 30, 2026 equates to $1.17 diluted earnings per common share, reflecting the company’s reported earnings performance for that period.

How does Westamerica Bancorporation describe the rationale for its July 2026 dividend?

Westamerica Bancorporation links the dividend to its earnings and risk profile. According to Westamerica Bancorporation, the quarterly dividend recognizes the company’s reliable earnings stream, financial strength, and conservative risk profile, as stated by Chairman, President and CEO David Payne.

Where does Westamerica Bancorporation conduct its banking operations?

Westamerica Bancorporation operates through its wholly owned subsidiary Westamerica Bank in California. According to Westamerica Bancorporation, the bank runs banking and trust offices throughout Northern and Central California, serving customers in those regional markets.

How can investors contact Westamerica Bancorporation investor relations about WABC?

Investors can contact investor relations by phone or email. According to Westamerica Bancorporation, the investor relations contact is Robert A. Thorson at 707-863-6090 or via email at investments@westamerica.com, at the San Rafael, California headquarters address.