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Westamerica Bancorporation 8-K Filings

WABC NASDAQ

Every 8-K that Westamerica Bancorporation (WABC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow WABC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WABC filings page.

Rhea-AI Summary

Westamerica Bancorporation declared a quarterly cash dividend of $0.48 per share on common stock, payable August 14, 2026 to shareholders of record at the close of business on August 3, 2026.

The company previously reported net income of $27.4 million for the quarter ended June 30, 2026, or $1.17 diluted earnings per common share, and its leadership characterized results as reflecting reliable earnings, financial strength and a conservative risk profile.

Rhea-AI Summary

Westamerica Bancorporation reported second-quarter 2026 net income of $27.4 million and diluted EPS of $1.17, matching first-quarter income while improving EPS, and compared with $29.1 million and $1.12 a year earlier. Return on common equity was 11.3% and return on assets 1.84%.

Net interest income on a fully taxable-equivalent basis was $52.7 million, down 3.5% year over year, with a 3.77% net interest margin as earning-asset yields of 4.01% contrasted with a 0.24% cost of funds. Noninterest income was $10.3 million; sequential growth was driven primarily by higher merchant processing fees, debit card fees and unrealized gains on equity securities, while noninterest expense increased slightly to $26.0 million.

Credit quality remained strong: nonperforming loans were $808 thousand, or 0.12% of total loans of $668.8 million, and the allowance for credit losses on loans was $10.8 million with no provision recorded. The company paid a $0.48 per-share dividend and repurchased 753 thousand shares during the quarter.

Rhea-AI Summary

Westamerica Bancorporation reported voting results from its April 23, 2026 annual shareholder meeting. 20,862,774 shares of common stock were represented out of 24,189,404 shares outstanding on the March 4, 2026 record date, indicating strong participation.

Shareholders elected all nominated directors, with support levels generally above 18.0 million "for" votes for each nominee. They also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 18,355,387 votes in favor. In addition, shareholders ratified the selection of Crowe LLP as independent registered public accounting firm for the year ending December 31, 2026, receiving over 20.5 million votes in favor and very few votes against.

Rhea-AI Summary

Westamerica Bancorporation increased its stock repurchase plan authorization by 2,000,000 shares. After including this increase and shares already bought back, the company now has authorization to repurchase 2,785,023 shares, equal to 11.8 percent of its common stock outstanding as of March 31, 2026.

The company may repurchase shares on the open market or through privately negotiated transactions prior to December 31, 2026, depending on conditions. Management describes the larger plan as reflecting Westamerica’s financial strength, conservative risk profile and reliable earnings.

Rhea-AI Summary

Westamerica Bancorporation announced that its Board of Directors increased the quarterly cash dividend to $0.48 per share, a $0.02 per share increase from the prior quarter. The dividend will be paid on May 15, 2026 to shareholders of record as of May 4, 2026.

Management linked the higher dividend to Westamerica’s reliable earnings, financial strength and conservative risk profile. The company recently reported $27.4 million in net income for the three months ended March 31, 2026, or $1.13 in diluted earnings per common share.

Rhea-AI Summary

Westamerica Bancorporation reported first quarter 2026 net income of $27.4 million, with diluted EPS of $1.13. Earnings were helped by a $300 thousand reversal of credit loss provisions, which added $0.01 per share.

Net interest income (fully taxable equivalent) was $52.7 million, and the net interest margin was 3.74%, down from 3.90% a year earlier. Operating efficiency remained strong, with noninterest expenses at 41.6% of total revenue. Return on average common equity was 11.0% for the quarter.

Asset quality stayed solid, with nonperforming loans of $1.4 million and an allowance for credit losses on loans of $11.2 million at March 31, 2026. The company paid a quarterly dividend of $0.46 per share and retired about 1.0 million shares under its repurchase plan.

Rhea-AI Summary

Westamerica Bancorporation filed a report describing a change in its board of directors. On January 22, 2026, the board appointed Carter Welch to serve as an independent member of the Board of Directors, effective February 26, 2026. He will serve in this role until his successor is duly nominated, qualified, and elected.

The company notes that Mr. Welch brings more than 25 years of experience in marketing and business strategy, adding additional expertise to the board. The filing does not describe any other corporate actions or financial results.

Rhea-AI Summary

Westamerica Bancorporation filed a current report to note that it issued a press release on January 22, 2026. The press release is provided as Exhibit 99.1 to the report and is incorporated by reference, meaning its contents are treated as part of the overall disclosure.

The filing is made under the "Other Events" section, which is typically used to highlight information the company considers important for shareholders but that does not fall into another specific reporting category.

Rhea-AI Summary

Westamerica Bancorporation filed a current report to note that it released a press release on January 15, 2026 covering its results of operations and financial condition. The press release is attached as Exhibit 99.1 and incorporated by reference, meaning the detailed financial and operating results are contained in that separate document rather than in the body of this report.

Rhea-AI Summary

Westamerica Bancorporation filed a current report to note that it issued a press release on October 16, 2025 covering its results of operations and financial condition. The company states that this press release is provided as Exhibit 99.1 and is incorporated by reference into the report. Westamerica’s common stock, with no par value, trades on The Nasdaq Stock Market under the symbol WABC.

Rhea-AI Summary

Westamerica Bancorporation disclosed that long-serving director E. Joseph Bowler will retire from the company's Board effective September 25, 2025. Mr. Bowler has served as a director since 2003 and previously retired as the company’s Senior Vice President and Treasurer in 2002.

He served on the Audit, Loan and Investment and Nominating committees and was a member of Westamerica Bank’s Board of Directors. The company stated that Mr. Bowler did not notify it of any disagreement with the company on operations, policies or practices.