Westamerica Bancorporation filings document the company’s public reporting as a California bank holding company with Nasdaq-listed common stock. Its Form 8-K reports cover quarterly results, dividends, share repurchase authorizations, director appointments and other material corporate events tied to Westamerica Bank’s commercial banking and trust operations in Northern and Central California.
Proxy materials and related meeting filings describe board elections, advisory executive-compensation votes, independent auditor ratification and shareholder voting outcomes. The filing record also includes disclosures on governance, capital returns, operating performance, credit-loss provisions, deposit funding, loan and securities portfolio economics and registered common-stock status.
Westamerica BanCorp reported an ownership disclosure by Vanguard Portfolio Management. Vanguard Portfolio Management states beneficial ownership of 1,773,131 shares of Common Stock, representing 7.33% of the class. The filing shows sole dispositive power over 1,773,131 shares and sole voting power of 13,581 shares. The filing is signed by Ashley Grim and dated 04/29/2026.
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.
WESTAMERICA BANCORPORATION SVP/Risk Officer Curtis Belton exercised employee stock options and updated his holdings. He exercised 10,600 non-qualified stock options for Common Stock at an exercise price of $49.70 per share, leaving 5,300 options outstanding. The filing also reports 731.301 Common Stock shares held indirectly through an ESOP and no directly held Common Stock shares after this update.
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.
WESTAMERICA BANCORPORATION director Inez Wondeh bought common stock in an open-market trade. On this transaction date, Wondeh purchased 61 shares of common stock at a price of $53.785 per share. After the purchase, Wondeh directly owned 1,007 common shares. The filing also lists an indirect ownership line showing zero common shares held indirectly.
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.
Westamerica Bancorporation senior executive Robert James Baker Jr., SVP/Banking Division Manager, reported an open-market sale of 759 shares of common stock at $53.8337 per share. This transaction reduced his directly held shares to zero, while he continues to hold 3,729.514 shares indirectly through an ESOP as of the reported date.
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.