WESTAMERICA BANCORPORATION (WABC) Westamerica Bancorporation (WABC) functions as a bank holding company, overseeing Westamerica Bank. Through its subsidiary, it delivers a comprehensive suite of financial products and services to both individual consumers and commercial enterprises. Its deposit offerings cater to retail customers, encompassing savings accounts, checking accounts, and certificates of deposit. The institution's lending activities are diverse, featuring commercial loans, financing for both commercial and residential real estate, construction loans, consumer installment loans, and indirect automobile lending. Geographically, WABC maintains a presence across 21 counties in Northern and Central California, operating 78 branch locations. Incorporated in 1972, the company was initially known as Independent Bankshares Corporation. It adopted its current name, Westamerica Bancorporation, in 1983. Its corporate headquarters are situated in San Rafael, California.
Sector: National Commercial Banks
Industry: Banks - Regional
Westamerica Bancorporation NASDAQ:WABC Financial Services · Banks - Regional
Mkt Cap $1.43B
Div Yield 3.04%
AH Close $61.88 +0.00% vs close
AH Close $61.88 +0.00% vs close
Mkt Cap $1.43B
Div Yield 3.04%
All Press Release SEC Filings News
Press Release
Westamerica Bancorporation Declares Quarterly Cash Dividend
Westamerica Bancorporation's board declared a quarterly cash dividend of $0.48 per share, payable November 13, 2026 to shareholders of record on November 2.
CEO David Payne framed the payout as reflecting the company's reliable earnings stream and conservative risk profile.
The release also reiterated previously reported Q3 2026 results: net income of $28.2 million, or $1.22 diluted EPS.
• 4d ago AI analysis › Press Release ⚠ 3
Westamerica Bancorporation Reports Third Quarter 2026 Financial Results
Westamerica Bancorporation reported Q3 2026 net income of $28.2 million and diluted EPS of $1.22, up 8.9% from $1.12 a year ago and up from $1.17 in Q2.
Net interest margin expanded 4 basis points sequentially to 3.81%, supported by an ultra-low 0.26% cost of funds and a shift of excess cash into higher-yielding investment securities.
Credit quality was pristine: no provision for credit losses, nonperforming assets of just $476 thousand, and an efficiency ratio of 40.8% with an annualized 11.5% return on common equity.
The company paid a $0.48 per-share dividend and retired 51 thousand shares, though YTD net income is down 6.2% YoY and average loans fell 11.1%, with earnings growth driven largely by buybacks.
• 11d ago AI analysis › SEC Filing ⚠ 4
WABC: 10-Q · periodic report
Westamerica Bancorporation reported net income of $27.4 million, or $1.17 diluted EPS, for the second quarter of 2026, down from $29.1 million, or $1.12, in the year-ago quarter. First-half net income fell to $54.7 million from $60.1 million a year earlier.
The decline was driven by lower net interest and loan fee income (net interest margin of 3.77% versus 3.85%) and higher noninterest expense, while the loan book continued to shrink — period-end loans of $668.8 million were down roughly 11% from a year earlier. Credit quality stayed clean, with no provision for credit losses in the quarter and nonperforming loans falling to $808 thousand from $1.8 million at year-end 2025.
Management kept returning capital aggressively, retiring $92.5 million of common stock in the first half of 2026 and paying $0.48 per share in quarterly dividends. Book value per share rose to $37.09 from $36.03 a year ago, with total risk-based capital at 23.16%.
Per-share results mask a shrinking balance sheet: EPS rose about 4% despite lower net income because the average share count fell roughly 10% year over year. Watch whether loan and deposit contraction stabilizes, since continued shrinkage pressures future earnings power.
SEC 10-Q • 2mo ago AI analysis › Press Release
Westamerica Bancorporation Declares Quarterly Cash Dividend
Westamerica Bancorporation declared a quarterly cash dividend of $0.48 per share, payable August 14, 2026 to shareholders of record at the close of business on August 3, 2026.
CEO David Payne stated that the dividend reflects the company's reliable earnings stream, financial strength, and conservative risk profile.
The announcement references recently reported Q2 results of $27.4 million in net income, or $1.17 diluted earnings per share.
• 3mo ago AI analysis › Press Release ⚠ 2
Westamerica Bancorporation Reports Second Quarter 2026 Financial Results
Westamerica Bancorporation reported Q2 2026 net income of $27.4 million, or $1.17 per diluted share, flat sequentially compared to the prior quarter but down 5.8% year-over-year.
Net interest income totaled $52.7 million, a 3.5% decrease from the prior year, while the efficiency ratio deteriorated to 41.3% from 39.3% a year ago.
Capital return remained a focus, with the company paying a $0.48 per share dividend and retiring 753,000 common shares during the quarter.
• 3mo ago AI analysis › Press Release ● Major
Westamerica Bancorporation Increases Stock Repurchase Plan Authorization
globenewswire.com • 6mo ago Press Release
Westamerica Bancorporation Increases Quarterly Cash Dividend
Westamerica Bancorporation's board increased the quarterly cash dividend to $0.48 per share, representing a $0.02 increase from the prior quarter.
The dividend is payable May 15, 2026 to shareholders of record at the close of business on May 4, 2026.
CEO David Payne attributed the increase to the company's reliable earnings stream, financial strength, and conservative risk profile.
• 6mo ago AI analysis › News
Westamerica Bancorporation (NASDAQ:WABC) SVP Robert James Baker, Jr. Sells 759 Shares of Stock
defenseworld.net • 6mo ago News
Westamerica Bancorporation (NASDAQ:WABC) Reaches New 12-Month High Following Earnings Beat
defenseworld.net • 6mo ago Press Release ● Major
Westamerica Bancorporation Reports First Quarter 2026 Financial Results
globenewswire.com • 6mo ago Press Release ● Major
Westamerica Bank Announces New Board Member
globenewswire.com • 6mo ago News
Analyzing Glacier Bancorp (NYSE:GBCI) and Westamerica Bancorporation (NASDAQ:WABC)
defenseworld.net • 8mo ago Recent SEC filings with analysis 
