Westamerica Bancorporation declares $0.48 quarterly cash dividend

Westamerica Bancorporation (NASDAQ: WABC) declared a quarterly cash dividend of $0.48 per share on common stock outstanding, according to a press release issued on October 22, 2026. The board of directors set the record date for the payment at the close of business on November 2, 2026, with the dividend payable to shareholders on November 13, 2026.

The declaration follows the company's report of $28.2 million in net income for the three months ended September 30, 2026, which was released on October 15, 2026. That period also saw diluted earnings of $1.22 per common share. Chairman, President and CEO David Payne attributed the dividend to the company's reliable earnings stream, financial strength and conservative risk profile.

Westamerica Bancorporation operates banking and trust offices throughout Northern and Central California through its wholly owned subsidiary, Westamerica Bank. The company is headquartered at 1108 Fifth Avenue in San Rafael, California.

The press release includes forward-looking statements regarding the company's future operations, products or services, and forecasts of revenues and earnings. These statements are subject to risks and uncertainties that could cause actual results to differ significantly from those described. Factors cited include credit, interest rate, operational, liquidity and market risks, as well as changes in business and economic conditions, competition and fiscal policies. The company notes that it does not undertake to update these forward-looking statements to reflect events occurring after the date they are made.