WABC dividend history
Westamerica Bancorporation (WABC) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Westamerica Bancorporation Increases Quarterly Cash DividendSAN RAFAEL, Calif., April 23, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.48 per share, which represents a two cent per share increase from the prior quarter, on common stock outstanding to shareholders of record at the close of business May 4, 2026. The dividend is payable May 15, 2026. Chairman, President and CEO David Payne stated, "This increase in the quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On April 16, 2026, Westamerica reported $27.4 million in net income for the three months ended March 31, 2026, or $1.13 d
- Westamerica Bancorporation Reports First Quarter 2026 Financial ResultsSAN RAFAEL, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2026 of $27.4 million and diluted earnings per common share ("EPS") of $1.13. First quarter 2026 results include a reversal of provision for credit losses of $300 thousand, which increased EPS $0.01. These results compare to fourth quarter 2025 net income of $27.8 million and EPS of $1.12. Fourth quarter 2025 results include an increase to the book tax provision to reconcile the 2024 income tax provision to the filed 2024 tax returns, which reduced EPS $0.02. "Westamerica's first quarter 2026 results benefited from
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.46 per share on common stock outstanding to shareholders of record at the close of business February 2, 2026. The dividend is payable February 13, 2026. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On January 15, 2026, Westamerica reported $27.8 million in net income for the three months ended December 31, 2025, or $1.12 diluted earnings per common share. Westamerica Bancorporation, through its
- Westamerica Bancorporation Reports Fourth Quarter 2025 Financial ResultsSAN RAFAEL, Calif., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2025 of $27.8 million and diluted earnings per common share ("EPS") of $1.12. Fourth quarter 2025 results include an increase to the book tax provision to reconcile the 2024 income tax provision to the filed 2024 tax returns, which reduced EPS $0.02. Fourth quarter 2025 results compare to third quarter 2025 net income of $28.3 million and EPS of $1.12. "Westamerica's fourth quarter 2025 results benefited from the Company's valuable low-cost deposit base, of which 46 percent was represented by non-interest bearing ch
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.46 per share on common stock outstanding to shareholders of record at the close of business November 3, 2025. The dividend is payable November 14, 2025. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On October 16, 2025, Westamerica reported $28.3 million in net income for the three months ended September 30, 2025, or $1.12 diluted earnings per common share. Westamerica Bancorporation, through it
- Westamerica Bancorporation Reports Third Quarter 2025 Financial ResultsSAN RAFAEL, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2025 of $28.3 million and diluted earnings per common share ("EPS") of $1.12. Third quarter 2025 results compare to second quarter 2025 net income of $29.1 million and EPS of $1.12. "Westamerica's third quarter 2025 results benefited from the Company's low-cost operating principles. The annualized cost of funding interest-earning loans, bonds and cash was 0.26 percent for the third quarter 2025. The Company recognized no provision for credit losses in the third quarter 2025. At September 30, 2025, nonperforming asset
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.46 per share on common stock outstanding to shareholders of record at the close of business August 4, 2025. The dividend is payable August 15, 2025. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On July 17, 2025, Westamerica reported $29.1 million in net income for the three months ended June 30, 2025, or $1.12 diluted earnings per common share. Westamerica Bancorporation, through its wholly own
- Westamerica Bancorporation Reports Second Quarter 2025 Financial ResultsSAN RAFAEL, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the second quarter 2025 of $29.1 million and diluted earnings per common share ("EPS") of $1.12. Second quarter 2025 results compare to first quarter 2025 net income of $31.0 million and EPS of $1.16. "Westamerica's second quarter 2025 results benefited from the Company's low-cost operating principles. The annualized cost of funding interest-earning loans, bonds and cash was 0.22 percent for the second quarter 2025. The Company recognized no provision for credit losses in the second quarter 2025. At June 30, 2025, nonperforming assets
- Westamerica Bancorporation Increases Quarterly Cash DividendSAN RAFAEL, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.46 per share, which represents a two cent per share increase from the prior quarter, on common stock outstanding to shareholders of record at the close of business May 5, 2025. The dividend is payable May 16, 2025. Chairman, President and CEO David Payne stated, "This increase in the quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On April 17, 2025, Westamerica reported $31.0 million in net income for the three months ended March 31, 2025, or $1.16 d
- Westamerica Bancorporation Reports First Quarter 2025 Financial ResultsSAN RAFAEL, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2025 of $31.0 million and diluted earnings per common share ("EPS") of $1.16. First quarter 2025 results include a reversal of provision for credit losses of $550 Thousand, which increased EPS $0.01. These results compare to fourth quarter 2024 net income of $31.7 million and EPS of $1.19. "Westamerica's first quarter 2025 results benefited from the Company's valuable low-cost deposit base, of which 46 percent was represented by non-interest bearing checking accounts during the quarter; the annualized cost of fundin
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business February 3, 2025. The dividend is payable February 14, 2025. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On January 16, 2025, Westamerica reported $31.7 million in net income for the three months ended December 31, 2024, or $1.19 diluted earnings per common share. Westamerica Bancorporation, through its
- Westamerica Bancorporation Reports Fourth Quarter 2024 Financial ResultsSAN RAFAEL, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2024 of $31.7 million and diluted earnings per common share ("EPS") of $1.19. Fourth quarter 2024 results include an increase to the book tax provision to reconcile the 2023 income tax provision to the filed 2023 tax returns, which reduced EPS $0.01. Fourth quarter 2024 results compare to third quarter 2024 net income of $35.1 million and EPS of $1.31, which included gains from life insurance and sales of other assets equivalent to EPS of $0.04. "Westamerica's fourth quarter 2024 results benefited from the Company's
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business November 4, 2024. The dividend is payable November 15, 2024. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On October 17, 2024, Westamerica reported $35.1 million in net income for the three months ended September 30, 2024, or $1.31 diluted earnings per common share. Westamerica Bancorporation, through it
- Westamerica Bancorporation Reports Third Quarter 2024 Financial ResultsSAN RAFAEL, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2024 of $35.1 million and diluted earnings per common share ("EPS") of $1.31, which includes gains from life insurance and sales of other assets equivalent to $0.04 EPS. Third quarter 2024 results compare to second quarter 2024 net income of $35.5 million and EPS of $1.33. "Westamerica's third quarter 2024 results benefited from the Company's valuable low-cost deposit base, of which 48 percent was represented by non-interest bearing checking accounts during the quarter; the annualized cost of funding our loan and bon
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business August 5, 2024. The dividend is payable August 16, 2024. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On July 18, 2024, Westamerica reported $35.5 million in net income for the three months ended June 30, 2024, or $1.33 diluted earnings per common share. Westamerica Bancorporation, through its wholly own
- Westamerica Bancorporation Reports Second Quarter 2024 Financial ResultsSAN RAFAEL, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the second quarter 2024 of $35.5 million and diluted earnings per common share ("EPS") of $1.33. Second quarter 2024 results compare to first quarter 2024 net income of $36.4 million and EPS of $1.37. "Westamerica's second quarter 2024 results benefited from the Company's low-cost operating principles. The annualized cost of funding our interest-earning loans, bonds and cash was 0.35 percent for the second quarter 2024. The Company recognized no provision for credit losses due to $73 thousand of net loan recoveries in the second quart
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business May 6, 2024. The dividend is payable May 17, 2024. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On April 18, 2024, Westamerica reported $36.4 million in net income for the three months ended March 31, 2024, or $1.37 diluted earnings per common share. Westamerica Bancorporation, through its wholly owned
- Westamerica Bancorporation Reports First Quarter 2024 Financial ResultsSAN RAFAEL, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2024 of $36.4 million and diluted earnings per common share ("EPS") of $1.37. First quarter 2024 results compare to fourth quarter 2023 net income of $39.5 million and EPS of $1.48. "Westamerica's first quarter 2024 results benefited from the Company's valuable low-cost deposit base, of which 47 percent was represented by non-interest bearing checking accounts during the quarter; the annualized cost of funding our loan and bond portfolios was 0.20 percent for the first quarter 2024. First quarter 2024 operating expe
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business February 5, 2024. The dividend is payable February 16, 2024. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On January 18, 2024, Westamerica reported $39.5 million in net income for the three months ended December 31, 2023, or $1.48 diluted earnings per common share. Westamerica Bancorporation, through its
- Westamerica Bancorporation Reports Fourth Quarter 2023 Financial ResultsSAN RAFAEL, Calif., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2023 of $39.5 million and diluted earnings per common share ("EPS") of $1.48. Fourth quarter 2023 results include an increase to the book tax provision to reconcile the 2022 income tax provision to the filed 2022 tax returns, which reduced EPS $0.02. Fourth quarter 2023 results compare to third quarter 2023 net income of $41.6 million and EPS of $1.56. "Westamerica's fourth quarter 2023 results benefited from the Company's valuable low-cost deposit base, of which 48 percent was represented by non-interest bearing ch
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business November 6, 2023. The dividend is payable November 17, 2023. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On October 19, 2023, Westamerica reported $41.6 million in net income for the three months ended September 30, 2023, or $1.56 diluted earnings per common share. Westamerica Bancorporation, through it
- Westamerica Bancorporation Reports Third Quarter 2023 Financial ResultsSAN RAFAEL, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2023 of $41.6 million and diluted earnings per common share ("EPS") of $1.56, which represent the highest third quarter results in Company history. Third quarter 2023 results include a life insurance gain which increased EPS $0.01. Third quarter 2023 results compare to second quarter 2023 net income of $40.2 million and EPS of $1.51. "Westamerica's third quarter 2023 results benefited from the Company's valuable low-cost deposit base, of which 48 percent was represented by non-interest bearing checking accounts durin
- Westamerica Bancorporation Increases Quarterly Cash DividendSAN RAFAEL, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business August 7, 2023. The dividend is payable August 18, 2023. Chairman, President and CEO David Payne stated, "This increase in the quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On July 20, 2023, Westamerica reported $40.2 million in net income for the three months ended June 30, 2023, or $1.51 diluted earnings per common share. Westamerica Bancorporation, throug
- Westamerica Bancorporation Reports Second Quarter 2023 Financial ResultsSAN RAFAEL, Calif., July 20, 2023 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the second quarter 2023 of $40.2 million and diluted earnings per common share ("EPS") of $1.51, which represents the highest second quarter results in Company history. Second quarter 2023 results compare to net income for first quarter 2023 of $40.5 million and EPS of $1.51; the first quarter 2023 included a $1.6 million reversal of provision for credit losses, which increased EPS $0.04. "Westamerica's second quarter 2023 results benefited from the Company's valuable low-cost deposit base; the annualized cost of funding our loan and
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business May 8, 2023. The dividend is payable May 19, 2023. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On April 20, 2023, Westamerica reported $40.5 million in net income for the three months ended March 31, 2023, or $1.51 diluted earnings per common share. Westamerica Bancorporation, through its wholly owned
- Westamerica Bancorporation Reports First Quarter 2023 Financial ResultsSAN RAFAEL, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2023 of $40.5 million and diluted earnings per common share ("EPS") of $1.51. First quarter 2023 results include a provision for credit losses reversal of $1.6 million, which increased EPS $0.04. These results compare to net income for fourth quarter 2022 of $39.3 million and EPS of $1.46. "Westamerica's first quarter 2023 results benefited from the Company's valuable low-cost deposit base; the cost of funding our loan and bond portfolios was 0.03 percent in the first quarter 2023, unchanged from the prior quarter.
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business February 6, 2023. The dividend is payable February 17, 2023. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On January 19, 2023, Westamerica reported $39.3 million in net income for the three months ended December 31, 2022, or $1.46 diluted earnings per common share. Westamerica Bancorporation, throu
- Westamerica Bancorporation Reports Fourth Quarter 2022 Financial ResultsSAN RAFAEL, Calif., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2022 of $39.3 million and diluted earnings per common share ("EPS") of $1.46. Fourth quarter 2022 results compare to net income for third quarter 2022 of $34.8 million and EPS of $1.29, which included a life insurance gain equivalent to EPS of $0.03. "Westamerica's fourth quarter 2022 results benefited from the Company's valuable low-cost deposit base; the cost of funding our loan and bond portfolios was 0.03 percent in the fourth quarter 2022, unchanged from the prior quarter. Non-interest bearing deposits represen
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Oct. 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business November 7, 2022. The dividend is payable November 18, 2022. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On October 20, 2022, Westamerica reported $34.8 million in net income for the three months ended September 30, 2022, or $1.29 diluted earnings per common share. Westamerica Bancorporation, through it
- Westamerica Bancorporation Reports Third Quarter 2022 Financial ResultsSAN RAFAEL, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2022 of $34.8 million and diluted earnings per common share ("EPS") of $1.29, including a life insurance gain equivalent to EPS of $0.03. Third quarter 2022 net income was 37 percent higher than second quarter 2022 net income of $25.3 million and EPS of $0.94. "Westamerica's third quarter 2022 results benefited from the Company's variable-rate bonds, cash and loans, as well as our valuable deposit base. With 47 percent of average deposits represented by non-interest bearing checking accounts and limited relianc
- Westamerica Bancorporation Declares Quarterly Cash Dividend and Announces Stock Repurchase PlanSAN RAFAEL, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business August 8, 2022. The dividend is payable August 19, 2022. Westamerica Bancorporation's Board of Directors also approved a plan to repurchase, as conditions warrant, up to 1,750,000 shares of the Company's common stock on the open market or in privately negotiated transactions prior to September 1, 2023. The repurchase plan represents approximately 6.5 percent of the Company's common stock outstanding as of June 30, 2022. Chairman, Pr
- Westamerica Bancorporation Reports Second Quarter 2022 Financial ResultsSAN RAFAEL, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the second quarter 2022 of $25.3 million and diluted earnings per common share ("EPS") of $0.94. Second quarter 2022 results compare to net income of $22.6 million and EPS of $0.84 for the first quarter 2022. "Westamerica's second quarter 2022 results benefited from the Company's variable-rate bonds, cash and loans, a valuable deposit base with ninety-eight percent of deposits represented by checking and savings deposits, and well controlled operating expenses. Credit quality remained solid with nonperforming loans of $8
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business May 9, 2022. The dividend is payable May 20, 2022. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On April 21, 2022, Westamerica reported $22.6 million in net income for the three months ended March 31, 2022, or $0.84 diluted earnings per common share. Westamerica Bancorporation, through its wholly
- Westamerica Bancorporation Reports First Quarter 2022 Financial ResultsSAN RAFAEL, Calif., April 21, 2022 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2022 of $22.6 million and diluted earnings per common share ("EPS") of $0.84. First quarter 2022 results compare to net income of $21.7 million and EPS of $0.81 for the fourth quarter 2021. "Westamerica is well positioned for rising interest rates. The Company's interest-earning assets include meaningful amounts of instruments with variable interest rates, and average checking and savings deposits represented ninety-eight percent of the Company's deposit base for the first quarter 2022, demonstrating minimal relianc
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 27, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business February 7, 2022. The dividend is payable February 18, 2022. Chairman, President and CEO David Payne stated, "This quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile." On January 20, 2022, Westamerica reported $21.7 million in net income for the three months ended December 31, 2021, or $0.81 diluted earnings per common share. Westamerica Bancorporation, through its
- Westamerica Bancorporation Reports Fourth Quarter 2021 Financial ResultsSAN RAFAEL, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2021 of $21.7 million and diluted earnings per common share ("EPS") of $0.81. Fourth quarter 2021 results compare to net income of $22.1 million and EPS of $0.82 for the third quarter 2021, which included "make-whole" interest income on corporate bonds redeemed before maturity, which increased EPS $0.02. "Westamerica's operating expenses remained well managed in the fourth quarter 2021, delivering fifty-six percent of revenue to pre-tax income. Checking and savings deposits represented ninety-eight percent of the Co
- Westamerica Bancorporation Increases Quarterly Cash DividendSAN RAFAEL, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business November 8, 2021. The dividend is payable November 19, 2021. Chairman, President and CEO David Payne stated, "This increase in our quarterly dividend recognizes Westamerica's reliable earnings stream, financial strength and conservative risk profile. Westamerica's annual dividend has increased in each of the last 31 years." On October 21, 2021, Westamerica reported $22.1 million in net income for the three months ended September 30,
- Westamerica Bancorporation Reports Third Quarter 2021 Financial ResultsSAN RAFAEL, Calif., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2021 of $22.1 million and diluted earnings per common share ("EPS") of $0.82. Third quarter 2021 results include "make-whole" interest income on corporate bonds redeemed prior to maturity, which increased EPS $0.02. These results compare to net income of $22.6 million and EPS of $0.84 for the second quarter 2021, which included "make-whole" interest income on corporate bonds redeemed before maturity, which increased EPS $0.04. "Westamerica's valuable deposit base generated a very low 0.03 percent annualized cost of f
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.41 per share on common stock outstanding to shareholders of record at the close of business August 2, 2021. The dividend is payable August 13, 2021. Chairman, President and CEO David Payne stated, "This dividend recognizes Westamerica's healthy capital level, sound asset quality, and profitability." On July 15, 2021, Westamerica reported $22.6 million in net income for the three months ended June 30, 2021, or $0.84 diluted earnings per common share. Westamerica Bancorporation, through its wholly owned subsidiary, Westamer
- Westamerica Bancorporation Reports Second Quarter 2021 Financial ResultsSAN RAFAEL, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the second quarter 2021 of $22.6 million and diluted earnings per common share ("EPS") of $0.84. Second quarter 2021 results include "make-whole" interest income on corporate bonds redeemed prior to maturity, which increased EPS $0.04. These results compare to net income of $20.1 million and EPS of $0.75 for the first quarter 2021, which included "make-whole" interest income on corporate bonds redeemed before maturity that increased EPS $0.02. "Westamerica continued originating loans for our customers under the second round of the Pay
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today declared a quarterly cash dividend of $0.41 per share on common stock outstanding to shareholders of record at the close of business May 3, 2021. The dividend is payable May 14, 2021. Chairman, President and CEO David Payne stated, "This dividend recognizes Westamerica's healthy capital level, sound asset quality, and profitability." On April 15, 2021, Westamerica reported $20.1 million in net income for the three months ended March 31, 2021, or $0.75 diluted earnings per common share. Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica
- Westamerica Bancorporation Reports First Quarter 2021 Financial ResultsSAN RAFAEL, Calif., April 15, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (NASDAQ:WABC), parent company of Westamerica Bank, generated net income for the first quarter 2021 of $20.1 million and diluted earnings per common share ("EPS") of $0.75. First quarter 2021 results include "make-whole" interest income on corporate bonds redeemed prior to maturity, which increased EPS $0.02. These results compare to net income of $23.8 million and EPS of $0.89 for the fourth quarter 2020, which included a gain on sale of a closed branch building, "make-whole" interest income on corporate bonds redeemed before maturity, and a customary adjustment to the tax provision for filed 2019 tax returns
- Westamerica Bancorporation Declares Quarterly Cash DividendSAN RAFAEL, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.41 per share on common stock outstanding to shareholders of record at the close of business February 8, 2021. The dividend is payable February 19, 2021. Chairman, President and CEO David Payne stated, “This dividend recognizes Westamerica’s healthy capital level, sound asset quality, and profitability.” On January 21, 2021, Westamerica reported $23.8 million in net income for the three months ended December 31, 2020, or $0.89 diluted earnings per common share. Westamerica Bancorporation, through its wholly owned s
- Westamerica Bancorporation Reports Fourth Quarter 2020 Financial ResultsSAN RAFAEL, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2020 of $23.8 million and diluted earnings per common share ("EPS") of $0.89. Fourth quarter 2020 results include a gain on sale of a closed branch building, make-whole interest income on corporate bonds redeemed prior to maturity, and a customary adjustment to the tax provision for the filed 2019 tax returns which increased EPS $0.15. These results compare to net income of $20.1 million and EPS of $0.74 for the third quarter 2020 and net income of $20.7 million and EPS of $0.77 for the fourth quarter 2019. "Westam