SEC Form 10-Q filed by Westamerica Bancorporation

SAN 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

SAN 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

SAN RAFAEL, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:WABC) today approved a plan to repurchase, as conditions warrant, up to 2,000,000 shares of the Company's common stock on the open market or in privately negotiated transactions prior to March 31, 2026. The repurchase plan represents approximately 7.5 percent of the Company's common stock outstanding as of December 31, 2024. Chairman, President and CEO David Payne stated, "This stock repurchase plan recognizes Westamerica's financial strength, conservative risk profile and reliable earnings stream." Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica

SCHEDULE 13G - WESTAMERICA BANCORPORATION (0000311094) (Subject)

10-Q - WESTAMERICA BANCORPORATION (0000311094) (Filer)

8-K - WESTAMERICA BANCORPORATION (0000311094) (Filer)

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4 - WESTAMERICA BANCORPORATION (0000311094) (Issuer)

Maxim Group downgraded Westamerica Banc from Buy to Hold

SAN RAFAEL, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation announces the appointment of Martin Camsey to its Board of Directors. "We are pleased to add Martin Camsey to our Board of Directors," said David L. Payne, Chairman, President and Chief Executive Officer of Westamerica Bancorporation. "Martin has over 35 years of experience in the retail automobile industry. His unique background in finance and administration will enhance our board and contribute to our ongoing governance practices." In addition to being a Director of Westamerica Bank, Mr. Camsey will serve as a member of the Audit and Employee Benefits committees. Mr. Camsey was most recently the Chief

SAN RAFAEL, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Westamerica Bancorporation announces the appointment of Alisa Belew to its Board of Directors. "We are pleased to add Alisa Belew to our Board of Directors," said David L. Payne, Chairman, President and Chief Executive Officer of Westamerica Bancorporation. "Alisa has over 14 years of experience in the commercial real estate industry and her unique background will enhance our board and contribute to our ongoing governance practices." Ms. Belew is a Director of Newmark, one of the largest commercial real estate firms in the world. As Director, she specializes in the leasing and sales of commercial properties in Marin and Sonoma countie

SAN RAFAEL, Calif., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporation announces the appointment of Inez Wondeh to its Board of Directors. "We are pleased to add Inez Wondeh to our Board of Directors." says David L. Payne, Chairman, President and Chief Executive Officer of Westamerica Bancorporation. "Inez has over 20 years of experience in the healthcare industry and her unique background will enhance our board and contribute to our continued positive growth." Ms. Wondeh was named the Chief Executive Officer at BASS Medical Group in 2019. She has held several key positions in various healthcare organizations, including four years as Chief Operating Officer at BASS where she he

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