Westamerica Bancorporation Raises Quarterly Dividend to $0.48, Q1 EPS $1.13
Westamerica Bancorporation’s Board declared a quarterly cash dividend of $0.48 per share, up $0.02 from the prior quarter, payable May 15, 2026, to shareholders of record on May 4. The bank reported $27.4 million in net income, or $1.13 diluted EPS, for the quarter ended March 31, 2026.
1. Dividend Increase
Westamerica Bancorporation’s board declared a $0.48 per share quarterly cash dividend, representing a $0.02 increase from the prior period. The dividend is payable May 15, 2026, to shareholders of record at the close of business May 4, 2026.
2. Q1 Financial Performance
For the quarter ended March 31, 2026, Westamerica Bancorporation generated $27.4 million in net income, or $1.13 in diluted earnings per share. Results reflect stable net interest margins and disciplined credit management across the loan portfolio.
3. Financial Strength and Risk Profile
Company leadership cited a reliable earnings stream, robust capital ratios, and conservative risk management as drivers for the dividend increase and earnings stability. Westamerica Bancorporation operates banking and trust offices throughout Northern and Central California.