Westamerica Bancorporation filings document the company’s public reporting as a California bank holding company with Nasdaq-listed common stock. Its Form 8-K reports cover quarterly results, dividends, share repurchase authorizations, director appointments and other material corporate events tied to Westamerica Bank’s commercial banking and trust operations in Northern and Central California.
Proxy materials and related meeting filings describe board elections, advisory executive-compensation votes, independent auditor ratification and shareholder voting outcomes. The filing record also includes disclosures on governance, capital returns, operating performance, credit-loss provisions, deposit funding, loan and securities portfolio economics and registered common-stock status.
Westamerica Bancorporation reported first-quarter 2026 net income of $27.4M, down from $31.0M a year earlier, with basic and diluted earnings per share of $1.13 versus $1.16. Net interest and fee income after a small reversal of credit loss provisions was $52.8M compared with $56.6M in the prior-year quarter.
Total assets were $5.86B at March 31, 2026, slightly below $5.96B at year-end 2025, as loans declined to $696.2M and deposits to $4.78B. The securities portfolio remained sizable, with available-for-sale debt securities at fair value of $3.60B and held-to-maturity securities at amortized cost of $799.6M, supporting interest income but contributing to an accumulated other comprehensive loss of $107.3M driven by higher interest rates. Credit quality indicators stayed conservative, with an allowance for credit losses on loans of $11.2M and low nonaccrual and past-due balances.
WESTAMERICA BANCORPORATION executive Robert James Baker Jr., SVP and Banking Division Manager, reported an option exercise involving company stock. He exercised 10,200 non-qualified stock options, each with an exercise price of $49.70 per share, converting derivative rights into common stock.
After this activity, he held 3,729.514 shares of common stock indirectly through an ESOP and no common shares directly. He also retained 5,100 non-qualified stock options following the transaction, which continue to provide potential future equity exposure.
Westamerica Bancorporation reports a proposed sale of 10,200 common shares. The filing lists 10,200 shares to be sold on 05/01/2026 in connection with an Employee Stock Option Exercise using a broker payment for cashless exercise. The notice also records a prior sale of 759 shares by Robert James Baker Jr on 04/20/2026 for $40,860.
Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership of 1,278,326 shares of Westamerica BanCorp common stock, representing 5.28% as of 03/31/2026.
The filing states Vanguard has sole voting power over 183,248 shares and sole dispositive power over 1,278,326 shares. The filing lists affiliated Vanguard entities that exercise dispositive or voting power on behalf of funds and managed accounts. The filing was signed on 04/30/2026.
Westamerica BanCorp reported an ownership disclosure by Vanguard Portfolio Management. Vanguard Portfolio Management states beneficial ownership of 1,773,131 shares of Common Stock, representing 7.33% of the class. The filing shows sole dispositive power over 1,773,131 shares and sole voting power of 13,581 shares. The filing is signed by Ashley Grim and dated 04/29/2026.
Westamerica Bancorporation reported voting results from its April 23, 2026 annual shareholder meeting. 20,862,774 shares of common stock were represented out of 24,189,404 shares outstanding on the March 4, 2026 record date, indicating strong participation.
Shareholders elected all nominated directors, with support levels generally above 18.0 million "for" votes for each nominee. They also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 18,355,387 votes in favor. In addition, shareholders ratified the selection of Crowe LLP as independent registered public accounting firm for the year ending December 31, 2026, receiving over 20.5 million votes in favor and very few votes against.
WESTAMERICA BANCORPORATION SVP/Risk Officer Curtis Belton exercised employee stock options and updated his holdings. He exercised 10,600 non-qualified stock options for Common Stock at an exercise price of $49.70 per share, leaving 5,300 options outstanding. The filing also reports 731.301 Common Stock shares held indirectly through an ESOP and no directly held Common Stock shares after this update.
Westamerica Bancorporation increased its stock repurchase plan authorization by 2,000,000 shares. After including this increase and shares already bought back, the company now has authorization to repurchase 2,785,023 shares, equal to 11.8 percent of its common stock outstanding as of March 31, 2026.
The company may repurchase shares on the open market or through privately negotiated transactions prior to December 31, 2026, depending on conditions. Management describes the larger plan as reflecting Westamerica’s financial strength, conservative risk profile and reliable earnings.
WESTAMERICA BANCORPORATION director Inez Wondeh bought common stock in an open-market trade. On this transaction date, Wondeh purchased 61 shares of common stock at a price of $53.785 per share. After the purchase, Wondeh directly owned 1,007 common shares. The filing also lists an indirect ownership line showing zero common shares held indirectly.