WESTAMERICA BANCORPORATION

Listed Company

WABCCIK 0000311094NasdaqLarge AcceleratedNational Commercial BanksCaliforniaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$116.17M

Total Assets

$5.96B

Equity

$933.51M

Shares Out

23.49M

Op. Cash Flow

$121.90M

WABC$59.50+17.36% · past yearDBEQ Basic

Daily closing prices

Business

Westamerica Bancorporation is a bank holding company providing a full range of banking services to individual and commercial customers in Northern and Central California through its subsidiary, Westamerica Bank, a California-chartered commercial bank with FDIC-insured deposits. The company focuses strategically on the banking needs of small businesses across its market areas from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. The company also owns Community Banker Services Corporation, which provides data processing and support services to the company and its subsidiaries.

Summary from 10-K filed 2026-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Loans	42	45	47	50	58
Equity securities	2	2	1	537,000	458,000
Debt securities available for sale	126	167	189	145	105
Debt securities held to maturity	34	35	36	19	9
Interest-bearing cash	28	20	11	8	1
Total Interest and Loan Fee Income	231	268	284	222	173
Bank Term Funding Program borrowings	0	6	0	0	—
Securities sold under repurchase agreements	700,000	665,000	120,000	79,000	—
Total Interest Expense	14	17	4	2	—
Net Interest and Loan Fee Income	217	251	280	220	171
(Reversal of) Provision for Credit Losses	−550,000	300,000	−1	0	0
Net Interest and Loan Fee Income After (Reversal of) Provision for Credit Losses	218	250	281	220	171
Bank owned life insurance gains	208,000	202,000	279,000	930,000	0
Losses on sale of securities	0	0	−125,000	0	34,000
Other noninterest income	3	4	3	3	3
Total Noninterest Income	41	43	44	45	43
Salaries and related benefits	49	50	48	46	48
Occupancy and equipment	21	21	21	20	19
Outsourced data processing services	11	10	10	10	10
Limited partnership operating losses	4	5	6	6	3
Courier service	3	3	3	3	2
Professional fees	2	1	2	3	3
Other noninterest expense	13	14	15	13	13
Total Noninterest Expense	102	104	103	99	98
Income Before Income Taxes	157	189	222	166	117
Provision for income taxes	41	50	60	44	31
Net Income	116	139	162	122	87
Average Common Shares Outstanding (in shares)	26	27	27	27	27
Diluted Average Common Shares Outstanding (in shares)	26	27	27	27	27
Basic earnings (in dollars per share)	4.52	5.2	6.06	4.54	3.22
Diluted earnings (in dollars per share)	4.52	5.2	6.06	4.54	3.22
Dividends paid (in dollars per share)	1.82	1.76	1.72	1.68	1.65

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	568	601	190	294	1,132
Debt securities available for sale	3,469	3,396	—	—	—
Debt securities held to maturity, net of allowance for credit losses of $1 at December 31, 2025 and $1 at December 31, 2024 (Fair value of $812,580 at December 31, 2025 and $807,838 at December 31, 2024)	820	845	—	—	—
Loans	726	820	—	—	—
Allowance for credit losses on loans	−12	−15	−17	−20	—
Loans, net of allowance for credit losses on loans	715	806	—	—	—
Premises and equipment, net	26	26	27	29	31
Identifiable intangibles, net	0	125,000	347,000	583,000	835,000
Goodwill	122	122	122	122	122
Other assets	242	281	297	319	185
Total Assets	5,960	6,076	6,365	6,950	7,461
Noninterest-bearing deposits	2,252	2,333	2,606	2,947	3,069
Interest-bearing deposits	2,588	2,678	2,868	3,278	3,345
Total deposits	4,840	5,012	5,474	6,225	6,414
Short-term borrowed funds	137	120	58	58	146
Other liabilities	49	54	59	65	74
Total Liabilities	5,027	5,186	5,592	6,348	6,634
Common stock (no par value), authorized: 150,000 shares Issued and outstanding: 24,623 at December 31, 2025 and 26,708 at December 31, 2024	440	476	473	475	471
Deferred compensation	35,000	35,000	35,000	35,000	35,000
Accumulated other comprehensive loss	−91	−168	−190	−256	50
Retained earnings	585	582	490	383	306
Total Shareholders' Equity	934	890	773	602	827
Total Liabilities and Shareholders' Equity	5,960	6,076	6,365	6,950	7,461

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
us-gaap_AmortizationOfDeferredLoanOriginationFeesNet	−320,000	270,000	573,000	−2	−6
Depreciation and amortization/accretion	7	10	12	17	17
Stock option compensation expense	1	1	1	1	1
Net gain on sale of other assets	0	−1	0	0	—
Income taxes payable (receivable)	3	−8	−869,000	3	−1
us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet	−7	−10	1	−18	−2
Equity securities held for trading	60,000	0	0	—	—
Net deferred tax asset	4	2	−2	697,000	4
Other assets	−2	−2	−3	−2	−4
Interest expense payable	−21,000	−8,000	−12,000	−10,000	−72,000
Other liabilities	−14	−9	−7	−7	−7
Net Cash Provided by Operating Activities	122	142	158	114	89
Net repayments of loans	90	44	90	108	194
Proceeds from bank owned life insurance policies	904,000	1	604,000	3	0
Proceeds from sale of other assets	0	5	0	0	—
Purchases of debt securities available for sale	−710	−21	0	−636	−1,909
Proceeds from sale/maturity/calls of debt securities available for sale	739	648	416	500	1,204
Proceeds from maturity/calls of debt securities held to maturity	31	40	44	111	206
Purchase of Federal Reserve Bank stock	0	0	−2	0	0
Purchases of premises and equipment	−2	−2	−1	−811,000	−1
Net Cash Provided by Investing Activities	150	716	547	−631	−306
Net change in deposits	−172	−462	−751	−189	726
Net change in short-term borrowings	17	62	370,000	−88	44
Exercise of stock options	376,000	1	950,000	2	3
Retirement of common stock	−104	−210,000	−14	−218,000	−232,000
Excise tax on net common stock repurchases	0	−132,000	0	0	—
Common stock dividends paid	−47	−47	−46	−45	−44
Net Cash Used in Financing Activities	−305	−446	−809	−320	728
Net Change in Cash and Due from Banks	−34	411	−104	−838	511
Right-of-use assets acquired in exchange for operating lease liabilities	10	5	9	4	5
Cash paid for amounts included in operating lease liabilities	7	7	6	6	6
Interest paid for the period	14	17	4	2	2
Federal (U.S)	19	35	39	—	—
State - California	14	22	25	—	—
Total income tax payments for the period net of refunds	33	57	64	40	28

Filings

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Frequently asked questions

What is WESTAMERICA BANCORPORATION's CIK number?

WESTAMERICA BANCORPORATION's SEC CIK number is 0000311094 (311094). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find WESTAMERICA BANCORPORATION's SEC filings?

All of WESTAMERICA BANCORPORATION's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did WESTAMERICA BANCORPORATION last report earnings?

WESTAMERICA BANCORPORATION (WABC) most recently filed an earnings 8-K with the SEC on Apr 16, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001171843-26-002511). This is WESTAMERICA BANCORPORATION's most recent earnings filing of record — not a forecast of its next earnings date.

What is WESTAMERICA BANCORPORATION's most recent earnings 8-K?

WESTAMERICA BANCORPORATION's latest earnings 8-K (Item 2.02) was filed Apr 16, 2026 under accession 0001171843-26-002511. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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