Westamerica Bancorp
Serves small businesses and households across Northern and Central California banking markets.
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Profile
Operates Westamerica Bank as one California banking segment, serving individual and commercial customers through a branch network focused on small businesses. Revenue mechanics center on deposits, commercial and commercial real estate lending, consumer credit, trust services, card fees, and balance-sheet investment activity.
Runs Westamerica Bank, a California-chartered commercial bank serving individual and commercial customers in Northern and Central California. The franchise is managed as one reportable segment and centers on deposits, transaction accounts, commercial banking, commercial real estate lending, consumer loans, trust services, card fees, and investment activity.
The footprint reaches from northern counties to Kern County through 76 branches, with strategic focus on small-business banking. Management emphasizes a low-cost deposit base, noninterest checking relationships, controlled expenses, and stable credit quality.
Execution depends on local deposit relationships, California loan demand, branch-market competition, and bank regulation. Competitors include major banks, smaller community banks, credit unions, fintech platforms, brokerages, mutual funds, card companies, and other financial-service providers.
Company facts
Categories
Key statistics
Year to date +21.5% · Average volume (30d) 139.1K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 16, 2026Q2 FY26 | $1.10 | $1.17 | +6.4% | $61.6M | $63.0M | +2.2% | −1.76% |
| Apr 16, 2026Q1 FY26 | $1.07 | $1.13 | +5.6% | $60.7M | $62.3M | +2.6% | +0.67% |
| Jan 15, 2026Q4 FY25 | $1.07 | $1.12 | +4.7% | $61.9M | $63.6M | +2.7% | −2.04% |
| Oct 16, 2025Q3 FY25 | $1.08 | $1.12 | +3.7% | $64.2M | $63.8M | −0.6% | +1.86% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $69.8M | $67.8M | $67.5M | $66.8M | $65.4M | $66.1M | |
| Gross profit | $67.0M | $64.6M | $63.8M | $63.3M | $62.4M | $62.8M | |
| Operating income | $41.8M | $39.1M | $37.9M | $37.8M | $36.5M | $36.7M | |
| Net income | $31.0M | $29.1M | $28.3M | $27.8M | $27.4M | $27.4M | |
| Diluted EPS | $1.17 | $1.12 | $1.12 | $1.12 | $1.13 | $1.17 | |
| Gross margin | 95.9% | 95.3% | 94.6% | 94.8% | 95.4% | 95.0% | |
| Operating margin | 59.9% | 57.6% | 56.2% | 56.7% | 55.8% | 55.6% |
Fiscal years (4-quarter sums)FY21 $216.8M · FY22 $266.9M · FY23 $327.5M · FY24 $311.2M · FY25 $271.8M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $301.9M · Total debt $154.0M · Total assets $5.81B · Shareholders' equity $853.1M
Dividends
Raised for 38 straight years — most recently to $0.48 from $0.46 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 3, 2026 | Aug 3 | Aug 14 | $0.48 | |
| May 4, 2026 | May 4 | May 15 | $0.48 | raised from $0.46 |
| Feb 2, 2026 | Feb 2 | Feb 13 | $0.46 | |
| Nov 3, 2025 | Nov 3 | Nov 14 | $0.46 | |
| Aug 4, 2025 | Aug 4 | Aug 15 | $0.46 | |
| May 5, 2025 | May 5 | May 16 | $0.46 | raised from $0.44 |
| Feb 3, 2025 | Feb 3 | Feb 14 | $0.44 | |
| Nov 4, 2024 | Nov 4 | Nov 15 | $0.44 |
Ownership
Shares outstanding 23.49M · Float 22.26M · 94.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.34M | 14.20% | 13F | Aug 7, 2026 |
| American Century Companies Inc | 1.96M | 8.34% | 13F | Aug 12, 2026 |
| Vanguard Portfolio Management LLC | 1.72M | 7.33% | 13F | Aug 13, 2026 |
| State Street Corporation | 1.39M | 5.90% | 13G | Aug 7, 2026 |
| Vanguard Capital Management LLC | 1.03M | 4.40% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 22, 2026 | Inez Wondeh | director | +61 | $53.79 |
| Apr 20, 2026 | Robert James Jr Baker | officer: SVP/Banking Division Manager | −759 | $53.83 |
Peers
- Wells Fargo
Scale rival in California deposits, cards, small business, and CRE
- TriCo Bancshares
Northern/Central California peer in deposits, loans, and treasury
- CVB Financial
California business-bank rival with expanded Bay Area reach
- Bank of America
Large-bank substitute for deposits, cards, small business, and wealth
- Community West Bancshares
Central California peer in business deposits, CRE, and agribusiness
- Bank of Marin
North Bay and Sacramento peer for business banking and CRE
- Banc of California
Statewide business-bank rival in deposits, treasury, and CRE
- Sierra Bancorp
South San Joaquin Valley peer in community banking and CRE
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Westamerica Bancorp | $58.07 | −0.08% | $1.36B | 12.8 | 12.5 | 5.1 | −2.5% |
| Wells Fargo | $86.69 | +0.01% | $262.12B | 12.5 | 11.6 | 2.0 | +8.6% |
| TriCo Bancshares | $53.81 | −0.01% | $1.73B | 12.9 | 12.4 | 3.2 | +9.9% |
| CVB Financial | $22.19 | 0.00% | $3.18B | 14.6 | 12.0 | 4.5 | +42.0% |
| Bank of America | $62.30 | −0.04% | $442.26B | 14.4 | 12.7 | 2.3 | +19.3% |
| Community West Bancshares | $25.82 | −0.04% | $543.6M | 14.0 | 9.3 | 2.8 | +38.2% |
| Bank of Marin | $26.63 | +0.04% | $431.1M | 6.5 | 11.5 | 2.1 | +73.1% |
| Banc of California | $18.60 | −0.03% | $2.86B | — | 9.7 | 1.6 | — |
| Sierra Bancorp | $39.84 | −0.23% | $521.1M | 11.7 | 11.0 | 2.6 | +5.4% |
| Median | 12.9 | 11.5 | 2.4 | +19.3% |