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Westamerica Bancorporation

S&P 500

WABC/Financial Services · Banks - Regional/NASDAQ

Dividend Yield

3.20%

$1.86 · Annual Dividend

Stock Price$58.94P/E12.9MCap1.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

93/ 100Very Safe

WABC's dividend appears very safe. Strengths include a 41.0% earnings payout ratio & 40.0% fcf payout ratio. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 9 of 10 metrics

Strengths

  • Earnings Payout Ratio: 41.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 40.0%Free cash flow comfortably covers the dividend.
  • Operating Margin: 60.2%Healthy operating margin provides a wide buffer.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe
41.0%Very Safe
40.0%Very Safe

Balance Sheet

N/A

Profitability

Very Safe
60.2%Very Safe
Very StableVery Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Westamerica Bancorporation

Westamerica Bancorporation is a bank holding company headquartered in San Rafael, California. Serving as the parent company of Westamerica Bank, its primary function is to provide a wide range of financial products and services through its banking subsidiaries. The offerings include various deposit services such as checking and savings accounts, while also providing a comprehensive suite of loan products including commercial, real estate, and consumer loans. Westamerica Bancorporation plays a significant role in the financial sector, particularly by supporting small to medium-sized businesses and individual consumers in its service areas. The bank operates numerous branches across multiple communities, ensuring easy accessibility to financial services and fostering local economic stability. Within the financial market, Westamerica Bancorporation is recognized for its disciplined approach to risk management and its focus on long-term sustainability, making it a notable entity among regional banks. Its strategic initiatives often emphasize maintaining strong capital ratios and delivering consistent returns, which positions the company as a stable fixture within the banking industry.

Dividend Overview

Dividend Yield

3.20%

Annual Dividend

$1.86

Frequency

Quarterly

Payout Ratio

40.98%

FCF Payout Ratio

39.98%

52-Week Range

$44.93 - $59.66

Dividend History (2016–2025)

WABC annual dividend per share and yield history

Earnings & Profitability

WABC earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 4, 2026

Last Payment Date

May 15, 2026

Dividend Growth

3-Year Dividend CAGR

2.70%

5-Year Dividend CAGR

2.10%

10-Year Dividend CAGR

1.75%

3-Year Total Growth

8.33%

5-Year Total Growth

10.98%

10-Year Total Growth

18.95%

Income Calculator

WABC Dividend Calculator

Total Investment

$5,894.00

Annual Income

$186.00

Quarterly Income

$46.50

Monthly Income

$15.50

Frequently Asked Questions

What is WABC's current dividend yield?
Westamerica Bancorporation (WABC) currently has a dividend yield of 3.20%, based on a stock price of $58.94 and an annual dividend of $1.86.
When is WABC's next dividend payment date?
WABC's next ex-dividend date is 2026-05-04 and the next payment date is 2026-05-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does WABC pay in dividends per year?
Westamerica Bancorporation paid $1.82 per share in annual dividends in 2025. The dividends are paid quarterly.
Has WABC been increasing its dividend?
Westamerica Bancorporation has grown its dividend at a 5-year CAGR of 2.10% and a 10-year CAGR of 1.75%.
Is WABC's dividend safe?
Westamerica Bancorporation has a payout ratio of 40.98%. Its free cash flow payout ratio is 39.98%. A payout ratio below 60% is generally considered sustainable.
How is WABC's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Westamerica Bancorporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.