{"id":954634,"date":"2026-04-24T15:55:45","date_gmt":"2026-04-24T19:55:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\/"},"modified":"2026-04-24T15:55:45","modified_gmt":"2026-04-24T19:55:45","slug":"westamerica-bancorporation-increases-stock-repurchase-plan-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\/","title":{"rendered":"Westamerica Bancorporation Increases Stock Repurchase Plan Authorization"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SAN RAFAEL, Calif., April  24, 2026  (GLOBE NEWSWIRE) &#8212; Westamerica Bancorporation (NASDAQ: WABC) today announced that its Board of Directors approved an increase in the Company\u2019s stock repurchase plan authorization by 2,000,000 shares. After accounting for shares previously purchased, and the 785,023 available under the prior authorization, the Company currently has 2,785,023 shares remaining under the expanded plan, which represents 11.8 percent of the Company\u2019s common stock outstanding as of March 31, 2026.<\/p>\n<p>Under the plan the Company may repurchase, as conditions warrant, shares of the Company\u2019s common stock on the open market or in privately negotiated transactions prior to December 31, 2026.<\/p>\n<p>\u201cThe increase in our stock repurchase plan authorization recognizes Westamerica\u2019s financial strength, conservative risk profile and reliable earnings,\u201d stated Chairman, President and CEO David Payne. \u201cWestamerica continues to proactively manage shareholder\u2019s capital.\u201d<\/p>\n<p>Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.<\/p>\n<p align=\"center\">\n        <em>Westamerica Bancorporation Web Address: <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JcaVx433UWjpnxi9M3WxkpBZG9MQAizBmw369HwHzqTsGUsfbDkGZR-aEj0IJ2TzirQHyuWqlzS47Bk8nATdwJAHT_p9Nnwct2knBYhFEi0=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em><br \/>\n            <u>www.westamerica.com<\/u><br \/>\n          <\/em><br \/>\n        <\/a>\n      <\/p>\n<p>For additional information contact:<br \/>Westamerica Bancorporation<br \/>1108 Fifth Avenue, San Rafael, CA 94901<br \/>Robert A. Thorson \u2013 Investment Relations Contact, 707-863-6090<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lxXH1fuDP6Eb_xJTZsQjZm-kjmBXv3QiBXq44ptUF8poKFWdhgpIMtBIgbMmxnbNZ3E3wDmGPErWAbysgS8LF8r_FoWQTC4oPjeD-UbnkrPZZLvGDRIG7XYGik8Mpd6C\" rel=\"nofollow\" target=\"_blank\">investments@westamerica.com<\/a>\u00a0<\/p>\n<p>\n        <u>FORWARD-LOOKING INFORMATION:<\/u>\n      <\/p>\n<p>\n        <sup>The following appears in accordance with the Private Securities Litigation Reform Act of 1995:<\/sup>\n      <\/p>\n<p>\n        <sup>This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;estimate,&#8221; or words of similar meaning, or future or conditional verbs such as &#8220;will,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; or &#8220;may.&#8221;<\/sup>\n      <\/p>\n<p>\n        <sup>Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors \u2014 many of which are beyond the Company&#8217;s control \u2014 could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The Company&#8217;s most recent reports filed with the Securities and Exchange Commission, including the annual report for the year ended December 31, 2025 filed on Form 10-K and quarterly report for the quarter ended September 30, 2025 filed on Form 10-Q, describe some of these factors, including certain credit, interest rate, operational, liquidity and market risks associated with the Company&#8217;s business and operations. Other factors described in these reports include changes in business and economic conditions, competition, fiscal and monetary policies, disintermediation, cyber security risks, legislation including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999, and mergers and acquisitions.<\/sup>\n      <\/p>\n<p>\n        <sup>Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.<\/sup>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5NjgxMiM3NTU1MTIxIzIwMjg3MTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDE5MmEzOGItMDMzOS00ZDdmLWE4YzItMGRlNmMwNjI1M2Y2LTEwNDAyMDMtMjAyNi0wNC0yNC1lbg==\/tiny\/Westamerica-Bancorporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN RAFAEL, Calif., April 24, 2026 (GLOBE NEWSWIRE) &#8212; Westamerica Bancorporation (NASDAQ: WABC) today announced that its Board of Directors approved an increase in the Company\u2019s stock repurchase plan authorization by 2,000,000 shares. After accounting for shares previously purchased, and the 785,023 available under the prior authorization, the Company currently has 2,785,023 shares remaining under the expanded plan, which represents 11.8 percent of the Company\u2019s common stock outstanding as of March 31, 2026. Under the plan the Company may repurchase, as conditions warrant, shares of the Company\u2019s common stock on the open market or in privately negotiated transactions prior to December 31, 2026. \u201cThe increase in our stock repurchase plan authorization recognizes Westamerica\u2019s financial strength, conservative risk profile and reliable &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Westamerica Bancorporation Increases Stock Repurchase Plan Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-954634","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westamerica Bancorporation Increases Stock Repurchase Plan Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westamerica Bancorporation Increases Stock Repurchase Plan Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN RAFAEL, Calif., April 24, 2026 (GLOBE NEWSWIRE) &#8212; Westamerica Bancorporation (NASDAQ: WABC) today announced that its Board of Directors approved an increase in the Company\u2019s stock repurchase plan authorization by 2,000,000 shares. After accounting for shares previously purchased, and the 785,023 available under the prior authorization, the Company currently has 2,785,023 shares remaining under the expanded plan, which represents 11.8 percent of the Company\u2019s common stock outstanding as of March 31, 2026. Under the plan the Company may repurchase, as conditions warrant, shares of the Company\u2019s common stock on the open market or in privately negotiated transactions prior to December 31, 2026. \u201cThe increase in our stock repurchase plan authorization recognizes Westamerica\u2019s financial strength, conservative risk profile and reliable &hellip; Continue reading &quot;Westamerica Bancorporation Increases Stock Repurchase Plan Authorization&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-24T19:55:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5NjgxMiM3NTU1MTIxIzIwMjg3MTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Westamerica Bancorporation Increases Stock Repurchase Plan Authorization\",\"datePublished\":\"2026-04-24T19:55:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/\"},\"wordCount\":466,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY5NjgxMiM3NTU1MTIxIzIwMjg3MTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/westamerica-bancorporation-increases-stock-repurchase-plan-authorization\\\/\",\"name\":\"Westamerica Bancorporation Increases Stock Repurchase Plan Authorization - 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