Westamerica Bancorporation Increases Quarterly Cash Dividend

Core Points - Westamerica Bancorporation declared a quarterly cash dividend of $0.46 per share, marking a two cent increase from the previous quarter, payable on May 16, 2025, to shareholders of record by May 5, 2025 [1][2] - The company reported a net income of $31.0 million for the three months ending March 31, 2025, translating to $1.16 diluted earnings per common share [2] Financial Performance - The increase in the quarterly dividend reflects Westamerica's reliable earnings stream, financial strength, and conservative risk profile as stated by Chairman, President, and CEO David Payne [2] - The reported net income of $31.0 million indicates a stable financial performance for the company in the recent quarter [2] Company Overview - Westamerica Bancorporation operates through its wholly owned subsidiary, Westamerica Bank, providing banking and trust services across Northern and Central California [2]