WESTAMERICA BANCORPORATION
Close on Oct 19, 2026
- Market cap
- $1.40B
- P/E (TTM)
- 13.2
- Dividend yield
- 3.03%
About Westamerica Bancorporation
National Commercial Banks, SIC 6021
Westamerica Bancorporation operates as a bank holding company that delivers financial services through its primary subsidiary, Westamerica Bank, a California-chartered commercial bank. The organization offers a comprehensive suite of banking products and services, including deposit-taking, lending activities, and related account solutions. Additionally, its subsidiary, Community Banker Services Corporation, supplies data processing and internal support functions. The company primarily directs its banking operations toward retail consumers and commercial clients, maintaining a specialized emphasis on addressing the banking needs of small business enterprises.
The institution conducts its activities across communities situated throughout Northern and Central California, extending from Mendocino, Lake, and Nevada Counties in the north to Kern County in the south. As of year-end 2025, the enterprise maintains a workforce of 627 employees, representing 608 full-time equivalent positions. The organization maintains its legal headquarters in San Rafael, California, while operating its principal administrative offices in Fairfield, California.
Summary of the business section of Westamerica Bancorporation's latest annual report, written by StockData.
Company profile
Company
- Legal name
- WESTAMERICA BANCORPORATION
- Founded
- 1972
- Headquarters
- San Rafael, CA
- Address
- 1108 Fifth Ave 94901
- Phone
- (707) 863-6000
- Website
- westamerica.com
- Employees
- 627, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- California
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Sacramento, California
Stock & identifiers
- Ticker
- WABC
- Exchange
- Nasdaq
- Shares outstanding
- 23M, Jul 30, 2026
- Public float
- $1.18B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-1, Feb 26, 1998; 2-for-1, Jun 11, 1987
- SEC CIK
- 311094
- CUSIP
- 957090103
- ISIN
- US9570901036
- LEI
- 984500CF4F8115C11D96
- EIN
- 94-2156203
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Curtis Belton | SVP/Risk Officer | 777 |
| Brian J. Donohoe | SVP/Chief Information Officer | 2,322 |
| Robert James Baker Jr | SVP/Banking Division Manager | 3,801 |
| George S. Ensinger | SVP/Human Resources Div. Mgr | 7,227 |
| Anela Marya Jonas | SVP/CFO | 2,762 |
| Matthew John Mihalik | SVP/Treasurer | 0 |
| Cheryl Christine Thorsen | SVP/HR Division Manager | 0 |
| John Joseph Sousa III | SVP/TREASURER | 25 |
| Inez Wondeh | Director | 1,007 |
| Carter Andrew Mr. Welch | Director | 0 |
| Martin Camsey | Director | 149 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Payne | $802.65K | $802.65K | $491.96K | $103 | $138 |
| FY2024 Mr. Payne | $786.66K | $786.66K | $504.90K | $109 | $129 |
| FY2023 Mr. Payne | $758.70K | $758.70K | $427.40K | $113 | $107 |
| FY2022 Mr. Payne | $750.02K | $750.02K | $477.40K | $114 | $111 |
| FY2021 Mr. Payne | $750.56K | $750.56K | $443.49K | $109 | $132 |
| FY2020 Mr. Payne | $698.81K | $698.81K | $433.76K | $101 | $93 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“The Company and its subsidiaries employed 627 employees (608 full-time equivalent staff) as of December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 3, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 26, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 11, 2009 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 2, 2005 | Deregistration | Termination of SEC registration (Form 15) |
| Dec 22, 2004 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 15, 2004 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 12, 2002 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 17, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 5, 1996 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jan 24, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 22, 1994 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 9, 1994 | Merger | Registration of securities for a merger or exchange offer (S-4) |