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Westamerica Bancorporation (WABC) company profile

WABCNasdaqNational Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 14/3016% above fair value
$59.47−0.17 (-0.29%)

Close on Nov 13, 2026Market cap $1.37BP/E 12.8Yield 3.06%

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
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
FIGI
BBG000DD3KP1
Share class FIGI
BBG001S7XYL7
LEI
984500CF4F8115C11D96
EIN
94-2156203

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Curtis BeltonSVP/Risk Officer815
Brian J. DonohoeSVP/Chief Information Officer2,322
Robert James Baker JrSVP/Banking Division Manager3,801
George S. EnsingerSVP/Human Resources Div. Mgr7,227
Anela Marya JonasSVP/CFO2,762
Matthew John MihalikSVP/Treasurer0
Cheryl Christine ThorsenSVP/HR Division Manager0
John Joseph Sousa IIISVP/TREASURER25
Inez WondehDirector1,007
Carter Andrew Mr. WelchDirector0
Martin CamseyDirector149

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$802.65K$802.65K$491.96K$103$138
FY2024$786.66K$786.66K$504.90K$109$129
FY2023$758.70K$758.70K$427.40K$113$107
FY2022$750.02K$750.02K$477.40K$114$111
FY2021$750.56K$750.56K$443.49K$109$132
FY2020$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.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsOption awardsIncentive payOtherTotalvs. prior year
David L. Payne
Chairman, President & CEO
$371.00K––$400.00K$31.65K$802.65K+2%
John "Robert" A. Thorson
SVP & Treasurer
$87.10K$127.40K$208.27K–$35.29K$458.06K-32%
Russell W. Rizzardi
SVP & Chief Credit Administrator
$126.74K$103.68K$170.23K$66.00K$13.23K$479.87K+10%
Brian Donohoe
SVP & Chief Information Officer
$130.01K$110.90K$181.64K$86.40K$38.24K$547.19K+2%
Robert Baker
SVP & Banking Division Manager
$130.02K$74.28K$139.80K$74.20K$24.94K$443.24K+2%
Anela M. Jonas
SVP & Chief Financial Officer
$148.89K$82.53K$156.92K$99.80K$43.30K$531.43K+19%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

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

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