Overview
- TickerWABC on Nasdaq1
- Industryeconomics of banking1
- HeadquartersFairfield1
- Websitewww.westamerica.com
- Incorporated inCA4
- Business address1108 Fifth Ave, San Rafael, Ca 949014
- Filer categoryLarge accelerated filer4
- Legal formBank3
- LEI549300FYN93WUMXNFM413
- StatusActive3
- LEI statusIssued and current3
- Registered address1108 5th Ave, 94901 San Rafael, United States3
- Registered withFederal Deposit Insurance Corporation, 34303
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Examples of forward-looking statements include, but are not limited to: (i) projections of revenues, expenses, future credit quality and performance, the appropriateness of the allowance for credit losses, loan growth or reduction, mitigation of risk in the Company’s loan and investment securities portfolios, income or loss, earnings or loss per share, the payment or nonpayment of dividends, stock repurchases, capital structure and other financial items; (ii) statements of plans, objectives and expectations of the Company or its management or board of directors, including those relating to products or services; (iii) statements of future economic performance; and (iv) statements of assumptions underlying such statements. Words such as "believes", "anticipates", "expects", “estimates”, "intends", "targeted", "projected", “forecast”, "continue", "remain", "will", "should", "may" and other …6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Deposit Account brought in 35% of the revenue Westamerica Bank broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Deposit Account | $14.2M | $14.0M | $13.3M |
| Credit Card, Merchant Discount | $11.3M | $10.4M | $11.0M |
| Debit Card | $7.2M | $6.9M | $6.3M |
| Fiduciary and Trust | $3.1M | $3.3M | $3.6M |
| ATM Processing Fees | $2.6M | $2.2M | $1.9M |
| Financial Service, Other | $1.8M | $1.8M | $1.8M |
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loans | $41.7M | $45.3M | $47.1M |
| Equity securities | $1.7M | $1.6M | $1.5M |
| Debt securities available for sale | $126.2M | $167.0M | $189.2M |
| Debt securities held to maturity | $33.7M | $34.5M | $35.6M |
| Interest-bearing cash | $27.8M | $19.7M | $10.7M |
| Total Interest and Loan Fee Income | $231.0M | $268.0M | $284.0M |
| Bank Term Funding Program borrowings | $0 | $5.8M | $0 |
| Securities sold under repurchase agreements | $700.0K | $665.0K | $120.0K |
| Total Interest Expense | $13.7M | $17.4M | $3.9M |
| Net Interest and Loan Fee Income | $217.3M | $250.6M | $280.1M |
| (Reversal of) Provision for Credit Losses | -$550.0K | $300.0K | -$1.1M |
| Net Interest and Loan Fee Income After (Reversal of) Provision for Credit Losses | $217.8M | $250.3M | $281.3M |
| Bank owned life insurance gains | $208.0K | $202.0K | $279.0K |
| Losses on sale of securities | $0 | $0 | -$125.0K |
| Other noninterest income | $2.7M | $4.4M | $3.2M |
| Total Noninterest Income | $40.8M | $43.2M | $43.5M |
| Salaries and related benefits | $48.7M | $50.3M | $47.9M |
| Occupancy and equipment | $20.9M | $20.7M | $20.5M |
| Outsourced data processing services | $10.8M | $10.3M | $9.8M |
| Limited partnership operating losses | $3.6M | $5.2M | $5.8M |
| Courier service | $3.0M | $2.7M | $2.7M |
| Professional fees | $2.0M | $1.5M | $1.8M |
| Other noninterest expense | $13.0M | $13.8M | $14.8M |
| Total Noninterest Expense | $101.9M | $104.4M | $103.2M |
| Income Before Income Taxes | $156.7M | $189.1M | $221.6M |
| Provision for income taxes | $40.5M | $50.4M | $59.8M |
| Net Income | $116.2M | $138.6M | $161.8M |
| Average Common Shares Outstanding (in shares) | 25.7M shares | 26.7M shares | 26.7M shares |
| Diluted Average Common Shares Outstanding (in shares) | 25.7M shares | 26.7M shares | 26.7M shares |
| Basic earnings (in dollars per share) | $4.52 | $5.20 | $6.06 |
| Diluted earnings (in dollars per share) | $4.52 | $5.20 | $6.06 |
| Dividends paid (in dollars per share) | $1.82 | $1.76 | $1.72 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $567.8M | $601.5M | ||
| Debt securities available for sale | $3.5B | $3.4B | ||
| Debt securities held to maturity, net of allowance for credit losses of $1 at December 31, 2025 and $1 at December 31, 2024 (Fair value of $812,580 at December 31, 2025 and $807,838 at December 31, 2024) | $819.6M | $844.6M | ||
| Loans | $726.5M | $820.3M | ||
| Allowance for credit losses on loans | -$11.6M | -$14.8M | -$16.9M | -$20.3M |
| Loans, net of allowance for credit losses on loans | $714.9M | $805.5M | ||
| Premises and equipment, net | $25.7M | $26.1M | ||
| Identifiable intangibles, net | $0 | $125.0K | ||
| Goodwill | $121.7M | $121.7M | ||
| Other assets | $241.8M | $280.9M | ||
| Total Assets | $6.0B | $6.1B | ||
| Noninterest-bearing deposits | $2.3B | $2.3B | ||
| Interest-bearing deposits | $2.6B | $2.7B | ||
| Total deposits | $4.8B | $5.0B | ||
| Short-term borrowed funds | $137.3M | $120.3M | ||
| Other liabilities | $49.4M | $54.1M | ||
| Total Liabilities | $5.0B | $5.2B | ||
| Common stock (no par value), authorized: 150,000 shares Issued and outstanding: 24,623 at December 31, 2025 and 26,708 at December 31, 2024 | $440.0M | $476.5M | ||
| Deferred compensation | $35.0K | $35.0K | ||
| Accumulated other comprehensive loss | -$91.1M | -$168.1M | ||
| Retained earnings | $584.6M | $581.6M | ||
| Total Shareholders' Equity | $933.5M | $890.0M | $772.9M | $602.1M |
| Total Liabilities and Shareholders' Equity | $6.0B | $6.1B | ||
| Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Excluding Accrued Interest | $1.0K | $1.0K | $1.0K | |
| Debt securities held to maturity, fair value | $812.6M | $807.8M | ||
| Common Stock, No Par Value (in dollars per share) | $0 | $0 | ||
| Common Stock, Shares Authorized (in shares) | 150.0M shares | 150.0M shares | ||
| Common Stock, Shares, Issued (in shares) | 24.6M shares | 26.7M shares | ||
| Common Stock, Shares, Outstanding (in shares) | 24.6M shares | 26.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $567.8M | $601.5M | ||
| Debt securities available for sale | $3.5B | $3.4B | ||
| Debt securities held to maturity, net of allowance for credit losses of $1 at December 31, 2025 and $1 at December 31, 2024 (Fair value of $812,580 at December 31, 2025 and $807,838 at December 31, 2024) | $819.6M | $844.6M | ||
| Loans | $726.5M | $820.3M | ||
| Allowance for credit losses on loans | -$11.6M | -$14.8M | -$16.9M | -$20.3M |
| Loans, net of allowance for credit losses on loans | $714.9M | $805.5M | ||
| Premises and equipment, net | $25.7M | $26.1M | ||
| Identifiable intangibles, net | $0 | $125.0K | ||
| Goodwill | $121.7M | $121.7M | ||
| Other assets | $241.8M | $280.9M | ||
| Total Assets | $6.0B | $6.1B | ||
| Noninterest-bearing deposits | $2.3B | $2.3B | ||
| Interest-bearing deposits | $2.6B | $2.7B | ||
| Total deposits | $4.8B | $5.0B | ||
| Short-term borrowed funds | $137.3M | $120.3M | ||
| Other liabilities | $49.4M | $54.1M | ||
| Total Liabilities | $5.0B | $5.2B | ||
| Common stock (no par value), authorized: 150,000 shares Issued and outstanding: 24,623 at December 31, 2025 and 26,708 at December 31, 2024 | $440.0M | $476.5M | ||
| Deferred compensation | $35.0K | $35.0K | ||
| Accumulated other comprehensive loss | -$91.1M | -$168.1M | ||
| Retained earnings | $584.6M | $581.6M | ||
| Total Shareholders' Equity | $933.5M | $890.0M | $772.9M | $602.1M |
| Total Liabilities and Shareholders' Equity | $6.0B | $6.1B | ||
| Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Excluding Accrued Interest | $1.0K | $1.0K | $1.0K | |
| Debt securities held to maturity, fair value | $812.6M | $807.8M | ||
| Common Stock, No Par Value (in dollars per share) | $0 | $0 | ||
| Common Stock, Shares Authorized (in shares) | 150.0M shares | 150.0M shares | ||
| Common Stock, Shares, Issued (in shares) | 24.6M shares | 26.7M shares | ||
| Common Stock, Shares, Outstanding (in shares) | 24.6M shares | 26.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| us-gaap_AmortizationOfDeferredLoanOriginationFeesNet | -$320.0K | $270.0K | $573.0K |
| Net income | $116.2M | $138.6M | $161.8M |
| Depreciation and amortization/accretion | $7.2M | $10.4M | $11.8M |
| (Reversal of) Provision for Credit Losses | -$550.0K | $300.0K | -$1.1M |
| Stock option compensation expense | $1.1M | $1.5M | $1.4M |
| Bank owned life insurance gains | -$208.0K | -$202.0K | -$279.0K |
| Losses on sale of securities | $0 | $0 | $125.0K |
| Net gain on sale of other assets | $0 | -$1.4M | $0 |
| Income taxes payable (receivable) | $2.8M | -$8.4M | -$869.0K |
| us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | -$7.5M | -$10.0M | $1.0M |
| Equity securities held for trading | $60.0K | $0 | $0 |
| Net deferred tax asset | $3.6M | $1.6M | -$2.0M |
| Other assets | -$1.7M | -$1.8M | -$3.4M |
| Interest expense payable | -$21.0K | -$8.0K | -$12.0K |
| Other liabilities | -$14.3M | -$8.7M | -$7.5M |
| Net Cash Provided by Operating Activities | $121.9M | $141.6M | $158.2M |
| Net repayments of loans | $90.3M | $44.2M | $90.2M |
| Proceeds from bank owned life insurance policies | $904.0K | $1.1M | $604.0K |
| Proceeds from sale of other assets | $0 | $5.4M | $0 |
| Purchases of debt securities available for sale | -$710.1M | -$20.7M | $0 |
| Proceeds from sale/maturity/calls of debt securities available for sale | $739.3M | $647.5M | $416.4M |
| Proceeds from maturity/calls of debt securities held to maturity | $31.5M | $40.0M | $43.5M |
| Purchase of Federal Reserve Bank stock | $0 | $0 | -$2.3M |
| Purchases of premises and equipment | -$2.2M | -$1.7M | -$1.2M |
| Net Cash Provided by Investing Activities | $149.6M | $715.7M | $547.3M |
| Net change in deposits | -$171.8M | -$462.4M | -$751.0M |
| Net change in short-term borrowings | $17.0M | $62.2M | $370.0K |
| Exercise of stock options | $376.0K | $1.5M | $950.0K |
| Retirement of common stock | -$103.8M | -$210.0K | -$13.7M |
| Excise tax on net common stock repurchases | $0 | -$132.0K | $0 |
| Common stock dividends paid | -$46.9M | -$47.0M | -$46.0M |
| Net Cash Used in Financing Activities | -$305.2M | -$446.1M | -$809.4M |
| Net Change in Cash and Due from Banks | -$33.7M | $411.2M | -$103.9M |
| Right-of-use assets acquired in exchange for operating lease liabilities | $10.2M | $5.1M | $8.9M |
| Cash paid for amounts included in operating lease liabilities | $6.6M | $6.5M | $6.2M |
| Interest paid for the period | $13.7M | $17.4M | $3.9M |
| Federal (U.S) | $18.7M | $35.5M | $38.8M |
| State - California | $14.3M | $21.8M | $25.2M |
| Total income tax payments for the period net of refunds | $33.0M | $57.3M | $64.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Westamerica Bank is part of a group headed by WESTAMERICA BANCORPORATION. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Westamerica Bank
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SCHEDULE 13G/A on Westamerica Bank, latest Aug 14, 2026 (5 filings since Feb 4, 2022)
- State Street Corporation Filed SCHEDULE 13G on Westamerica Bank, latest Aug 7, 2026 (3 filings since Feb 5, 2025)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Westamerica Bank, latest Apr 30, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Westamerica Bank, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Westamerica Bank, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
- PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on Westamerica Bank, latest Feb 14, 2023 (3 filings since Feb 14, 2022)
- WESTAMERICA BANCORPORATION Fairfield, California, United States
- Westamerica Bank San Rafael, California, United States
- Community Banker Services Corporation — a subsidiary of Westamerica Bank Subsidiary · California, United States
- Money Outlet, Inc. Subsidiary · California, United States
- Westamerica Commercial Credit, Inc. Subsidiary · California, United States
- Westamerica Mortgage Company — a subsidiary of Westamerica Bank Subsidiary · California, United States
- Weststar Mortgage Corporation — a subsidiary of Community Banker Services Corporation Subsidiary · California, United States
- Westamerica Bank San Rafael, California, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Westamerica Bank reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $90.6M7 Dec 31, 2025 | $90.5M7 Dec 31, 2024 | +0.1% |
| Accumulated depreciation | $64.9M7 Dec 31, 2025 | $64.3M7 Dec 31, 2024 | +0.8% |
| Property and equipment, net | $25.7M7 Dec 31, 2025 | $26.1M7 Dec 31, 2024 | −1.6% |
| Operating-lease assets (leased space) | $22.2M7 Dec 31, 2025 | $18.0M7 Dec 31, 2024 | +23.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $3.4B11 Dec 31, 2024 | $4.0B11 Dec 31, 2023 | −15.1% |
| Debt securities held to maturity | $844.6M11 Dec 31, 2024 | $878.4M11 Dec 31, 2023 | −3.8% |
| Loans, net of allowance | $714.9M7 Dec 31, 2025 | $805.5M7 Dec 31, 2024 | −11.2% |
| Deposits held (banks) | $4.8B7 Dec 31, 2025 | $5.0B7 Dec 31, 2024 | −3.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $121.7M7 Dec 31, 2025 | $121.7M7 Dec 31, 2024 | 0% |
| Finite-lived intangibles, net | $07 Dec 31, 2025 | $125.0K7 Dec 31, 2024 | −100.0% |
Properties, in its own words
Branch Offices and Facilities
The Bank is engaged in the banking business through 76 branch offices in 20 counties in Northern and Central California. The Bank believes all of its offices are constructed and equipped to meet prescribed security requirements.
The rest of Item 2
The Company owns 26 banking office locations and one centralized administrative service center facility and leases 55 facilities. Most of the leases contain renewal options and provisions for rental increases, principally for changes in the cost of living index, and for changes in other operating costs such as property taxes and maintenance.
Item 2 of the 10-K filed Feb 27, 2026.6
Leadership
Who has led Westamerica Bank, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerDavid L. Payne Jul 27, 2006 to Feb 1, 202415
- ChairDavid L. Payne Jul 27, 2006 to Feb 1, 202415
- PresidentDavid L. Payne Jul 27, 2006 to Feb 1, 202415
- Chief financial officerAnela Marya Jonas Jul 9, 2024 to now16
- Chief financial officerJesse Leavitt Jan 10, 2020 to Jan 30, 202317
- Chief financial officerJohn A. Thorson Jan 27, 2006 to Jun 26, 202418
Board members and other officers (23)
- SVP/TreasurerMatthew John Mihalik Jan 30, 2026 to now19
- SVP/TREASURERJohn Joseph Sousa Iii. Feb 6, 2025 to now20
- SVP/HR Division ManagerCheryl Christine Thorsen Jul 29, 2025 to now21
- SVP/TreasurerJohn A. Thorson Jan 28, 2020 to now22
- Operations and Systems MgrBrian J. Donohoe Jan 8, 2019 to now23
- SVP/Human Resources Div. MgrGeorge S. Ensinger Jan 9, 2019 to now24
- Vice President/General AuditorCurtis Belton Apr 23, 2018 to now25
- VP/Chief Credit AdministratorRussell W. Rizzardi Apr 7, 2008 to Feb 23, 202326
- SVP/Banking Division ManagerDavid L. Robinson Nov 14, 2007 to Apr 25, 201727
- Exec. Off. Primary SubsidiaryDennis R. Hansen Jan 27, 2006 to Jul 24, 201828
- SVP/Chief Credit AdministratorFrank R. Zbacnik Jan 27, 2006 to Feb 5, 200829
- Sr. Vice President/TreasurerJennifer J. Finger Jan 27, 2006 to Jan 26, 201530
- Vice President/General AuditorJames J. Schneck Jan 30, 2006 to Feb 6, 201831
- Board memberCarter Andrew Welch Mr. Mar 6, 2026 to now32
- Board memberMartin Camsey Feb 28, 2024 to now33
- Board memberAlisa Jane Belew Nov 2, 2023 to Apr 24, 202434
- Board memberInez Wondeh Dec 20, 2021 to now35
- Board memberMelanie Martella Chiesa Jan 24, 2020 to May 4, 202336
- Board memberMichele R. Hassid Sep 27, 2019 to May 4, 202337
- Board memberLouis E. Bartolini Jan 3, 2017 to Jun 10, 202138
- Board memberE. Joseph Bowler Nov 7, 2012 to Nov 7, 201239
- Board memberMillan Catherine C. Mac Mar 22, 2007 to Apr 19, 202140
- Board memberEdward B. Sylvester Jul 23, 2007 to Jan 24, 202041
Subsidiaries and ownership
Parent company (GLEIF)
Subsidiaries (Exhibit 21)
- Community Banker Services Corporation — a subsidiary of Westamerica Bank California5
- Money Outlet, Inc. California5
- Westamerica Bank California5
- Westamerica Commercial Credit, Inc. California5
- Westamerica Mortgage Company — a subsidiary of Westamerica Bank California5
- Weststar Mortgage Corporation — a subsidiary of Community Banker Services Corporation California5
Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 15, 20268-K Results of operations42
- Jul 23, 20268-K Other events43
- Jul 16, 20268-K Results of operations44
- Apr 27, 20268-K Shareholder vote45
- Apr 24, 20268-K Other events46
- Apr 23, 20268-K Other events47
- Apr 16, 20268-K Results of operations48
- Jan 23, 20268-K Executive or director change49
- Jan 22, 20268-K Other events50
- Jan 15, 20268-K Results of operations51
- Dec 18, 20258-K Other events52
- Oct 23, 20258-K Other events53
- Jul 27, 2006New chief executive David L. Payne becomes CEO15
- Jul 1, 1993Parent Directly consolidated by WESTAMERICA BANCORPORATION3
- Mar 17, 1992Went public Listed on NASDAQ1
- Feb 24, 1884Founded Westamerica Bank is founded3
Calendar
Coming up
- Around Jan 14, 2027Next results, estimated About a quarter after its last report. The company hasn't announced the date.
When it reported results
- Oct 15, 2026Reported quarterly or annual results42
- Jul 16, 2026Reported quarterly or annual results44
- Apr 16, 2026Reported quarterly or annual results48
- Jan 15, 2026Reported quarterly or annual results51
- Oct 16, 2025Reported quarterly or annual results54
- Jul 17, 2025Reported quarterly or annual results55
- Apr 17, 2025Reported quarterly or annual results56
- Jan 16, 2025Reported quarterly or annual results57
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
227 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 89 insider forms, 21 large holders, 36 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 5, 202610-Q EDGAR
- Jul 24, 2026144 EDGAR
- Jul 24, 20264 PRIMARY DOCUMENT EDGAR
- Jul 23, 20268-K EDGAR
- Jul 20, 2026144 EDGAR
- Jul 20, 2026144 EDGAR
- Jul 20, 20264 PRIMARY DOCUMENT EDGAR
- Jul 20, 20264 PRIMARY DOCUMENT EDGAR
- Jul 16, 20268-K EDGAR
- Jun 26, 202611-K EDGAR
- May 8, 202610-Q EDGAR
- May 4, 20264 PRIMARY DOCUMENT EDGAR
- May 1, 2026144 EDGAR
- Apr 30, 2026SCHEDULE 13G EDGAR
- Apr 29, 2026SCHEDULE 13G EDGAR
- Apr 27, 20268-K EDGAR
- Apr 24, 2026144 EDGAR
The 227 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
26 open-market trades by officers, directors and large owners since October 2021: 8 buys and 18 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 22, 2026 | Wondeh InezDirector | Buy | 61 | $53.79 | $3.3K | Form 4 |
| Apr 20, 2026 | Baker Robert James JrSVP/Banking Division Manager | Sale | 759 | $53.83 | $40.9K | Form 4 |
| Apr 29, 2025 | Wondeh InezDirector | Buy | 451 | $48.51 | $21.9K | Form 4 |
| Apr 28, 2025 | THORSON JOHN A | Sale | 2,243 | $48.57 | $108.9K | Form 4 |
| Apr 24, 2025 | Camsey MartinDirector | Buy | 63 | $47.50 | $3.0K | Form 4 |
| Apr 24, 2025 | Baker Robert James JrSVP/Banking Division Manager | Sale | 710 | $48.16 | $34.2K | Form 4 |
| Jan 29, 2025 | Baker Robert James JrSVP/Banking Division Manager | Sale | 248 | $51.76 | $12.8K | Form 4 |
| Jul 22, 2024 | Baker Robert James JrSVP/Banking Division Manager | Sale | 705 | $52.73 | $37.2K | Form 4 |
| Apr 29, 2024 | Ensinger George SSVP/Human Resources Div. Mgr | Sale | 635 | $47.61 | $30.2K | Form 4 |
| Apr 23, 2024 | Belew Alisa JaneDirector | Buy | 208 | $47.81 | $9.9K | Form 4 |
| Apr 22, 2024 | THORSON JOHN A | Sale | 1,100 | $47.24 | $52.0K | Form 4 |
| Feb 1, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 11,272 | $46.79 | $527.4K | Form 4 |
| Jan 31, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 15,000 | $49.00 | $735.0K | Form 4 |
| Jan 30, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 10,000 | $49.51 | $495.1K | Form 4 |
| Jan 29, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 10,000 | $48.28 | $482.8K | Form 4 |
| Jan 25, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 15,000 | $49.75 | $746.2K | Form 4 |
| Jan 24, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 30,000 | $49.50 | $1.5M | Form 4 |
| Jan 23, 2024 | PAYNE DAVID LChairman, President & CEO | Sale | 8,728 | $50.95 | $444.7K | Form 4 |
| Aug 3, 2023 | Belton CurtisSVP/Risk Officer | Sale | 464 | $49.04 | $22.7K | Form 4 |
| Jul 25, 2023 | Belton CurtisSVP/Risk Officer | Sale | 26 | $48.75 | $1.2K | Form 4 |
All 26 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSCHEDULE 13G/A, 5 filings Feb 4, 2022 to Aug 14, 202658
- State Street CorporationSCHEDULE 13G, 3 filings Feb 5, 2025 to Aug 7, 202659
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202660
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202661
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202662
- PRICE T ROWE ASSOCIATES INC /MD/SC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202363
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | David L. Payne | $371.0K | $802.6K64 | |
| 2025 | Brian Donohoe | $130.0K | $547.2K64 | |
| 2025 | Anela M. Jonas | $148.9K | $531.4K64 | |
| 2025 | Russell W. Rizzardi | $126.7K | $479.9K64 | |
| 2025 | John "Robert" A. Thorson | $87.1K | $458.1K64 | |
| 2025 | Robert Baker | $130.0K | $443.2K64 | |
| 2024 | Chairman, | $371.0K | $786.7K64 | |
| 2024 | SVP & Treasurer | $149.0K | $670.4K64 | |
| 2024 | SVP & Chief | $102.6K | $437.8K64 | |
| 2024 | SVP & Banking | $130.0K | $433.5K64 | |
| 2023 | President & CEO | $371.0K | $758.7K64 | |
| 2023 | SVP & Treasurer | $149.0K | $649.9K64 | |
| 2023 | Information Officer | $130.0K | $532.4K64 | |
| 2023 | Credit Administrator | $121.0K | $457.0K64 | |
| 2023 | Division Manager | $130.0K | $433.1K64 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 3,335,703 | $195.7M | 0.0% | −113,632 |
| American Century Companies Inc | 1,958,072 | $114.9M | 0.1% | +51,202 |
| Vanguard Portfolio Management LLC | 1,720,645 | $101.0M | 0.0% | −38,905 |
| State Street Corp | 1,394,074 | $81.8M | 0.0% | +190,791 |
| Vanguard Capital Management LLC | 1,034,531 | $60.7M | 0.0% | −60,547 |
| Dimensional Fund Advisors LP | 983,639 | $57.7M | 0.0% | +38,940 |
| Geode Capital Management, LLC | 627,073 | $36.8M | 0.0% | +13,911 |
| Aqr Capital Management LLC | 495,223 | $29.1M | 0.0% | +96,177 |
| Nuveen, LLC | 382,288 | $22.4M | 0.0% | +22,943 |
| Rhino Investment Partners, Inc | 324,824 | $19.1M | 5.8% | New |
| Arrowstreet Capital, Limited Partnership | 324,191 | $19.0M | 0.0% | +40,382 |
| Two Sigma Investments, LP | 303,836 | $17.8M | 0.0% | −49,196 |
| Northern Trust Corp | 303,422 | $17.8M | 0.0% | +14,445 |
| Charles Schwab Investment Management Inc | 294,930 | $17.3M | 0.0% | −2,995 |
| Rbo & Co LLC | 275,551 | $16.2M | 2.6% | −6,647 |
| Mackenzie Financial Corp | 242,861 | $14.2M | 0.0% | New |
| Morgan Stanley | 229,998 | $13.5M | 0.0% | −25,158 |
| Goldman Sachs Group Inc | 228,465 | $13.4M | 0.0% | +1,745 |
| Bank of New York Mellon Corp | 211,466 | $12.4M | 0.0% | +1,953 |
| Vanguard Fiduciary Trust Co | 154,702 | $9.1M | 0.0% | −5,231 |
| Principal Financial Group Inc | 147,747 | $8.7M | 0.0% | −3,402 |
| Leeward Investments, LLC - MA | 135,284 | $7.9M | 0.4% | −2,896 |
| UBS Group AG | 132,554 | $7.8M | 0.0% | −27,307 |
| Invesco Ltd. | 122,748 | $7.2M | 0.0% | −9,470 |
| First Trust Advisors LP | 115,550 | $6.8M | 0.0% | −15,432 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Westamerica Bank is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARWESTAMERICA BANCORPORATION2
- CIK0000311094
- Employer ID (EIN)94-21562036
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
- Incorporated inCalifornia6
- Fiscal year endsDecember 312
- Industry code (SIC)6021 National Commercial Banks2
- SEC reviewing officeOffice of Finance, Division of Corporation Finance2
- Business address1108 Fifth Ave, San Rafael, CA 949012
- Mailing address4550 Mangels Blvd, A-2Y, Fairfield, CA 94534-40822
- Phone(707) 863-60002
- Shares outstanding23,111,153 as of Jul 30, 202613
- Public float$1.2B as of Jun 30, 20256
- AuditorCrowe LLP, Sacramento, California PCAOB ID 173; it also attests to the company’s internal control over financial reporting6
- On EDGAR sinceMar 21, 19942
- Filings1,275 in all: 4 (547), 8-K (270), 10-Q (98), SC 13G/A (85), 10-K (33), DEF 14A (33), 11-K (28), 4/A (23)2
All 36 form types
3 (19), SC 13G (19), DEFA14A (16), UPLOAD (13), 144 (12), CORRESP (9), S-8 (9), S-4 (7), S-4/A (7), 424B3 (5), SCHEDULE 13G (5), 5 (4), ARS (4), 10-K/A (3), 8-K/A (3), S-8 POS (3), SC 13D (3), 15-12G (2), 15-12G/A (2), 425 (2), 8-A12G/A (2), PRE 14A (2), SCHEDULE 13G/A (2), 424B5 (1), 8-A12B (1), DEFR14A (1), NT 11-K (1), S-3ASR (1)
- Latest filingsAnnual report (10-K) Feb 27, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Mar 13, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, no par value | WABC | NASDAQ |
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks Westamerica Bank names in Item 1A of its 10-K filed Feb 27, 2026: 24 risks under these headings, as written.6
- Market and Interest Rate Risk
- Changes in interest rates could reduce income and cash flow.
- The Company could realize losses if it were required to sell securities in its held-to-maturity securities portfolio to meet liquidity needs.
- Changes in capital market conditions could reduce asset valuations.
- The value of securities in the Company’s investment securities portfolio may be negatively affected by disruptions in securities markets.
- Negative developments affecting the banking industry, such as bank failures, may have a material adverse effect on the Company.
- The weakness of other financial institutions could adversely affect the Company.
- Shares of Company common stock eligible for future sale or grant of stock options and other equity awards could have a dilutive effect on the market for Company common stock and could adversely affect the market price.
- The Company could repurchase shares of its common stock at price levels considered excessive.
- Risks Related to the Nature and Geographical Location of the Company’s Business
- The Company invests in loans that contain inherent credit risks that may cause the Company to incur losses.
- The Company’s operations are concentrated geographically in California, and poor economic conditions may cause the Company to incur losses.
The other 14 risks
- The markets in which the Company operates are subject to the risk of earthquakes, fires, storms and other natural disasters.
- Adverse changes in general business or economic conditions, including inflation, could have a material adverse effect on the Company’s financial condition and results of operations.
- Regulatory Risks
- Restrictions on dividends and other distributions could limit amounts payable to the Company.
- The Company’s payment of dividends on common stock could be eliminated or reduced.
- Adverse effects of changes in banking or other laws and regulations or governmental fiscal or monetary policies could adversely affect the Company.
- Federal and state governments could pass legislation detrimental to the Company’s performance.
- Systems, Accounting and Internal Control Risks
- The accuracy of the Company’s judgments and estimates about financial and accounting matters will impact operating results and financial condition.
- The Company’s information systems or those of its vendors may experience an interruption or breach in security.
- The Company’s controls and procedures may fail or be circumvented.
- Operational Risks
- Climate change and the transition to renewable energy and a net zero emissions economy pose operational, commercial and regulatory risks.
- If the Company loses the services of any of our key management personnel, its business could suffer.
- The Company competes with many banks and other traditional, non-traditional, brick and mortar and online financial service providers.
- The Company must continue to attract, retain and develop key personnel.
- The Company is subject to environmental liability risk associated with lending activities.
Legal proceedings
Due to the nature of its business, the Company is subject to various threatened or filed legal cases. Neither the Company nor any of its subsidiaries is a party to any material pending legal proceeding, nor is their property the subject of any material pending legal proceeding, other than ordinary routine legal proceedings arising in the ordinary course of the Company’s business. Based on the advice of legal counsel, the Company does not expect such cases will have a material, adverse effect on its business, financial position or results of operations. Legal liabilities are accrued when obligations become probable and the amount can be reasonably estimated.
The opening of Item 3, Legal Proceedings.6
Links
- Websitewww.westamerica.com1
- Websitewww.westamerica.com1
- WikidataQ7987101
- SEC EDGARCIK 311094
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataWestamerica Bank on Wikidata
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- 19SEC EDGARMatthew John Mihalik, SVP/Treasurer
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- 22SEC EDGARJohn A. Thorson, SVP/Treasurer
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- 33SEC EDGARMartin Camsey, Board member
- 34SEC EDGARAlisa Jane Belew, Board member
- 35SEC EDGARInez Wondeh, Board member
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- 37SEC EDGARMichele R. Hassid, Board member
- 38SEC EDGARLouis E. Bartolini, Board member
- 39SEC EDGARE. Joseph Bowler, Board member
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- 41SEC EDGAREdward B. Sylvester, Board member
- 42SEC EDGARResults of operations
- 43SEC EDGAROther events
- 44SEC EDGARResults of operations
- 45SEC EDGARShareholder vote
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- 47SEC EDGAROther events
- 48SEC EDGARResults of operations
- 49SEC EDGARExecutive or director change
- 50SEC EDGAROther events
- 51SEC EDGARResults of operations
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