Westamerica Bancorporation Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
David Payne
Chief executive officer
US$758.7k
Total compensation
| CEO salary percentage | 48.9% |
| CEO tenure | 36yrs |
| CEO ownership | 4.2% |
| Management average tenure | 1yr |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Westamerica Bancorporation's (NASDAQ:WABC) Dividend Will Be $0.44
Jan 28
Westamerica Bancorporation's (NASDAQ:WABC) Dividend Will Be $0.44
Oct 29Westamerica Bancorporation (NASDAQ:WABC) Is Paying Out A Dividend Of $0.44
Jul 30Westamerica Bancorporation: Market's Overreaction Creates Opportunity
Apr 20With EPS Growth And More, Westamerica Bancorporation (NASDAQ:WABC) Makes An Interesting Case
Apr 17Westamerica Bancorporation's (NASDAQ:WABC) Dividend Will Be $0.42
Feb 01Westamerica Bancorporation (NASDAQ:WABC) Has Affirmed Its Dividend Of $0.42
Nov 01Westamerica declares $0.42 dividend, new buyback program
Jul 28Westamerica Bancorp: Too Conservative With Limited Growth
Jan 26With EPS Growth And More, Westamerica Bancorporation (NASDAQ:WABC) Is Interesting
Oct 25Westamerica Bancorporation (NASDAQ:WABC) Has Announced A Dividend Of US$0.41
Jul 26Should You Be Adding Westamerica Bancorporation (NASDAQ:WABC) To Your Watchlist Today?
May 24We Discuss Why Westamerica Bancorporation's (NASDAQ:WABC) CEO May Deserve A Higher Pay Packet
Apr 16Westamerica Bancorporation (NASDAQ:WABC) Has Compensated Shareholders With A Respectable 55% Return On Their Investment
Mar 09Westamerica Bancorporation (NASDAQ:WABC) Goes Ex-Dividend Soon
Feb 01
Revenue Beat: Westamerica Bancorporation Exceeded Revenue Forecasts By 9.7% And Analysts Are Updating Their Estimates
Jan 25What Type Of Shareholders Own The Most Number of Westamerica Bancorporation (NASDAQ:WABC) Shares?
Dec 29How Much Are Westamerica Bancorporation (NASDAQ:WABC) Insiders Taking Off The Table?
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$139m |
| Sep 30 2024 | n/a | n/a | US$146m |
| Jun 30 2024 | n/a | n/a | US$153m |
| Mar 31 2024 | n/a | n/a | US$158m |
| Dec 31 2023 | US$759k | US$371k | US$162m |
| Sep 30 2023 | n/a | n/a | US$162m |
| Jun 30 2023 | n/a | n/a | US$155m |
| Mar 31 2023 | n/a | n/a | US$140m |
| Dec 31 2022 | US$750k | US$371k | US$122m |
| Sep 30 2022 | n/a | n/a | US$104m |
| Jun 30 2022 | n/a | n/a | US$92m |
| Mar 31 2022 | n/a | n/a | US$89m |
| Dec 31 2021 | US$751k | US$371k | US$87m |
| Sep 30 2021 | n/a | n/a | US$89m |
| Jun 30 2021 | n/a | n/a | US$87m |
| Mar 31 2021 | n/a | n/a | US$84m |
| Dec 31 2020 | US$699k | US$371k | US$80m |
| Sep 30 2020 | n/a | n/a | US$77m |
| Jun 30 2020 | n/a | n/a | US$78m |
| Mar 31 2020 | n/a | n/a | US$78m |
| Dec 31 2019 | US$695k | US$371k | US$80m |
| Sep 30 2019 | n/a | n/a | US$79m |
| Jun 30 2019 | n/a | n/a | US$75m |
| Mar 31 2019 | n/a | n/a | US$74m |
| Dec 31 2018 | US$641k | US$371k | US$72m |
Compensation vs Market: David's total compensation ($USD758.70K) is below average for companies of similar size in the US market ($USD5.30M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Payne (69 yo)
36yrs
Tenure
US$758,701
Compensation
Mr. David L. Payne serves as the Chairman and Chief Executive Officer at Westamerica Bancorporation since 1988 and 1989 respectively and serves as its President. Mr. Payne is also Chairman, President & Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 36yrs | US$758.70k | 4.23% $ 58.3m | |
| Senior VP & Chief Information Officer | 6yrs | US$532.42k | 0.021% $ 285.9k | |
| Senior VP & Chief Credit Administrator of Westamerica Bank | no data | US$457.01k | no data | |
| Senior VP & Banking Division Manager | no data | US$433.13k | 0.015% $ 204.1k | |
| Senior VP & Chief Financial Officer | less than a year | no data | 0.0092% $ 127.2k | |
| Corporate Executive Secretary | no data | no data | no data | |
| Senior VP & Human Resources Division Manager | 6yrs | US$391.47k | 0.024% $ 325.5k | |
| Senior VP & Risk Officer | 1yr | no data | 0.0012% $ 17.1k | |
| VP & Corporate Secretary | no data | no data | no data | |
| Senior VP & Treasurer | no data | no data | no data | |
| Regional VP & Sr. Regional Mkt Manager | no data | no data | 0.020% $ 280.3k |
1.0yrs
Average Tenure
69yo
Average Age
Experienced Management: WABC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 41yrs | US$758.70k | 4.23% $ 58.3m | |
| Independent Director | 21.4yrs | US$43.00k | 0.097% $ 1.3m | |
| Lead Independent Director | 46yrs | US$55.86k | 0.22% $ 3.0m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.3yrs | US$44.60k | 0.0023% $ 32.1k | |
| Independent Director | 5yrs | US$42.73k | 0.00094% $ 13.0k | |
| Independent Director | 3.1yrs | US$40.04k | 0.0019% $ 25.5k | |
| Independent Director | 1.3yrs | US$8.50k | 0.00078% $ 10.7k |
5.2yrs
Average Tenure
65yo
Average Age
Experienced Board: WABC's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 22:51 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Westamerica Bancorporation is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leanne Caravaggio | BMO Capital Markets Equity Research |
| Lana Chan | BMO Capital Markets Equity Research |
| Lana Chan | BMO Capital Markets U.S. (Historical) |