Welcome to our dedicated page for Westamerica Bancorporation SEC filings (Ticker: WABC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Westamerica Bancorporation (WABC) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Westamerica Bancorporation is a California corporation and bank holding company for Westamerica Bank, with common stock registered under Section 12(b) of the Exchange Act and listed on The Nasdaq Stock Market under the symbol WABC.
Through this page, readers can review annual reports on Form 10-K and quarterly reports on Form 10-Q, which the company cites in its forward-looking statement disclosures. These filings contain detailed information on net interest income, noninterest income, noninterest expense, credit quality, capital ratios, deposits, loans, investment securities and risk factors relevant to its commercial banking operations in Northern and Central California.
The filings page also surfaces current reports on Form 8-K, which Westamerica uses to report material events. Recent 8-K filings reference press releases announcing quarterly financial results, dividend declarations, stock repurchase plan approvals and certain corporate governance matters, such as the retirement of a member of the Board of Directors. These documents link specific events to the company’s broader financial and strategic context.
In addition, users can access insider transaction reports on Form 4 and other ownership-related filings when available, to see how directors and officers transact in WABC shares over time. Stock Titan enhances these filings with AI-powered summaries that explain key sections, highlight important numbers and clarify technical language, helping readers interpret lengthy 10-K and 10-Q reports or detailed 8-K disclosures more efficiently.
Filings are updated as they become available on EDGAR, allowing investors, analysts and other interested parties to follow Westamerica Bancorporation’s regulatory reporting history and understand the financial and governance information the company provides to the market.
Westamerica Bancorporation is asking shareholders to vote at its April 23, 2026 annual meeting on three main items: electing eight directors, approving a non-binding advisory vote on executive pay, and ratifying the independent auditor. Shareholders of record on March 4, 2026, when 24,189,404 shares were outstanding, can vote in person or by proxy.
Seven of eight directors are independent under NASDAQ rules, with a combined Chairman/CEO role held by David L. Payne and a designated Lead Independent Director. The board uses multiple committees, including Audit, Compensation, Nominating and Compliance, to oversee risk, financial reporting and governance.
Executive pay combines base salary, annual cash incentives and long-term equity awards tied to multi‑year performance metrics such as diluted EPS, return on assets and return on equity. For 2025, corporate performance was assessed at 112% of target, and CEO David Payne received a $400,000 cash incentive on a $371,000 salary. Pay-versus-performance disclosure shows 2025 net income of $116.2 million and return on average equity of 11.2%, with a total shareholder return index value of 103.30 versus 138.29 for the NASDAQ Bank Index peer group.
WESTAMERICA BANCORPORATION director files initial ownership report showing no shares held. Director Welch Carter Andrew reported beneficial ownership of 0 shares of Common Stock, both directly and indirectly, as of the reported date, and the filing shows no buy or sell transactions.
Westamerica Bancorporation executive reports tax-withholding share disposition. SVP and Chief Information Officer Brian J. Donohoe reported a Form 4 transaction involving common stock tied to vested equity awards.
On March 2, 2026, a trust associated with Donohoe disposed of 1,010 shares of common stock at $50.90 per share in a tax-withholding disposition related to vesting of 2,040 Restricted Performance Shares in January 2026. These shares were withheld to cover the tax liability rather than sold in an open-market trade.
After this transaction, indirect holdings by trust stood at 3,814 shares. Donohoe also reported 46.8411 shares of common stock held directly and 2,052.978 shares held indirectly through an ESOP, reflecting his remaining ownership positions.
Westamerica Bancorporation senior vice president Robert James Baker Jr. reported a tax-related share disposition. On the vesting of 1,360 Restricted Performance Shares in January 2026, 601 shares of common stock were withheld at
Westamerica Bancorporation senior vice president George S. Ensinger reported a tax-related share disposition. On March 2, 2026, 1,156 shares of common stock were withheld at
After this, he held 6,565 common shares directly, plus additional direct and ESOP-related holdings that include shares from dividend reinvestment.
Westamerica Bancorporation$116.2 million, down from $138.6 million in 2024 and $161.8 million in 2023, equal to $4.52 diluted EPS. Return on assets was 1.91% and return on common equity 11.23%, reflecting still-solid profitability.
Net interest and loan fee income fell to $217.3 million as the fully taxable equivalent net interest margin compressed to 3.82%. Noninterest expense was tightly managed at $101.9 million, producing an efficiency ratio of 39.3%. Results included a small $550 thousand reversal of credit loss provision and $208 thousand in bank-owned life insurance gains.
Total assets were $6.0 billion at December 31, 2025, with loans of $726.5 million, deposits of $4.84 billion and shareholders’ equity of $933.5 million. Capital remained strong, with a total risk-based capital ratio of 23.05% and tangible equity to tangible assets of 13.90%. The company paid $1.82 in common dividends per share, a 40% payout ratio, and continued buybacks, repurchasing 485 thousand shares in Q4 2025 at an average price of $48.13 under authorizations for up to 2 million shares.
Management highlights key risks including interest-rate sensitivity, concentrated operations in California real estate markets, securities valuation volatility, potential higher FDIC insurance costs, climate-related physical and transition risks, and cybersecurity threats. The company reports no material cybersecurity incidents in 2025 and emphasizes strong regulatory capital, detailed credit risk management, and an NIST-based information security program.
Westamerica Bancorporation reported that SVP/CFO Jonas Anela Marya acquired 15 shares of common stock on a grant or award basis at
Westamerica Bancorporation officer Matthew John Mihalik, SVP/Treasurer, filed an initial Form 3 reporting beneficial ownership of 0 shares of common stock, both directly and indirectly, as of January 12, 2026. The filing notes it was submitted late because the Form ID application, sent on January 14, 2026, was not approved and a CIK assigned until January 29, 2026.
Westamerica Bancorporation SVP and Chief Information Officer Brian J. Donohoe reported equity compensation activity and a correction to prior share balances. On 01/22/2026 he acquired 2,040 shares of common stock at $0, reflecting vested restricted performance shares granted in 2023.
Following this, he directly holds 2,086.8411 common shares, 2,052.978 shares through an ESOP, and 2,784 shares indirectly via a trust. He was also granted a non-qualified stock option for 20,500 shares at an exercise price of $51.15 per share, vesting ratably over three years beginning 01/22/2027 and expiring 01/22/2036. The filing also corrects an earlier misclassification of vested restricted performance shares between directly held stock and shares owned by the trust.