Here are the DEF 14A proxy statements from Westamerica Bancorporation (WABC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow WABC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WABC filings page.
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.