Westamerica Bancorporation

Westamerica Bancorporation is a bank holding company headquartered in San Rafael, California, operating primarily through its subsidiary, Westamerica Bank. Established in 1884, the company functions as a regional community bank, providing consumer and commercial financing across Northern and Central California. Its core business strategy emphasizes low-cost deposit gathering and conservative credit discipline, aiming for strong financial health and stability.

The bank offers a comprehensive suite of financial products and services tailored to individuals, small and mid-sized businesses, professionals, and non-profit organizations. These offerings include various deposit accounts, a range of lending solutions such as commercial, real estate, and consumer loans, as well as treasury management, trust and wealth management services. Additionally, Westamerica provides modern banking conveniences like online and mobile banking, credit cards, merchant services, and payroll solutions.

Under the long-standing leadership of Chairman, President, and CEO David L. Payne, who was appointed CEO in 1989, Westamerica Bancorporation maintains a strong market position. The company is recognized for its exceptional asset quality and capital ratios, consistently exceeding regulatory standards and earning accolades as a top-performing community bank by industry analysts and publications like Bank Director and Forbes. As of early 2026, Westamerica reported solid first-quarter financial results, with net income of $27.4 million and diluted earnings per share of $1.13, and has recently increased its quarterly cash dividend and stock repurchase plan authorization. The bank operates over 70 branches and two trust offices throughout its service area.