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David L. Payne received $403K in total compensation as President & CEO of WESTAMERICA BANCORPORATION in FY2025. The largest component was $371K in base salary. That’s up 0% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, David L. Payne, President & CEO of WESTAMERICA BANCORPORATION (WABC), received total compensation of $403K.
David L. Payne's compensation breakdown includes: base salary of $371K, and other compensation of $32K.
Compared to fiscal year 2024, David L. Payne's total compensation increased 0% from $402K to $403K.
WESTAMERICA BANCORPORATION's top 6 named executive officers received combined total compensation of $2.5 million in fiscal year 2025.
The named executive officers disclosed in WESTAMERICA BANCORPORATION's 2025 proxy statement are:David L. Payne (President & CEO) with total compensation of $403K, Brian Donohoe (Information Officer) with total compensation of $461K, John "Robert" A. Thorson (SVP & Treasurer) with total compensation of $458K, Anela M. Jonas (SVP & Chief) with total compensation of $432K, Russell W. Rizzardi (Credit Administrator) with total compensation of $414K, and Robert Baker (Division Manager) with total compensation of $369K.
Source Filing
Executive Record
David L. Payne
President & CEO
Reported Pay
$403K
Summary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $403K against -9% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +0%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for WABC.
Team view
6 executives
President & CEO
Total PayFY2025
$403K
Information Officer
Total PayFY2025
$461K
SVP & Treasurer
Total PayFY2025
$458K
SVP & Chief
Total PayFY2025
$432K
Credit Administrator
Total PayFY2025
$414K
Division Manager
Total PayFY2025
$369K
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01FY2025 total compensation breakdown
$402.6K total compensation
David L. Payne earned $402.6K in FY2025— here's how that breaks down.
$371.0K
92% of total
$31.6K
8% of total
Activity timeline · FY2025
Recent events from filings
Jan 23, 2025
David L. Payne Equity award
Jan 23, 2025
John "Robert" A. Thorson stock (Grant FV $127,403)
Jan 23, 2025
John "Robert" A. Thorson stock (Grant FV $208,269, Exercise $51.58)
Jan 23, 2025
Anela M. Jonas Equity award
Jan 23, 2025
Anela M. Jonas stock (Grant FV $82,528)
Jan 23, 2025
Anela M. Jonas stock (Grant FV $156,915, Exercise $51.58)
Jan 23, 2025
Brian Donohoe Equity award
Jan 23, 2025
Brian Donohoe stock (Grant FV $110,897)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the small-cap median compensation benchmark for companies around $1.4B market cap, based on 230 peers in this size band.
03Recent insider trades by officers and directors
~24 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.37M | $0.00M | $0.00M | $0.00M | $0.03M | $0.40M | |
| 2024 | $0.37M | $0.00M | $0.00M | $0.00M | $0.03M | $0.40M | |
| 2023 | $0.37M | $0.00M | $0.00M | $0.00M | $0.03M | $0.40M | |
| 2022 | $0.37M | $0.00M | $0.00M | $0.00M | $0.03M | $0.40M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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WESTAMERICA BANCORPORATION (WABC) — Key Facts
Last updated May 5, 2026 · DEF 14A filed Mar 13, 2026
| CEO | David L. Payne, President & CEO |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $403K |
| Base salary | $371K |
| Other compensation | $32K |
| Year-over-year change | +0% |
| Source | DEF 14A, 2026-03-13 |
David L. Payne, the President & CEO of WESTAMERICA BANCORPORATION, received total compensation of $402,645 in fiscal year 2025. This includes base salary of $371,000.
David L. Payne's base salary at WESTAMERICA BANCORPORATION is $371,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $402,645.
WESTAMERICA BANCORPORATION's CEO, David L. Payne, earned $402,645 in total compensation for fiscal year 2025.