David Payne - Westamerica Bancorporation Chairman

WABC Stock  USD 58.23  0.63  1.09%   

Chairman

Mr. David L. Payne is Chairman of the Board, President and Chief Executive Officer of the Company. He was appointed Chairman in 1988 and Chief Executive Officer in 1989 and is Chairman of the Executive Committee. Mr. Payne is also Chairman, President CEO of Westamerica Bank. He brings to the Board strong leadership and a vision for the future. He has a thorough knowledge of the banking industry, manages regulatory and business development issues, and has extensive financial and accounting expertise. Mr. Payne possesses excellent management, strategic development and business skills. Since Mr. Paynes appointment as Chairman of the Board, Westamericas dividends per share have risen twelvefold and capital levels have increased tenfold. Total assets have quadrupled during his tenure and net income has risen by a multiple of 15. Return on equity was 11.3 percent for the year ended December 31, 2018. Mr. Payne has successfully negotiated and led the Company through many mergers including John Muir National Bank, Napa Valley Bancorporation, PV Financial, CapitolBank Sacramento, North Bay Bancorp, ValliCorporationHoldings, First Counties Bank, Kerman State Bank, Redwood Empire Bancorp, County Bank, and Sonoma Valley Bank. Mr. Payne also manages his family printing, publishing and cable television business.
Age 69
Address 1108 Fifth Avenue, San Rafael, CA, United States, 94901
Phone707 863 6000
Webhttps://www.westamerica.com
Payne is also Chairman, President & CEO of Westamerica Bank.

David Payne Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Payne against Westamerica Bancorporation stock is an integral part of due diligence when investing in Westamerica Bancorporation. David Payne insider activity provides valuable insight into whether Westamerica Bancorporation is net buyers or sellers over its current business cycle. Note, Westamerica Bancorporation insiders must abide by specific rules, including filing SEC forms every time they buy or sell Westamerica Bancorporation'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Westamerica Bancorporation Management Efficiency

The company has return on total asset (ROA) of 0.023 % which means that it generated a profit of $0.023 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.188 %, meaning that it created $0.188 on every $100 dollars invested by stockholders. Westamerica Bancorporation's management efficiency ratios could be used to measure how well Westamerica Bancorporation manages its routine affairs as well as how well it operates its assets and liabilities. At present, Westamerica Bancorporation's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Westamerica Bancorporation's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.03, whereas Total Assets are forecasted to decline to about 4.7 B.
Westamerica Bancorporation currently holds 18.81 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Westamerica Bancorporation's use of debt, we should always consider it together with its cash and equity.

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Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company was incorporated in 1972 and is headquartered in San Rafael, California. Westamerica Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 534 people. Westamerica Bancorporation (WABC) is traded on NASDAQ Exchange in USA. It is located in 1108 Fifth Avenue, San Rafael, CA, United States, 94901 and employs 641 people. Westamerica Bancorporation is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Westamerica Bancorporation Leadership Team

Elected by the shareholders, the Westamerica Bancorporation's board of directors comprises two types of representatives: Westamerica Bancorporation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westamerica. The board's role is to monitor Westamerica Bancorporation's management team and ensure that shareholders' interests are well served. Westamerica Bancorporation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westamerica Bancorporation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Curtis Belton, Senior Officer
Jesse Leavitt, VP CFO
Anela Jonas, Senior Officer
Kris Irvine, VP Secretary
Russell Rizzardi, Senior Vice President and Chief Credit Administrator of Westamerica Bank
Diane Cunningham, Corporate Secretary
David Payne, Chairman, CEO and President CEO of Westamerica Bank and President of Westamerica Bank, Chairman of Westamerica Bank and Chairman of Executive Committee
Robert Baker, Regional Division
John Thorson, CFO, Chief Accounting Officer and Sr. VP
Brian Donohoe, Manager - Operations & System
George Ensinger, Senior Manager

Westamerica Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westamerica Bancorporation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westamerica Bancorporation. If investors know Westamerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westamerica Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.76
Earnings Share
5.49
Revenue Per Share
11.398
Quarterly Revenue Growth
(0.10)
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.