Westamerica Bancorporation (WABC) Stock Price, News & Analysis

Company Overview

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 accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was founded in 1884 and is headquartered in San Rafael, California.

Key Stats

• Today's Range: $48.02 to $49.14
• 50-Day Range: $45.91 to $51.89
• 52-Week Range: $42.00 to $59.97
• Volume: 108,732 shs
• Average Volume: 153,180 shs
• Market Capitalization: $1.28 billion
• P/E Ratio: 10.26
• Dividend Yield: 3.75%
• Price Target: $52.00
• Consensus Rating: Hold

Westamerica Bancorporation Stock Analysis - MarketRank™

Westamerica Bancorporation scored higher than 49% of companies evaluated by MarketBeat, and ranked 639th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Westamerica Bancorporation has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Westamerica Bancorporation has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -9.20%

Earnings Growth

Earnings for Westamerica Bancorporation are expected to decrease by -9.20% in the coming year, from $4.35 to $3.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Westamerica Bancorporation is 10.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Westamerica Bancorporation is 10.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.06.

Price to Book Value per Share Ratio

Westamerica Bancorporation has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.87% of the float of Westamerica Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

Westamerica Bancorporation has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Westamerica Bancorporation has recently increased by 350.03%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Westamerica Bancorporation is a leading dividend payer. It pays a dividend yield of 3.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Westamerica Bancorporation has been increasing its dividend for 34 years.

Dividend Coverage

The dividend payout ratio of Westamerica Bancorporation is 38.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Westamerica Bancorporation will have a dividend payout ratio of 46.58% next year. This indicates that Westamerica Bancorporation will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.87% of the float of Westamerica Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

Westamerica Bancorporation has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Westamerica Bancorporation has recently increased by 350.03%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 1.00

News Sentiment

Westamerica Bancorporation has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Westamerica Bancorporation this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Westamerica Bancorporation insiders have sold 397.96% more of their company's stock than they have bought. Specifically, they have bought $21,878.00 in company stock and sold $108,943.00 in company stock.

Percentage Held by Insiders

Only 5.30% of the stock of Westamerica Bancorporation is held by insiders.

Percentage Held by Institutions

81.89% of the stock of Westamerica Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WABC Stock Analysis - Frequently Asked Questions

How have WABC shares performed this year?

Westamerica Bancorporation's stock was trading at $52.46 at the start of the year. Since then, WABC shares have decreased by 6.5% and is now trading at $49.05.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) posted its quarterly earnings results on Thursday, July, 17th. The financial services provider reported $1.12 EPS for the quarter, topping the consensus estimate of $1.11 by $0.01. The financial services provider had revenue of $64.88 million for the quarter, compared to analysts' expectations of $65.80 million. Westamerica Bancorporation had a net margin of 43.69% and a trailing twelve-month return on equity of 13.81%.

Who are Westamerica Bancorporation's major shareholders?

Top institutional shareholders of Westamerica Bancorporation include State of Alaska Department of Revenue (0.06%), Allspring Global Investments Holdings LLC (0.04%), Inspire Investing LLC (0.03%) and CWM LLC (0.03%). Insiders that own company stock include David L Payne, John A Thorson, George S Ensinger, Robert James Baker Jr, Inez Wondeh, Michele R Hassid, Alisa Jane Belew, Martin Camsey, Robert James Baker, Jr and Curtis Belton.
View institutional ownership trends.

How do I buy shares of Westamerica Bancorporation?

Shares of WABC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Westamerica Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Westamerica Bancorporation investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Record date for 5/16 Dividend: 5/05/2025
• Ex-Dividend for 5/16 Dividend: 5/05/2025
• Dividend Payable: 5/16/2025
• Last Earnings: 7/17/2025
• Today: 7/25/2025
• Record date for 8/15 Dividend: 8/04/2025
• Dividend Payable: 8/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - WEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:WABC
• CIK: 311094
• Web: www.westamerica.com
• Phone: (415) 257-8000
• Fax: 415-257-8013
• Employees: 590
• Year Founded: 1884

Price Target and Rating

• Average Price Target for Westamerica Bancorporation: $52.00
• High Price Target: $54.00
• Low Price Target: $50.00
• Potential Upside/Downside: +6.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.78
• Trailing P/E Ratio: 10.24
• Forward P/E Ratio: 11.26
• P/E Growth: N/A
• Net Income: $138.64 million
• Net Margins: 43.69%
• Pretax Margin: 59.37%
• Return on Equity: 13.81%
• Return on Assets: 2.09%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.29
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $311.17 million
• Price / Sales: 4.12
• Cash Flow: $5.42 per share
• Price / Cash Flow: 9.04
• Book Value: $35.21 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 26,180,000
• Free Float: 24,793,000
• Market Cap: $1.28 billion
• Optionable: Optionable
• Beta: 0.64