S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
A $226B Copper Spending Jackpot (Ad)
Santa Claus Rally? Here’s What Needs to Happen
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Powell: Fed to keep rates higher for longer to cut inflation
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
A $226B Copper Spending Jackpot (Ad)
Santa Claus Rally? Here’s What Needs to Happen
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Powell: Fed to keep rates higher for longer to cut inflation
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
A $226B Copper Spending Jackpot (Ad)
Santa Claus Rally? Here’s What Needs to Happen
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Powell: Fed to keep rates higher for longer to cut inflation
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
A $226B Copper Spending Jackpot (Ad)
Santa Claus Rally? Here’s What Needs to Happen
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Powell: Fed to keep rates higher for longer to cut inflation
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?

Westamerica Bancorporation - WABC Stock Forecast, Price & News

$61.75
+1.80 (+3.00%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$58.49
$61.87
50-Day Range
$52.22
$63.39
52-Week Range
$52.04
$63.86
Volume
275,200 shs
Average Volume
114,636 shs
Market Capitalization
$1.66 billion
P/E Ratio
15.91
Dividend Yield
2.80%
Price Target
$69.00

Westamerica Bancorporation MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.7% Upside
$69.00 Price Target
Short Interest
Healthy
2.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$10,454 Bought Last Quarter
Proj. Earnings Growth
39.87%
From $4.54 to $6.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.18 out of 5 stars

Finance Sector

28th out of 907 stocks

National Commercial Banks Industry

4th out of 88 stocks

WABC stock logo

About Westamerica Bancorporation (NASDAQ:WABC) Stock

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. It operates through 78 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was incorporated in 1972 and is headquartered in San Rafael, California.

Receive WABC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Westamerica Bancorporation and its competitors with MarketBeat's FREE daily newsletter.

WABC Stock News Headlines

WABC Crosses Above Key Moving Average Level
A $226B Copper Spending Jackpot
On November 15, 2021, President Biden signed the biggest infrastructure spending bill of all time. A staggering $226 BILLION is earmarked for projects requiring huge amounts of copper. Turns out, copper is a desperately needed mineral to power the green revolution of clean, renewable energy.
WestAmerica Bancorporation is Now Oversold (WABC)
Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
What Makes Westamerica (WABC) a New Strong Buy Stock
Westamerica (WABC) Could Be a Great Choice
See More Headlines
Receive WABC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Westamerica Bancorporation and its competitors with MarketBeat's FREE daily newsletter.

WABC Company Calendar

Last Earnings
10/20/2021
Ex-Dividend for 11/18 Dividend
11/04/2022
Dividend Payable
11/18/2022
Today
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/19/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:WABC
CUSIP
95709010
Employees
534
Year Founded
1884

Price Target and Rating

Average Stock Price Forecast
$69.00
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+11.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$86.51 million
Pretax Margin
58.47%

Debt

Sales & Book Value

Annual Sales
$216.79 million
Cash Flow
$3.74 per share
Book Value
$20.03 per share

Miscellaneous

Free Float
25,782,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
0.68

Social Links


Key Executives

  • Mr. David L. PayneMr. David L. Payne (Age 67)
    Chairman, Pres & CEO
    Comp: $700.56k
  • Mr. Jesse Leavitt (Age 37)
    Sr. VP & CFO
    Comp: $198.37k
  • Mr. Russell W. Rizzardi (Age 67)
    Sr. VP & Chief Credit Administrator of Westamerica Bank
    Comp: $197.9k
  • Mr. Brian J. Donohoe (Age 41)
    SVP and Mang. of Operations & Systems Admin. of Community Banker Services Corp.
    Comp: $254.48k
  • Mr. John A. Thorson (Age 62)
    Sr. VP & Treasurer
    Comp: $318.11k
  • Ms. Diane Cunningham
    Corp. Exec. Sec.
  • Mr. George S. EnsingerMr. George S. Ensinger (Age 68)
    Sr. VP & HR Division Mang.
  • Mr. Kris Irvine
    VP & Corp. Sec.













WABC Stock - Frequently Asked Questions

Should I buy or sell Westamerica Bancorporation stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WABC shares.
View WABC analyst ratings
or view top-rated stocks.

What is Westamerica Bancorporation's stock price forecast for 2023?

1 Wall Street analysts have issued 1 year price targets for Westamerica Bancorporation's stock. Their WABC share price forecasts range from $58.00 to $80.00. On average, they predict the company's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for WABC
or view top-rated stocks among Wall Street analysts.

How have WABC shares performed in 2022?

Westamerica Bancorporation's stock was trading at $57.73 on January 1st, 2022. Since then, WABC stock has increased by 7.0% and is now trading at $61.75.
View the best growth stocks for 2022 here
.

When is Westamerica Bancorporation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 19th 2023.
View our WABC earnings forecast
.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) released its quarterly earnings data on Wednesday, October, 20th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.02. The financial services provider earned $54.60 million during the quarter, compared to the consensus estimate of $53.57 million. Westamerica Bancorporation had a net margin of 43.31% and a trailing twelve-month return on equity of 15.56%.

How often does Westamerica Bancorporation pay dividends? What is the dividend yield for Westamerica Bancorporation?

Westamerica Bancorporation announced a quarterly dividend on Thursday, October 27th. Stockholders of record on Monday, November 7th will be paid a dividend of $0.42 per share on Friday, November 18th. This represents a $1.68 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend is Friday, November 4th.
Read our dividend analysis for WABC
.

Is Westamerica Bancorporation a good dividend stock?

Westamerica Bancorporation (NASDAQ:WABC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 2.80%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WABC will have a dividend payout ratio of 26.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WABC.

What is David L. Payne's approval rating as Westamerica Bancorporation's CEO?

37 employees have rated Westamerica Bancorporation Chief Executive Officer David L. Payne on Glassdoor.com. David L. Payne has an approval rating of 36% among the company's employees. This puts David L. Payne in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Westamerica Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westamerica Bancorporation investors own include Union Pacific (UNP), Walgreens Boots Alliance (WBA), Franklin Resources (BEN), CenterPoint Energy (CNP), Walt Disney (DIS), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer (ET), Huntington Bancshares (HBAN) and Helmerich & Payne (HP).

What is Westamerica Bancorporation's stock symbol?

Westamerica Bancorporation trades on the NASDAQ under the ticker symbol "WABC."

Who are Westamerica Bancorporation's major shareholders?

Westamerica Bancorporation's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.73%), Vanguard Group Inc. (11.96%), Price T Rowe Associates Inc. MD (7.84%), State Street Corp (4.27%), Dimensional Fund Advisors LP (2.57%) and Bank of New York Mellon Corp (1.08%). Insiders that own company stock include Edward B Sylvester, George S Ensinger, Michele R Hassid and Millan Catherine C Mac.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Westamerica Bancorporation's stock price today?

One share of WABC stock can currently be purchased for approximately $61.75.

How much money does Westamerica Bancorporation make?

Westamerica Bancorporation (NASDAQ:WABC) has a market capitalization of $1.66 billion and generates $216.79 million in revenue each year. The financial services provider earns $86.51 million in net income (profit) each year or $3.88 on an earnings per share basis.

How many employees does Westamerica Bancorporation have?

The company employs 534 workers across the globe.

How can I contact Westamerica Bancorporation?

Westamerica Bancorporation's mailing address is 1108 FIFTH AVENUE, SAN RAFAEL CA, 94901. The official website for the company is www.westamerica.com. The financial services provider can be reached via phone at (415) 257-8000, via email at investments@westamerica.com, or via fax at 415-257-8013.

This page (NASDAQ:WABC) was last updated on 12/1/2022 by MarketBeat.com Staff