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The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NASDAQ:WABC

Westamerica Bancorporation (WABC) Stock Forecast, Price & News

$42.60
+0.09 (+0.21%)
(As of 09/21/2023 ET)
Compare
Today's Range
$42.02
$43.03
50-Day Range
$42.31
$49.87
52-Week Range
$35.52
$63.86
Volume
72,777 shs
Average Volume
114,312 shs
Market Capitalization
$1.14 billion
P/E Ratio
7.38
Dividend Yield
4.13%
Price Target
$60.00

Westamerica Bancorporation MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
40.8% Upside
$60.00 Price Target
Short Interest
Healthy
1.49% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$24,022 Sold Last Quarter
Proj. Earnings Growth
-12.86%
From $5.91 to $5.15 Per Share

Overall MarketRank

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

2.26 out of 5 stars

Finance Sector

518th out of 855 stocks

National Commercial Banks Industry

68th out of 84 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. 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.

WABC Price History

WABC Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Westamerica Bancorp: Dividend Insights
Westamerica GAAP EPS of $1.51, revenue of $80.98M
Westamerica (WABC) Q2 Earnings Match Estimates
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
WABC: Lowering target price to $45.00
Top 5 Most Profitable Banks in the World
WABC - Westamerica Bancorporation
Westamerica Bancorporation (WABC) Gets a Buy from Maxim Group
Recap: Westamerica Bancorp Q1 Earnings
Zions (ZION) Misses Q1 Earnings Estimates
3 Stocks in the Limelight on New Analyst Coverage
See More Headlines
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WABC Company Calendar

Last Earnings
7/20/2023
Ex-Dividend for 8/18 Dividend
8/04/2023
Dividend Payable
8/18/2023
Today
9/21/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:WABC
CUSIP
95709010
Employees
594
Year Founded
1884

Price Target and Rating

Average Stock Price Forecast
$60.00
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+40.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$122.03 million
Pretax Margin
67.35%

Debt

Sales & Book Value

Annual Sales
$266.88 million
Cash Flow
$5.12 per share
Book Value
$22.37 per share

Miscellaneous

Free Float
25,476,000
Market Cap
$1.14 billion
Optionable
Optionable
Beta
0.63

Social Links

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Key Executives

  • Mr. David L. PayneMr. David L. Payne (Age 68)
    Chairman, Pres & CEO
    Comp: $750.02k
  • Mr. John A. Thorson (Age 63)
    Sr. VP & CFO
    Comp: $321.72k
  • Mr. Russell W. Rizzardi (Age 68)
    Sr. VP & Chief Credit Administrator of Westamerica Bank
    Comp: $197.93k
  • Mr. Brian J. Donohoe (Age 42)
    SVP and Mang. of Operations & Systems Admin. of Community Banker Services Corp.
    Comp: $256.17k
  • Ms. Diane Cunningham
    Corp. Exec. Sec.
  • Mr. George S. EnsingerMr. George S. Ensinger (Age 69)
    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?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WABC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WABC, but not buy additional shares or sell existing shares.
View WABC analyst ratings
or view top-rated stocks.

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

2 Wall Street research analysts have issued 1 year target prices for Westamerica Bancorporation's stock. Their WABC share price forecasts range from $45.00 to $80.00. On average, they anticipate the company's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 40.8% 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 2023?

Westamerica Bancorporation's stock was trading at $59.01 at the beginning of the year. Since then, WABC shares have decreased by 27.8% and is now trading at $42.60.
View the best growth stocks for 2023 here
.

When is Westamerica Bancorporation's next earnings date?

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

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) released its quarterly earnings results on Thursday, July, 20th. The financial services provider reported $1.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.51. The financial services provider had revenue of $80.58 million for the quarter, compared to analysts' expectations of $81.01 million. Westamerica Bancorporation had a net margin of 49.36% and a trailing twelve-month return on equity of 25.22%.

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

Westamerica Bancorporation announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 7th will be given a dividend of $0.44 per share on Friday, August 18th. This represents a $1.76 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, August 4th. This is a boost from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for WABC
.

Is Westamerica Bancorporation a good dividend stock?

Westamerica Bancorporation (NASDAQ:WABC) pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.16%. WABC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WABC will have a dividend payout ratio of 34.17% 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.38%), State Street Corp (5.01%), Dimensional Fund Advisors LP (2.76%), Geode Capital Management LLC (2.21%), Northern Trust Corp (2.06%) and Palisade Capital Management LP (1.84%). Insiders that own company stock include Curtis Belton, George S Ensinger, Inez Wondeh, 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 $42.60.

How much money does Westamerica Bancorporation make?

Westamerica Bancorporation (NASDAQ:WABC) has a market capitalization of $1.14 billion and generates $266.88 million in revenue each year. The financial services provider earns $122.03 million in net income (profit) each year or $5.77 on an earnings per share basis.

How many employees does Westamerica Bancorporation have?

The company employs 594 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 9/22/2023 by MarketBeat.com Staff

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