NASDAQ:WABC Westamerica Bancorporation (WABC) Stock Forecast, Price & News $42.60 +0.09 (+0.21%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$42.02▼$43.0350-Day Range$42.31▼$49.8752-Week Range$35.52▼$63.86Volume72,777 shsAverage Volume114,312 shsMarket Capitalization$1.14 billionP/E Ratio7.38Dividend Yield4.13%Price Target$60.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Westamerica Bancorporation MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside40.8% Upside$60.00 Price TargetShort InterestHealthy1.49% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$24,022 Sold Last QuarterProj. Earnings Growth-12.86%From $5.91 to $5.15 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector518th out of 855 stocksNational Commercial Banks Industry68th out of 84 stocks 3.0 Analyst's Opinion Consensus RatingWestamerica 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.00, Westamerica Bancorporation has a forecasted upside of 40.8% from its current price of $42.60.Amount of Analyst CoverageWestamerica Bancorporation has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.49% of the float of Westamerica Bancorporation has been sold short.Short Interest Ratio / Days to CoverWestamerica Bancorporation has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Westamerica Bancorporation has recently increased by 18.06%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWestamerica Bancorporation is a leading dividend payer. It pays a dividend yield of 4.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestamerica Bancorporation has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Westamerica Bancorporation is 30.50%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Westamerica Bancorporation will have a dividend payout ratio of 34.17% next year. This indicates that Westamerica Bancorporation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WABC. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Westamerica Bancorporation this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for WABC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westamerica Bancorporation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $24,022.00 in company stock.Percentage Held by InsidersOnly 4.40% of the stock of Westamerica Bancorporation is held by insiders.Percentage Held by Institutions75.11% of the stock of Westamerica Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Westamerica Bancorporation are expected to decrease by -12.86% in the coming year, from $5.91 to $5.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westamerica Bancorporation is 7.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Westamerica Bancorporation is 7.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 85.85.Price to Book Value per Share RatioWestamerica Bancorporation has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Westamerica Bancorporation (NASDAQ:WABC) StockWestamerica 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.Read More WABC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WABC Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Stock Price Crosses Above 200 Day Moving Average of $43.29August 14, 2023 | seekingalpha.comWestamerica Bancorporation: Other Prospects Are More AppealingSeptember 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."August 1, 2023 | benzinga.comWestamerica Bancorp: Dividend InsightsAugust 1, 2023 | finance.yahoo.comHere's What We Like About Westamerica Bancorporation's (NASDAQ:WABC) Upcoming DividendJuly 21, 2023 | seekingalpha.comWestamerica GAAP EPS of $1.51, revenue of $80.98MJuly 20, 2023 | finance.yahoo.comWestamerica (WABC) Q2 Earnings Match EstimatesJuly 20, 2023 | finance.yahoo.comWestamerica Bancorporation Reports Second Quarter 2023 Financial ResultsSeptember 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."June 22, 2023 | finance.yahoo.comWABC: Lowering target price to $45.00June 15, 2023 | insidermonkey.comTop 5 Most Profitable Banks in the WorldJune 12, 2023 | finance.yahoo.comInvestors in Westamerica Bancorporation (NASDAQ:WABC) have unfortunately lost 19% over the last five yearsJune 10, 2023 | finance.yahoo.comWABC - Westamerica BancorporationMay 20, 2023 | seekingalpha.comWestamerica Bancorporation: Still Too Early To BuyMay 2, 2023 | finance.yahoo.comWestamerica Bancorporation (NASDAQ:WABC) Is Paying Out A Dividend Of $0.42April 29, 2023 | msn.comWestamerica Bancorporation (WABC) Declares $0.42 DividendApril 22, 2023 | nasdaq.comPiper Sandler Maintains Westamerica Bancorporation (WABC) Neutral RecommendationApril 22, 2023 | markets.businessinsider.comWestamerica Bancorporation (WABC) Gets a Buy from Maxim GroupApril 20, 2023 | msn.comRecap: Westamerica Bancorp Q1 EarningsApril 20, 2023 | msn.comWestamerica Bancorp: Q1 Earnings InsightsApril 20, 2023 | finance.yahoo.comWestamerica (WABC) Misses Q1 Earnings and Revenue EstimatesApril 20, 2023 | finance.yahoo.comWestamerica Bancorporation Reports First Quarter 2023 Financial ResultsApril 19, 2023 | finance.yahoo.comZions (ZION) Misses Q1 Earnings EstimatesApril 18, 2023 | nasdaq.comWestAmerica Bancorporation Enters Oversold TerritoryApril 16, 2023 | finance.yahoo.comWestamerica Bancorporation (NASDAQ:WABC) is a favorite amongst institutional investors who own 78%April 11, 2023 | finance.yahoo.com3 Stocks in the Limelight on New Analyst CoverageApril 7, 2023 | msn.comKeefe, Bruyette & Woods Maintains Westamerica Ban (WABC) Market Perform RecommendationSee 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. Email Address WABC Company Calendar Last Earnings7/20/2023Ex-Dividend for 8/18 Dividend8/04/2023Dividend Payable8/18/2023Today9/21/2023Next Earnings (Estimated)10/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:WABC CUSIP95709010 CIK311094 Webwww.westamerica.com Phone(415) 257-8000Fax415-257-8013Employees594Year Founded1884Price 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 RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$5.77 Trailing P/E Ratio7.38 Forward P/E Ratio7.21 P/E GrowthN/ANet Income$122.03 million Net Margins49.36% Pretax Margin67.35% Return on Equity25.22% Return on Assets2.24% Debt Debt-to-Equity RatioN/A Current Ratio0.20 Quick Ratio0.20 Sales & Book Value Annual Sales$266.88 million Price / Sales4.25 Cash Flow$5.12 per share Price / Cash Flow8.32 Book Value$22.37 per share Price / Book1.90Miscellaneous Outstanding Shares26,650,000Free Float25,476,000Market Cap$1.14 billion OptionableOptionable Beta0.63 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David L. Payne (Age 68)Chairman, Pres & CEO Comp: $750.02kMr. John A. Thorson (Age 63)Sr. VP & CFO Comp: $321.72kMr. Russell W. Rizzardi (Age 68)Sr. VP & Chief Credit Administrator of Westamerica Bank Comp: $197.93kMr. Brian J. Donohoe (Age 42)SVP and Mang. of Operations & Systems Admin. of Community Banker Services Corp. Comp: $256.17kMs. Diane CunninghamCorp. Exec. Sec.Mr. George S. Ensinger (Age 69)Sr. VP & HR Division Mang. Mr. Kris IrvineVP & Corp. Sec.More ExecutivesKey CompetitorsNational BankNYSE:NBHCHope BancorpNASDAQ:HOPEFirst Commonwealth FinancialNYSE:FCFTrustmarkNASDAQ:TRMKPacWest BancorpNASDAQ:PACWView All CompetitorsInsiders & InstitutionsBarclays PLCBought 23,643 shares on 9/21/2023Ownership: 0.206%Alberta Investment Management CorpBought 1,934 shares on 8/24/2023Ownership: 0.032%Virginia Retirement Systems ET ALBought 7,000 shares on 8/22/2023Ownership: 0.026%California State Teachers Retirement SystemSold 1,936 shares on 8/21/2023Ownership: 0.118%Teachers Retirement System of The State of KentuckyBought 472 shares on 8/21/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Westamerica Bancorporation's stock? ETFs with the largest weight of Westamerica Bancorporation (NASDAQ:WABC) stock in their portfolio include Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA).Inspire Small/Mid Cap ETF (ISMD). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Westamerica Bancorporation Please log in to your account or sign up in order to add this asset to your watchlist. 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