NASDAQ:WABC - Westamerica Bancorporation Stock Price, News, & Analysis

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$62.08 -0.36 (-0.58 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$62.08
Today's Range$61.70 - $62.89
52-Week Range$53.26 - $64.76
Volume310,212 shs
Average Volume51,140 shs
Market Capitalization$1.67 billion
P/E Ratio25.18
Dividend Yield2.56%
Beta1.06
Westamerica Bancorporation logoWestamerica Bancorporation operates as a bank holding company for 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 to local businesses and professionals. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as other loans primarily consisting of indirect automobile loans. Westamerica Bancorporation operates through 82 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. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:WABC
CUSIP95709010
Phone707-863-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio0.36
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio25.18
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$190.46 million
Price / Sales8.69
Cash Flow$3.2812 per share
Price / Cash18.92
Book Value$22.34 per share
Price / Book2.78

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$50.02 million
Net Margins28.19%
Return on Equity11.15%
Return on Assets1.19%

Miscellaneous

Employees785
Outstanding Shares26,670,000
Market Cap$1.67 billion

Westamerica Bancorporation (NASDAQ:WABC) Frequently Asked Questions

What is Westamerica Bancorporation's stock symbol?

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

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

Westamerica Bancorporation announced a quarterly dividend on Thursday, July 26th. Investors of record on Monday, August 6th will be paid a dividend of $0.40 per share on Friday, August 17th. This represents a $1.60 annualized dividend and a yield of 2.58%. The ex-dividend date is Friday, August 3rd. View Westamerica Bancorporation's Dividend History.

How will Westamerica Bancorporation's stock buyback program work?

Westamerica Bancorporation announced that its Board of Directors has approved a share buyback plan on Thursday, July 26th 2018, which authorizes the company to repurchase 1,750,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) posted its quarterly earnings data on Thursday, July, 19th. The financial services provider reported $0.67 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.67. The financial services provider earned $46.89 million during the quarter. Westamerica Bancorporation had a return on equity of 11.15% and a net margin of 28.19%. View Westamerica Bancorporation's Earnings History.

When is Westamerica Bancorporation's next earnings date?

Westamerica Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Westamerica Bancorporation.

What price target have analysts set for WABC?

4 brokerages have issued 1 year price objectives for Westamerica Bancorporation's shares. Their predictions range from $50.00 to $60.00. On average, they expect Westamerica Bancorporation's stock price to reach $54.6667 in the next twelve months. This suggests that the stock has a possible downside of 11.9%. View Analyst Price Targets for Westamerica Bancorporation.

What is the consensus analysts' recommendation for Westamerica Bancorporation?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westamerica Bancorporation.

Who are some of Westamerica Bancorporation's key competitors?

Who are Westamerica Bancorporation's key executives?

Westamerica Bancorporation's management team includes the folowing people:
  • Mr. David L. Payne, Chairman, Pres & CEO (Age 63)
  • Mr. John A. Thorson, Sr. VP & CFO (Age 58)
  • Mr. Dennis R. Hansen, Sr. VP of Operations & Systems and Division Mang. (Age 68)
  • Mr. Russell W. Rizzardi, Sr. VP & Chief Credit Administrator of Westamerica Bank (Age 63)
  • Ms. Diane Cunningham, Corp. Exec. Sec.

Who are Westamerica Bancorporation's major shareholders?

Westamerica Bancorporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.89%), American Century Companies Inc. (8.23%), Schroder Investment Management Group (4.55%), Schroder Investment Management Group (2.96%), Dimensional Fund Advisors LP (2.66%) and Bank of New York Mellon Corp (2.38%). Company insiders that own Westamerica Bancorporation stock include David L Robinson, Dennis R Hansen, Edward B Sylvester, James J Schneck and John A Thorson. View Institutional Ownership Trends for Westamerica Bancorporation.

Which major investors are selling Westamerica Bancorporation stock?

WABC stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Schroder Investment Management Group, Bank of America Corp DE, Northern Trust Corp, Meadow Creek Investment Management LLC, Pinebridge Investments L.P., Bank of New York Mellon Corp and Bank of New York Mellon Corp. Company insiders that have sold Westamerica Bancorporation company stock in the last year include Dennis R Hansen, Edward B Sylvester, James J Schneck and John A Thorson. View Insider Buying and Selling for Westamerica Bancorporation.

Which major investors are buying Westamerica Bancorporation stock?

WABC stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., Russell Investments Group Ltd., Deprince Race & Zollo Inc., Victory Capital Management Inc., Dimensional Fund Advisors LP, Whittier Trust Co. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Westamerica Bancorporation.

How do I buy shares of Westamerica Bancorporation?

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

What is Westamerica Bancorporation's stock price today?

One share of WABC stock can currently be purchased for approximately $62.08.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.67 billion and generates $190.46 million in revenue each year. Westamerica Bancorporation employs 785 workers across the globe.

What is Westamerica Bancorporation's official website?

The official website for Westamerica Bancorporation is http://www.westamerica.com.

How can I contact Westamerica Bancorporation?

Westamerica Bancorporation's mailing address is 1108 FIFTH AVENUE, SAN RAFAEL CA, 94901. The financial services provider can be reached via phone at 707-863-6000 or via email at [email protected]


MarketBeat Community Rating for Westamerica Bancorporation (NASDAQ WABC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  379
MarketBeat's community ratings are surveys of what our community members think about Westamerica Bancorporation and other stocks. Vote "Outperform" if you believe WABC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WABC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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