NASDAQ:WABC Westamerica Bancorporation (WABC) Stock Price, News & Analysis $55.82 +0.24 (+0.43%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$55.09▼$56.6950-Day Range$45.90▼$57.4052-Week Range$41.89▼$58.49Volume128,907 shsAverage Volume138,800 shsMarket Capitalization$1.49 billionP/E Ratio9.43Dividend Yield3.15%Price Target$57.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Westamerica Bancorporation alerts: Email Address Westamerica Bancorporation MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.1% Upside$57.00 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.50Based on 17 Articles This WeekInsider TradingSelling Shares$30,232 Sold Last QuarterProj. Earnings Growth-14.42%From $5.20 to $4.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.50 out of 5 starsFinance Sector571st out of 898 stocksNational Commercial Banks Industry62nd out of 88 stocks 1.0 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, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageWestamerica Bancorporation has only been the subject of 2 research reports in the past 90 days.Read more about Westamerica Bancorporation's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.29% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Westamerica Bancorporation has recently decreased by 18.13%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldWestamerica Bancorporation pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWestamerica Bancorporation has been increasing its dividend for 32 years.Dividend CoverageThe dividend payout ratio of Westamerica Bancorporation is 29.73%. 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 39.55% next year. This indicates that Westamerica Bancorporation will be able to sustain or increase its dividend.Read more about Westamerica Bancorporation's 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 1.9 News and Social Media Coverage News SentimentWestamerica Bancorporation has a news sentiment score of 0.50. 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 WeekMarketBeat has tracked 17 news articles for Westamerica Bancorporation this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added Westamerica Bancorporation to their MarketBeat watchlist 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 $30,232.00 in company stock.Percentage Held by InsidersOnly 4.40% of the stock of Westamerica Bancorporation is held by insiders.Percentage Held by Institutions81.89% of the stock of Westamerica Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Westamerica Bancorporation's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Westamerica Bancorporation are expected to decrease by -14.42% in the coming year, from $5.20 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westamerica Bancorporation is 9.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Westamerica Bancorporation is 9.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Book Value per Share RatioWestamerica Bancorporation has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Westamerica Bancorporation's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...Click here to see how >>> About Westamerica Bancorporation Stock (NASDAQ:WABC)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.Read More WABC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WABC Stock News HeadlinesJuly 25 at 11:53 AM | globenewswire.comWestamerica Bancorporation Declares Quarterly Cash DividendJuly 23 at 3:40 PM | msn.comMaxim Group Downgrades Westamerica Bancorporation (WABC)July 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.July 23 at 6:08 AM | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Downgraded by Maxim Group to "Hold"July 22, 2024 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Shares Gap Down to $54.73July 21, 2024 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPSJuly 20, 2024 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) PT Raised to $57.00 at Piper SandlerJuly 20, 2024 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Upgraded by StockNews.com to "Hold"July 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.July 19, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on Westamerica Bancorporation (WABC)July 19, 2024 | markets.businessinsider.comWestamerica Bancorporation (WABC) Gets a Hold from KBWJuly 18, 2024 | globenewswire.comWestamerica Bancorporation Reports Second Quarter 2024 Financial ResultsMay 23, 2024 | finance.yahoo.comEast West Bancorp (EWBC) Down 3% Since Last Earnings Report: Can It Rebound?May 21, 2024 | finance.yahoo.comInvesting in Westamerica Bancorporation (NASDAQ:WABC) a year ago would have delivered you a 32% gainMay 13, 2024 | msn.comGiuiliani fired from WABC over broken promise to keep stolen election claims off air: CatsimatidisMay 11, 2024 | msn.comWABC Radio suspends Rudy Giuliani for flouting ban on discussing discredited 2020 election claimsApril 26, 2024 | investing.comWestamerica Bancorporation CFO sells shares worth over $51kApril 25, 2024 | msn.comWestamerica declares $0.44 dividendSee 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 Company Calendar Ex-Dividend for 5/17 Dividend5/03/2024Dividend Payable5/17/2024Last Earnings7/18/2024Today7/26/2024Ex-Dividend for 8/16 Dividend8/05/2024Dividend Payable8/16/2024Next Earnings (Estimated)10/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:WABC CUSIP95709010 CIK311094 Webwww.westamerica.com Phone(415) 257-8000Fax415-257-8013Employees641Year Founded1884Price Target and Rating Average Stock Price Target$57.00 High Stock Price Target$57.00 Low Stock Price Target$57.00 Potential Upside/Downside+2.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.92 Trailing P/E Ratio9.43 Forward P/E Ratio10.73 P/E GrowthN/ANet Income$161.77 million Net Margins47.12% Pretax Margin64.50% Return on Equity20.17% Return on Assets2.38% Debt Debt-to-Equity Ratio0.37 Current Ratio0.25 Quick Ratio0.23 Sales & Book Value Annual Sales$327.54 million Price / Sales4.55 Cash Flow$6.73 per share Price / Cash Flow8.29 Book Value$30.57 per share Price / Book1.83Miscellaneous Outstanding Shares26,680,000Free Float25,504,000Market Cap$1.49 billion OptionableOptionable Beta0.56 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 69)Chairman, President & CEO Comp: $758.7kMr. John A. Thorson (Age 64)Senior VP & CFO Comp: $319.44kMr. Russell W. Rizzardi (Age 69)Senior VP & Chief Credit Administrator of Westamerica Bank Comp: $197.77kMr. Brian J. Donohoe (Age 43)SVP and Manager of Operations & Systems Administration of Community Banker Services Corporation Comp: $254.36kMr. Robert Baker (Age 59)Regional VP & Senior Regional Market Manager of Southern Banking Division Comp: $229.75kMs. Diane CunninghamCorporate Executive SecretaryMr. George S. Ensinger (Age 70)Senior VP & Human Resources Division Manager Comp: $167.59kCurtis BeltonSenior VP & Risk OfficerMr. Kris IrvineVP & Corporate SecretaryRobert James Baker Jr.Regional VP & Sr. Regional Mkt ManagerMore ExecutivesKey CompetitorsSandy Spring BancorpNASDAQ:SASRHope BancorpNASDAQ:HOPENorthwest BancsharesNASDAQ:NWBIFirst Midwest BancorpNASDAQ:FMBIHome Bancshares, Inc. (Conway, AR)NYSE:HOMBView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 394 shares on 7/26/2024Ownership: 1.094%Allspring Global Investments Holdings LLCSold 4,345 shares on 7/26/2024Ownership: 0.029%SummerHaven Investment Management LLCBought 318 shares on 7/24/2024Ownership: 0.067%Louisiana State Employees Retirement SystemBought 200 shares on 7/24/2024Ownership: 0.050%Raymond James & AssociatesBought 7,624 shares on 7/19/2024Ownership: 0.220%View All Insider TransactionsView All Institutional Transactions WABC Stock Analysis - Frequently Asked Questions How have WABC shares performed this year? Westamerica Bancorporation's stock was trading at $56.41 at the beginning of the year. Since then, WABC stock has decreased by 1.0% and is now trading at $55.82. View the best growth stocks for 2024 here. How were Westamerica Bancorporation's earnings last quarter? Westamerica Bancorporation (NASDAQ:WABC) issued its quarterly earnings results on Thursday, July, 18th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.03. The financial services provider had revenue of $79.57 million for the quarter, compared to the consensus estimate of $74.28 million. Westamerica Bancorporation had a trailing twelve-month return on equity of 20.17% and a net margin of 47.12%. 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. Who are Westamerica Bancorporation's major shareholders? Top institutional shareholders of Westamerica Bancorporation include Bank of New York Mellon Corp (1.09%), Leeward Investments LLC MA (0.64%), Assenagon Asset Management S.A. (0.32%) and Raymond James & Associates (0.22%). Insiders that own company stock include David L Payne, George S Ensinger, Michele R Hassid, Inez Wondeh, Alisa Jane Belew, Curtis Belton and John A Thorson. 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. Compare Top Brokerages Here. 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 Union Pacific (UNP), Walgreens Boots Alliance (WBA), Franklin Resources (BEN), CenterPoint Energy (CNP), Walt Disney (DIS), Consolidated Edison (ED) and Enbridge (ENB). 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