Westamerica Bancorporation Company Profile (NASDAQ:WABC)

About Westamerica Bancorporation (NASDAQ:WABC)

Westamerica Bancorporation logoWestamerica Bancorporation is a bank holding company. The Company provides a range of banking services to individual and corporate customers in Northern and Central California through its subsidiary bank, Westamerica Bank. The communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. It provides a range of loans, including commercial loans, commercial real estate loans, construction loans, residential real estate loans, and consumer installment and other loans. It maintains a securities portfolio consisting of securities issued by the United States Treasury, United States Government sponsored entities, agency and non-agency mortgage backed securities (MBS), non-agency commercial MBS, agency residential collateralized mortgage obligations (CMO), non-agency residential CMO, obligations of states and political subdivisions, asset-backed securities, corporate securities and other securities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:WABC
  • CUSIP: 95709010
  • Web: www.westamerica.com
  • Market Cap: $1.4 billion
  • Outstanding Shares: 26,298,000
Average Prices:
  • 50 Day Moving Avg: $54.42
  • 200 Day Moving Avg: $57.74
  • 52 Week Range: $46.33 - $65.34
  • Trailing P/E Ratio: 23.13
  • Foreward P/E Ratio: 20.86
  • P/E Growth: 7.76
Sales & Book Value:
  • Annual Revenue: $181.39 million
  • Price / Sales: 7.71
  • Book Value: $22.25 per share
  • Price / Book: 2.39
  • Annual Dividend: $1.56
  • Dividend Yield: 3.0%
  • Net Margins: 32.58%
  • Return on Equity: 10.60%
  • Return on Assets: 1.12%
  • Current Ratio: 0.38%
  • Quick Ratio: 0.38%
  • Average Volume: 132,902 shs.
  • Beta: 1.01
  • Short Ratio: 30.2

Frequently Asked Questions for Westamerica Bancorporation (NASDAQ:WABC)

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 declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Monday, May 8th will be given a dividend of $0.39 per share on Friday, May 19th. This represents a $1.56 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Thursday, May 4th. View Westamerica Bancorporation's Dividend History.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) announced its quarterly earnings results on Thursday, April, 20th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.02. The firm earned $44.50 million during the quarter, compared to the consensus estimate of $45.75 million. Westamerica Bancorporation had a return on equity of 10.60% and a net margin of 32.58%. During the same period in the prior year, the business earned $0.56 earnings per share. View Westamerica Bancorporation's Earnings History.

When will Westamerica Bancorporation make its next earnings announcement?

Westamerica Bancorporation is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for Westamerica Bancorporation.

Where is Westamerica Bancorporation's stock going? Where will Westamerica Bancorporation's stock price be in 2017?

2 equities research analysts have issued 1 year price targets for Westamerica Bancorporation's shares. Their forecasts range from $56.00 to $56.00. On average, they anticipate Westamerica Bancorporation's stock price to reach $56.00 in the next twelve months. View Analyst Ratings for Westamerica Bancorporation.

What are analysts saying about Westamerica Bancorporation stock?

Here are some recent quotes from research analysts about Westamerica Bancorporation stock:

  • 1. Maxim Group analysts commented, "1Q17 core EPS of $0.55 (excluding an accounting change) matched consensus; WABC’s performance metrics were, as usual, very strong. WABC’s deposit franchise remained its greatest strength. However, lack of loan growth remains WABC’s greatest challenge, in our view." (4/21/2017)
  • 2. According to Zacks Investment Research, "Westamerica's efforts to improve non-interest bearing deposits will support its revenue growth in the rising rate environment. Further, stable balance sheet position and healthy credit quality along with its expense management initiatives will make the company well positioned to enhance shareholders’ value. However, the company's fee revenue growth remains challenged amid a competitive business environment. Further, weakness in loan growth and the low interest rates continue to hurt net interest income. Additionally, profitability metrics have been witnessing a declining trend. " (9/8/2016)

Who are some of Westamerica Bancorporation's key competitors?

Who owns Westamerica Bancorporation stock?

Westamerica Bancorporation's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.15%), Vanguard Group Inc. (9.71%), American Century Companies Inc. (7.55%), JPMorgan Chase & Co. (3.42%), Schroder Investment Management Group (3.37%) and State Street Corp (3.26%). Company insiders that own Westamerica Bancorporation stock include David L Robinson, Dennis R Hansen, James J Schneck and John A Thorson. View Institutional Ownership Trends for Westamerica Bancorporation.

Who sold Westamerica Bancorporation stock? Who is selling Westamerica Bancorporation stock?

Westamerica Bancorporation's stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Renaissance Technologies LLC, American Century Companies Inc., Sprucegrove Investment Management Ltd., Morgan Stanley, Sei Investments Co., Goldman Sachs Group Inc. and Denver Investment Advisors LLC. Company insiders that have sold Westamerica Bancorporation stock in the last year include David L Robinson, Dennis R Hansen, James J Schneck and John A Thorson. View Insider Buying and Selling for Westamerica Bancorporation.

Who bought Westamerica Bancorporation stock? Who is buying Westamerica Bancorporation stock?

Westamerica Bancorporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., State Street Corp, Deprince Race & Zollo Inc., Schroder Investment Management Group, Russell Investments Group Ltd., Schwab Charles Investment Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Westamerica Bancorporation.

How do I buy Westamerica Bancorporation stock?

Shares of Westamerica Bancorporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Westamerica Bancorporation stock cost?

One share of Westamerica Bancorporation stock can currently be purchased for approximately $53.19.

Analyst Ratings

Consensus Ratings for Westamerica Bancorporation (NASDAQ:WABC) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $56.00 (5.28% upside)

Analysts' Ratings History for Westamerica Bancorporation (NASDAQ:WABC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017Maxim GroupReiterated RatingHoldMediumView Rating Details
4/21/2017Keefe, Bruyette & WoodsUpgradeUnderperform -> Market Perform$54.00 -> $56.00MediumView Rating Details
5/23/2016BMO Capital MarketsReiterated RatingSellN/AView Rating Details
2/17/2016Sandler O'NeillDowngradeHold -> SellN/AView Rating Details
1/25/2016Royal Bank of CanadaLower Price TargetSector Perform$47.00 -> $45.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Westamerica Bancorporation (NASDAQ:WABC)
Earnings by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
Earnings History by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017Q1 2017$0.55$0.57$45.75 million$44.50 millionViewN/AView Earnings Details
1/19/2017Q4 2016$0.56$0.56$46.45 million$47.50 millionViewN/AView Earnings Details
10/20/2016Q3$0.56$0.61$44.54 millionViewN/AView Earnings Details
7/21/2016Q2$0.57$0.57$44.89 millionViewN/AView Earnings Details
4/21/2016Q1$0.56$0.56$47.58 million$48.18 millionViewN/AView Earnings Details
1/21/2016Q4$0.59$0.57$48.67 million$44.63 millionViewN/AView Earnings Details
10/14/2015Q3$0.58$0.58$49.38 million$45.71 millionViewN/AView Earnings Details
7/15/2015Q2$0.58$0.58$48.50 million$49.70 millionViewN/AView Earnings Details
4/15/2015Q1 15$0.57$0.57$49.02 million$45.56 millionViewN/AView Earnings Details
1/15/2015Q4 14$0.57$0.58$50.30 million$46.09 millionViewN/AView Earnings Details
10/15/2014Q3$0.58$0.58$50.23 million$47.11 millionViewN/AView Earnings Details
7/15/2014Q2 14$0.58$0.58$52.21 million$47.70 millionViewN/AView Earnings Details
4/15/2014Q1 14$0.58$0.58$52.66 million$47.66 millionViewN/AView Earnings Details
1/16/2014Q413$0.61$0.60$53.38 millionViewN/AView Earnings Details
10/16/2013Q313$0.63$0.63$54.28 millionViewN/AView Earnings Details
7/16/2013Q2 2013$0.64$0.64$56.01 million$56.90 millionViewN/AView Earnings Details
4/16/2013Q1 2013$0.64$0.64$56.97 millionViewN/AView Earnings Details
1/17/2013Q4 2012$0.70$0.70$61.01 millionViewN/AView Earnings Details
10/17/2012$0.73$0.73ViewN/AView Earnings Details
7/16/2012$0.76$0.75ViewN/AView Earnings Details
4/17/2012$0.75$0.75ViewN/AView Earnings Details
1/19/2012$0.80$0.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Westamerica Bancorporation (NASDAQ:WABC)
Current Year EPS Consensus Estimate: $2.31 EPS
Next Year EPS Consensus Estimate: $2.55 EPS


Current Dividend Information for Westamerica Bancorporation (NASDAQ:WABC)
Most Recent Dividend:5/19/2017
Annual Dividend:$1.56
Dividend Yield:2.93%
Dividend Growth:1.50% (3 Year Average)
Payout Ratio:67.83% (Trailing 12 Months of Earnings)
67.53% (Based on This Year's Estimates)
61.18% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Westamerica Bancorporation (NASDAQ:WABC)

Dividend History by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Westamerica Bancorporation (NASDAQ:WABC)
Insider Ownership Percentage: 6.10%
Institutional Ownership Percentage: 82.34%
Insider Trades by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
Institutional Ownership by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
Insider Trades by Quarter for Westamerica Bancorporation (NASDAQ:WABC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/25/2017John A ThorsonCFOSell8,332$58.50$487,422.00View SEC Filing  
4/24/2017David L RobinsonSVPSell1,221$58.39$71,294.19View SEC Filing  
4/24/2017John A ThorsonCFOSell1,303$58.09$75,691.27View SEC Filing  
2/3/2017James J SchneckVPSell6,500$56.03$364,195.00View SEC Filing  
2/1/2017John A ThorsonCFOSell9,167$56.73$520,043.91View SEC Filing  
1/30/2017David L RobinsonSVPSell9,200$56.67$521,364.00View SEC Filing  
1/25/2017David L RobinsonSVPSell22,100$57.06$1,261,026.00View SEC Filing  
1/25/2017John A ThorsonCFOSell51,800$57.05$2,955,190.00View SEC Filing  
1/23/2017Dennis R HansenSVPSell121,112$56.39$6,829,505.68View SEC Filing  
10/24/2016James J SchneckVPSell5,900$49.49$291,991.00View SEC Filing  
4/29/2016John A ThorsonCFOSell1,397$48.72$68,061.84View SEC Filing  
4/26/2016David L RobinsonSVPSell91,427$50.21$4,590,549.67View SEC Filing  
4/26/2016John A ThorsonCFOSell34,558$50.19$1,734,466.02View SEC Filing  
4/25/2016Dennis R HansenSVPSell1,220$50.22$61,268.40View SEC Filing  
7/22/2015John A ThorsonCFOSell21,700$51.50$1,117,550.00View SEC Filing  
4/20/2015Dennis R HansenSVPSell1,163$44.63$51,904.69View SEC Filing  
4/17/2015David L RobinsonSVPSell1,510$44.08$66,560.80View SEC Filing  
4/17/2015John A ThorsonCFOSell1,202$43.89$52,755.78View SEC Filing  
4/30/2014John ThorsonCFOSell1,036$50.41$52,224.76View SEC Filing  
4/24/2014Dennis HansenSVPSell1,052$52.00$54,704.00View SEC Filing  
4/17/2014David RobinsonSVPSell1,480$51.79$76,649.20View SEC Filing  
1/22/2014John ThorsonCFOSell5,000$54.00$270,000.00View SEC Filing  
1/21/2014David PayneCEOSell128,856$53.33$6,871,890.48View SEC Filing  
10/31/2013David L PayneCEOSell27,978$52.30$1,463,249.40View SEC Filing  
10/30/2013Jennifer J FingerSVPSell2,100$53.59$112,539.00View SEC Filing  
10/25/2013John A ThorsonCFOSell22,204$53.05$1,177,922.20View SEC Filing  
10/24/2013David L RobinsonSVPSell13,000$53.00$689,000.00View SEC Filing  
10/23/2013David L RobinsonSVPSell5,700$53.00$302,100.00View SEC Filing  
10/22/2013Dennis R HansenSVPSell8,790$52.47$461,211.30View SEC Filing  
10/21/2013Jennifer J FingerSVPSell17,300$52.71$911,883.00View SEC Filing  
10/18/2013David L RobinsonSVPSell8,790$51.80$455,322.00View SEC Filing  
10/18/2013James J SchneckVPSell6,740$51.65$348,121.00View SEC Filing  
10/18/2013John A ThorsonCFOSell10,830$51.24$554,929.20View SEC Filing  
7/25/2013Russell W RizzardiSVPSell7,466$49.02$365,983.32View SEC Filing  
7/24/2013Jennifer J FingerSVPSell11,600$48.74$565,384.00View SEC Filing  
7/19/2013John A ThorsonCFOSell21,600$47.91$1,034,856.00View SEC Filing  
7/18/2013Jennifer J FingerSVPSell10,000$48.16$481,600.00View SEC Filing  
5/1/2013John A ThorsonCFOSell1,034$42.30$43,738.20View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Westamerica Bancorporation (NASDAQ:WABC)
Latest Headlines for Westamerica Bancorporation (NASDAQ:WABC)
finance.yahoo.com logoWestamerica Bancorp : WABC-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 5 at 3:38 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Earns Daily News Sentiment Score of 0.04
www.americanbankingnews.com - May 2 at 1:14 PM
finance.yahoo.com logoWestamerica Bancorp breached its 50 day moving average in a Bearish Manner : WABC-US : May 1, 2017
finance.yahoo.com - May 1 at 10:14 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Getting Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 29 at 10:46 AM
americanbankingnews.com logoInsider Selling: Westamerica Bancorporation (WABC) CFO Sells 8,332 Shares of Stock
www.americanbankingnews.com - April 27 at 9:08 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Plans Quarterly Dividend of $0.39
www.americanbankingnews.com - April 27 at 3:46 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Given Coverage Optimism Rating of 0.22
www.americanbankingnews.com - April 26 at 8:29 AM
americanbankingnews.com logoInsider Selling: Westamerica Bancorporation (WABC) SVP Sells 1,221 Shares of Stock
www.americanbankingnews.com - April 25 at 6:08 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) CFO Sells $75,691.27 in Stock
www.americanbankingnews.com - April 25 at 6:08 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Earns News Impact Score of 0.41
www.americanbankingnews.com - April 23 at 9:56 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Upgraded at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 21 at 11:08 PM
finance.yahoo.com logoWestamerica Bancorp breached its 50 day moving average in a Bullish Manner : WABC-US : April 21, 2017
finance.yahoo.com - April 21 at 8:57 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Earns Hold Rating from Maxim Group
www.americanbankingnews.com - April 21 at 9:18 AM
marketbeat.com logoWestamerica posts 1Q profit
marketbeat.com - April 21 at 6:27 AM
finance.yahoo.com logoWestamerica Bancorporation Reports First Quarter 2017 Financial Results
finance.yahoo.com - April 21 at 1:02 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 20 at 3:10 PM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Impact Westamerica Bancorporation (WABC) Share Price
www.americanbankingnews.com - April 20 at 3:04 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - April 18 at 7:51 AM
americanbankingnews.com logoFavorable News Coverage Somewhat Likely to Effect Westamerica Bancorporation (WABC) Share Price
www.americanbankingnews.com - April 17 at 8:50 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Impact Westamerica Bancorporation (WABC) Stock Price
www.americanbankingnews.com - April 14 at 12:32 PM
americanbankingnews.com logoShort Interest in Westamerica Bancorporation (WABC) Decreases By 1.0%
www.americanbankingnews.com - April 10 at 11:23 AM
seekingalpha.com logoChampion Dividend Dogs Find (Newcomer) McGrath Is Top Gainer For April
seekingalpha.com - April 10 at 8:22 AM
nasdaq.com logoWestAmerica Bancorporation Breaks Below 200-Day Moving Average - Notable for WABC
www.nasdaq.com - March 28 at 8:20 AM
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 11:07 AM
nasdaq.com logoWestAmerica Bancorporation Enters Oversold Territory
www.nasdaq.com - January 30 at 4:18 PM
feeds.benzinga.com logoWestamerica Bancorporation Declares Quarterly Cash Dividend
feeds.benzinga.com - January 26 at 12:11 PM
us.rd.yahoo.com logoWestamerica Bancorporation Reports Fourth Quarter 2016 Financial Results
us.rd.yahoo.com - January 19 at 9:04 PM
us.rd.yahoo.com logo11:01 am Westamerica Banc reports EPS in-line, beats on revs
us.rd.yahoo.com - January 19 at 9:04 PM
nasdaq.com logoWestamerica Bancorp Bottom Line Falls 1% In Q4
www.nasdaq.com - January 19 at 4:04 PM
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
biz.yahoo.com - December 19 at 3:17 PM
seekingalpha.com logoWestamerica Bancorp. Struggling As A Supreme-Quality Bank In A Lower-Quality World
seekingalpha.com - December 2 at 8:11 PM
finance.yahoo.com logoWESTAMERICA BANCORPORATION Financials
finance.yahoo.com - November 10 at 8:21 PM
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 2 at 8:49 PM
nasdaq.com logoWestamerica Bancorp Reports 7% Increase In Q3 Profit
www.nasdaq.com - October 22 at 10:41 AM
biz.yahoo.com logoQ3 2016 Westamerica Bancorp Earnings Release - 11:30 am ET
biz.yahoo.com - October 20 at 8:47 AM
finance.yahoo.com logoWestamerica's Revenue Woes Continue to Hurt Profitability
finance.yahoo.com - August 24 at 11:15 AM
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 8-K, Other Events
biz.yahoo.com - July 28 at 2:36 PM
finance.yahoo.com logoWestamerica Bancorporation Declares Quarterly Dividend and Announces Stock Repurchase Plan
finance.yahoo.com - July 28 at 12:31 PM
finance.yahoo.com logoZions' (ZION) Q2 Earnings Beat as Revenues Rise, Costs Fall
finance.yahoo.com - July 27 at 10:26 AM
finance.yahoo.com logoWestamerica Banc downgraded by Keefe Bruyette
finance.yahoo.com - July 25 at 7:18 AM
nasdaq.com logoWestamerica Bancorp Earnings Decline 1% In Q2
www.nasdaq.com - July 22 at 11:07 AM
finance.yahoo.com logoWestamerica's (WABC) Q2 Earnings In Line; Stock Down
finance.yahoo.com - July 22 at 9:23 AM
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - July 21 at 11:56 AM



Westamerica Bancorporation (WABC) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff