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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:WABC
  • CUSIP: 95709010
  • Web: www.westamerica.com
Capitalization:
  • Market Cap: $1.53 billion
  • Outstanding Shares: 26,305,000
Average Prices:
  • 50 Day Moving Avg: $55.45
  • 200 Day Moving Avg: $54.53
  • 52 Week Range: $47.31 - $65.34
P/E:
  • Trailing P/E Ratio: 24.84
  • Foreward P/E Ratio: 23.23
  • P/E Growth: 8.40
Sales & Book Value:
  • Annual Revenue: $183.21 million
  • Price / Sales: 8.34
  • Book Value: $22.64 per share
  • Price / Book: 2.56
Dividend:
  • Annual Dividend: $1.56
  • Dividend Yield: 2.7%
Profitability:
  • Net Margins: 33.83%
  • Return on Equity: 10.57%
  • Return on Assets: 1.14%
Debt:
  • Current Ratio: 0.38%
  • Quick Ratio: 0.38%
Misc:
  • Average Volume: 85,784 shs.
  • Beta: 1.09
  • Short Ratio: 28.99
 

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 announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Monday, August 7th will be given a dividend of $0.39 per share on Friday, August 18th. This represents a $1.56 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Thursday, 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 initiated a share repurchase program on Friday, July 28th 2017, which authorizes the company to repurchase 1,750,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) announced its earnings results on Thursday, July, 20th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.04. The firm had revenue of $47.90 million for the quarter, compared to analysts' expectations of $46.70 million. Westamerica Bancorporation had a return on equity of 10.57% and a net margin of 33.83%. Westamerica Bancorporation's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 EPS. 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 Thursday, October, 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 analysts have issued 1 year price targets for Westamerica Bancorporation's stock. 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.

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:

  • David L. Payne, Chairman of the Board, President, Chief Executive Officer
  • John A. Thorson, Chief Financial Officer, Senior Vice President
  • Dennis R. Hansen, Senior Vice President, Manager - Operations and Systems Administration of Community Banker Services Corporation
  • Russell W. Rizzardi, Senior Vice President and Chief Credit Administrator of Westamerica Bank
  • David L. Robinson, Senior Vice President and Banking Division Manager of Westamerica Bank
  • Etta Allen, Independent Director
  • Louis E. Bartolini, Independent Director
  • E Joseph Bowler, Independent Director
  • Arthur C. Latno Jr., Independent Director
  • Patrick D. Lynch, Independent Director

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.

What is Westamerica Bancorporation's stock price today?

One share of Westamerica Bancorporation stock can currently be purchased for approximately $58.07.


MarketBeat Community Rating for Westamerica Bancorporation (NASDAQ WABC)
Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  241
MarketBeat's community ratings are surveys of what our community members think about Westamerica Bancorporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Westamerica Bancorporation (NASDAQ:WABC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $56.00 (3.56% downside)
Consensus Price Target History for Westamerica Bancorporation (NASDAQ:WABC)
Price Target History for Westamerica Bancorporation (NASDAQ:WABC)
Analysts' Ratings History for Westamerica Bancorporation (NASDAQ:WABC)
Show:
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 10/17/2015 forward)

Earnings

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
10/19/2017$0.57N/AView Earnings Details
7/20/2017Q2 2017$0.56$0.60$46.70 million$47.90 millionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Westamerica Bancorporation (NASDAQ:WABC)
Current Year EPS Consensus Estimate: $2.32 EPS
Next Year EPS Consensus Estimate: $2.50 EPS

Dividends

Current Dividend Information for Westamerica Bancorporation (NASDAQ:WABC)
Most Recent Dividend:8/18/2017
Annual Dividend:$1.56
Dividend Yield:2.69%
Dividend Growth:1.50% (3 Year Average)
Payout Ratio:66.67% (Trailing 12 Months of Earnings)
67.24% (Based on This Year's Estimates)
62.40% (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
7/27/2017quarterly$0.392.89%8/3/20178/7/20178/18/2017
4/27/2017quarterly$0.392.84%5/4/20175/8/20175/19/2017
1/26/2017quarterly$0.392.71%2/2/20172/6/20172/17/2017
10/27/2016quarterly$0.393.18%11/3/201611/7/201611/18/2016
7/28/2016quarterly$0.393.32%8/4/20168/8/20168/19/2016
4/28/2016quarterly$0.393.2%5/5/20165/9/20165/20/2016
1/28/2016quarterly$0.393.58%2/4/20162/8/20162/19/2016
10/22/2015quarterly$0.393.47%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.383.06%7/30/20158/3/20158/14/2015
4/23/2015quarterly$0.383.48%4/30/20155/4/20155/15/2015
1/22/2015quarterly$0.383.52%1/29/20152/2/20152/13/2015
10/23/2014quarterly$0.383.26%10/30/201411/3/201411/14/2014
7/24/2014quarterly$0.383.09%7/31/20148/4/20148/15/2014
4/24/2014quarterly$0.382.96%5/1/20145/5/20145/16/2014
1/23/2014quarterly$0.382.91%1/30/20142/3/20142/14/2014
10/24/2013quarterly$0.382.85%10/31/201311/4/201311/15/2013
7/26/2013quarterly$0.373.05%8/1/20138/5/20138/16/2013
4/25/2013quarterly$0.373.46%5/2/20135/6/20135/17/2013
1/24/2013quarterly$0.373.36%1/31/20132/4/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Westamerica Bancorporation (NASDAQ:WABC)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 83.66%
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
7/31/2017Edward B SylvesterDirectorSell1,260$54.40$68,544.00View SEC Filing  
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)

Headlines

Headline Trends for Westamerica Bancorporation (NASDAQ:WABC)
Latest Headlines for Westamerica Bancorporation (NASDAQ:WABC)
Source:
DateHeadline
americanbankingnews.com logoReviewing Westamerica Bancorporation (WABC) & Its Rivals
www.americanbankingnews.com - October 12 at 4:24 PM
americanbankingnews.com logoWestamerica Bancorporation (WABC) to Release Earnings on Thursday
www.americanbankingnews.com - October 12 at 1:24 AM
finance.yahoo.com logoETFs with exposure to Westamerica Bancorp : October 4, 2017
finance.yahoo.com - October 6 at 12:43 PM
finance.yahoo.com logoWestamerica Bancorp :WABC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017
finance.yahoo.com - October 3 at 2:48 PM
finance.yahoo.com logoWestamerica Bancorp :WABC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017
finance.yahoo.com - October 3 at 2:48 PM
finance.yahoo.com logoWestamerica Bancorp breached its 50 day moving average in a Bullish Manner : WABC-US : September 13, 2017
finance.yahoo.com - September 13 at 11:10 AM
finance.yahoo.com logoWestamerica Bancorp : WABC-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 1, 2017
finance.yahoo.com - September 2 at 10:23 AM
nasdaq.com logoWestAmerica Bancorporation (WABC) Passes Through 3% Yield Mark
www.nasdaq.com - August 17 at 9:11 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Westamerica Bancorp.
finance.yahoo.com - August 10 at 9:33 AM
americanbankingnews.com logoEdward B. Sylvester Sells 1,260 Shares of Westamerica Bancorporation (NASDAQ:WABC) Stock
www.americanbankingnews.com - August 3 at 1:24 PM
finance.yahoo.com logoWestamerica Bancorp breached its 50 day moving average in a Bullish Manner : WABC-US : August 2, 2017
finance.yahoo.com - August 2 at 8:35 AM
finance.yahoo.com logoWestamerica Bancorp – Value Analysis (NASDAQ:WABC) : July 31, 2017
finance.yahoo.com - August 1 at 7:39 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) to Buyback 1,750,000 Outstanding Shares
www.americanbankingnews.com - July 28 at 11:20 AM
americanbankingnews.com logoWestamerica Bancorporation (NASDAQ:WABC) Plans Quarterly Dividend of $0.39
www.americanbankingnews.com - July 27 at 1:33 PM
nasdaq.com logoWestAmerica Bancorporation (WABC) Shares Cross Above 200 DMA
www.nasdaq.com - July 26 at 9:55 AM
globenewswire.com logoWestamerica Bancorporation Reports Second Quarter 2017 Financial Results
globenewswire.com - July 21 at 8:35 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - July 20 at 5:10 PM
finance.yahoo.com logoWestamerica Bancorp breached its 50 day moving average in a Bearish Manner : WABC-US : July 17, 2017
finance.yahoo.com - July 17 at 11:31 AM
americanbankingnews.com logoWestamerica Bancorporation (WABC) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 13 at 10:09 PM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - WABC
www.nasdaq.com - June 10 at 2:22 AM
marketbeat.com logoWestamerica posts 1Q profit
marketbeat.com - April 21 at 6:27 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
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
biz.yahoo.com logoWESTAMERICA BANCORPORATION Files SEC form 8-K, Other Events
biz.yahoo.com - July 28 at 2:36 PM
nasdaq.com logoWestamerica Bancorp Earnings Decline 1% In Q2
www.nasdaq.com - July 22 at 11:07 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

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Chart

Westamerica Bancorporation (WABC) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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