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

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$63.30 +1.06 (+1.70 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$63.30
Today's Range$62.07 - $63.8650
52-Week Range$52.05 - $65.39
Volume76,596 shs
Average Volume105,287 shs
Market Capitalization$1.69 billion
P/E Ratio23.64
Dividend Yield2.57%
Beta1.02
Westamerica 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$199.87 million
Cash Flow$2.7570 per share
Book Value$23.03 per share

Profitability

Net Income$71.56 million

Miscellaneous

Employees785
Market Cap$1.69 billion
OptionableOptionable

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 declared a quarterly dividend on Thursday, January 24th. Shareholders of record on Monday, February 4th will be given a dividend of $0.40 per share on Friday, February 15th. This represents a $1.60 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Friday, February 1st. 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 stock repurchase plan on Thursday, July 26th 2018, which permits the company to buyback 1,750,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) announced its quarterly earnings data on Thursday, January, 17th. The financial services provider reported $0.71 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.01. The financial services provider earned $50.83 million during the quarter. Westamerica Bancorporation had a net margin of 36.90% and a return on equity of 12.05%. 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, April 18th 2019. View Earnings Estimates for Westamerica Bancorporation.

What price target have analysts set for WABC?

3 analysts have issued 1 year price targets for Westamerica Bancorporation's shares. Their predictions range from $53.00 to $60.00. On average, they anticipate Westamerica Bancorporation's share price to reach $56.50 in the next twelve months. This suggests that the stock has a possible downside of 10.7%. View Analyst Price Targets for Westamerica Bancorporation.

What is the consensus analysts' recommendation for Westamerica Bancorporation?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westamerica Bancorporation.

Has Westamerica Bancorporation been receiving favorable news coverage?

Media coverage about WABC stock has been trending neutral recently, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Westamerica Bancorporation earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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 64)
  • Mr. John A. Thorson, Sr. VP & CFO (Age 59)
  • Mr. Russell W. Rizzardi, Sr. VP & Chief Credit Administrator of Westamerica Bank (Age 64)
  • Mr. Brian J. Donohoe, Mang. of the Operations & System Division
  • 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 investors include BlackRock Inc. (14.61%), Atlanta Capital Management Co. L L C (8.31%), Dimensional Fund Advisors LP (2.78%), Bank of New York Mellon Corp (2.48%), Northern Trust Corp (1.58%) and Deprince Race & Zollo Inc. (1.18%). Company insiders that own Westamerica Bancorporation stock include David L Robinson, Dennis R Hansen, Edward B Sylvester, George S Ensinger, James J Schneck, John A Thorson and Russell W Rizzardi. View Institutional Ownership Trends for Westamerica Bancorporation.

Which institutional investors are selling Westamerica Bancorporation stock?

WABC stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Deprince Race & Zollo Inc., Comerica Bank, Barclays PLC, Bank of New York Mellon Corp, Sprucegrove Investment Management Ltd., First Trust Advisors LP and Mraz Amerine & Associates Inc.. Company insiders that have sold Westamerica Bancorporation company stock in the last year include Dennis R Hansen, Edward B Sylvester, George S Ensinger, John A Thorson and Russell W Rizzardi. View Insider Buying and Selling for Westamerica Bancorporation.

Which institutional investors are buying Westamerica Bancorporation stock?

WABC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., New York State Common Retirement Fund, Geode Capital Management LLC, Dimensional Fund Advisors LP, Bank of America Corp DE, Rhumbline Advisers, Oregon Public Employees Retirement Fund and Municipal Employees Retirement System of Michigan. 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 $63.30.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.69 billion and generates $199.87 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:  163 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  421
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 2/16/2019 by MarketBeat.com Staff

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