NASDAQ:WABC - Westamerica Bancorporation Stock Price, Price Target & More

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$60.25 +0.15 (+0.25 %)
(As of 06/22/2018 12:55 PM ET)
Previous Close$60.66
Today's Range$60.25 - $60.66
52-Week Range$49.38 - $64.26
Volume207 shs
Average Volume89,843 shs
Market Capitalization$1.62 billion
P/E Ratio25.18
Dividend Yield2.64%
Beta0.99
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

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 / Sales8.42
Cash Flow$3.2762 per share
Price / Cash18.39
Book Value$22.34 per share
Price / Book2.70

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$50.02 million
Net Margins27.34%
Return on Equity10.73%
Return on Assets1.16%

Miscellaneous

Employees785
Outstanding Shares26,630,000

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, April 26th. Investors of record on Monday, May 7th will be given a dividend of $0.40 per share on Friday, May 18th. This represents a $1.60 annualized dividend and a yield of 2.66%. The ex-dividend date is Friday, May 4th. View Westamerica Bancorporation's Dividend History.

How will Westamerica Bancorporation's stock buyback program work?

Westamerica Bancorporation declared that its Board of Directors has initiated a stock buyback program on Friday, July 28th 2017, which permits the company to repurchase 1,750,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) posted its quarterly earnings results on Thursday, April, 19th. The financial services provider reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The financial services provider earned $46 million during the quarter. Westamerica Bancorporation had a net margin of 27.34% and a return on equity of 10.73%. 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, July, 19th 2018. View Earnings Estimates for Westamerica Bancorporation.

What price target have analysts set for WABC?

4 equities research analysts have issued twelve-month target prices for Westamerica Bancorporation's stock. Their forecasts range from $50.00 to $60.00. On average, they expect Westamerica Bancorporation's share price to reach $54.6667 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:
  • 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.

Has Westamerica Bancorporation been receiving favorable news coverage?

Press coverage about WABC stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Westamerica Bancorporation earned a media sentiment score of 0.04 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.99 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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. (12.98%), American Century Companies Inc. (8.74%), Atlanta Capital Management Co. L L C (8.41%), Schroder Investment Management Group (3.09%), JPMorgan Chase & Co. (2.98%) and Dimensional Fund Advisors LP (2.49%). 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 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., JPMorgan Chase & Co., Schroder Investment Management Group, Russell Investments Group Ltd., Tiverton Asset Management LLC, Wells Fargo & Company MN, California Public Employees Retirement System and Atlanta Capital Management Co. L L C. 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 institutional investors are buying Westamerica Bancorporation stock?

WABC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Palisade Capital Management LLC NJ, American Century Companies Inc., Comerica Bank, Principal Financial Group Inc., Principal Financial Group Inc., UBS Group AG and Barclays PLC. 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 $60.25.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.62 billion and generates $190.46 million in revenue each year. Westamerica Bancorporation employs 785 workers across the globe.

How can I contact Westamerica Bancorporation?

Westamerica Bancorporation's mailing address is 1108 FIFTH AVENUE, SAN RAFAEL CA, 94585. 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 (WABC)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  327
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 6/22/2018 by MarketBeat.com Staff

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