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

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$62.46 +0.62 (+1.00 %)
(As of 11/19/2018 08:32 AM ET)
Previous Close$61.84
Today's Range$60.43 - $62.57
52-Week Range$53.65 - $64.76
Volume160,293 shs
Average Volume104,688 shs
Market Capitalization$1.67 billion
P/E Ratio24.59
Dividend Yield2.56%
Beta0.98
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

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:WABC
Previous Symbol
CUSIP95709010
Phone707-863-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio0.35
Quick Ratio0.35

Price-To-Earnings

Trailing P/E Ratio24.59
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$190.46 million
Price / Sales8.77
Cash Flow$3.2995 per share
Price / Cash18.93
Book Value$22.34 per share
Price / Book2.80

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$50.02 million
Net Margins28.75%
Return on Equity11.54%
Return on Assets1.22%

Miscellaneous

Employees785
Outstanding Shares26,730,000
Market Cap$1.67 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 announced a quarterly dividend on Thursday, October 25th. Investors of record on Monday, November 5th will be given a dividend of $0.40 per share on Friday, November 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Friday, November 2nd. View Westamerica Bancorporation's Dividend History.

How will Westamerica Bancorporation's stock buyback program work?

Westamerica Bancorporation declared that its Board of Directors has authorized a stock buyback plan on Thursday, July 26th 2018, which authorizes the company to repurchase 1,750,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) posted its quarterly earnings data on Thursday, October, 18th. The financial services provider reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.06. The financial services provider had revenue of $48.25 million for the quarter. Westamerica Bancorporation had a net margin of 28.75% and a return on equity of 11.54%. 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, January 17th 2019. View Earnings Estimates for Westamerica Bancorporation.

What price target have analysts set for WABC?

4 brokers have issued 12-month target prices for Westamerica Bancorporation's shares. Their forecasts range from $47.00 to $60.00. On average, they anticipate Westamerica Bancorporation's stock price to reach $53.6667 in the next twelve months. This suggests that the stock has a possible downside of 14.1%. View Analyst Price Targets for Westamerica Bancorporation.

What is the consensus analysts' recommendation for Westamerica Bancorporation?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last year. There are currently 2 sell ratings and 2 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?

Press coverage about WABC stock has trended very positive on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Westamerica Bancorporation earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

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.

Who are Westamerica Bancorporation's major shareholders?

Westamerica Bancorporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.42%), American Century Companies Inc. (8.67%), Atlanta Capital Management Co. L L C (8.33%), Schroder Investment Management Group (2.94%), Dimensional Fund Advisors LP (2.70%) and JPMorgan Chase & Co. (2.70%). Company insiders that own Westamerica Bancorporation stock include David L Robinson, Dennis R Hansen, Edward B Sylvester, James J Schneck, John A Thorson and Russell W Rizzardi. View Institutional Ownership Trends for Westamerica Bancorporation.

Which major investors are selling Westamerica Bancorporation stock?

WABC stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Victory Capital Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Comerica Bank, Atlanta Capital Management Co. L L C and Rhumbline Advisers. Company insiders that have sold Westamerica Bancorporation company stock in the last year include Dennis R Hansen, Edward B Sylvester, James J Schneck, John A Thorson and Russell W Rizzardi. View Insider Buying and Selling for Westamerica Bancorporation.

Which major investors are buying Westamerica Bancorporation stock?

WABC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Ontario Teachers Pension Plan Board, MetLife Investment Advisors LLC, Paloma Partners Management Co and Teachers Advisors LLC. 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 $62.46.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.67 billion and generates $190.46 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:  154 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  400
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 11/19/2018 by MarketBeat.com Staff

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