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

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$63.49 -0.09 (-0.14 %)
(As of 04/19/2019 01:02 PM ET)
Previous Close$63.58
Today's Range$62.74 - $63.89
52-Week Range$52.05 - $65.39
Volume103,174 shs
Average Volume99,986 shs
Market Capitalization$1.71 billion
P/E Ratio23.57
Dividend Yield2.52%
Beta1.03
Westamerica Bancorporation provides banking solutions. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The company provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The company offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. The company offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The company offers domestic and foreign commercial and industrial loans. The bank offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2017, the company has an asset value of 5.6 million USD. It has generated a net income of 71,564 USD in December 31, 2017. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in December 1982. Westamerica Bancorporation was founded in 1972 and is based 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$3.6156 per share
Book Value$23.03 per share

Profitability

Net Income$71.56 million

Miscellaneous

Employees762
Market Cap$1.71 billion
Next Earnings DateN/A
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. Stockholders of record on Monday, February 4th will be paid a dividend of $0.40 per share on Friday, February 15th. This represents a $1.60 annualized dividend and a dividend yield of 2.52%. 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 declared that its board has initiated a stock buyback plan on Thursday, July 26th 2018, which allows the company to buyback 1,750,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) announced its quarterly earnings results on Thursday, April, 18th. The financial services provider reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01. Westamerica Bancorporation had a return on equity of 12.05% and a net margin of 36.90%. View Westamerica Bancorporation's Earnings History.

What price target have analysts set for WABC?

2 brokers have issued 1 year target prices for Westamerica Bancorporation's shares. Their forecasts range from $53.00 to $53.00. On average, they anticipate Westamerica Bancorporation's stock price to reach $53.00 in the next year. This suggests that the stock has a possible downside of 16.5%. View Analyst Price Targets for Westamerica Bancorporation.

What is the consensus analysts' recommendation for Westamerica Bancorporation?

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

Headlines about WABC stock have been trending very positive recently, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news 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 coverage optimism score of 3.6 on InfoTrie's scale. They also assigned news headlines 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 effect on the stock's share price in the next several days.

Who are some of Westamerica Bancorporation's key competitors?

What other stocks do shareholders of Westamerica Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westamerica Bancorporation investors own include Fidelity Southern (LION), Syngenta (SYT), Union Pacific (UNP), Twenty-First Century Fox (FOX), Randgold Resources (GOLD), Resources Connection (RECN), Sinclair Broadcast Group (SBGI), STAAR Surgical (STAA), salesforce.com (CRM) and Covanta (CVA).

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. George Ensinger, Sr. VP & HR Division Mang. (Age 65)
  • Mr. Brian J. Donohoe, Sr. VP and Operations & Systems Division Mang. (Age 38)
  • Ms. Diane Cunningham, Corp. Exec. Sec.

Who are Westamerica Bancorporation's major shareholders?

Westamerica Bancorporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (0.91%). 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 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.. 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.

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 $63.49.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.71 billion and generates $199.87 million in revenue each year. Westamerica Bancorporation employs 762 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:  2.0 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  436
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 4/19/2019 by MarketBeat.com Staff

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