NASDAQ:WABC Westamerica Bancorporation - WABC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Westamerica Bancorporation Please log in to your account or sign up in order to add this asset to your watchlist. $44.30 +0.26 (+0.59%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$43.69▼$44.5950-Day Range$44.04▼$56.6752-Week Range$43.62▼$63.86Volume153,631 shsAverage Volume210,752 shsMarket Capitalization$1.19 billionP/E Ratio9.78Dividend Yield3.79%Price Target$69.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Westamerica Bancorporation MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside55.8% Upside$69.00 Price TargetShort InterestHealthy1.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.17Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-9.02%From $6.10 to $5.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.65 out of 5 starsFinance Sector333rd out of 890 stocksNational Commercial Banks Industry49th out of 86 stocks 3.5 Analyst's Opinion Consensus RatingWestamerica Bancorporation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.00, Westamerica Bancorporation has a forecasted upside of 55.8% from its current price of $44.30.Amount of Analyst CoverageWestamerica Bancorporation has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.96% of the float of Westamerica Bancorporation has been sold short.Short Interest Ratio / Days to CoverWestamerica Bancorporation has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Westamerica Bancorporation has recently increased by 1.31%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipWestamerica Bancorporation is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestamerica Bancorporation does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Westamerica Bancorporation is 37.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Westamerica Bancorporation will have a dividend payout ratio of 30.27% next year. This indicates that Westamerica Bancorporation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WABC. Previous Next 2.9 News and Social Media Coverage News SentimentWestamerica Bancorporation has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Westamerica Bancorporation this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westamerica Bancorporation insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.20% of the stock of Westamerica Bancorporation is held by insiders.Percentage Held by Institutions76.65% of the stock of Westamerica Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Westamerica Bancorporation are expected to decrease by -9.02% in the coming year, from $6.10 to $5.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westamerica Bancorporation is 9.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Westamerica Bancorporation is 9.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 142.20.Price to Book Value per Share RatioWestamerica Bancorporation has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Westamerica Bancorporation (NASDAQ:WABC) StockWestamerica Bancorporation operates as a bank holding company. It provides range of banking services to individual and corporate customers in Northern and Central California. It offers loans and lines of credit, online services, mobile banking, checking, savings, credit cards, cash management, overdraft services, merchant services, professional banking, bank owned property, preventing business loans, payroll services, and trust services. The company was founded in 1972 and is headquartered in San Rafael, CA.Read More Receive WABC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westamerica Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WABC Stock News HeadlinesMarch 29, 2023 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Downgraded by StockNews.com to SellMarch 22, 2023 | americanbankingnews.comWestamerica Bancorporation (NASDAQ:WABC) Downgraded by StockNews.comApril 1, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.March 19, 2023 | thestreet.comWestamerica Stock To Go Ex-dividend Tomorrow (WABC)March 6, 2023 | finance.yahoo.comWestamerica Bancorporation Full Year 2022 Earnings: Beats ExpectationsFebruary 22, 2023 | finance.yahoo.comWhy Is Bank of Hawaii (BOH) Down 0% Since Last Earnings Report?February 1, 2023 | finance.yahoo.comWestamerica Bancorporation's (NASDAQ:WABC) Dividend Will Be $0.42January 31, 2023 | msn.comThursday Is Your Last Chance To Buy Westamerica Bancorp Before The Dividend PayoutApril 1, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." 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And one small company is building them for the Pentagon!January 29, 2023 | seekingalpha.comWestamerica Bancorporation Remains An Odd Duck In The Banking PondJanuary 19, 2023 | finance.yahoo.comWestamerica (WABC) Q4 Earnings Match EstimatesJanuary 19, 2023 | finance.yahoo.comWestamerica Bancorporation Reports Fourth Quarter 2022 Financial ResultsDecember 10, 2022 | finance.yahoo.comEarnings growth of 3.2% over 3 years hasn't been enough to translate into positive returns for Westamerica Bancorporation (NASDAQ:WABC) shareholdersOctober 25, 2022 | nasdaq.comWABC Crosses Above Key Moving Average LevelOctober 20, 2022 | finance.yahoo.comWestamerica Bancorporation Reports Third Quarter 2022 Financial ResultsSeptember 16, 2022 | nasdaq.comWestAmerica Bancorporation is Now Oversold (WABC)August 29, 2022 | finance.yahoo.comWestamerica Bancorporation (NASDAQ:WABC) is favoured by institutional owners who hold 78% of the companyAugust 28, 2022 | nasdaq.comA Westamerica Bancorporation (NASDAQ:WABC) insider lowered their holding by 20% earlier this yearAugust 11, 2022 | reuters.comWABC.OQ - Westamerica Bancorporation | Stock Price & Latest News | ReutersAugust 8, 2022 | reuters.comWABC.PH - Westamerica Bancorporation | Stock Price & Latest News | ReutersAugust 5, 2022 | finance.yahoo.comWill Westamerica (WABC) Gain on Rising Earnings Estimates?August 4, 2022 | finance.yahoo.comThis is Why Westamerica (WABC) is a Great Dividend StockAugust 1, 2022 | finance.yahoo.comHere's Why We Think Westamerica Bancorporation (NASDAQ:WABC) Might Deserve Your Attention TodayJuly 28, 2022 | finance.yahoo.comWestamerica Bancorporation Declares Quarterly Cash Dividend and Announces Stock Repurchase PlanJuly 26, 2022 | finance.yahoo.comWhat Makes Westamerica (WABC) a New Strong Buy StockJuly 22, 2022 | nasdaq.comBullish Two Hundred Day Moving Average Cross - WABCJuly 21, 2022 | finance.yahoo.comWestamerica Bancorporation Reports Second Quarter 2022 Financial ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WABC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westamerica Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WABC Company Calendar Last Earnings10/20/2021Ex-Dividend for 2/17 Dividend2/03/2023Dividend Payable2/17/2023Today3/31/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:WABC CUSIP95709010 CIK311094 Webwww.westamerica.com Phone(415) 257-8000Fax415-257-8013Employees534Year Founded1884Price Target and Rating Average Stock Price Forecast$69.00 High Stock Price Forecast$80.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+55.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.53 Trailing P/E Ratio9.78 Forward P/E Ratio7.26 P/E GrowthN/ANet Income$122.03 million Net Margins45.73% Pretax Margin62.05% Return on Equity19.84% Return on Assets1.70% Debt Debt-to-Equity RatioN/A Current Ratio0.20 Quick Ratio0.20 Sales & Book Value Annual Sales$266.88 million Price / Sales4.47 Cash Flow$4.97 per share Price / Cash Flow8.91 Book Value$22.37 per share Price / Book1.98Miscellaneous Outstanding Shares26,920,000Free Float25,787,000Market Cap$1.19 billion OptionableOptionable Beta0.64 Social Links Key ExecutivesDavid L. PayneChairman, President & Chief Executive OfficerBrian J. DonohoeSenior VP-Operations & Manager-Systems DivisionJesse LeavittChief Financial Officer & Senior Vice PresidentJohn A. ThorsonSenior Vice President & TreasurerRussell W. RizzardiChief Credit Administrator & Senior Vice PresidentKey CompetitorsHope BancorpNASDAQ:HOPESandy Spring BancorpNASDAQ:SASRNational BankNYSE:NBHCPacWest BancorpNASDAQ:PACWFirst Commonwealth FinancialNYSE:FCFView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 6,355 shares on 3/28/2023Ownership: 0.024%MetLife Investment Management LLCSold 816 shares on 3/23/2023Ownership: 0.050%Victory Capital Management Inc.Sold 27,745 shares on 3/10/2023Ownership: 0.508%Equitable Trust Co.Bought 3,411 shares on 2/21/2023Ownership: 0.013%Linden Thomas Advisory Services LLCBought 21,382 shares on 2/17/2023Ownership: 0.079%View All Insider TransactionsView All Institutional Transactions WABC Stock - Frequently Asked Questions Should I buy or sell Westamerica Bancorporation stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WABC shares. View WABC analyst ratings or view top-rated stocks. What is Westamerica Bancorporation's stock price forecast for 2023? 1 brokers have issued 1 year target prices for Westamerica Bancorporation's shares. Their WABC share price forecasts range from $58.00 to $80.00. On average, they anticipate the company's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price. View analysts price targets for WABC or view top-rated stocks among Wall Street analysts. How have WABC shares performed in 2023? Westamerica Bancorporation's stock was trading at $59.01 at the beginning of 2023. Since then, WABC shares have decreased by 24.9% and is now trading at $44.30. View the best growth stocks for 2023 here. When is Westamerica Bancorporation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our WABC earnings forecast. How were Westamerica Bancorporation's earnings last quarter? Westamerica Bancorporation (NASDAQ:WABC) posted its earnings results on Wednesday, October, 20th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.02. The financial services provider had revenue of $54.60 million for the quarter, compared to the consensus estimate of $53.57 million. Westamerica Bancorporation had a trailing twelve-month return on equity of 19.84% and a net margin of 45.73%. How often does Westamerica Bancorporation pay dividends? What is the dividend yield for Westamerica Bancorporation? Westamerica Bancorporation declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.42 per share on Friday, February 17th. This represents a $1.68 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Friday, February 3rd. Read our dividend analysis for WABC. What ETFs hold Westamerica Bancorporation's stock? ETFs with the largest weight of Westamerica Bancorporation (NASDAQ:WABC) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), Vanguard U.S. Minimum Volatility ETF (VFMV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Quality ETF (XSHQ), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and SPDR S&P Regional Banking ETF (KRE). Is Westamerica Bancorporation a good dividend stock? Westamerica Bancorporation (NASDAQ:WABC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.71%. The dividend payout ratio is 37.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WABC will have a dividend payout ratio of 30.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WABC. What is David L. Payne's approval rating as Westamerica Bancorporation's CEO? 37 employees have rated Westamerica Bancorporation Chief Executive Officer David L. Payne on Glassdoor.com. David L. Payne has an approval rating of 36% among the company's employees. This puts David L. Payne in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Union Pacific (UNP), Walgreens Boots Alliance (WBA), Franklin Resources (BEN), CenterPoint Energy (CNP), Walt Disney (DIS), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer (ET), Huntington Bancshares (HBAN) and Helmerich & Payne (HP). What is Westamerica Bancorporation's stock symbol? Westamerica Bancorporation trades on the NASDAQ under the ticker symbol "WABC." Who are Westamerica Bancorporation's major shareholders? Westamerica Bancorporation's stock is owned by a number of retail and institutional investors. Top institutional investors include American Century Companies Inc. (3.53%), Price T Rowe Associates Inc. MD (2.92%), Morgan Stanley (2.58%), Dimensional Fund Advisors LP (2.55%), Geode Capital Management LLC (1.87%) and Millennium Management LLC (1.73%). Insiders that own company stock include George S Ensinger, Michele R Hassid and Millan Catherine C Mac. View institutional ownership trends. How do I buy shares of Westamerica Bancorporation? Shares of WABC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Westamerica Bancorporation's stock price today? One share of WABC stock can currently be purchased for approximately $44.30. How much money does Westamerica Bancorporation make? Westamerica Bancorporation (NASDAQ:WABC) has a market capitalization of $1.19 billion and generates $266.88 million in revenue each year. The financial services provider earns $122.03 million in net income (profit) each year or $4.53 on an earnings per share basis. How many employees does Westamerica Bancorporation have? The company employs 534 workers across the globe. How can I contact Westamerica Bancorporation? Westamerica Bancorporation's mailing address is 1108 FIFTH AVENUE, SAN RAFAEL CA, 94901. The official website for the company is www.westamerica.com. The financial services provider can be reached via phone at (415) 257-8000, via email at investments@westamerica.com, or via fax at 415-257-8013. This page (NASDAQ:WABC) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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