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

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$57.25 -0.75 (-1.29 %)
(As of 12/14/2018 07:31 AM ET)
Previous Close$58.00
Today's Range$57.15 - $58.15
52-Week Range$53.65 - $64.76
Volume78,091 shs
Average Volume79,470 shs
Market Capitalization$1.55 billion
P/E Ratio22.83
Dividend Yield2.76%
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 Ratio22.83
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$190.46 million
Price / Sales8.03
Cash Flow$3.2565 per share
Price / Cash Flow17.58
Book Value$22.34 per share
Price / Book2.56

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$1.55 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. Stockholders of record on Monday, November 5th will be paid 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 2.79%. 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 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. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) announced its quarterly earnings data on Thursday, October, 18th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks' 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 return on equity of 11.54% and a net margin of 28.75%. 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 brokerages have issued 12 month price objectives for Westamerica Bancorporation's stock. Their predictions range from $47.00 to $60.00. On average, they expect Westamerica Bancorporation's stock price to reach $53.6667 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. 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?

News headlines about WABC stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Westamerica Bancorporation earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.42%), Vanguard Group Inc. (10.85%), Vanguard Group Inc (10.85%), American Century Companies Inc. (8.67%), Atlanta Capital Management Co. L L C (8.33%) and Schroder Investment Management Group (2.94%). 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, Morgan Stanley 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, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Bank of New York Mellon Corp, Vanguard Group Inc, Vanguard Group Inc., Dimensional Fund Advisors LP, Ontario Teachers Pension Plan Board and MetLife Investment 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 $57.25.

How big of a company is Westamerica Bancorporation?

Westamerica Bancorporation has a market capitalization of $1.53 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:  155 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  405
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 12/14/2018 by MarketBeat.com Staff

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