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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:WABC

Westamerica Bancorporation (WABC) Stock Price, News & Analysis

$48.88
+0.07 (+0.14%)
(As of 03/28/2024 ET)
Today's Range
$48.43
$49.04
50-Day Range
$44.57
$52.11
52-Week Range
$35.52
$57.96
Volume
189,925 shs
Average Volume
164,969 shs
Market Capitalization
$1.30 billion
P/E Ratio
8.07
Dividend Yield
3.60%
Price Target
$56.50

Westamerica Bancorporation MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.6% Upside
$56.50 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Westamerica Bancorporation in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$2.21 M Sold Last Quarter
Proj. Earnings Growth
-12.15%
From $5.35 to $4.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.80 out of 5 stars

Finance Sector

509th out of 846 stocks

National Commercial Banks Industry

60th out of 83 stocks

WABC stock logo

About Westamerica Bancorporation Stock (NASDAQ:WABC)

Westamerica Bancorporation operates as a bank holding company for the 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. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was founded in 1884 and is headquartered in San Rafael, California.

WABC Stock Price History

WABC Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
WABC Apr 2024 55.000 call
WABC Mar 2024 45.000 put
WABC Mar 2024 50.000 call
Westamerica Bancorporation
Westamerica Bancorp's Dividend Analysis
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Recap: Westamerica Bancorp Q4 Earnings
Westamerica Bancorp: Dividend Insights
See More Headlines
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Company Calendar

Last Earnings
1/18/2024
Ex-Dividend for 2/16 Dividend
2/02/2024
Dividend Payable
2/16/2024
Today
3/28/2024
Next Earnings (Estimated)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:WABC
CUSIP
95709010
Employees
641
Year Founded
1884

Price Target and Rating

Average Stock Price Target
$56.50
High Stock Price Target
$58.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+15.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$161.77 million
Pretax Margin
67.65%

Debt

Sales & Book Value

Annual Sales
$327.54 million
Cash Flow
$6.71 per share
Book Value
$29.00 per share

Miscellaneous

Free Float
25,504,000
Market Cap
$1.30 billion
Optionable
Optionable
Beta
0.55

Social Links

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WABC Stock Analysis - Frequently Asked Questions

Should I buy or sell Westamerica Bancorporation stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westamerica Bancorporation in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WABC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WABC, but not buy additional shares or sell existing shares.
View WABC analyst ratings
or view top-rated stocks.

What is Westamerica Bancorporation's stock price target for 2024?

2 Wall Street analysts have issued 12-month target prices for Westamerica Bancorporation's shares. Their WABC share price targets range from $55.00 to $58.00. On average, they predict the company's share price to reach $56.50 in the next year. This suggests a possible upside of 15.6% 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 2024?

Westamerica Bancorporation's stock was trading at $56.41 on January 1st, 2024. Since then, WABC shares have decreased by 13.3% and is now trading at $48.88.
View the best growth stocks for 2024 here
.

When is Westamerica Bancorporation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our WABC earnings forecast
.

How were Westamerica Bancorporation's earnings last quarter?

Westamerica Bancorporation (NASDAQ:WABC) released its earnings results on Thursday, January, 18th. The financial services provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by $0.02. The financial services provider had revenue of $80.37 million for the quarter, compared to the consensus estimate of $81.03 million. Westamerica Bancorporation had a net margin of 49.39% and a trailing twelve-month return on equity of 23.61%.

How often does Westamerica Bancorporation pay dividends? What is the dividend yield for Westamerica Bancorporation?

Westamerica Bancorporation declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Monday, February 5th will be given a dividend of $0.44 per share on Friday, February 16th. This represents a $1.76 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Friday, February 2nd.
Read our dividend analysis for WABC
.

Is Westamerica Bancorporation a good dividend stock?

Westamerica Bancorporation (NASDAQ:WABC) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WABC will have a dividend payout ratio of 37.45% 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).

Who are Westamerica Bancorporation's major shareholders?

Westamerica Bancorporation's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.11%), Vanguard Group Inc. (13.10%), Dimensional Fund Advisors LP (2.94%), Northern Trust Corp (1.84%), Palisade Capital Management LP (1.65%) and Charles Schwab Investment Management Inc. (1.13%). Insiders that own company stock include Curtis Belton, David L Payne, George S Ensinger, Inez Wondeh, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:WABC) was last updated on 3/28/2024 by MarketBeat.com Staff

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