Westamerica Bancorporation (WABC) Expected to Announce Quarterly Earnings on Thursday

Westamerica Bancorporation (NASDAQ:WABCGet Free Report) is expected to issue its Q1 2026 results before the market opens on Thursday, April 16th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $60.70 million for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Friday, April 17, 2026 at 12:00 AM ET.

Westamerica Bancorporation (NASDAQ:WABCGet Free Report) last posted its quarterly earnings results on Thursday, January 15th. The financial services provider reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. Westamerica Bancorporation had a return on equity of 12.52% and a net margin of 42.75%.The company had revenue of $63.31 million for the quarter, compared to analysts’ expectations of $61.90 million. On average, analysts expect Westamerica Bancorporation to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Westamerica Bancorporation Trading Up 2.1%

NASDAQ WABC opened at $53.70 on Thursday. The stock’s 50 day moving average is $51.41 and its 200 day moving average is $49.45. Westamerica Bancorporation has a 12 month low of $42.00 and a 12 month high of $54.03. The stock has a market cap of $1.30 billion, a PE ratio of 11.88 and a beta of 0.57.

Westamerica Bancorporation declared that its board has approved a share buyback program on Thursday, December 18th that allows the company to repurchase $2.00 million in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 0.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Westamerica Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were issued a $0.46 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.84 dividend on an annualized basis and a yield of 3.4%. Westamerica Bancorporation’s payout ratio is currently 40.71%.

Analyst Upgrades and Downgrades

WABC has been the topic of a number of research analyst reports. Weiss Ratings raised Westamerica Bancorporation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Wall Street Zen cut Westamerica Bancorporation from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Keefe, Bruyette & Woods upped their price objective on Westamerica Bancorporation from $53.00 to $55.00 and gave the stock a “market perform” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $52.50.

Read Our Latest Stock Analysis on WABC

Institutional Trading of Westamerica Bancorporation

Hedge funds have recently modified their holdings of the company. Oxford Asset Management LLP purchased a new stake in shares of Westamerica Bancorporation during the 4th quarter worth approximately $351,000. Weiss Asset Management LP bought a new position in shares of Westamerica Bancorporation during the 4th quarter valued at approximately $273,000. Captrust Financial Advisors bought a new position in shares of Westamerica Bancorporation during the 4th quarter valued at approximately $228,000. Brooklyn Investment Group bought a new position in shares of Westamerica Bancorporation during the 4th quarter valued at approximately $296,000. Finally, Brevan Howard Capital Management LP bought a new position in shares of Westamerica Bancorporation during the 3rd quarter valued at approximately $333,000. 81.89% of the stock is owned by hedge funds and other institutional investors.

Westamerica Bancorporation Company Profile

(Get Free Report)

Westamerica Bancorporation (NASDAQ: WABC) is a California-based bank holding company that provides a comprehensive suite of commercial banking, trust and wealth management services. Through its primary subsidiary, Westamerica Bank, the company offers deposit products, lending solutions and treasury management to a diverse clientele that includes small and mid-sized businesses, professionals, non-profit organizations and individuals.

The company’s lending portfolio encompasses commercial real estate financing, agricultural loans, equipment financing and lines of credit designed to support working capital needs.

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Earnings History for Westamerica Bancorporation (NASDAQ:WABC)

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