Westamerica BancorpWABC
Market Cap: $1.33B
About: Westamerica Bancorp is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has approximately $7.5 billion in assets. The banks' net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.
Employees: 641
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $97K | Put options by funds: $53K
0% more funds holding
Funds holding: 188 [Q1] → 188 (+0) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
2% less capital invested
Capital invested by funds: $1.02B [Q1] → $1B (-$23.7M) [Q2]
1.27% less ownership
Funds ownership: 78.57% [Q1] → 77.31% (-1.27%) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 71
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Andrew Liesch 81% 1-year accuracy 22 / 27 met price target | 14%upside $57 | Neutral Maintained | 19 Jul 2024 |