Westamerica BancorpWABC
WABC
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
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,554% more call options, than puts
Call options by funds: $430K | Put options by funds: $26K
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
16% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 62
7% more capital invested
Capital invested by funds: $1.01B [Q3] → $1.08B (+$72.6M) [Q4]
7% more funds holding
Funds holding: 193 [Q3] → 206 (+13) [Q4]
0.8% more ownership
Funds ownership: 76.24% [Q3] → 77.04% (+0.8%) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
4%
upside
Avg. target
$53
9%
upside
High target
$55
14%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Kelly Motta 39% 1-year accuracy 7 / 18 met price target | 14%upside $55 | Market Perform Maintained | 21 Apr 2025 |
Piper Sandler Andrew Liesch 48% 1-year accuracy 10 / 21 met price target | 4%upside $50 | Neutral Maintained | 21 Apr 2025 |
Financial journalist opinion
Based on 3 articles about WABC published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Westamerica Bancorporation Increases Quarterly Cash Dividend
SAN RAFAEL, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.46 per share, which represents a two cent per share increase from the prior quarter, on common stock outstanding to shareholders of record at the close of business May 5, 2025. The dividend is payable May 16, 2025.
Positive
Zacks Investment Research
1 week ago
Westamerica (WABC) Surpasses Q1 Earnings and Revenue Estimates
Westamerica (WABC) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.37 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
Westamerica Bancorporation Reports First Quarter 2025 Financial Results
SAN RAFAEL, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2025 of $31.0 million and diluted earnings per common share ("EPS") of $1.16. First quarter 2025 results include a reversal of provision for credit losses of $550 Thousand, which increased EPS $0.01. These results compare to fourth quarter 2024 net income of $31.7 million and EPS of $1.19.
Neutral
GlobeNewsWire
1 month ago
Westamerica Bancorporation Announces Stock Repurchase Plan
SAN RAFAEL, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today approved a plan to repurchase, as conditions warrant, up to 2,000,000 shares of the Company's common stock on the open market or in privately negotiated transactions prior to March 31, 2026. The repurchase plan represents approximately 7.5 percent of the Company's common stock outstanding as of December 31, 2024.
Neutral
GlobeNewsWire
3 months ago
Westamerica Bancorporation Declares Quarterly Cash Dividend
SAN RAFAEL, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business February 3, 2025. The dividend is payable February 14, 2025.
Negative
Zacks Investment Research
3 months ago
Westamerica (WABC) Lags Q4 Earnings and Revenue Estimates
Westamerica (WABC) came out with quarterly earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.48 per share a year ago.
Neutral
GlobeNewsWire
3 months ago
Westamerica Bancorporation Reports Fourth Quarter 2024 Financial Results
SAN RAFAEL, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2024 of $31.7 million and diluted earnings per common share ("EPS") of $1.19. Fourth quarter 2024 results include an increase to the book tax provision to reconcile the 2023 income tax provision to the filed 2023 tax returns, which reduced EPS $0.01. Fourth quarter 2024 results compare to third quarter 2024 net income of $35.1 million and EPS of $1.31, which included gains from life insurance and sales of other assets equivalent to EPS of $0.04.
Neutral
GlobeNewsWire
6 months ago
Westamerica Bancorporation Declares Quarterly Cash Dividend
SAN RAFAEL, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business November 4, 2024. The dividend is payable November 15, 2024.
Positive
Zacks Investment Research
6 months ago
Westamerica (WABC) Q3 Earnings Match Estimates
Westamerica (WABC) came out with quarterly earnings of $1.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.55 per share a year ago.
Neutral
GlobeNewsWire
6 months ago
Westamerica Bancorporation Reports Third Quarter 2024 Financial Results
SAN RAFAEL, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2024 of $35.1 million and diluted earnings per common share ("EPS") of $1.31, which includes gains from life insurance and sales of other assets equivalent to $0.04 EPS. Third quarter 2024 results compare to second quarter 2024 net income of $35.5 million and EPS of $1.33.
Charts implemented using Lightweight Charts™