Westamerica Bancorp (WABC)

• Market cap: $1.27B
• 1 day: 1.21%
• 5 days: 6.54%
• 1 month: -8.21%
• 3 months: -7.17%
• 6 months: -7.69%
• Year to date: -7.37%
• 1 year: -0.02%
• 5 years: -22.66%
• 10 years: 7.96%
• Sector: Financials
• Industry: Banks - Regional

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 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 5% upside
• Avg. target: $53 10% upside
• High target: $55 15% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Keefe, Bruyette & Woods Kelly Motta 39% 1-year accuracy 7 / 18 met price target	15% upside $55	Market Perform Maintained	21 Apr 2025
Piper Sandler Andrew Liesch 33% 1-year accuracy 7 / 21 met price target	5% upside $50	Neutral Maintained	21 Apr 2025