Westamerica Bancorp (WABC)

• Market cap: $1.38B
• 1 day: 0.60%
• 5 days: -7.34%
• 1 month: -7.06%
• 3 months: 3.61%
• 6 months: 9.97%
• Year to date: -8.13%
• 1 year: -7.18%
• 5 years: -24.30%
• 10 years: 6.86%
• Sector: Financials
• Industry: National Commercial Banks

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 Q3 regulatory filings by fund managers ($100M+ AUM)

1,980% more call options, than puts

Call options by funds: $104K | Put options by funds: $5K

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

2% more funds holding

Funds holding: 189 [Q2] → 192 (+3) [Q3]

3% less capital invested

Capital invested by funds: $1.03B [Q2] → $1.01B (-$27.1M) [Q3]

3.51% less ownership

Funds ownership: 79.76% [Q2] → 76.25% (-3.51%) [Q3]

24% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 75

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]