Westamerica Bancorporation Stock Today

WABC Stock  USD 57.23  0.31  0.54%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Westamerica Bancorporation is trading at 57.23 as of the 30th of November 2024, a 0.54% down since the beginning of the trading day. The stock's open price was 57.54. Westamerica Bancorporation has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Note, on March 30, 2022, Representative James M Costa of US Congress acquired $15k to $50k worth of Westamerica Bancorporation's common stock.
Business Domain
Banks
IPO Date
17th of March 1992
Category
Financial Services
Classification
Financials
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company was incorporated in 1972 and is headquartered in San Rafael, California. The company has 26.69 M outstanding shares of which 185 K shares are at this time shorted by private and institutional investors with about 1.44 trading days to cover. More on Westamerica Bancorporation

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Westamerica Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDavid Payne
Thematic IdeaBanking (View all Themes)
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Banking, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02670.0254
Sufficiently Up
Slightly volatile
Asset Turnover0.05180.0446
Fairly Up
Slightly volatile
Total Current Liabilities1.7 B2.7 B
Way Down
Slightly volatile
Non Current Liabilities Total5.9 B5.6 B
Sufficiently Up
Slightly volatile
Total Assets4.7 B6.4 B
Way Down
Slightly volatile
Total Current Assets180.8 M190.3 M
Notably Down
Slightly volatile
Total Cash From Operating Activities92.4 M158.2 M
Way Down
Slightly volatile
Debt Levels
Westamerica Bancorporation can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Westamerica Bancorporation's financial leverage. It provides some insight into what part of Westamerica Bancorporation's total assets is financed by creditors.
Liquidity
Westamerica Bancorporation currently holds 18.81 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Westamerica Bancorporation's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

88.78 Million
Westamerica Bancorporation (WABC) is traded on NASDAQ Exchange in USA. It is located in 1108 Fifth Avenue, San Rafael, CA, United States, 94901 and employs 641 people. Westamerica Bancorporation is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.54 B. Westamerica Bancorporation conducts business under Banks sector and is part of Financials industry. The entity has 26.69 M outstanding shares of which 185 K shares are at this time shorted by private and institutional investors with about 1.44 trading days to cover. Westamerica Bancorporation currently holds about 413.66 M in cash with 158.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.37.
Check Westamerica Bancorporation Probability Of Bankruptcy
Ownership Allocation
Westamerica Bancorporation retains a total of 26.69 Million outstanding shares. The majority of Westamerica Bancorporation outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Westamerica Bancorporation to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Westamerica Bancorporation. Please pay attention to any change in the institutional holdings of Westamerica Bancorporation as this could imply that something significant has changed or is about to change at the company. On March 30, 2022, Representative James M Costa of US Congress acquired $15k to $50k worth of Westamerica Bancorporation's common stock.
Check Westamerica Ownership Details

Westamerica Stock Institutional Holders

InstituionRecorded OnShares
Rbo & Co Llc2024-09-30
295.1 K
Bank Of New York Mellon Corp2024-06-30
291.7 K
Nuveen Asset Management, Llc2024-06-30
281.3 K
Manufacturers Life Insurance Co2024-09-30
257.6 K
Amvescap Plc.2024-06-30
239.5 K
Ameriprise Financial Inc2024-06-30
239.3 K
Maltese Capital Management Llc2024-09-30
222.9 K
Kennedy Capital Management Inc2024-09-30
182.1 K
Arrowstreet Capital Limited Partnership2024-06-30
176.9 K
Blackrock Inc2024-06-30
3.8 M
Vanguard Group Inc2024-09-30
3.5 M
View Westamerica Bancorporation Diagnostics

Westamerica Bancorporation Historical Income Statement

At present, Westamerica Bancorporation's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 169.9 M, whereas Interest Expense is forecasted to decline to about 3.7 M. View More Fundamentals

Westamerica Stock Against Markets

Westamerica Bancorporation Corporate Management

Already Invested in Westamerica Bancorporation?

The danger of trading Westamerica Bancorporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westamerica Bancorporation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westamerica Bancorporation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westamerica Bancorporation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westamerica Bancorporation. If investors know Westamerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westamerica Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.76
Earnings Share
5.49
Revenue Per Share
11.398
Quarterly Revenue Growth
(0.10)
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.