Westamerica Bancorporation Stock Today
| WABC Stock | USD 47.37 0.59 1.26% |
Performance0 of 100
| Odds Of DistressLess than 6
|
Westamerica Bancorporation is trading at 47.37 as of the 23rd of April 2024, a 1.26% increase since the beginning of the trading day. The stock's open price was 46.78. Westamerica Bancorporation has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Westamerica Bancorporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
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 26.68 M outstanding shares of which 327.54 K shares are at this time shorted by private and institutional investors with about 2.32 trading days to cover. More on Westamerica Bancorporation
Moving together with Westamerica Stock
| 0.66 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.68 | PB | Prosperity Bancshares Earnings Call Tomorrow | PairCorr |
Moving against Westamerica Stock
| 0.56 | VBFC | Village Bank | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 18th of July 2024
Westamerica Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westamerica Bancorporation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westamerica Bancorporation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | David Payne | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Banking (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional 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 Analysts covering Westamerica Bancorporation report their recommendations after researching Westamerica Bancorporation's financial statements, talking to executives and customers, or listening in on Westamerica Bancorporation's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Westamerica Bancorporation. The Westamerica consensus assessment is calculated by taking the average forecast from all of the analysts covering Westamerica Bancorporation. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Westamerica Bancorporation's profitability, liquidity, and operating efficiency, Westamerica Bancorporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Westamerica Bancorporation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Westamerica Bancorporation's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Westamerica Bancorporation's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 1.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westamerica Bancorporation's market, we take the total number of its shares issued and multiply it by Westamerica Bancorporation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Westamerica Bancorporation conducts business under Banks sector and is part of Financials industry. The entity has 26.68 M outstanding shares of which 327.54 K shares are at this time shorted by private and institutional investors with about 2.32 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 AllocationWestamerica Bancorporation owns a total of 26.68 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Westamerica Ownership Details
Westamerica Stock Price Odds Analysis
What are Westamerica Bancorporation's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Westamerica Bancorporation jumping above the current price in 90 days from now is about 43.22%. The Westamerica Bancorporation probability density function shows the probability of Westamerica Bancorporation stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.056. This entails Westamerica Bancorporation market returns are highly-sensitive to returns on the market. As the market goes up or down, Westamerica Bancorporation is expected to follow. Additionally, westamerica Bancorporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Westamerica Bancorporation to move above the current price in 90 days from now is about 43.22 (This Westamerica Bancorporation probability density function shows the probability of Westamerica Stock to fall within a particular range of prices over 90 days) .
Westamerica Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Westamerica Bancorporation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Westamerica Bancorporation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Westamerica Bancorporation's value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 305.5 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 300.3 K | |
| Rbo & Co Llc | 2023-12-31 | 294.7 K | |
| Manufacturers Life Insurance Co | 2023-12-31 | 294 K | |
| Ameriprise Financial Inc | 2023-12-31 | 267.4 K | |
| Clifford Capital Partners, Llc | 2023-12-31 | 264.4 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 221.2 K | |
| Jupiter Asset Management Limited | 2023-12-31 | 180.1 K | |
| Norges Bank | 2023-12-31 | 172.5 K | |
| Blackrock Inc | 2023-12-31 | 3.9 M | |
| Vanguard Group Inc | 2023-12-31 | 3.5 M |
Westamerica Bancorporation Historical Income Statement
Westamerica Bancorporation Income Statement is one of the three primary financial statements used for reporting Westamerica's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Westamerica Bancorporation revenue and expense. Westamerica Bancorporation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Westamerica Bancorporation's Total Operating Expenses is projected to decrease 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 114 K. View More FundamentalsWestamerica Stock Against Markets
Picking the right benchmark for Westamerica Bancorporation stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Westamerica Bancorporation stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Westamerica Bancorporation is critical whether you are bullish or bearish towards Westamerica Bancorporation at a given time. Please also check how Westamerica Bancorporation's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Westamerica Bancorporation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |
Westamerica Bancorporation Corporate Directors
Westamerica Bancorporation corporate directors refer to members of a Westamerica Bancorporation board of directors. The board of directors generally takes responsibility for the Westamerica Bancorporation's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Westamerica Bancorporation's board members must vote for the resolution. The Westamerica Bancorporation board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Catherine MacMillan | Independent Director | Profile | |
| Joseph Bowler | Independent Director | Profile | |
| E Bowler | Independent Director | Profile | |
| Arthur Latno | Independent Director | Profile |
How to buy Westamerica Stock?
Before investing in Westamerica Bancorporation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Westamerica Bancorporation. To buy Westamerica Bancorporation stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westamerica Bancorporation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Westamerica Bancorporation stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Westamerica Bancorporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Westamerica Bancorporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Westamerica Bancorporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Westamerica Stock please use our How to Invest in Westamerica Bancorporation guide.
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 tightly coupled 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.Note that the Westamerica Bancorporation information on this page should be used as a complementary analysis to other Westamerica Bancorporation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Westamerica Stock analysis
When running Westamerica Bancorporation's price analysis, check to measure Westamerica Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westamerica Bancorporation is operating at the current time. Most of Westamerica Bancorporation's value examination focuses on studying past and present price action to predict the probability of Westamerica Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westamerica Bancorporation's price. Additionally, you may evaluate how the addition of Westamerica Bancorporation to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Westamerica Bancorporation's industry 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 (0.09) | Dividend Share 1.74 | Earnings Share 6.06 | Revenue Per Share 11.96 | Quarterly Revenue Growth (0.07) |
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.