Westamerica Bancorporation (WABC)

Market Cap	1.26B
Revenue (ttm)	324.80M
Net Income (ttm)	161.77M
Shares Out	26.68M
EPS (ttm)	6.06
PE Ratio	7.79
Forward PE	8.70
Dividend	$1.76 (3.73%)
Ex-Dividend Date	Feb 2, 2024

Volume	118,538
Open	47.41
Previous Close	47.86
Day's Range	46.73 - 47.67
52-Week Range	35.52 - 57.96
Beta	0.56
Analysts	Hold
Price Target	51.67 (+9.45%)
Earnings Date	Apr 18, 2024

About WABC

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 accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. The company was formerly known as Independent Bankshares Corporat...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1972
• Employees: 641
• Stock Exchange: NASDAQ
• Ticker Symbol: WABC

Financial Performance

In 2023, WABC's revenue was $324.80 million, an increase of 22.59% compared to the previous year's $264.95 million. Earnings were $161.77 million, an increase of 32.56%.

Analyst Forecast

According to 3 analysts, the average rating for WABC stock is "Hold." The 12-month stock price forecast is $51.67, which is an increase of 9.45% from the latest price.

Price Target

$51.67

(9.45% upside)

Analyst Consensus: Hold