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Westamerica Bancorporation (WABC)

Stock Price: $62.61 USD -0.88 (-1.39%)
Updated Aug 13, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.69B
Revenue (ttm) 199.76M
Net Income (ttm) 77.64M
Shares Out 26.93M
EPS (ttm) 2.87
PE Ratio 21.82
Forward PE n/a
Dividend $1.64
Dividend Yield 2.62%

Stock Quote

Trading Day Aug 13, 2020
Last Price $62.61
Previous Close $63.49
Change ($) -0.88
Change (%) -1.39%
Day's Open 63.44
Day's Range 62.47 - 63.44
Day's Volume 56,577
52-Week Range 46.94 - 69.08

More Stats

Market Cap 1.69B
Enterprise Value 1.27B
Earnings Date (est) n/a
Ex-Dividend Date Jul 31, 2020
Shares Outstanding 26.93M
Float 25.87M
EPS (basic) 2.87
EPS (diluted) 2.87
FCF / Share 3.83
Dividend $1.64
Dividend Yield 2.62%
Earnings Yield 4.58%
FCF Yield 6.12%
Payout Ratio n/a
Shares Short 1.45M
Short Ratio 11.84
Short % of Float 8.60%
Beta 0.70
PE Ratio 21.82
Forward PE n/a
P/FCF Ratio 16.35
PS Ratio 8.44
PB Ratio 2.12
Revenue 199.76M
Operating Income 102.10M
Net Income 77.64M
Free Cash Flow 103.13M
Net Cash 414.65M
Net Cash / Share 15.40
Gross Margin 102.01%
Operating Margin 51.11%
Profit Margin 38.90%
FCF Margin 51.62%
ROA 1.29%
ROE 10.34%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 1
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$62.67*
(0.10% upside)
Low
58.0
Current: $62.61
High
65.0
Target: 62.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue204198195184182186199223248259
Revenue Growth3.18%1.53%6.19%0.88%-2.03%-6.53%-11.06%-10.08%-3.9%-
Gross Profit204198195184182186199223248259
Operating Income10591.0087.1779.9676.6778.9586.12107121131
Net Income80.3971.5650.0358.8558.7560.6567.1881.1387.8994.58
Shares Outstanding26.9626.6526.2925.6125.5626.1028.8327.6528.6329.17
Earnings Per Share2.982.671.892.292.302.322.502.933.063.21
EPS Growth11.61%41.27%-17.47%-0.43%-0.86%-7.2%-14.68%-4.25%-4.67%-
Dividend Per Share1.631.601.571.561.531.521.491.481.451.44
Dividend Growth1.87%1.91%0.64%1.96%0.66%2.01%0.68%2.07%0.69%-
Operating Cash Flow80.7096.6380.7577.6470.4082.3185.32119120115
Capital Expenditures-3.99-2.68-2.72-1.82-4.47-3.79-1.69-4.83-2.67-0.85
Free Cash Flow76.7193.9578.0375.8265.9378.5283.62115118114
Cash & Equivalents373420575462433381472491530339
Total Debt30.9351.2558.4759.0853.0311093.25104167195
Net Cash / Debt342369517403380271379387363143
Assets5,6205,5695,5135,3665,1695,0364,8474,9525,0424,932
Liabilities4,8884,9534,9234,8054,6374,5094,3044,3924,4844,386
Book Value731616590561532527543560559545
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Westamerica Bancorporation
Country United States
Employees 737
CEO David L. Payne

Stock Information

Ticker Symbol WABC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: WABC

Description

Westamerica Bancorporation operates as a bank holding company for 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 to local businesses and professionals. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as other loans primarily consisting of indirect automobile loans. Westamerica Bancorporation operates through 80 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.