Westamerica Bancorporation

Company Profile

Westamerica Bancorporation had its IPO on 1992-03-17 under the ticker symbol WABC.

The company operates in the Financial Services sector and Banks-Regional industry. Westamerica Bancorporation has a staff strength of 594 employees.

Stock update

Shares of Westamerica Bancorporation opened at $43.52 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.33 - $43.89, and closed at $43.68.

This is a +0.37% increase from the previous day's closing price.

A total volume of 80,861 shares were traded at the close of the day’s session.

In the last one week, shares of Westamerica Bancorporation have slipped by -3.32%.

Westamerica Bancorporation's Key Ratios

Westamerica Bancorporation has a market cap of $1.16 billion, indicating a price to book ratio of 2.8571 and a price to sales ratio of 6.3684.

In the last 12-months Westamerica Bancorporation’s revenue was $312.22 million with a gross profit of $264.02 million and an EBITDA of $0. The EBITDA ratio measures Westamerica Bancorporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Westamerica Bancorporation’s operating margin was 69.2% while its return on assets stood at 2.24% with a return of equity of 24.4%.

In Q2, Westamerica Bancorporation’s quarterly earnings growth was a positive 60.6% while revenue growth was a positive 37.1%.

Westamerica Bancorporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.5294

PEG

8.32

Its diluted EPS in the last 12-months stands at $5.78 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 8.32. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Westamerica Bancorporation’s profitability.

Westamerica Bancorporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 6.3684.

Westamerica Bancorporation stock pays annual dividends of $1.68 per share, indicating a yield of 4.04% and a payout ratio of 29.46%.

Balance sheet and cash flow metrics

Total Assets

$6.58 billion

Total Liabilities

$138.01 million

Operating Cash Flow

$168.07 million

Capital Expenditure

$79000

Dividend Payout Ratio

29.46%

Westamerica Bancorporation ended 2024 with $6.58 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.58 billion while shareholder equity stood at $651.86 million.

Westamerica Bancorporation ended 2024 with $0 in deferred long-term liabilities, $138.01 million in other current liabilities, 471510000.00 in common stock, $432.40 million in retained earnings and $121.67 million in goodwill. Its cash balance stood at $266.19 million and cash and short-term investments were $2.80 billion. The company’s total short-term debt was $138,005,000 while long-term debt stood at $0.

Westamerica Bancorporation’s total current assets stands at $2.80 billion while long-term investments were $3.43 billion and short-term investments were $2.53 billion. Its net receivables were $53.78 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Westamerica Bancorporation's operating cash flow was $168.07 million while its capital expenditure stood at $79000.

Comparatively, Westamerica Bancorporation paid $0.29 in dividends in 2024.

Other key metrics

Current Trading Price

$43.68

52-Week High

$62.113

52-Week Low

$34.8094

Analyst Target Price

$52.33

Westamerica Bancorporation stock is currently trading at $43.68 per share. It touched a 52-week high of $62.113 and a 52-week low of $62.113. Analysts tracking the stock have a 12-month average target price of $52.33.

Its 50-day moving average was $44.99 and 200-day moving average was $47.24 The short ratio stood at 2.15 indicating a short percent outstanding of 0%.

Around 395.7% of the company’s stock are held by insiders while 7709% are held by institutions.