Westamerica Bancorporation (NASDAQ:WABC) is scheduled to be announcing its earnings results on Wednesday, January 17th. Analysts expect the company to announce earnings of $0.58 per share for the quarter.
Westamerica Bancorporation (NASDAQ:WABC) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.57 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.57. Westamerica Bancorporation had a return on equity of 10.28% and a net margin of 33.38%. The business had revenue of $45.22 million for the quarter.
Westamerica Bancorporation (NASDAQ WABC) opened at $58.56 on Wednesday. Westamerica Bancorporation has a 1 year low of $49.38 and a 1 year high of $64.26. The firm has a market capitalization of $1,541.22, a price-to-earnings ratio of 25.46 and a beta of 1.07.
WABC has been the topic of several research analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $58.00 price objective on shares of Westamerica Bancorporation in a research report on Friday, December 22nd. BidaskClub cut Westamerica Bancorporation from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, Sandler O’Neill reissued a “sell” rating and issued a $54.00 price objective on shares of Westamerica Bancorporation in a research report on Thursday, January 4th.
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About Westamerica Bancorporation
Westamerica Bancorporation is a bank holding company. The Company provides a range of banking services to individual and corporate customers in Northern and Central California through its subsidiary bank, Westamerica Bank. The communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south.
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