Westamerica Bancorporation (WABC) to Release Earnings on Thursday
by Scott Moore · The Cerbat GemWestamerica Bancorporation (NASDAQ:WABC – Get Free Report) is anticipated to post its Q1 2026 results before the market opens on Thursday, April 16th. Analysts expect Westamerica Bancorporation to post earnings of $1.08 per share and revenue of $60.70 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Friday, April 24, 2026 at 12:00 AM ET.
Westamerica Bancorporation (NASDAQ:WABC – Get Free Report) last posted its quarterly earnings data on Thursday, January 15th. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.05. The business had revenue of $63.31 million for the quarter, compared to the consensus estimate of $61.90 million. Westamerica Bancorporation had a net margin of 42.75% and a return on equity of 12.52%. On average, analysts expect Westamerica Bancorporation to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Westamerica Bancorporation Stock Up 0.1%
WABC opened at $53.87 on Tuesday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 11.92 and a beta of 0.57. Westamerica Bancorporation has a 52-week low of $43.12 and a 52-week high of $54.71. The firm’s fifty day simple moving average is $51.61 and its two-hundred day simple moving average is $49.56.
Westamerica Bancorporation Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, February 2nd. Westamerica Bancorporation’s dividend payout ratio (DPR) is presently 40.71%.
Westamerica Bancorporation announced that its Board of Directors has approved a share buyback plan on Thursday, December 18th that allows the company to repurchase $2.00 million in shares. This repurchase authorization allows the financial services provider to repurchase up to 0.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
Institutional Investors Weigh In On Westamerica Bancorporation
Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Westamerica Bancorporation by 354.3% during the second quarter. EverSource Wealth Advisors LLC now owns 854 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 666 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Westamerica Bancorporation by 49.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,055 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 351 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of Westamerica Bancorporation by 7,286.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,108 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 1,093 shares during the last quarter. Strs Ohio acquired a new stake in shares of Westamerica Bancorporation during the first quarter valued at about $96,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Westamerica Bancorporation during the first quarter valued at about $99,000. 81.89% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
WABC has been the subject of a number of recent research reports. Wall Street Zen cut shares of Westamerica Bancorporation from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings upgraded shares of Westamerica Bancorporation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Keefe, Bruyette & Woods increased their target price on shares of Westamerica Bancorporation from $53.00 to $55.00 and gave the company a “market perform” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Westamerica Bancorporation currently has an average rating of “Hold” and a consensus target price of $52.50.
View Our Latest Research Report on Westamerica Bancorporation
Westamerica Bancorporation Company Profile
Westamerica Bancorporation (NASDAQ: WABC) is a California-based bank holding company that provides a comprehensive suite of commercial banking, trust and wealth management services. Through its primary subsidiary, Westamerica Bank, the company offers deposit products, lending solutions and treasury management to a diverse clientele that includes small and mid-sized businesses, professionals, non-profit organizations and individuals.
The company’s lending portfolio encompasses commercial real estate financing, agricultural loans, equipment financing and lines of credit designed to support working capital needs.