Westamerica Bancorporation (WABC) Expected to Announce Earnings on Thursday

Westamerica Bancorporation (NASDAQ:WABCGet Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, July 16th. Analysts expect Westamerica Bancorporation to post earnings of $1.10 per share and revenue of $61.60 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 16, 2026 at 11:30 AM ET.

Westamerica Bancorporation (NASDAQ:WABCGet Free Report) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $62.08 million for the quarter, compared to the consensus estimate of $60.70 million. Westamerica Bancorporation had a net margin of 42.08% and a return on equity of 12.26%.

Westamerica Bancorporation Trading Down 1.9%

Shares of NASDAQ WABC opened at $57.65 on Thursday. The firm has a 50 day moving average of $56.53 and a 200 day moving average of $53.01. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 12.84 and a beta of 0.56. Westamerica Bancorporation has a 12-month low of $44.93 and a 12-month high of $60.53.

Westamerica Bancorporation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a dividend of $0.48 per share. The ex-dividend date was Monday, May 4th. This represents a $1.92 annualized dividend and a dividend yield of 3.3%. This is a boost from Westamerica Bancorporation’s previous quarterly dividend of $0.46. Westamerica Bancorporation’s dividend payout ratio is 42.76%.

Insider Activity

In other news, SVP Robert James Baker, Jr. sold 759 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $53.83, for a total value of $40,856.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Westamerica Bancorporation by 0.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 42,725 shares of the financial services provider’s stock worth $2,044,000 after buying an additional 201 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Westamerica Bancorporation by 0.7% in the second quarter. CANADA LIFE ASSURANCE Co now owns 32,377 shares of the financial services provider’s stock valued at $1,570,000 after acquiring an additional 213 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Westamerica Bancorporation by 1.7% in the fourth quarter. Royal Bank of Canada now owns 14,761 shares of the financial services provider’s stock valued at $706,000 after acquiring an additional 241 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Westamerica Bancorporation by 49.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,055 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 351 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Westamerica Bancorporation by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,261 shares of the financial services provider’s stock worth $773,000 after acquiring an additional 642 shares during the period. Institutional investors own 81.89% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WABC. Weiss Ratings raised shares of Westamerica Bancorporation from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Keefe, Bruyette & Woods raised their target price on Westamerica Bancorporation from $55.00 to $58.00 and gave the stock a “market perform” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Westamerica Bancorporation currently has an average rating of “Moderate Buy” and an average price target of $58.00.

Check Out Our Latest Stock Analysis on WABC

About Westamerica Bancorporation

(Get Free Report)

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.

Recommended Stories

Earnings History for Westamerica Bancorporation (NASDAQ:WABC)

Receive News & Ratings for Westamerica Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westamerica Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.