Inside the research
Westamerica Bancorporation
WABC Research profile · latest available data
Price overview
$60.67
▲ +0.82 (+1.4%)
| 52w hi | $61.96 |
|---|---|
| 52w lo | $43.73 |
| Vol | 476.10K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.40
| Short | +0.62 |
|---|---|
| Medium | +0.31 |
| Long | +0.12 |
computed 2026-09-27
Key fundamentals
Westamerica Bancorporation
Financial Services · Banks - Regional
| Market cap | $1.40B |
|---|---|
| Enterprise value | $1.25B |
| Trailing P/E | 13.25x |
| Forward P/E | 12.98x |
| P / S (ttm) | 5.56x |
| Profit margin | 43.9% |
| Return on equity | 12.5% |
| Revenue growth | -2.7% |
| Earnings growth | +4.5% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | +0.02 | |
| Technical | +0.12 | |
| Earnings | +0.00 | |
| Sentiment | +0.49 |
macro × 1.00 · 2026-09-27
Business overview
Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products from local businesses and professionals, as well as retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial real estate, residential real estate, real estate construction, consumer installment loans, as well as indirect automobile loans. The company serves small businesses, professionals, and consumers. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1884 and is headquartered in San Rafael, California.
Risk Metrics
| Beta vs SPX | 0.61 |
|---|---|
| Corr SPX | 0.42 |
| Annual vol | 23.6% |
| Annual ret | +12.5% |
| Sharpe | 0.53 |
| Max DD | -25.3% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-23 | Other Material Event, Exhibits | read |
| 2026-07-16 | Earnings Release, Exhibits | read |
| 2026-04-27 | Shareholder Vote | read |
| 2026-04-24 | Other Material Event, Exhibits | read |
| 2026-04-23 | Other Material Event, Exhibits | read |
| 2026-04-16 | Earnings Release, Exhibits | read |
| 2026-01-23 | Officer / Director Change | read |
| 2026-01-22 | Other Material Event, Exhibits | read |
| 2026-01-15 | Earnings Release, Exhibits | read |
| 2025-12-18 | Other Material Event, Exhibits | read |
| 2025-10-23 | Other Material Event, Exhibits | read |
| 2025-10-16 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-22 | Wondeh Inez | Buy | 61 | $3.28K | |
| 2026-04-20 | Baker Robert James Jr | SVP/Banking Division Mana | Sell | 759 | $40.86K |
| 2026-03-02 | DONOHOE BRIAN J | SVP/Chief Information Off | Withheld for tax | 1.01K | $51.41K |
| 2026-03-02 | Baker Robert James Jr | SVP/Banking Division Mana | Withheld for tax | 601 | $30.59K |
| 2026-03-02 | Ensinger George S | SVP/Human Resources Div. | Withheld for tax | 1.16K | $58.84K |
Flow & Concentration
| Insider 180d net | -$37.58K |
|---|---|
| Insider buys / sells | 1 / 1 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 99.9% |
| HHI | 4,555 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $81.79M | 1.39M |
| AQR Capital Management | $29.05M | 495.22K |
| Capital Research / Capital World | $7.78M | 132.55K |
| Citadel Advisors | $6.60M | 112.51K |
| Renaissance Technologies | $4.25M | 72.50K |
| Fidelity / FMR LLC | $162.07K | 2.76K |
| T. Rowe Price Group | $2.55K | 43.45K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Net income | $138.64M | +2.6% | |
| Cash from ops | $121.90M | -1.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $60.07 | $60.72 | $59.85 | $60.67 | 476.10K |
| Sep 24 | $59.44 | $59.91 | $59.14 | $59.85 | 175.30K |
| Sep 23 | $59.13 | $59.43 | $58.91 | $59.23 | 202.70K |
| Sep 22 | $59.73 | $60.70 | $58.84 | $59.04 | 234.10K |
| Sep 21 | $60.71 | $61.00 | $59.42 | $59.48 | 231.20K |
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