Westamerica Bancorporation (WABC) Expected to Announce Quarterly Earnings on Thursday

Westamerica Bancorporation (NASDAQ:WABC) is anticipated to issue its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $66.47 million for the quarter.

Westamerica Bancorporation (NASDAQ:WABC) last issued its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.19. Westamerica Bancorporation had a net margin of 44.55% and a return on equity of 16.15%. During the same period in the prior year, the business posted $1.48 earnings per share. 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 Performance

Shares of WABC opened at $45.00 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.27 and a quick ratio of 0.26. The firm’s 50 day moving average is $49.37 and its 200-day moving average is $51.68. Westamerica Bancorporation has a 12-month low of $42.00 and a 12-month high of $59.97. The stock has a market capitalization of $1.20 billion, a P/E ratio of 8.65 and a beta of 0.63.

Westamerica Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a $0.44 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.76 annualized dividend and a yield of 3.91%. Westamerica Bancorporation’s dividend payout ratio (DPR) is 33.85%.

Westamerica Bancorporation Company Profile

Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit.