Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
WABC 
Westamerica Bancorporation (WABC)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: WABC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -16.55% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.33B USD | Price to earnings Ratio 9.56 | 1Y Target Price 57 |
Price to earnings Ratio 9.56 | 1Y Target Price 57 | ||
Volume (30-day avg) 163480 | Beta 0.54 | 52 Weeks Range 43.56 - 59.46 | Updated Date 04/1/2025 |
52 Weeks Range 43.56 - 59.46 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 3.48% | Basic EPS (TTM) 5.2 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 47.28% | Operating Margin (TTM) 64.41% |
Management Effectiveness
Return on Assets (TTM) 2.23% | Return on Equity (TTM) 16.67% |
Valuation
Trailing PE 9.56 | Forward PE - | Enterprise Value 864488832 | Price to Sales(TTM) 4.53 |
Enterprise Value 864488832 | Price to Sales(TTM) 4.53 | ||
Enterprise Value to Revenue 4.58 | Enterprise Value to EBITDA - | Shares Outstanding 26715300 | Shares Floating 25460340 |
Shares Outstanding 26715300 | Shares Floating 25460340 | ||
Percent Insiders 4.66 | Percent Institutions 78.82 |
Analyst Ratings
Rating 3 | Target Price 57 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Westamerica Bancorporation
Company Overview
History and Background
Westamerica Bancorporation was founded in 1884 as The Bank of America in San Rafael, California. It has grown through acquisitions and organic expansion, focusing on community banking in Northern and Central California. Key milestones include surviving the Great Depression and adapting to changing banking regulations and technology.
Core Business Areas
- Commercial Banking: Provides a range of loan and deposit products to businesses, including commercial real estate lending, business loans, and treasury management services.
- Retail Banking: Offers deposit accounts, mortgages, consumer loans, and other financial services to individuals.
- Wealth Management: Provides investment management, trust services, and financial planning to high-net-worth individuals.
Leadership and Structure
The leadership team includes the CEO, CFO, and other key executives. The organizational structure is hierarchical, with regional managers overseeing branch operations.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Loans secured by commercial properties, used by businesses to finance real estate investments. Market share data is not publicly available for Westamerica's specific CRE loan market. Competitors: Major national and regional banks.
- Business Loans: Loans to businesses for working capital, equipment purchases, and other business needs. Market share data is not publicly available for Westamerica's specific business loan market. Competitors: Other regional and national banks, credit unions.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data is not publicly available for Westamerica's deposit market. Competitors: All other banks and credit unions.
Market Dynamics
Industry Overview
The banking industry is currently characterized by increased competition, rising interest rates, regulatory changes, and technological disruption.
Positioning
Westamerica is positioned as a community bank focused on serving the needs of businesses and individuals in Northern and Central California. Its competitive advantages include its strong local presence, long-standing customer relationships, and conservative lending practices.
Total Addressable Market (TAM)
The TAM for banking services in Westamerica's region is significant (estimated in the billions of USD). Westamerica is positioned to serve a specific segment within this TAM, focusing on smaller businesses and individual customers.
Upturn SWOT Analysis
Strengths
- Strong local brand recognition
- Conservative lending practices
- Experienced management team
- Strong deposit base
- Long-standing customer relationships
Weaknesses
- Limited geographic diversification
- Smaller scale compared to larger banks
- Dependence on traditional banking model
- Lower efficiency ratios compared to larger banks
Opportunities
- Expansion into new markets within California
- Increased adoption of digital banking technologies
- Growth in wealth management services
- Strategic acquisitions of smaller banks or credit unions
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn
- Regulatory changes
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- BANC
- CMA
- FFBC
- FCF
Competitive Landscape
Westamerica faces intense competition from larger national and regional banks, as well as from fintech companies. Its competitive advantage lies in its local presence and strong customer relationships.
Major Acquisitions
Antelope Valley Bank
- Year: 2005
- Acquisition Price (USD millions): 135
- Strategic Rationale: Expanded Westamerica's presence in the Antelope Valley region.
Growth Trajectory and Initiatives
Historical Growth: Westamerica's growth has been moderate and steady over the past few years, driven by organic expansion and strategic acquisitions.
Future Projections: Analyst estimates project moderate revenue growth in the coming years, driven by loan growth and fee income.
Recent Initiatives: Recent strategic initiatives include investments in digital banking technologies and expansion into new markets within California.
Summary
Westamerica Bancorporation is a stable community bank with a strong presence in Northern and Central California. Its conservative lending practices and experienced management team are strengths, but it faces challenges from larger competitors and technological disruption. Future growth will depend on its ability to adapt to changing market conditions and capitalize on new opportunities. Financial metrics are average for a company of that size and have decreased recently.
Similar Companies
- BANC
- CMA
- FFBC
- FCF
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Financial data is as of the latest available information and is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Westamerica Bancorporation
Exchange NASDAQ | Headquaters San Rafael, CA, United States | ||
IPO Launch date 1992-03-17 | Chairman, President & CEO Mr. David L. Payne | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 616 | Website https://www.westamerica.com |
Full time employees 616 | Website https://www.westamerica.com | ||
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers in the United States. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and 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.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.