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

Westamerica Bancorporation (NASDAQ:WABC) is expected to be issuing 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 released its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.19 earnings per share (EPS) 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 quarter last year, the company earned $1.48 EPS. 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 Trading Up 2.5 %

Westamerica Bancorporation stock opened at $45.00 on Wednesday. Westamerica Bancorporation has a 52 week low of $42.00 and a 52 week high of $59.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.26 and a current ratio of 0.27. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 8.65 and a beta of 0.63. The company has a 50 day moving average price of $49.37 and a 200 day moving average price of $51.68.

Westamerica Bancorporation Dividend Announcement

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