OverviewSuggest Edit

Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers. The Company accepts various deposit products, as well as invests in securities. Its loan portfolio includes commercial, commercial real estate, real estate construction, residential real estate, and consumer installment loans, as well as other loans primarily comprising indirect automobile loans.

TypePublic
Founded1884
HQSan Rafael, US
Websitewestamerica.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)762(-2%)
Job Openings108
Revenue (FY, 2019)$47.4 M(-1%)
Share Price (Sept 2020)$56.3 (-1%)
Cybersecurity ratingBMore

Westamerica Office Locations

Westamerica has an office in San Rafael
San Rafael, US (HQ)
1108 Fifth Ave
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Westamerica Financials and Metrics

Westamerica Revenue

Westamerica's revenue was reported to be $47.41 m in FY, 2019
USD

Revenue (Q2, 2020)

9.6m

Net income (Q2, 2020)

19.6m

Market capitalization (15-Sept-2020)

1.5b

Closing stock price (15-Sept-2020)

56.3

Cash (30-Jun-2020)

500.8m

EV

1.1b
Westamerica's current market capitalization is $1.5 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

61.5m60.1m57.0m57.0m51.8m47.9m46.6m56.6m48.1m47.4m

Revenue growth, %

(9%)(3%)(2%)

R&D expense

9.0m8.8m8.5m8.5m8.4m8.4m8.5m9.0m9.2m9.5m

Operating expense total

27.1m27.0m27.3m25.3m24.3m24.5m22.3m19.2m24.2m22.3m
USDQ2, 2010

Financial Leverage

9 x
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Westamerica Operating Metrics

Westamerica's Total Loans was reported to be $1.3b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

92 88 85

Locations

21 21 21

Total Loans

$1.70 b$1.65 b$1.60 b$1.54 b$1.53 b$1.44 b$1.40 b$1.34 b$1.35 b$1.33 b$1.29 b
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Westamerica Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Westamerica Online and Social Media Presence

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Westamerica News and Updates

Westamerica Bancorporation Reports Second Quarter 2020 Financial Results

SAN RAFAEL, Calif., July 16, 2020 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2020 of $19.6 million and diluted earnings per common share ("EPS") of $0.72. These results compare to net income of $17.…

Westamerica Bancorporation Reports First Quarter 2020 Financial Results

SAN RAFAEL, Calif., April 16, 2020 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2020 of $17.0 million and diluted earnings per common share ("EPS") of $0.63. First quarter 2020 results include a provis…

Westamerica Bancorporation Declares Quarterly Cash Dividend

SAN RAFAEL, Calif., Oct. 24, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.41 per share on common stock outstanding to shareholders of record at the close of business November 4, 2019. The dividend is pay…

Westamerica Bancorporation Reports Third Quarter 2019 Financial Results

SAN RAFAEL, Calif., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2019 of $20.4 million and diluted earnings per common share ("EPS") of $0.75. These results compare to net income of $19.6…

Westamerica Bancorporation Reports Second Quarter 2019 Financial Results

SAN RAFAEL, Calif., July 18, 2019 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2019 of $19.6 million and diluted earnings per common share ("EPS") of $0.73. These results compare to net income of $19.…

Westamerica Bancorporation Reports First Quarter 2019 Financial Results

SAN RAFAEL, Calif., April 18, 2019 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2019 of $19.6 million and diluted earnings per common share ("EPS") of $0.73. These results compare to net income of $19.…
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Westamerica Blogs

Westamerica Bancorporation reports second quarter 2018 financial results

July 19, 2018 For Immediate Release  San Rafael, CA: Westamerica Bancorporation (NASDAQ: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2018 of $18.0 million and diluted earnings per common share ("EPS") of $0.67, compared to first quarter 2018 net income of $…
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Westamerica Frequently Asked Questions

  • When was Westamerica founded?

    Westamerica was founded in 1884.

  • How many employees does Westamerica have?

    Westamerica has 762 employees.

  • What is Westamerica revenue?

    Latest Westamerica annual revenue is $47.4 m.

  • What is Westamerica revenue per employee?

    Latest Westamerica revenue per employee is $62.2 k.

  • Who are Westamerica competitors?

    Competitors of Westamerica include CenterState Bank Corp, Camden National and Southside Bancshares.

  • Where is Westamerica headquarters?

    Westamerica headquarters is located at 1108 Fifth Ave, San Rafael.

  • Where are Westamerica offices?

    Westamerica has an office in San Rafael.

  • How many offices does Westamerica have?

    Westamerica has 1 office.