Westamerica Bancorporation (NASDAQ:WABC) is expected to pay $0.39 on Nov 18, 2016. The indicated annual dividend is $1.56. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Westamerica Bancorporation’s current price of $48.49, the dividend is 0.80%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 28, 2016. About 497 shares traded hands. Westamerica Bancorporation (NASDAQ:WABC) has risen 0.37% since March 31, 2016 and is uptrending. It has underperformed by 2.15% the S&P500.
Westamerica Bancorporation is a bank holding company. The company has a market cap of $1.23 billion. The Firm provides a range of banking services to individual and corporate clients in Northern and Central California through its subsidiary bank, Westamerica Bank. It has a 21.03 P/E ratio. The communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south.
Insitutional Activity: The institutional sentiment decreased to 0.84 in 2016 Q2. Its down 0.72, from 1.56 in 2016Q1. The ratio dived, as 16 funds sold all Westamerica Bancorporation shares owned while 40 reduced positions. 10 funds bought stakes while 37 increased positions. They now own 20.66 million shares or 4.99% less from 21.75 million shares in 2016Q1.
Rhumbline Advisers has 53,616 shares for 0.01% of their US portfolio. Barclays Public Limited Com accumulated 0% or 73 shares. Schroder Management Gp holds 754,700 shares or 0.07% of its portfolio. State Board Of Administration Of Florida Retirement System accumulated 10,274 shares or 0% of the stock. State Street Corporation accumulated 0% or 656,397 shares. Parametric Portfolio Ltd Liability Corporation has invested 0.01% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC). Atlanta Mngmt Co L L C last reported 0.78% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 987 shares or 0% of all its holdings. South Dakota Council accumulated 0.02% or 15,500 shares. Legal And General Gp Public Limited accumulated 0% or 6,184 shares. Moreover, Tiaa Cref Investment Management Limited Company has 0% invested in Westamerica Bancorporation (NASDAQ:WABC) for 90,949 shares. Geode Cap Mgmt Ltd Liability Corporation last reported 0.01% of its portfolio in the stock. Blackrock, a New York-based fund reported 7,592 shares. Capstone Asset Mgmt has 0.01% invested in the company for 8,035 shares. Wells Fargo Communications Mn holds 0% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC) for 41,550 shares.
Insider Transactions: Since October 24, 2016, the stock had 0 insider buys, and 1 sale for $292,018 net activity. The insider SCHNECK JAMES J sold $292,018.
Westamerica Bancorporation (NASDAQ:WABC) Ratings Coverage
Out of 2 analysts covering Westamerica Bancorporation (NASDAQ:WABC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Westamerica Bancorporation has been the topic of 5 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating given on Monday, August 31 by Zacks. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, January 25. As per Monday, August 17, the company rating was upgraded by Zacks.
More recent Westamerica Bancorporation (NASDAQ:WABC) news were published by: Reuters.com which released: “BRIEF-Westamerica Bancorporation reports Q3 EPS $0.61” on October 20, 2016. Also Nasdaq.com published the news titled: “Westamerica Bancorporation Reports Third Quarter 2016 Financial Results” on October 20, 2016. Globenewswire.com‘s news article titled: “Westamerica Bancorporation Declares Quarterly Dividend and Announces Stock …” with publication date: July 23, 2015 was also an interesting one.
WABC Company Profile
Westamerica Bancorporation, incorporated on February 11, 1972, is a bank holding company. The Firm provides a range of banking services to individual and corporate clients in Northern and Central California through its subsidiary bank, Westamerica Bank (WAB or the Bank). The principal communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. The Company’s strategic focus is on the banking needs of small businesses. The Bank owns capital stock of Community Banker Services Corporation (CBSC), a firm engaged in providing the Company and its subsidiaries with data processing services and other support functions.
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