Westamerica Bancorporation Reports Fourth Quarter 2018 Financial Results
Westamerica Bancorporation (WABC)
US:NASDAQ Investor Relations:
westamerica.com/index.php/shareholders
Company Research
Source: GlobeNewswire
SAN RAFAEL, Calif., Jan. 17, 2019 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2018 of $19.1 million and diluted earnings per common share ("EPS") of $0.71 compared to $17.0 million and EPS of $0.63 for the third quarter 2018. Third quarter 2018 results include a $585 thousand tax-exempt life insurance policy gain and a $3.5 million loss contingency settlement, which on an aggregate basis reduced EPS $0.07. "Fourth quarter 2018 net interest income demonstrated continuing improvement as higher market interest rates benefit the yields on our interest-earning loans and securities. Our annualized funding costs were unchanged at 0.04 percent of interest-earning assets due to the predominance of low-cost checking and savings accounts in our deposit portfolio. The annualized net interest margin on a fully-taxable equivalent (“FTE”) basis rose from 3.00 percent for the third quarter 2018 to 3.
Show less
Read more
Impact Snapshot
Event Time:
WABC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WABC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WABC alerts
High impacting Westamerica Bancorporation news events
Weekly update
A roundup of the hottest topics
WABC
News
- Westamerica Bancorporation Declares Quarterly Cash DividendGlobeNewswire
- Westamerica Bancorporation (NASDAQ: WABC) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $57.00 price target on the stock, down previously from $58.00.MarketBeat
- Westamerica Bancorporation: Market's Overreaction Creates Opportunity [Seeking Alpha]Seeking Alpha
- Westamerica Bancorporation (NASDAQ: WABC) had its price target lowered by analysts at Piper Sandler from $51.00 to $50.00. They now have a "neutral" rating on the stock.MarketBeat
- Westamerica Bancorporation Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
WABC
Earnings
- 4/18/24 - Miss
WABC
Analyst Actions
- 4/22/24 - Keefe, Bruyette & Woods
WABC
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- WABC's page on the SEC website