Westamerica Bancorporation Reports Second Quarter 2019 Financial Results
Westamerica Bancorporation (WABC)
US:NASDAQ Investor Relations:
westamerica.com/index.php/shareholders
Company Research
Source: GlobeNewswire
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 $19.6 million and EPS of $0.73 for the first quarter 2019 and net income of $18.0 million and EPS of $0.67 for the second quarter 2018. "Net interest margin remained stable and operating costs continued to be well controlled during the second quarter 2019. Net interest margin was 3.13 percent for the second quarter 2019 compared to 3.12 percent for the first quarter 2019. Operating expenses represented 49 percent of revenues, on a fully-taxable equivalent basis, for both the first and second quarters of 2019. Asset quality improved with nonperforming assets totaling only $4.1 million at June 30, 2019 compared to $4.4 million at March 31, 2019, and $6.0 million at June 30, 2018,” said Chairm
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
- 5/1/24 - Form 4
- 4/29/24 - Form 144
- 4/29/24 - Form 8-K
- WABC's page on the SEC website