Westamerica Bancorporation (NASDAQ: WABC) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.19 versus $1.48 for the same period a year ago — a decline of -20%. Relative to the consensus estimate of $1.18, this was a premium of $0.01. For the latest four quarters through December 31, E.P.S. were $5.20 compared to $6.06 a year ago — a decline of -14%.
Recent Price Action
On 1/16/25, Westamerica Bancorporation (NASDAQ: WABC) stock declined modestly by -1.1%, closing at $51.36. Moreover, this decline was accompanied by above average trading volume at 137% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
Westamerica Bancorporation has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Westamerica Bancorporation has a neutral Appreciation Score of 60 and a slightly positive Power Rating of 63, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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