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WABC

Westamerica Bancorporation

$60.54

Earnings Summary

Revenue
$58.78Mn
Net Profits
$25.31Mn
Net Profit Margins
43.07%
PE Ratio
18.33

Highlights

Revenue:

Westamerica Bancorporation’s revenue jumped 7.21% since last year same period to $58.78Mn in the Q2 2022. On a quarterly growth basis, Westamerica Bancorporation has generated 7.15% jump in its revenue since last 3-months.

Net Profits:

Westamerica Bancorporation’s net profit jumped 12.11% since last year same period to $25.31Mn in the Q2 2022. On a quarterly growth basis, Westamerica Bancorporation has generated 11.93% jump in its net profits since last 3-months.

Net Profit Margins:

Westamerica Bancorporation’s net profit margin jumped 4.57% since last year same period to 43.07% in the Q2 2022. On a quarterly growth basis, Westamerica Bancorporation has generated 4.46% jump in its net profit margins since last 3-months.

PE Ratio:

Westamerica Bancorporation’s price-to-earnings ratio after this Q2 2022 earnings stands at 18.33.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Westamerica Bancorporation post its latest quarter earnings

EPS Estimate Current Quarter
0.89
EPS Estimate Current Year
0.89

Highlights

EPS Estimate Current Quarter:

Westamerica Bancorporation’s earning per share (EPS) estimates for the current quarter stand at 0.89 - a 5.95% jump from last quarter’s estimates.

EPS Estimate Current Year:

Westamerica Bancorporation’s earning per share (EPS) estimates for the current year stand at 0.89.

Key Ratios

Key ratios of the Westamerica Bancorporation post its Q2 2022 earnings

Earning Per Share (EPS)
0.94
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
1.65

Highlights

Earning Per Share (EPS):

Westamerica Bancorporation’s earning per share (EPS) jumped 11.9% since last year same period to 0.94 in the Q2 2022. This indicates that the Westamerica Bancorporation has generated 11.9% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Westamerica Bancorporation’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Westamerica Bancorporation’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

Westamerica Bancorporation declared 1.65 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.84
0.94
11.9%
2022-05-09
0.78
0.84
7.69%

Company Information

Westamerica Bancorporation is the holding company for Westamerica Bank and Bank of Lake County. The Banks provide a full range of services to individual and corporate customers in northern and central California. The Company's other subsidiaries finance accounts receivable and inventory lines of credit and term business loans, as well as provides data processing services to the Company.

Organisation
Westamerica Bancorporation
Employees
673
Industry
Finance