Westamerica Bancorporation (WABC)

Company Profile

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.

Company profile

Ticker

WABC

Exchange

NASDAQ

Website

www.westamerica.com

CEO

David L. Payne

Incorporated

California

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Citigroup • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • HSBC USA • Bank Of America • Regions Financial • Keycorp • Santander Holdings USA ...

SEC CIK

0000311094

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Money Outlet, Inc. • Westamerica Commercial Credit, Inc. ...

IRS number

942156203

WABC stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

ARS

2022 FY

Annual report to shareholders

21 Mar 23

DEFA14A

Additional proxy soliciting materials

17 Mar 23

1 Mar 23

Westamerica Bancorporation Declares Quarterly Cash Dividend

26 Jan 23

8-K

Westamerica Bancorporation Reports Fourth Quarter 2022 Financial Results

8 Nov 22

Westamerica Bancorporation Declares Quarterly Cash Dividend

27 Oct 22

8-K

Westamerica Bancorporation Reports Third Quarter 2022 Financial Results

8 Aug 22

Latest ownership filings

View all

PRICE T ROWE ASSOCIATES INC /MD/

AMERICAN CENTURY INVESTMENT MANAGEMENT INC

Financial summary

Financial statements Chart WABC financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q4 2022

WABC institutional ownership history Ownership history

3.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	211	175	+20.6%
Opened positions	52	22	+136.4%
Closed positions	16	13	+23.1%
Increased positions	81	76	+6.6%
Reduced positions	47	51	-7.8%

13F shares	Current	Prev Q	Change
Total value	1.20 tn	1.11 bn	+108219.9%
Total shares	21.97 mm	21.03 mm	+4.5%
Total puts	1.10 k	0.00	NEW
Total calls	5.00 k	5.40 k	-7.4%
Total put/call ratio	0.2	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	3.80 mm	$224.42 bn	-4.1%
Vanguard	3.40 mm	$200.50 bn	+5.6%
STT State Street	1.07 mm	$63.09 bn	NEW
American Century Investment Management	1.02 mm	$0.00	-34.2%
American Century Companies	950.79 k	$56.11 bn	-29.5%
T. Rowe Price	785.27 k	$46.17 bn	-62.8%
MS Morgan Stanley	695.62 k	$41.05 bn	+161.7%
Dimensional Fund Advisors	685.82 k	$40.32 bn	-0.7%
Geode Capital Management	504.35 k	$29.65 bn	+3.8%
NTRS Northern Trust	489.72 k	$28.90 bn	+1.2%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	785.27 k	-1.32 mm	-62.8%
STT State Street	1.07 mm	+1.07 mm	NEW
American Century Investment Management	1.02 mm	-532.36 k	-34.2%
MS Morgan Stanley	695.62 k	+429.80 k	+161.7%
Atlanta Capital Management Co L L C	0.00	-405.71 k	EXIT
American Century Companies	950.79 k	-397.44 k	-29.5%
Norges Bank	211.45 k	+211.45 k	NEW
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	233.36 k	+203.25 k	+675.0%
Vanguard	3.40 mm	+178.82 k	+5.6%
Healthcare Of Ontario Pension Plan Trust Fund	211.58 k	+175.18 k	+481.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WABC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	John A Thorson	Common Stock	Payment of exercise	Dispose F	Yes	No	55.375	976	54.05 k	13,799
1 Mar 23	George S Ensinger	Common Stock	Payment of exercise	Dispose F	No	No	55.375	565	31.29 k	3,855
1 Mar 23	Brian J Donohoe	Common Stock	Payment of exercise	Dispose F	No	No	55.375	530	29.35 k	751.841
26 Jan 23	Curtis Belton	NQSO Common Stock	Grant	Acquire A	No	No	55.47	9,900	549.15 k	9,900
26 Jan 23	John A Thorson	Common Stock	Grant	Acquire A	No	No	0	1,950	0.00	1,950
26 Jan 23	John A Thorson	NQSO Common Stock	Grant	Acquire A	No	No	55.47	22,400	1.24 mm	22,400