Westamerica Bancorporation Executive Makes Significant Stock Sale!

New insider activity at Westamerica Bancorporation ( (WABC) ) has taken place on April 30, 2025.

Senior Vice President and Treasurer John Thorson recently sold 2,243 shares of Westamerica Bancorporation stock, amounting to a total value of $108,942.

Recent Updates on WABC stock

In the last 24 hours, Westamerica Bancorporation’s stock has seen notable developments. The company’s Q1 2025 earnings report revealed a net income of $31.0 million and an EPS of $1.16, slightly surpassing the consensus estimate of $1.11. Despite a decrease in net interest income due to a decline in loan and investment yields, the firm maintained strong credit quality and a low-cost deposit base. Analysts at Piper Sandler and Keefe Bruyette have lowered their price targets for Westamerica, citing a faster pace of loan book decrease and a cautious outlook on profitability, despite stable performance. Piper Sandler also noted adjustments in margin outlook, expense reductions, and share buybacks as factors influencing their decision. Meanwhile, Westamerica continues to focus on operational efficiency and shareholder value, as evidenced by a recent dividend increase and a share repurchase plan.

Spark’s Take on WABC Stock

According to Spark, TipRanks’ AI Analyst, WABC is a Neutral.

Westamerica Bancorporation maintains a strong financial position with solid profitability and no debt, contributing to a stable foundation. Despite current bearish technical indicators, the stock’s undervaluation and attractive dividend yield offer potential upside for investors. The main risks include fluctuations in revenue growth and cash flow generation, which should be monitored closely.

To see Spark’s full report on WABC stock, click here.

More about Westamerica Bancorporation

YTD Price Performance: -6.52%

Average Trading Volume: 171,038

Technical Sentiment Signal: Buy

Current Market Cap: $1.3B