Westamerica Bancorporation (WABC) Gets a Hold Rating from Maxim Group


Maxim Group analyst Michael Diana maintained a Hold rating on Westamerica Bancorporation (WABC) yesterday. The company’s shares closed last Monday at $65.23, close to its 52-week high of $65.64.

According to TipRanks.com, Diana is a 4-star analyst with an average return of 4.5% and a 59.4% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Manhattan Bridge Capital Inc, and Arlington Asset Investment.

The word on The Street in general, suggests a Hold analyst consensus rating for Westamerica Bancorporation.

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Based on Westamerica Bancorporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $20.39 million. In comparison, last year the company had a net profit of $16.99 million.

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Westamerica Bancorporation operates as a bank holding company. It provides range of banking services to individual and corporate customers in Northern and Central California.

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