Westamerica Bancorporation(NASDAQ:WABC) Declares Dividend of $0.3900.

Westamerica Bancorporation (NASDAQ:WABC) had declared a cash dividend of $0.3900 on Jul 28, 2016. The shares will quote ex-dividend on Aug 4, 2016 and the record date has been fixed for Aug 8, 2016. On Jul 28, 2016 share price, the yield comes out to be 3.3177%. The dividend payable date has been fixed on Aug 19, 2016.

In a different note, On Jul 25, 2016, Keefe Bruyette & Woods said it Downgrades its rating on Westamerica Bancorporation. The shares have been rated ‘Underperform’ by the firm. On May 19, 2016, Keefe Bruyette & Woods said it Maintains its rating on Westamerica Bancorporation. In the research note, the firm Lowers the price-target to $46.00 per share. The shares have been rated ‘Market Perform’ by the firm.

Westamerica Bancorporation (WABC) shares turned negative on Thursdays trading session with the shares closing down -0.25 points or -0.53% at a volume of 1,52,431. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $47.02. The peak price level was also seen at $47.02 while the days lowest was $46.58. Finally the shares closed at $46.87. The 52-week high of the shares is $52.18 while the 52-week low is $40.52. According to the latest information available, the market cap of the company is $1,195 M.

Westamerica Bancorporation(WABC) last announced its earnings results on Apr 21, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $48.18M. Analysts had an estimated revenue of $46.94M. Earnings per share were $0.56. Analysts had estimated an EPS of $0.56.

Several Insider Transactions has been reported to the SEC. On May 2, 2016, John A Thorson (SVP/Chief Financial Officer) sold 1,397 shares at $48.72 per share price.Also, On Apr 27, 2016, David L Robinson (SVP/Banking Division Manager) sold 91,427 shares at $50.20 per share price.On Apr 27, 2016, Dennis R Hansen (SVP/Systems & Operations Mgr.) sold 1,220 shares at $50.22 per share price, according to the Form-4 filing with the securities and exchange commission.

Westamerica Bancorporation is a bank holding company. The Company provides a full range of banking services to individual and corporate customers in Northern and Central California through its subsidiary bank Westamerica Bank (WAB). WAB owns 100% of the capital stock of Community Banker Services Corporation (CBSC) a company engaged in providing the Company and its subsidiaries with data processing services and other support functions. The Company provides banking services for businesses such as online services checking savings loans and lines of credit cash management merchant services ExpressDeposit Remote Deposit Capture business trust services bank owned property and preventing business losses. The Company provides banking services for individual customers such as online services checking savings trust services loans and lines of credit overdraft service order checks and manage your account.

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