Westamerica Bancorporation traded at $60.08 this Wednesday July 1st, increasing $1.41 or 2.40 percent since the previous trading session. Looking back, over the last four weeks, Westamerica Bancorporation gained 7.65 percent. Over the last 12 months, its price rose by 18.31 percent. Looking ahead, we forecast Westamerica Bancorporation to be priced at 57.63 by the end of this quarter and at 54.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Westamerica Bancorporation is a bank holding company. The Company provides a range of banking services to individual and commercial customers in Northern and Central California through its subsidiary bank, Westamerica Bank (the Bank). The communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. It provides a range of loans, including commercial loans, commercial real estate loans, real estate construction loans, residential real estate loans and consumer installment and other loans. The Company maintains an investment securities portfolio consisting of securities issued by United States Government sponsored entities, agency and non-agency mortgage-backed securities, state and political subdivisions, corporations, collateralized loan obligations, commercial paper and other securities.