Westamerica Bancorporation (WABC) Soars 1.12% on June 29

Equities Staff  |

Westamerica Bancorporation (WABC) had a good day on the market for Monday June 29 as shares jumped 1.12% to close at $55.98. About 125,376 shares traded hands on 2,832 trades for the day, compared with an average daily volume of n/a shares out of a total float of 26.94 million. After opening the trading day at $55.97, shares of Westamerica Bancorporation stayed within a range of $57.08 to $55.18.

With today's gains, Westamerica Bancorporation now has a market cap of $1.51 billion. Shares of Westamerica Bancorporation have been trading within a range of $69.09 and $46.94 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Westamerica Bancorporation is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has close to $5 billion in assets. The banks' net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.

Westamerica Bancorporation is based out of San Rafael, CA and has some 737 employees. Its CEO is David L. Payne.

For a complete fundamental analysis of Westamerica Bancorporation, check out Equities.com’s Stock Valuation Analysis report for WABC.

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Westamerica Bancorporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Westamerica Bancorporation and to follow the company’s latest updates, you can visit the company’s profile page here: WABC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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