▲ +9.70% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Westamerica Bancorporation in the last 3 months. The average price target is $66.50, with a high forecast of $75.00 and a low forecast of $58.00. The average price target represents a 9.70% upside from the last price of $60.62.
The current consensus among 2 contributing investment analysts is to buy stock in Westamerica Bancorporation. This rating has held steady since April 2021, when it changed from a Hold consensus rating.
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as other loans primarily consisting of indirect automobile loans. Westamerica Bancorporation operates through 79 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.