Westamerica Competitors
| WABC Stock | USD 51.15 0.57 1.13% |
Westamerica Bancorporation vs OceanFirst Financial Correlation
Very weak diversification
The correlation between Westamerica Bancorp. and OCFC is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Westamerica Bancorp. and OCFC in the same portfolio, assuming nothing else is changed.
Moving together with Westamerica Stock
| 0.76 | RF | Regions Financial Aggressive Push | PairCorr |
| 0.65 | WAFD | Washington Federal | PairCorr |
| 0.85 | FFBC | First Financial Bancorp Normal Trading | PairCorr |
| 0.72 | FNWB | First Northwest Bancorp | PairCorr |
Moving against Westamerica Stock
At present, Westamerica Bancorporation's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Westamerica Bancorporation's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.03, whereas Total Assets are forecasted to decline to about 4.9 B.Westamerica Bancorporation Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Westamerica Bancorporation and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Westamerica and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Westamerica Bancorporation does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Westamerica Stock performing well and Westamerica Bancorporation Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Westamerica Bancorporation's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PFBC | 1.22 | (0.13) | 0.00 | (0.18) | 0.00 | 2.42 | 12.44 | |||
| QCRH | 1.11 | 0.23 | 0.17 | 0.28 | 1.10 | 2.83 | 8.45 | |||
| CNOB | 1.21 | 0.12 | 0.09 | 0.15 | 1.17 | 3.61 | 9.27 | |||
| BY | 1.09 | 0.22 | 0.17 | 0.28 | 1.00 | 2.74 | 7.43 | |||
| RBCAA | 1.18 | 0.07 | 0.05 | 0.10 | 1.29 | 3.24 | 9.56 | |||
| FSUN | 1.81 | (0.02) | (0.01) | 0.01 | 3.66 | 3.49 | 16.54 | |||
| CFR | 1.03 | 0.12 | 0.12 | 0.16 | 0.86 | 3.15 | 7.64 | |||
| PEBO | 1.08 | 0.14 | 0.10 | 0.20 | 1.12 | 2.92 | 7.86 | |||
| BFC | 1.27 | 0.07 | 0.05 | 0.10 | 1.36 | 3.17 | 7.45 | |||
| OCFC | 1.35 | (0.01) | 0.00 | 0.03 | 1.84 | 3.55 | 11.35 |
Cross Equities Net Income Analysis
Compare Westamerica Bancorporation and related stocks such as Preferred Bank, QCR Holdings, and ConnectOne Bancorp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PFBC | 4.4 M | 12.2 M | 23.9 M | 19.2 M | 24.6 M | 29.7 M | 36.4 M | 43.4 M | 71 M | 78.4 M | 69.5 M | 95.2 M | 128.8 M | 150 M | 130.7 M | 133.6 M | 140.3 M |
| QCRH | 700 K | 9.7 M | 12.6 M | 14.9 M | 15 M | 16.9 M | 27.7 M | 35.7 M | 43.1 M | 57.4 M | 60.6 M | 98.9 M | 99.1 M | 113.6 M | 113.8 M | 127.2 M | 133.6 M |
| CNOB | 4 M | 13.9 M | 17.5 M | 19.9 M | 18.6 M | 41.3 M | 31.1 M | 43.2 M | 60.4 M | 73.4 M | 71.3 M | 130.4 M | 125.2 M | 87 M | 73.8 M | 80.4 M | 84.5 M |
| BY | (15 M) | (15 M) | (15 M) | (15 M) | (15 M) | (15 M) | 66.7 M | 21.7 M | 41.2 M | 57 M | 37.5 M | 92.8 M | 88 M | 107.9 M | 120.8 M | 130.1 M | 74.9 M |
| RBCAA | 5.9 M | 94.1 M | 119.3 M | 25.4 M | 28.8 M | 35.2 M | 45.9 M | 45.6 M | 77.9 M | 91.7 M | 83.2 M | 87.6 M | 91.1 M | 90.4 M | 101.4 M | 116.6 M | 122.4 M |
| CFR | 10.3 M | 217.5 M | 238 M | 237.9 M | 278 M | 279.3 M | 304.3 M | 364.1 M | 454.9 M | 443.6 M | 331.2 M | 443.1 M | 579.1 M | 598 M | 582.5 M | 648.6 M | 681 M |
| PEBO | 3.6 M | 12.6 M | 20.4 M | 17.6 M | 16.7 M | 10.9 M | 31.2 M | 38.5 M | 46.3 M | 53.7 M | 34.8 M | 47.6 M | 101.3 M | 113.4 M | 117.2 M | 106.8 M | 112.1 M |
| BFC | 4.6 M | 8.5 M | 10.4 M | 11.6 M | 12.6 M | 13.4 M | 14.9 M | 15.3 M | 25.5 M | 26.7 M | 38 M | 45.4 M | 45.2 M | 74.5 M | 65.6 M | 71.5 M | 75.1 M |
| OCFC | 7.9 M | 20.7 M | 20 M | 16.3 M | 19.9 M | 20.3 M | 23 M | 42.5 M | 71.9 M | 88.6 M | 63.3 M | 110.1 M | 146.6 M | 104 M | 100.1 M | 71 M | 40.6 M |
Westamerica Bancorporation and related stocks such as Preferred Bank, QCR Holdings, and ConnectOne Bancorp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Westamerica Bancorporation financial statement analysis. It represents the amount of money remaining after all of Westamerica Bancorporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Westamerica Bancorporation Competitive Analysis
The better you understand Westamerica Bancorporation competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Westamerica Bancorporation's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Westamerica Bancorporation's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Westamerica Bancorporation Competition Performance Charts
Five steps to successful analysis of Westamerica Bancorporation Competition
Westamerica Bancorporation's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Westamerica Bancorporation in relation to its competition. Westamerica Bancorporation's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Westamerica Bancorporation in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Westamerica Bancorporation's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Westamerica Bancorporation, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Westamerica Bancorporation position
In addition to having Westamerica Bancorporation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Westamerica Bancorporation Correlation with its peers. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Will Regional Banks sector continue expanding? Could Westamerica diversify its offerings? Factors like these will boost the valuation of Westamerica Bancorporation. Anticipated expansion of Westamerica directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Westamerica Bancorporation data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.06) | Dividend Share 1.82 | Earnings Share 4.52 | Revenue Per Share | Quarterly Revenue Growth (0.09) |
Westamerica Bancorporation's market price often diverges from its book value, the accounting figure shown on Westamerica's balance sheet. Smart investors calculate Westamerica Bancorporation's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Westamerica Bancorporation's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.