NASDAQ: WABC · Regional Banks
Westamerica Bancorporation (WABC) fair value: undervalued or overvalued?
As of 26 Sep 2026, Faircurve's model values Westamerica Bancorporation (WABC) at $62.23 a share. The stock last closed at $59.60, which puts the model's fair value 4.4% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. Westamerica Bancorporation.
Faircurve Insights · 26 Sep 2026
Westamerica Bancorporation functions as a bank holding company, overseeing Westamerica Bank. Through its subsidiary, it delivers a comprehensive suite of financial products and services to both individual consumers and commercial enterprises.
Faircurve's model found a fair value of $62.23 a share on 26 Sep 2026, the midpoint of 2,000 simulations. The previous run, on 19 Sep 2026, gave $61.14, and the fair value moved +1.8%. The calibrated range over 63 trading days is $52.21 to $75.88, built from the fair value since there is no live options data for the stock, and it is calibrated weekly against realised prices (4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon, and the evidence grade is High.
The business scores on quality against comparable companies, including Tompkins Financial Corporation (TMP), Lakeland Financial Corporation (LKFN), Pathward Financial, Inc. (CASH), Preferred Bank (PFBC), Heritage Financial Corporation (HFWA), S&T Bancorp, Inc. (STBA), and Hope Bancorp, Inc. (HOPE). Around its last 8 earnings reports, the stock moved +4.0% on 16 Jul 2026, +1.4% on 16 Apr 2026, +2.8% on 15 Jan 2026, +0.4% on 16 Oct 2025, -1.3% on 17 Jul 2025, +2.4% on 17 Apr 2025, +1.0% on 16 Jan 2025, and +1.3% on 17 Oct 2024.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give WABC?
The calibrated range for WABC over 63 trading days is $52.21 to $75.88. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $54.57 to $70.27. In 57% of the simulations the fair value came out above the price the model ran on.
How does WABC compare with similar companies?
The companies in regional banks closest to Westamerica Bancorporation in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| TMP Tompkins Financial Corporation | $98.89 | $112.19 | +13.4% | Undervalued |
| TFIN Triumph Financial, Inc. | $62.18 | $16.56 | -73.4% | Gap wider than 60% |
| LKFN Lakeland Financial Corporation | $59.07 | $57.42 | -2.8% | Fairly valued |
| CASH Pathward Financial, Inc. | $73.96 | $99.49 | +34.5% | Undervalued |
| PFBC Preferred Bank | $106.48 | $140.79 | +32.2% | Undervalued |
| HFWA Heritage Financial Corporation | $28.14 | $20.41 | -27.5% | Overvalued |
| STBA S&T Bancorp, Inc. | $49.64 | $46.61 | -6.1% | Overvalued |
| HOPE Hope Bancorp, Inc. | $13.68 | $12.49 | -8.7% | Overvalued |
When does WABC report earnings, and how has the stock reacted?
Westamerica Bancorporation's next earnings report is scheduled for 15 Oct 2026. Companies can move their dates.
How WABC moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.4%.
| Report date | Two session move |
|---|---|
| 16 Jul 2026 | +4.0% |
| 16 Apr 2026 | +1.4% |
| 15 Jan 2026 | +2.8% |
| 16 Oct 2025 | +0.4% |
| 17 Jul 2025 | -1.3% |
| 17 Apr 2025 | +2.4% |
| 16 Jan 2025 | +1.0% |
| 17 Oct 2024 | +1.3% |
Westamerica Bancorporation at a glance
Westamerica Bancorporation (WABC) functions as a bank holding company, overseeing Westamerica Bank. Through its subsidiary, it delivers a comprehensive suite of financial products and services to both individual consumers and commercial enterprises.
- Market value
- $1.4B
- Sector
- Financial Services
- Industry
- Regional Banks
- Consensus revenue growth, next fiscal year
- -7.3%
- Analysts with estimates
- 1
- Beta to the US market
- 0.28
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Westamerica Bancorporation on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for WABC was $61.14. As of 26 Sep 2026 it is $62.23, a change of +1.8%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Westamerica Bancorporation's valuation
Is Westamerica Bancorporation stock undervalued or overvalued?
On Faircurve's model, WABC reads as Fairly valued as of 26 Sep 2026. The model's fair value is $62.23 a share against a last close of $59.60, a gap of +4.4%.
What is WABC's fair value?
$62.23 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $54.57 to $70.27.
What price range does the model give WABC?
$52.21 to $75.88 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Westamerica Bancorporation report earnings next?
The next report is scheduled for 15 Oct 2026. Companies can move their dates.
How much has WABC moved on past earnings reports?
Across its last 8 reports the median two session move was 1.4%, ignoring direction. The largest was +4.0% around the report of 16 Jul 2026.
How confident is the model in this valuation?
The model's evidence grade for WABC is high. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.