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Westamerica Bancorporation Board Member Announces Retirement: No Disagreements, Effective September 25, 2025.
ByAinvest
Wednesday, Aug 13, 2025 12:52 am ET1min read
Westamerica Bancorporation board member E. Joseph Bowler has announced his retirement, effective September 25, 2025. Bowler, who has been a board member since 2003, has participated in various committees and his departure is not due to any disagreements with the company's operations. The most recent analyst rating on WABC stock is a Hold with a $60.00 price target.
Westamerica Bancorporation (NASDAQ: WABC), a regional bank with a market capitalization of $1.25 billion, has announced the retirement of E. Joseph Bowler from its Board of Directors, effective September 25, 2025. Bowler, who has served on the board since 2003, was a member of various committees, including the Audit Committee, the Loan and Investment Committee, and the Nominating Committee. His departure is not due to any disagreements with the company's operations or policies, according to the filing with the Securities and Exchange Commission [1].Westamerica Bancorporation recently reported its financial results for the second quarter of 2025, which exceeded analyst expectations. The company posted a net income of $29.1 million, translating to earnings per share of $1.12, which surpassed the analyst consensus of $1.07. However, revenue for the quarter was $64.88 million, slightly below the expected $65.8 million. Despite the revenue miss, the company’s earnings performance indicates a positive outlook [1].
In terms of capital efficiency, Westamerica Bancorporation demonstrates better utilization compared to UMB Financial Corporation (NASDAQ: UMBF), with a ROIC to WACC ratio of 1.76, indicating that it generates returns well above its cost of capital. This efficiency is a significant advantage in the competitive financial services industry [2].
The most recent analyst rating on WABC stock is a Hold with a $60.00 price target, reflecting a cautious outlook on the company's future prospects. Investors should closely monitor the company's financial performance and the market's response to Bowler's retirement to make informed investment decisions.
References:
[1] https://www.investing.com/news/sec-filings/westamerica-bancorporation-director-e-joseph-bowler-to-retire-in-september-93CH-4186126
[2] https://site.financialmodelingprep.com/market-news/capital-efficiency-financial-services-comparative-study
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