Westamerica Bank

Analysis of West America Bank Finance 122 professor Steinke collins Okoroike November 16, 2011 Bank Background Westamerica Bank was established on February 24, 1884 and is the 7th largest commercialized confide headquartered in California. Westamerica Bancorporation operates as a holding social club for Westamerica Bank, a regional community assert with over 90 branches and 2 trust offices in 21 Northern and r eachy California counties. They receive continue recognition by analysts as a very healthy community banking company, and independent bank rating agencies, including Fitch Ratings, Findley communicates, and Bauer pecuniary consistently reaffirm their unconditional ratings. Our argumentation is traded on the NASDAQ stock market under WABC which presently trades at 45.06 a voice with a 52 hebdomad price range betwixt $36.32 and 56.96.Westamerica maintains exceptional asset quality, and our corking ratios exceed regulatory standards for well-capitalized com panies. Our peachy loan quality, loan release reserve, earnings, and capital ratios place them among the top-performing fiscal institutions in the nation for financial health and safety. Like all other banks, they provide service for their members. Some of the services they cast under ones skin argon multiple checking, savings, and funds market account options. The bank also offers savings, free checking, money market accounts, financial planning, mortgages, loans and lines of recognition to its individualised account holders with the purpose of being serviceable give care big banks but with the personal comfort of a comminuted bank. Bank Operations Westamerica belongs in mates group compute 1 which has between 100 and ccc banks and each of these banks are compared to one another in harm of financial information. In terms of assets, they are conservative in the loaning market. jibe to the Uniform Bank Performance Report Westamerica have 57 percent of its assets in loans while the fellow group has somew! hat above 60 percent of their assets in loans, so...If you want to get a full essay, order it on our website: BestEssayCheap.com

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