Westamerica: Q1 Earnings Snapshot
SAN RAFAEL, Calif. (AP) _ Westamerica Bancorp (WABC) on Thursday reported first-quarter profit of $20.1 million.
The bank, based in San Rafael, California, said it had earnings of 75 cents per share.
The holding company for Westamerica Bank posted revenue of $52.5 million in the period. Its revenue net of interest expense was $52 million, which beat Street forecasts.
Westamerica shares have increased 14% since the beginning of the year. The stock has risen 5% in the last 12 months.