Westamerica Bancorporation (WABC) Reports In-Line Q2 EPS
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Westamerica Bancorporation Reports Second Quarter 2015 Financial Results
July 15, 2015 11:16 AM EDTSAN RAFAEL, Calif., July 15, 2015 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2015 of $14.8 million and diluted earnings per common share ("EPS") of $0.58, increased from net income of $14.6 million and EPS of $0.57 for the prior quarter. In the second quarter 2015, Westamerica Bancorporation paid a $0.38 per common share dividend.
"Our annualized net interest margin, on a fully taxable equivalent basis, was 3.37 percent in the second quarter 2015, which benefited from the recent increase in market interest rates. Cash proceeds from investment securities were reinvested at... More
Westamerica Bancorporation Reports Second Quarter 2015 Financial Results
July 15, 2015 11:16 AM EDTSAN RAFAEL, Calif., July 15, 2015 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2015 of $14.8 million and diluted earnings per common share ("EPS") of $0.58, increased from net income of $14.6 million and EPS of $0.57 for the prior quarter. In the second quarter 2015, Westamerica Bancorporation paid a $0.38 per common share dividend.
"Our annualized net interest margin, on a fully taxable equivalent basis, was 3.37 percent in the second quarter 2015, which benefited from the recent increase in market interest rates. Cash proceeds from investment securities were reinvested at... More
