Westamerica Bancorporation (WABC) Reports Q3 EPS of $0.58

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Westamerica Bancorporation Reports Third Quarter 2015 Financial Results

October 14, 2015 10:55 AM EDT

SAN RAFAEL, Calif., Oct. 14, 2015 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2015 of $14.9 million and diluted earnings per common share ("EPS") of $0.58, compared to net income of $14.8 million and EPS of $0.58 for the prior quarter, and net income of $15.2 million and EPS of $0.58 for the third quarter 2014.

"Our operating results generated an annualized return on shareholders' common equity of 11.3 percent for the third quarter 2015. These relatively strong results were achieved from our consistent and disciplined operating practices. While our net interest margin... More

Westamerica Bancorporation Reports Third Quarter 2015 Financial Results

October 14, 2015 10:55 AM EDT

SAN RAFAEL, Calif., Oct. 14, 2015 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2015 of $14.9 million and diluted earnings per common share ("EPS") of $0.58, compared to net income of $14.8 million and EPS of $0.58 for the prior quarter, and net income of $15.2 million and EPS of $0.58 for the third quarter 2014.

"Our operating results generated an annualized return on shareholders' common equity of 11.3 percent for the third quarter 2015. These relatively strong results were achieved from our consistent and disciplined operating practices. While our net interest margin... More