Westamerica Bancorporation (WABC) Reports In-Line Q2 EPS of 58c
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Westamerica Bancorporation Reports Second Quarter 2014 Earnings
July 15, 2014 11:14 AM EDTSAN RAFAEL, Calif., July 15, 2014 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2014 of $15.2 million and diluted earnings per common share ("EPS") of $0.58. Second quarter 2014 results compare to net income of $15.3 million and EPS of $0.58 for the prior quarter, and net income of $17.1 million and EPS of $0.64 for the second quarter 2013.
"Westamerica's credit quality remained sound with nonperforming assets totaling $30 million at June 30, 2014, essentially unchanged from March 31, 2014. Our net loan losses remained below $1 million for the second consecutive quarter reflecting the improved... More
