Westamerica: 4Q Earnings Snapshot
SAN RAFAEL, Calif. (AP) _ Westamerica Bancorp (WABC) on Thursday reported fourth-quarter earnings of $19.1 million.
The bank, based in San Rafael, California, said it had earnings of 71 cents per share.
The holding company for Westamerica Bank posted revenue of $51.3 million in the period. Its revenue net of interest expense was $50.8 million, surpassing Street forecasts.
For the year, the company reported profit of $71.6 million, or $2.67 per share. Revenue was reported as $197.9 million.
Westamerica shares have risen 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $62.51, a climb of roughly 5 percent in the last 12 months.