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Westamerica: 4Q Earnings Snapshot

January 17, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WABC at https://www.zacks.com/ap/WABC

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