Westamerica: Fourth Quarter Earnings Overview

Westamerica Bancorp Announces Fourth Quarter Financial Results

Westamerica Bancorp, headquartered in San Rafael, California, has disclosed a net profit of $27.8 million for the fourth quarter.

The company reported earnings of $1.12 per share for the period.

During the quarter, Westamerica Bancorp, the parent company of Westamerica Bank, achieved total revenue of $66.8 million. After accounting for interest expenses, net revenue reached $63.3 million, surpassing analysts’ expectations.

For the full year, the company recorded a total profit of $116.2 million, translating to $4.52 per share, with annual revenue amounting to $258.1 million.