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Westamerica Bancorporation(WABC) - 2024 Q1 - Quarterly Results

SAN RAFAEL, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2024 of 36.4millionanddilutedearningspercommonshare("EPS")of36.4 million and diluted earnings per common share ("EPS") of 1.37. First quarter 2024 results compare to fourth quarter 2023 net income of 39.5millionandEPSof39.5 million and EPS of 1.48. "Westamerica's first quarter 2024 results benefited from the Company's valuable low-cost deposit base, of which 47 percent was represented by non-interes ...