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Westamerica Bancorporation Declares Quarterly Cash Dividend
WABCWestamerica Bancorporation(WABC) GlobeNewswire News Room·2024-10-24 16:13

Core Points - Westamerica Bancorporation declared a quarterly cash dividend of 0.44pershareforshareholdersofrecordasofNovember4,2024,payableonNovember15,2024[1]−Thecompanyreportedanetincomeof0.44 per share for shareholders of record as of November 4, 2024, payable on November 15, 2024 [1] - The company reported a net income of 35.1 million for the three months ended September 30, 2024, translating to 1.31dilutedearningspercommonshare[1]−TheChairman,President,andCEO,DavidPayne,emphasizedthatthedividendreflectsWestamerica′sreliableearnings,financialstrength,andconservativeriskprofile[1]FinancialPerformance−WestamericaBancorporation′snetincomeforQ32024was1.31 diluted earnings per common share [1] - The Chairman, President, and CEO, David Payne, emphasized that the dividend reflects Westamerica's reliable earnings, financial strength, and conservative risk profile [1] Financial Performance - Westamerica Bancorporation's net income for Q3 2024 was 35.1 million [1] - Diluted earnings per common share for the same period were reported at $1.31 [1] Corporate Information - Westamerica Bancorporation operates through its wholly owned subsidiary, Westamerica Bank, with banking and trust offices located throughout Northern and Central California [1] - The company's website is www.westamerica.com [1]