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Westamerica Bancorp Profit Up
Stock quotes in this article:
WABC
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Westamerica Bancorp.(WABC Quote) said its first-quarter earnings rose 17.1% from a year ago, helped by a rise in non-interest income.
The California-based bank earned $26.1 million, or 81 cents a share, in the quarter, compared with $22.3 million, or 68 cents a share, a year ago. Analysts surveyed by Thomson First Call were estimating earnings of 81 cents in the most recent quarter.
The bank generated a net interest income of $54 million in the quarter, compared with $55 million in the previous year. First-quarter net interest margin was 4.73%, compared with 4.90% last year. ...
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