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Westamerica Bancorporation Q2 Earnings Increase, Revenue Falls; Shares Up

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Westamerica Bancorporation (WABC) reported Q2 earnings Thursday of $1.17 per diluted share, up from $1.12 a year earlier.

Two analysts polled by FactSet expected $1.10 per share.

Total revenue for the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $63 million, down from $64.9 million a year earlier.

One analyst anticipated $61.6 million.

Shares of the company were up 3.3% in Thursday's trading.

Price: $60.93, Change: $+1.91, Percent Change: +3.24%

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