Westamerica Bancorp Earnings Decline 1% In Q2

(RTTNews) - Westamerica Bancorp (WABC) revealed a profit for second quarter that lost ground from last year.

The company said its earnings came in at $14.55 million, or $0.57 per share. This was lower than $14.76 million, or $0.58 per share, in last year's second quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Westamerica Bancorp earnings at a glance:

-Earnings (Q2): $14.55 Mln. vs. $14.76 Mln. last year. -Earnings Decline (Y-o-Y): -1.4% -EPS (Q2): $0.57 vs. $0.58 last year. -EPS Decline (Y-o-Y): -1.7% -Analysts Estimate: $0.57