Westamerica Bancorp Reports 7% Increase In Q3 Profit

(RTTNews) - Westamerica Bancorp (WABC) revealed earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line totaled $15.63 million, or $0.61 per share. This was higher than $14.55 million, or $0.57 per share, in last year's third quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Westamerica Bancorp earnings at a glance:

-Earnings (Q3): $15.63 Mln. vs. $14.55 Mln. last year. -Earnings Growth (Y-o-Y): 7.4% -EPS (Q3): $0.61 vs. $0.57 last year. -EPS Growth (Y-o-Y): 7.0% -Analysts Estimate: $0.56