Detail akcie Westamerica Banc online

Business Summary: Westamerica Bancorporation is a bank holding company. The Company provides a full range of banking services to individual and commercial customers in Northern and Central California through its subsidiary bank, Westamerica Bank (the Bank). The Bank is a California-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) up to applicable limits. The principal communities served are in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. In addition, the Bank owns Community Banker Services Corporation, a company engaged in providing the Company and its subsidiaries with data processing services and other support functions. It provides a range of loans, including commercial loans, commercial real estate loans, residential real estate loans, and others. It owns a no. of banking office locations and one centralized administrative service center facility.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Westamerica Bancorp interest income decreased 13% to $59.5M. Net interest income after loan loss provision decreased 13% to $56.6M. Net income decreased 15% to $31M. Net interest income after loan loss provision reflects Debt securities available for sale decrease of 28% to $33.4M, Loan Interest decrease of 6% to $10.7M, Debt securities held to maturity decrease of 3% to $8.5M.