Westamerica Bancorporation Declares Quarterly Cash Dividend
Westamerica Bancorporation (NASDAQ: WABC) has declared a quarterly cash dividend of $0.44 per share, payable on November 15, 2024, to shareholders of record as of November 4, 2024. The company reported net income of $35.1 million ($1.31 diluted earnings per share) for Q3 2024. CEO David Payne highlighted the company's reliable earnings, financial strength, and conservative risk profile. Westamerica operates banking and trust offices throughout Northern and Central California through its subsidiary, Westamerica Bank.
Westamerica Bancorporation (NASDAQ: WABC) ha dichiarato un dividendo in contante trimestrale di $0.44 per azione, che sarà pagato il 15 novembre 2024, agli azionisti registrati al 4 novembre 2024. L'azienda ha riportato un reddito netto di $35.1 milioni ($1.31 di utili per azione diluiti) per il terzo trimestre del 2024. Il CEO David Payne ha sottolineato i guadagni affidabili dell'azienda, la solidità finanziaria e il profilo di rischio conservativo. Westamerica gestisce uffici bancari e fiduciari in tutto il nord e il centro della California attraverso la sua controllata, Westamerica Bank.
Westamerica Bancorporation (NASDAQ: WABC) ha declarado un dividendo en efectivo trimestral de $0.44 por acción, que se pagará el 15 de noviembre de 2024, a los accionistas registrados al 4 de noviembre de 2024. La compañía reportó un ingreso neto de $35.1 millones ($1.31 de ganancias por acción diluidas) para el tercer trimestre de 2024. El CEO David Payne destacó los ingresos confiables de la compañía, su solidez financiera y su perfil de riesgo conservador. Westamerica opera oficinas bancarias y fiduciarias en todo el norte y centro de California a través de su subsidiaria, Westamerica Bank.
Westamerica Bancorporation (NASDAQ: WABC)는 주당 $0.44의 분기 현금 배당금을 선언하였으며, 2024년 11월 15일에 2024년 11월 4일 기준 주주에게 지급될 예정입니다. 이 회사는 2024년 3분기에 $35.1 백만($1.31의 희석된 주당 순이익)의 순이익을 보고했습니다. CEO David Payne은 회사의 안정적인 수익, 재무 건전성 및 보수적인 위험 프로필을 강조했습니다. Westamerica는 자회사인 Westamerica Bank를 통해 북부 및 중앙 캘리포니아 전역에서 은행 및 신탁 사무소를 운영하고 있습니다.
Westamerica Bancorporation (NASDAQ: WABC) a déclaré un dividende en espèces trimestriel de 0,44 $ par action, payable le 15 novembre 2024, aux actionnaires inscrits au 4 novembre 2024. L'entreprise a rapporté un revenu net de 35,1 millions de dollars (1,31 $ de bénéfice dilué par action) pour le troisième trimestre 2024. Le PDG David Payne a souligné les bénéfices fiables de la société, sa solidité financière et son profil de risque conservateur. Westamerica exploite des bureaux bancaires et fiduciaires dans le nord et le centre de la Californie par l'intermédiaire de sa filiale, Westamerica Bank.
Westamerica Bancorporation (NASDAQ: WABC) hat eine quartalsweise Bardividende von 0,44 $ pro Aktie erklärt, die am 15. November 2024 an Aktionäre, die am 4. November 2024 registriert sind, ausgezahlt wird. Das Unternehmen meldete einen Nettoertrag von 35,1 Millionen $ (1,31 $ verwässerte Gewinne pro Aktie) für das 3. Quartal 2024. CEO David Payne hob die zuverlässigen Erträge des Unternehmens, die finanzielle Stärke und das konservative Risikoprofil hervor. Westamerica betreibt Bank- und Treuhandbüros in ganz Nord- und Zentral-Kalifornien über seine Tochtergesellschaft, die Westamerica Bank.
- Q3 2024 net income of $35.1 million
- Strong diluted EPS of $1.31 per share
- Maintaining consistent quarterly dividend of $0.44 per share
- None.
SAN RAFAEL, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of
Chairman, President and CEO David Payne stated, “This quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.”
On October 17, 2024, Westamerica reported
Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.
Westamerica Bancorporation Web Address: www.westamerica.com
For additional information contact:
Westamerica Bancorporation
1108 Fifth Avenue, San Rafael, CA 94901
Robert A. Thorson – SVP & Treasurer
707-863-6840
investments@westamerica.com
FORWARD-LOOKING INFORMATION:
The following appears in accordance with the Private Securities Litigation Reform Act of 1995:
This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may."
Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company's control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The Company's most recent reports filed with the Securities and Exchange Commission, including the annual report for the year ended December 31, 2023 filed on Form 10-K and quarterly report for the quarter ended June 30, 2024 filed on Form 10-Q, describe some of these factors, including certain credit, interest rate, operational, liquidity and market risks associated with the Company's business and operations. Other factors described in these reports include changes in business and economic conditions, competition, fiscal and monetary policies, disintermediation, cyber security risks, legislation including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999, and mergers and acquisitions.
Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.
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