Intel stock extends gains after report of possible U.S. government stake
Westamerica Bancorporation (NASDAQ:WABC), a $1.25 billion regional bank trading at a P/E ratio of 10.3, announced Monday that E. Joseph Bowler has notified the company of his intention to retire from its Board of Directors, effective September 25, 2025. The information was disclosed in a press release statement and filed with the Securities and Exchange Commission.
Mr. Bowler has served on the company’s Board since 2003. He previously retired as Senior Vice President and Treasurer of Westamerica Bancorporation in 2002. During his tenure as director, Mr. Bowler was a member of the Audit Committee, the Loan and Investment Committee, the Nominating Committee, and also served on the Board of Directors of Westamerica Bank.
According to the filing, Mr. Bowler did not advise the company of any disagreement on matters relating to its operations, policies, or practices.
Westamerica Bancorporation is incorporated in California and its common stock is listed on The Nasdaq Stock Market under the symbol WABC.
In other recent news, Westamerica Bancorporation reported its financial results for the second quarter of 2025, showcasing earnings that surpassed analyst expectations. The company posted a net income of $29.1 million, translating to earnings per share of $1.12, which exceeded the analyst consensus of $1.07. However, revenue for the quarter was $64.88 million, slightly below the expected $65.8 million. Additionally, Westamerica Bancorporation declared a quarterly cash dividend of $0.46 per share, payable on August 15, 2025, to shareholders of record as of August 4, 2025. Despite the revenue miss, the company’s earnings performance indicates a positive outlook. Analysts from Investing.com noted the earnings beat, even as the revenue fell short. These developments reflect the company’s recent financial activities and market responses.
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