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Westamerica Bancorporation

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Westamerica's fee revenue growth remains challenged amid a competitive business environment. Further, weakness in loan growth is likely to hurt net interest income. Also, the low interest rates continue to weigh on the company’s margin. Additionally, profitability metrics have been witnessing a declining trend.  However, efforts to improve non-interest bearing deposits will support its revenue growth in the rising rate environment. Further, stable balance sheet position and healthy credit quality along with its expense management initiatives will make the company well positioned to enhance shareholders’ value.

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