StockPreacher.com Issues Trading Outlook for UCBH Holdings Inc.

October 16, 2009 6:50 AM EDT

DALLAS, Oct. 16, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring regional bank UCBH Holdings Inc. (Nasdaq: UCBH). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on UCBH Holdings Inc. (Nasdaq: UCBH) should be of particular interest to comparable financial companies: Cathay General Bancorp (Nasdaq: CATY), UBS AG (NYSE: UBS), East West Bancorp Inc. (Nasdaq: EWBC) and Credit Suisse Group (NYSE: CS).

The full report is available at: http://www.stockpreacher.com/n/UCBH

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UCBH Holdings Inc. (UCBH) is a bank holding company. UCBH conducts its principal business through its wholly owned banking subsidiary, United Commercial Bank (UCB), which makes up substantially all of its consolidated assets and revenues. UCB is a California state-chartered commercial bank. Through its branch network, the Company provides a range of personal and commercial banking services to small- and medium-sized businesses, business executives, professionals and other individuals.

Message Board Search for UCBH: http://www.boardcentral.com/boards/UCBH

In the report, the analyst notes:

"UCBH announced that as part of its effort in restating the Company's financial statements for the year ended December 31, 2008, and finalizing and issuing the Company's financial statements for the first and second quarters of 2009, extensive effort is being applied to accurately reflect the credit risk inherent in the loan portfolio. To assist with the effort to reassess a majority of the Company's loan portfolio, including substantially all of the construction loans, the Company engaged three external loan review firms.

"Since mid-September 2009, there have been no less than 15 class action lawsuits filed on behalf of investors in UCBH who feel they were subjected to significant financial losses by the Company through its 'deceptive' financial reporting practices and 'blatant fraud' on the part of the Company, its senior management, as well as its executive officers."

To read the entire report visit: http://www.stockpreacher.com/n/UCBH

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StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

CONTACT: StockPreacher.com
         Jeff Bishop
         (469)-252-3505
         press@beaconequity.com

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