Wilshire Bancorp (WIBC) Misses Q3 EPS by 3c

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Wilshire Bancorp Reports Net Income of $13.3 Million or $0.17 per Share for Third Quarter 2015

October 19, 2015 4:05 PM EDT

LOS ANGELES, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. (NASDAQ: WIBC) (the "Company"), the holding company for Wilshire Bank (the "Bank"), today reported net income of $13.3 million, or $0.17 per diluted common share, for the quarter ended September 30, 2015. This compares to net income of $15.1 million, or $0.19 per diluted common share, for the same period of the prior year, and net income of $15.6 million, or $0.20 per diluted common share, for the second quarter of 2015.

Jae Whan (J.W.) Yoo, President and CEO of Wilshire Bancorp, said, "We had a very strong quarter of business... More