Wilshire Bancorp (WIBC) Reports In-Line Q4 EPS

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Wilshire Bancorp Reports Net Income of $13.9 Million or $0.18 Per Share for Fourth Quarter 2015

January 25, 2016 4:05 PM EST

LOS ANGELES, Jan. 25, 2016 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. (NASDAQ: WIBC) (the Company), the holding company for Wilshire Bank (the Bank), today reported net income of $13.9 million, or $0.18 per diluted common share, for the quarter ended December 31, 2015. This compares to net income of $16.1 million, or $0.20 per diluted common share, for the same period of the prior year, and net income of $13.3 million, or $0.17 per diluted common share, for the third quarter of 2015. Excluding $994,000 in non-deductible merger-related costs related to the BBCN Bancorp Inc. (BBCN) merger of equals, net income was $14.9 million, or $0.19 per diluted common share,... More