Wilshire Bancorp (WIBC) Misses Q2 EPS by 1c

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Wilshire Bancorp Reports Net Income of $15.6 Million or $0.20 Per Share for Second Quarter 2015

July 20, 2015 4:05 PM EDT

LOS ANGELES, July 20, 2015 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. (NASDAQ: WIBC) (the "Company"), the holding company for Wilshire Bank (the "Bank"), today reported net income of $15.6 million, or $0.20 per diluted common share, for the quarter ended June 30, 2015. This compares to net income of $14.7 million, or $0.19 per diluted common share, for the same period of the prior year, and net income of $18.6 million, or $0.24 per diluted common share, for the first quarter of 2015.

Jae Whan (J.W.) Yoo, President and CEO of Wilshire Bancorp, said, "We continued to generate a high level of profitability... More