Wilshire Bancorp Inc. Q2 Income Climbs 12%

(RTTNews) - Wilshire Bancorp Inc. (WIBC) announced a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $17.36 million, or $0.22 per share. This was up from $15.55 million, or $0.20 per share, in last year's second quarter.

Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Wilshire Bancorp Inc. earnings at a glance:

-Earnings (Q2): $17.36 Mln. vs. $15.55 Mln. last year. -Earnings Growth (Y-o-Y): 11.6% -EPS (Q2): $0.22 vs. $0.20 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.20