Wilshire Bancorp Inc. Q3 Profit Declines 12%

(RTTNews) - Wilshire Bancorp Inc. (WIBC) released earnings for third quarter that decreased from last year.

The company said its profit fell to $13.28 million, or $0.17 per share. This was down from $15.13 million, or $0.19 per share, in last year's third 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 (Q3): $13.28 Mln. vs. $15.13 Mln. last year. -Earnings Decline (Y-o-Y): -12.2% -EPS (Q3): $0.17 vs. $0.19 last year. -EPS Decline (Y-o-Y): -10.5% -Analysts Estimate: $0.20