Wilshire Bancorp Q2 Profit Declines; Yet Tops View - Quick Facts

(RTTNews) - Wilshire Bancorp, Inc. (WIBC), the holding company for Wilshire State Bank, reported that its second quarter net income available to common shareholders was $11.5 million or $0.16 per share, compared to $22.1 million or $0.31 per share in the comparable quarter last year.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.15 per share for the quarter. Analysts' estimates typically excludes special items.

Quarterly net interest income before credit for losses on loans and loan commitments was $25.8 million, up 6.2% from $24.2 million a year earlier, while total non-interest income was $8.3 million, down from $8.5 million in the prior year quarter.