Wilshire Bancorp Q3 Profit Declines; Yet Tops View - Quick Facts

(RTTNews) - Wilshire Bancorp, Inc. (WIBC), the holding company for Wilshire State Bank, reported that its third-quarter net income available to common shareholders was $11.3 million or $0.16 per share, compared to $38.5 million or $0.54 per share in the comparable quarter last year.

On average, four 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 $26.7 million, up 4.3% from $25.6 million a year earlier, while total non-interest income was $7.8 million, up from $6.6 million in the prior year quarter.