Last $9.93 USD
Change Today +0.13 / 1.33%
Volume 2.1M
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As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

wilshire bancorp inc (WIBC) Snapshot

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03/21/14 - $11.96
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10/15/14 - $8.80
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Current Stock Chart for WILSHIRE BANCORP INC (WIBC)

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wilshire bancorp inc (WIBC) Details

Wilshire Bancorp, Inc. operates as the holding company for Wilshire Bank that offers a range of financial products and services. The company operates in three segments: Banking Operations, Trade Finance Services, and Small Business Administration Lending Services. Its deposit products include certificates of deposit, regular savings accounts, money market accounts, checking and negotiable order of withdrawal accounts, installment savings accounts, and individual retirement accounts. The company’s loan products comprise commercial real estate loans to finance or refinance the existing mortgages on properties, such as retail shopping centers, office buildings, industrial buildings, warehouses, hotels, automotive industry facilities, apartment buildings, and other commercial properties; construction loans; home mortgage loans; commercial business loans consisting of business lines of credit and business term loans; Small Business Administration lending services; and consumer loans, such as personal loans, auto loans, and other loans. It also provides trade finance services comprising issuance and negotiation of letters of credit, handling of documentary collections, advising and negotiation of commercial letters of credit, transfer and issue back-to-back letters of credit, and trade finance lines of credit. In addition, the company offers Internet banking services, ATMs, mobile banking, and armored carrier services. As of April 21, 2014, it operated 35 branch offices in California, Texas, New Jersey, and New York; and 7 loan production offices in Dallas, Texas; Atlanta, Georgia; Aurora, Colorado; Annandale, Virginia; Palisades Park, New Jersey; Newark, California; and New York, New York. Wilshire Bancorp, Inc. was founded in 1980 and is headquartered in Los Angeles, California.

541 Employees
Last Reported Date: 11/4/14
Founded in 1980

wilshire bancorp inc (WIBC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $567.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $380.2K
Chief Legal & Human Resources Officer, Execut...
Total Annual Compensation: $266.6K
Chief Credit Officer, Senior Vice President, ...
Total Annual Compensation: $213.5K
Compensation as of Fiscal Year 2013.

wilshire bancorp inc (WIBC) Key Developments

Wilshire Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on January 15, 2015

Wilshire Bancorp Inc. announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per common share. The dividend will be paid to all stockholders of record as of December 31, 2014, payable on January 15, 2015.

Wilshire Bancorp Inc. Opens New Branch in Houston

Wilshire Bancorp Inc. announced the grand opening of its first full service branch in Houston, Texas. The Bank's new branch is located at 10000 Harwin Dr. and is managed by Yuri Yoo. The branch will offer a full range of financial services, from checking, savings and CDs to commercial loans and cash management solutions. The new Houston branch is open from 9:00 a.m. to 5:00 p.m. Monday through Friday, and from 9:00 a.m. to 12:00 p.m. on Saturday.

Wilshire Bancorp Inc. to Open Two New Branches

Wilshire Bancorp Inc. announced that it is planning to open two new branches in other southern states during the first half of 2015.


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Price/Sales 4.3x
Price/Book 1.6x
Price/Cash Flow 14.4x
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