Wilshire Bancorp Inc. Reveals 13% Retreat In Q4 Bottom Line

(RTTNews) - Wilshire Bancorp Inc. (WIBC) reported earnings for fourth quarter that dropped compared to the same period last year.

The company said its bottom line came in at $13.95 million, or $0.18 per share. This was down from $16.10 million, or $0.20 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Wilshire Bancorp Inc. earnings at a glance:

-Earnings (Q4): $13.95 Mln. vs. $16.10 Mln. last year. -Earnings Decline (Y-o-Y): -13.4% -EPS (Q4): $0.18 vs. $0.20 last year. -EPS Decline (Y-o-Y): -10.0% -Analysts Estimate: $0.19