Wilshire Bancorp Inc (WIBC) : Alpha Omega Wealth Management scooped up 27,620 additional shares in Wilshire Bancorp Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 170,536 shares of Wilshire Bancorp Inc which is valued at $1,886,128.Wilshire Bancorp Inc makes up approximately 1.57% of Alpha Omega Wealth Management’s portfolio.
Wilshire Bancorp Inc closed down -0.08 points or -0.72% at $11.02 with 2,85,457 shares getting traded on Wednesday. Post opening the session at $11.05, the shares hit an intraday low of $10.9 and an intraday high of $11.15 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , New York State Teachers Retirement System reduced its stake in WIBC by selling 3,200 shares or 1.34% in the most recent quarter. The Hedge Fund company now holds 236,487 shares of WIBC which is valued at $2,615,546. Wilshire Bancorp Inc makes up approx 0.01% of New York State Teachers Retirement System’s portfolio. 1st Global Advisors sold out all of its stake in WIBC during the most recent quarter. The investment firm sold 12,112 shares of WIBC which is valued $130,446. Capital Impact Advisors sold out all of its stake in WIBC during the most recent quarter. The investment firm sold 67,063 shares of WIBC which is valued $722,269.Capstone Asset Management Co reduced its stake in WIBC by selling 1,430 shares or 6.53% in the most recent quarter. The Hedge Fund company now holds 20,470 shares of WIBC which is valued at $220,462. Wilshire Bancorp Inc makes up approx 0.01% of Capstone Asset Management Co’s portfolio.
On the company’s financial health, Wilshire Bancorp Inc reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Apr 18, 2016. Analyst had a consensus of $0.20.Analysts expectations of $ 51.55.During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Wilshire Bancorp Inc. Wilshire Bancorp Inc was Upgraded by Raymond James to ” Outperform” on Jan 28, 2016.
Wilshire Bancorp Inc. (Wilshire) is a bank holding company offering a range of financial products and services primarily through its main subsidiary Wilshire Bank (the Bank) a California state-chartered commercial bank. The Bank has 34 full-service branch offices in Southern California Texas New Jersey and the greater New York City metropolitan area. It also has four loan production offices (LPOs) located in California Colorado Georgia and Washington which are utilized for the origination of loans under its Small Business Administration (SBA) lending program. The Company operates a community bank focused on the general commercial banking business with its primary market encompassing Southern California Texas New Jersey and the New York metropolitan area. At December 31 2014 the Company had approximately $4.16 billion in assets $3.32 billion in total loans (net of deferred fees and including loans held-for-sale) and $3.40 billion in deposits.