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Wilshire Bancorp Inc (WIBC) 10.74 $WIBC BBCN an

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Post# of 273322
Posted On: 09/03/2016 9:05:18 AM
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Posted By: Stock_Tracker
Wilshire Bancorp Inc (WIBC) 10.74 $WIBC

BBCN and Wilshire Complete Merger of Equals Creating the Only Super Regional Korean-American Bank in the U.s.
GlobeNewswire - Fri Jul 29, 3:05PM CDT
-- Company and Bank Subsidiary Rebranded as Hope Bancorp, Inc. and Bank of Hope --
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

Wilshire Bancorp Declares $0.06 Cash Dividend
GlobeNewswire - Thu May 26, 3:05PM CDT
Wilshire Bancorp, Inc. (NASDAQ:WIBC), the parent company of Wilshire Bank, announced today that the Board of Directors has declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid to all stockholders of record as of June 15, 2016, payable on July 1, 2016.
WIBC: 10.74 (-0.20)

BBCN Bank Receives Regulatory Approvals for Wilshire Bank Merger
GlobeNewswire - Tue May 17, 7:00AM CDT
BBCN Bancorp, Inc. (NASDAQ:BBCN) ("BBCN" and Wilshire Bancorp, Inc. (NASDAQ:WIBC) ("Wilshire" today jointly announced the receipt of approvals from all regulatory agencies required for closing the merger of equals between BBCN and Wilshire. The Federal Reserve Bank of San Francisco approved the proposed merger of Wilshire with and into BBCN. The Federal Deposit Insurance Corporation and California Department of Business Oversight, respectively, approved the proposed merger of Wilshire Bank, the bank subsidiary of Wilshire, with and into BBCN Bank, the bank subsidiary of BBCN.
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

BBCN and Wilshire Announce New Name of Combined Company and Senior Leadership Team Following Merger Completion
GlobeNewswire - Fri May 13, 4:30PM CDT
BBCN Bancorp, Inc. (NASDAQ:BBCN) ("BBCN" and Wilshire Bancorp, Inc. (NASDAQ:WIBC) ("Wilshire" today jointly announced that the combined company will be named "Hope Bancorp, Inc." upon merger completion, and its wholly owned subsidiary will operate under the new name of "Bank of Hope." The full launch of the new brand for the only super regional Korean-American bank in the United States will be rolled out across all of the combined company's geographic markets concurrently with the closing of the transaction.
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

Wilshire Bancorp Reports Net Income of $13.2 Million or $0.17 per Share for First Quarter 2016
GlobeNewswire - Mon Apr 18, 3:11PM CDT
Wilshire Bancorp, Inc. (NASDAQ:WIBC) (the "Company", the holding company for Wilshire Bank (the "Bank", today reported net income of $13.2 million, or $0.17 per diluted common share, for the quarter ended March 31, 2016. This compares to net income of $18.6 million, or $0.24 per diluted common share, for the same period of the prior year, and net income of $13.9 million, or $0.18 per diluted common share, for the fourth quarter of 2015.
WIBC: 10.74 (-0.20)

BBCN Bank Makes HR More Actionable with UltiPro
BusinessWire - Fri Apr 01, 9:00AM CDT
Ultimate Software (Nasdaq:ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that the HR team at BBCN Bank, the largest Korean-American bank in the United States, has become more action-oriented using Ultimate's comprehensive cloud HCM solution, UltiPro(R), for business intelligence (BI) reporting and features such as automated alerts and audit reports.
WIBC: 10.74 (-0.20), ULTI: 213.21 (+2.58)

Wilshire Bancorp, Inc. Announces First Quarter 2016 Earnings Conference Call
GlobeNewswire - Thu Mar 31, 5:46PM CDT
Wilshire Bancorp, Inc. (Nasdaq:WIBC), will hold its quarterly conference call to discuss first quarter results on Tuesday, April 19, 2016, at 11:00 A.M. PDT (2:00 P.M. EDT).
WIBC: 10.74 (-0.20)

Wilshire Bancorp to Participate in FIG Partners' 7th Annual West Coast Bank CEO Forum
GlobeNewswire - Fri Jan 29, 7:00AM CST
Wilshire Bancorp, Inc. (NASDAQ:WIBC), the holding company for Wilshire Bank, today announced that members of the Company's senior management team will be participating in FIG Partners' 7 Annual West Coast Bank CEO Forum on February 4, 2016 in Los Angeles. Jae Whan (J.W.) Yoo, President and Chief Executive Officer, Alex Ko, Executive Vice President and Chief Financial Officer, and Peter Koh, Executive Vice President and Chief Credit Officer, will represent Wilshire Bancorp at the conference and meet with institutional investors. In addition, Mr. Yoo will participate in a panel discussion on the topic of "Franchise Builders."
WIBC: 10.74 (-0.20)

Upgrade Alert for Wilshire Bancorp (WIBC)
Comtex SmarTrend(R) - Thu Jan 28, 8:01AM CST
Wilshire Bancorp (NASDAQ:WIBC) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $9.98 on volume of 478,000 shares, below average daily volume of 965,000. Over the past year, Wilshire Bancorp has traded in a range of $9.02 to $13.02 and closed yesterday at $9.98, 11% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.
WIBC: 10.74 (-0.20)

WILSHIRE BANCORP INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Tue Jan 26, 1:20PM CST
Rigrodsky & Long, P.A.:
WIBC: 10.74 (-0.20)

Wilshire posts 4Q profit
Automated Insights - Mon Jan 25, 4:13PM CST
LOS ANGELES (AP) _ Wilshire Bancorp Inc. (WIBC) on Monday reported fourth-quarter net income of $13.9 million.
WIBC: 10.74 (-0.20)

BBCN Bancorp Reports Strong Financial Results for 2015 Fourth Quarter and Full Year
GlobeNewswire - Mon Jan 25, 3:30PM CST
Q4 2015 Summary:
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

Lifshitz & Miller Law Firm Announces Investigation of GoPro Inc., Iconix Brand Group, Inland Real Estate Corporation, Nobilis Health Corp., Sarepta Therapeutics, Inc., Synutra International Inc., and Wilshire Bancorp Inc.
PR Newswire - Fri Jan 22, 6:47PM CST
GoPro Inc. (GPRO)
IRC: 10.61 (+0.02), ICON: 8.59 (-0.04), GPRO: 14.13 (-0.40), WIBC: 10.74 (-0.20), HLTH: 3.74 (+0.14), SRPT: 26.89 (+0.33), SYUT: 3.92 (-0.02)

Wilshire Bancorp, Inc. Announces 2015 Fourth Quarter and Year End Earnings Conference Call
GlobeNewswire - Thu Jan 07, 3:00PM CST
Wilshire Bancorp, Inc. (Nasdaq:WIBC), will hold its quarterly conference call to discuss 2015 fourth quarter and year end results on Tuesday, January 26, 2016, at 11:00 A.M. PST (2:00 P.M. EST).
WIBC: 10.74 (-0.20)

Hanmi Financial Withdraws Proposal to Combine With BBCN Bancorp
GlobeNewswire - Thu Dec 17, 8:00AM CST
Hanmi Financial Corporation (NASDAQ:HAFC) ("Hanmi", the holding company for Hanmi Bank, today announced that it has withdrawn its proposal to combine with BBCN Bancorp, Inc. (NASDAQ:BBCN) ("BBCN". Hanmi's decision to withdraw follows the announced definitive agreement between BBCN and Wilshire Bancorp, Inc. (NASDAQ:WIBC) ("Wilshire".
WIBC: 10.74 (-0.20), HAFC: 26.59 (+0.41), BBCN: 15.37 (-0.21)

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Wilshire Bancorp, Inc. -WIBC
PR Newswire - Wed Dec 16, 7:35PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Wilshire Bancorp, Inc. ("Wilshire" or "the Company" (Nasdaq- WIBC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to BBCN Bancorp, Inc. ("BBCN".
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Wilshire Bancorp, Inc. of an Investigation in Connection With the Sale of the Company to BBCN Bancorp, Inc.
BusinessWire - Wed Dec 16, 2:12PM CST
The following statement is being issued by Levi & Korsinsky, LLP:
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

WIBC SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Wilshire Bancorp, Inc. in Connection With the Sale of the Company to BBCN Bancorp, Inc. - WIBC
PR Newswire - Wed Dec 09, 2:51PM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Wilshire Bancorp, Inc. (NASDAQ: WIBC) ("Wilshire Bancorp" or "the Company" in connection with the sale of the Company to BBCN Bancorp, Inc. (NASDAQ: BBCN). Under the terms of the transaction, Wilshire Bancorp shareholders will receive 0.7034 of a share of BBCN common stock per share, representing a value of approximately $13.00 per share.
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

Ryan & Maniskas, LLP Announces Investigation of Wilshire Bancorp Inc.
PR Newswire - Wed Dec 09, 9:42AM CST
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Wilshire Bancorp Inc. ("Wilshire" or the "Company" (NASDAQ: WIBC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to BBCN Bancorp, Inc. ("BBCN" in a transaction valued at approximately $1.0 billion.
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)

WeissLaw LLP: Wilshire Bancorp, Inc.'s Board May Not Be Acting In The Best Interests of WIBC Shareholders
PR Newswire - Tue Dec 08, 3:55PM CST
The proposed merger of Wilshire Bancorp, Inc. ("WIBC" or the "Company" and BBCN Bancorp, Inc. ("BBCN" is being investigated by WeissLaw LLP for possible breaches of fiduciary duty and other violations of law by the Board of Directors of WIBC. On December 7, 2015, the Company announced the signing of a definitive agreement to merge with BBCN in a stock-for-stock transaction valued at approximately $1.0 billion. Under the terms of the agreement, shareholders of WIBC will receive 0.7034 of a share BBCN for each WIBC share they own; representing a consideration of $13.00 per WIBC share, based on the December 4 closing price of BBCN.
WIBC: 10.74 (-0.20), BBCN: 15.37 (-0.21)



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