Key Developments: Wilshire Bancorp Inc (WIBC.O)

WIBC.O on Nasdaq

9.62USD
24 Jul 2014
Price Change (% chg)

$0.27 (+2.89%)
Prev Close
$9.35
Open
$9.73
Day's High
$9.84
Day's Low
$9.47
Volume
475,782
Avg. Vol
317,946
52-wk High
$11.96
52-wk Low
$7.98

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Latest Key Developments (Source: Significant Developments)

Wilshire Bancorp Declares $0.05 Cash Dividend
Monday, 2 Jun 2014 08:00am EDT 

Wilshire Bancorp, Inc:Has Declared a quarterly cash dividend of $0.05 per common share.Dividend will be paid to all stockholders of record as of June 30.Dividend payable on July 15.  Full Article

Wilshire Bancorp Inc increases quarterly cash dividend 67pct to $0.05 per share
Thursday, 13 Mar 2014 04:01pm EDT 

Wilshire Bancorp Inc:Declares a quarterly cash dividend of $0.05 per common share.Payable to all stockholders of record as of Mar. 31, payable on Apr. 15.  Full Article

Wilshire Bancorp Inc declares quarterly cash dividend
Monday, 30 Dec 2013 08:35pm EST 

Wilshire Bancorp Inc:Says the Board of Directors has declared a quarterly cash dividend of $0.03 per common share.Says the dividend will be paid to all stockholders of record as of Jan. 6, 2014, payable on Jan. 15, 2014.  Full Article

Wilshire Bancorp Inc Completes Acquisition Of Saehan Bancorp
Thursday, 21 Nov 2013 04:05pm EST 

Wilshire Bancorp, Inc announced that the completion of its acquisition of Saehan Bancorp effective as of November 20, 2013. Using September 30, 2013 financial information, following the consummation of the acquisitions of BankAsiana (which occurred on October 1, 2013) and Saehan Bancorp, Wilshire Bancorp has total assets of approximately $3.6 billion and total deposits of approximately $2.9 billion. Effective November 20, 2013, all former Saehan Bank branches are operating under the Wilshire Bank name.  Full Article

Wilshire Bancorp Inc Completes Acquisition of BankAsiana
Tuesday, 1 Oct 2013 04:30pm EDT 

Wilshire Bancorp Inc announced that it expects to change its name to Wilshire Bank on October 4, 2013, and announced that the Company has completed the acquisition of BankAsiana, a New Jersey state chartered commercial bank with three branches in the New York/New Jersey market. Using June 30, 2013 financial information, following consummation of the acquisition, the combined institution has total assets of approximately $2.97 billion and total deposits of approximately $2.35 billion.  Full Article

Wilshire Bancorp Inc Declares Quarterly Cash Dividend
Tuesday, 10 Sep 2013 04:01pm EDT 

Wilshire Bancorp Inc announced that the Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend will be paid to all stockholders of record as of September 30, 2013, payable on October 15, 2013.  Full Article

Wilshire Bancorp Inc Reinstates Cash Dividend at $0.03 Per Share
Monday, 22 Jul 2013 05:33pm EDT 

Wilshire Bancorp Inc announced that the Company reinstated its quarterly dividend to common shareholders during the second quarter of 2013.A cash dividend of $0.03 per common share was declared and a total amount of $2.1 million was paid on July 15, 2013 to shareholders of record at the close of business on June 30, 2013.  Full Article

Wilshire Bancorp Inc Announces Acquisition Of Saehan Bancorp
Monday, 15 Jul 2013 04:09pm EDT 

Wilshire Bancorp Inc , the parent company of Wilshire State Bank, and Saehan Bancorp, the parent company of Saehan Bank, jointly announced that Wilshire Bancorp has agreed to acquire Saehan Bancorp at the price of $0.42 per share which is valued at approximately $105.5 million, based on Wilshire's recent closing price.  Full Article

Wilshire Bancorp Inc Announces Acquisition Of BankAsiana
Monday, 10 Jun 2013 12:05am EDT 

Wilshire Bancorp Inc announced the signing of a definitive agreement under which Wilshire will acquire BankAsiana. BankAsiana is a New Jersey state chartered commercial bank with three branches serving the Korean-American community in the New York/New Jersey market. As of March 31, 2013, BankAsiana had total assets of $207.3 million, total net loans of $161.2 million and total deposits of $164.6 million. The transaction is structured as a series of mergers in which BankAsiana will ultimately merge into Wilshire State Bank, with Wilshire State Bank as the surviving entity. Under terms of the definitive agreement, the transaction is valued at approximately $32.5 million, which will be paid to BankAsiana shareholders and option holders in cash. The transaction is expected to close before the end of 2013, and is subject to approval by the shareholders of BankAsiana, applicable bank and other regulatory approvals and the satisfaction of other customary closing conditions.  Full Article

Wilshire Bancorp Inc Reinstates Quarterly Cash Dividend at $0.03 Per Share
Tuesday, 4 Jun 2013 04:01pm EDT 

Wilshire Bancorp Inc announced that the Board of Directors has approved the reinstatement of a quarterly cash dividend. All stockholders of record as of June 30, 2013 will be paid a cash dividend of $0.03 per common share, payable on July 15, 2013.  Full Article

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