Wilshire Bancorp (WIBC) in Los Angeles reported an increase in quarterly profit tied largely to recent acquisitions.

The $3.7 billion-asset company's second-quarter profit jumped 27% from a year earlier, to $14.7 million. Earnings of 19 cents a share were in line with the average estimate of analysts polled by Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.