BBCN Bancorp (BBCN) Reports In-Line Q1 EPS

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BBCN Bancorp Reports Financial Results for 2016 First Quarter

April 18, 2016 4:30 PM UTC

Q1 2016 Summary:

Net income totals $23.6 million, or $0.30 per diluted common shareNew loan originations amount to $333.5 millionLoans receivable increase 2% to $6.37 billion, or 12% year-over-yearTotal deposits increase 2% to $6.47 billion, or 11% year-over-yearTotal assets increase 2% to $8.07 billion, or 11% year-over-year

LOS ANGELES, April 18, 2016 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (the Company) (NASDAQ: BBCN), the holding company of BBCN Bank (the Bank), today reported net income of $23.6 million, or $0.30 per diluted common share, for the three months ended March 31, 2016.  This compares with net income of $22.9 million, or $0.29 per diluted common... More