Wilshire Bancorp, Inc (WIBC)

[56Chevy]

I haven't had time to study the Q2 financials yet but a quick glance looks to be very good and in no way calls for a sell-off.

The bank is selling at 1.58X BV which is a modest discount for banks of this size. Many sell at 2X BV.

It could be something as temporary as profit taking...or perhaps Mr. Market expected Q2 to be higher??

Marker:
Wilshire Bancorp, In (WIBC)
$9.405 down -0.325 (-3.34%)
Volume: 476,107