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Last $15.60 USD
Change Today +0.15 / 0.97%
Volume 532.3K
As of 5:20 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

bbcn bancorp inc (BBCN) Snapshot

Open
$15.45
Previous Close
$15.45
Day High
$15.69
Day Low
$15.40
52 Week High
07/23/15 - $15.84
52 Week Low
01/14/15 - $12.77
Market Cap
1.2B
Average Volume 10 Days
435.0K
EPS TTM
$1.11
Shares Outstanding
79.5M
EX-Date
07/29/15
P/E TM
14.0x
Dividend
$0.44
Dividend Yield
2.63%
Current Stock Chart for BBCN BANCORP INC (BBCN)

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bbcn bancorp inc (BBCN) Details

BBCN Bancorp, Inc. operates as the bank holding company for BBCN Bank that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the United States. The company offers short-term and long-term deposits comprising personal and business checking accounts, money market accounts, savings, certificates of deposits, and individual retirement accounts. It also provides a range of loans, including commercial loans to businesses for various purposes, which consist of working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration loans; and consumer loans, such as auto, home equity, and signature loans. In addition, the company offers trade finance services that comprise issuing and advising on letters of credit for export and import businesses, as well as handles documentary collections. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; mobile banking application for smartphones; debit card services; travelers’ checks, safe deposit boxes, and other customary bank services; and Internet banking and bill-pay services, as well as operates automated teller machines. The company operates through 50 branches in California, New York, Chicago and Seattle metropolitan areas, New Jersey, and Virginia; and 6 loan production offices in Dallas, Seattle, Atlanta, Northern California, Denver, and Annandale, Virginia. The company was formerly known as Nara Bancorp, Inc. and changed its name to BBCN Bancorp, Inc. in November 2011. BBCN Bancorp, Inc. was founded in 1989 and is headquartered in Los Angeles, California.

927 Employees
Last Reported Date: 07/20/15
Founded in 1989

bbcn bancorp inc (BBCN) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $590.1K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $289.3K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $327.1K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $278.1K
Chief Lending Officer of BBCN Bank and Execut...
Total Annual Compensation: $233.2K
Compensation as of Fiscal Year 2014.

bbcn bancorp inc (BBCN) Key Developments

BBCN Bancorp, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Announces Total Net Charge Offs for the Second Quarter Ended June 30, 2015

BBCN Bancorp, Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company announced total interest income of $77,075,000 compared to $76,453,000 for the same period a year ago. Net interest income after provision for loan losses was $66,391,000 compared to $64,494,000 for the same period a year ago. Income before income taxes was $38,261,000 compared to $37,247,000 for the same period a year ago. Net income was $22,941,000 compared to $22,312,000 for the same period a year ago. Earnings per common share, basic and diluted were $0.29 compared to $0.28 for the same period a year ago. ROA was 1.26% compared to 1.31% for the same period a year ago. ROE was 10.13% compared to 11.59% for the same period a year ago. Return on average tangible equity was 11.51% compared to 12.18% for the same period a year ago. The results for the three months ended June 30, 2015, reflect solid execution across all areas of the company's business operations. For the six months, the company announced total interest income of $151,629,000 compared to $149,806,000 for the same period a year ago. Net interest income after provision for loan losses was $130,014,000 compared to $126,433,000 for the same period a year ago. Income before income taxes was $73,855,000 compared to $74,007 for the same period a year ago. Net income was $44,299,000 compared to $44,508,000 for the same period a year ago. Earnings per common share, basic and diluted were $0.56. ROA was 1.33% compared to 1.38% for the same period a year ago. ROE was 1.23% compared to 1.33% for the same period a year ago. Return on average tangible equity was 9.86% compared to 10.71% for the same period a year ago. Book value per common share was $11.42 compared to $10.72 for the same period a year ago. For the second quarter ended June 30, 2015, the company announced total net charge offs of $476,000 compared to $2,996,000 for the same period a year ago.

BBCN Bancorp, Inc. to Report Q2, 2015 Results on Jul 20, 2015

BBCN Bancorp, Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 20, 2015

BBCN Bancorp, Inc., Q2 2015 Earnings Call, Jul 21, 2015

BBCN Bancorp, Inc., Q2 2015 Earnings Call, Jul 21, 2015

 

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BBCN Competitors

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Company Last Change
First Financial Bancorp $19.10 USD -0.05
Northwest Bancshares Inc $12.65 USD -0.02
Provident Financial Services Inc $19.66 USD +0.04
United Community Banks Inc/GA $21.05 USD +0.12
WesBanco Inc $32.15 USD -0.35
View Industry Companies
 

Industry Analysis

BBCN

Industry Average

Valuation BBCN Industry Range
Price/Earnings 13.9x
Price/Sales 4.1x
Price/Book 1.4x
Price/Cash Flow 13.9x
TEV/Sales 1.0x
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