The Bank of Hope: The Merger of Wilshire Bank and BBCN Bancorp

Eli Amir and Marco Ghitti ()
Additional contact information
Eli Amir: Tel Aviv University
Marco Ghitti: SKEMA Business School

Chapter Chapter 11 in Financial Analysis of Mergers and Acquisitions, 2020, pp 203-215 from Springer

Abstract: Abstract The purpose of this case is to introduce the application of the purchase method in the banking industry. While the elements of consolidation in the banking industry are similar to those in other industries, the terminology and the structure of financial statements are quite different. In this case, we analyze the stock-for-stock merger of Wilshire Bank and BBCN Bancorp in 2015. Both Wilshire and BBCN are commercial banks specializing in providing services to the Korean-American communities. In analyzing the case, we focus primarily on identifying the acquirer and the date of acquisition in a stock transaction, measuring consideration in a stock-for-stock deal, identifying fair value adjustments, and computing goodwill under both the partial and the full fair value methods.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-61769-1_11

Ordering information: This item can be ordered from
http://www.springer.com/9783030617691

DOI: 10.1007/978-3-030-61769-1_11

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().