As the economy improves and loan standards ease, loan growth offers profit opportunity for small and midsized banks like BBCN Bancorp (NASDAQ:BBCN).
BBCN Bancorp is the former Nara Bancorp, founded in 1989 and headquartered in Los Angeles, California. The bank operates 44 branches, mostly in California, and 5 loan offices, primarily in the West. The bank's focus is on commercial markets and California accounts for 60% of BBCN's loan portfolio.
The key drivers supporting future growth for BBCN include:
BBCN's niche market.
BBCN is a specialty bank catering to Korean Americans residing in the United States. The bank's market is...
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