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  September 5, 2001
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Home > Company Index > Financial Services > Miscellaneous Financial Services > Wilshire Financial Services Group Inc.

Wilshire Financial Services Group Inc.
OTC: WFSG
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 PROFILE
Wilshire Financial Services Group conducts business through two primary subsidiaries: First Bank of Beverly Hills and Wilshire Credit Corporation. First Bank (responsible for approximately three-quarters of revenue) is a savings institution with one branch, a bank-card processing center, and a lending center in Southern California. It also originates commercial mortgages through its George Elkins Mortgage Banking subsidiary. The group purchases and services nonconforming residential and commercial mortgages and consumer loans through Wilshire Credit; it bought the subprime mortgage servicing portfolio of regional bank Fifth Third. American Express Financial Advisors owns more than a fifth of Wilshire Financial.

 COMPETITION
Bank of America Corporation (BAC)
Countrywide Credit Industries, Inc. (CCR)
Washington Mutual, Inc. (WM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 79.90
1-Yr. Sales Growth: 21.5%
Employees: 341
Revenue per employee: $234,310.85

 KEY PEOPLE
• Steven Glennon
    CEO
• Bruce A. Weinstein
    CFO

 CONTACT INFO
1776 SW Madison St.
Portland, OR 97205
US
Phone: 503-223-5600
Fax: 503-223-8799
Online: Web Site

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