East West Bancorp Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live
23 Apr

East West Bancorp (EWBC) reported fiscal Q1 adjusted diluted earnings late Tuesday of $2.09, up from $2.08 a year earlier.

Analysts polled by FactSet expected $2.07.

Revenue in the three months ended March 31, expressed as a sum of total net interest income and noninterest income, was $692.3 million, up from $643.6 million a year earlier. Analysts expected $672 million.

East West maintained its quarterly dividend at $0.60 per share, payable on May 16 to shareholders of record May 2.

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