East-west Bancorp, Inc. (EWBC) Tops Q1 EPS by 5c, Raises FY EPS Guidance

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Go back to East-west Bancorp, Inc. (EWBC) Tops Q1 EPS by 5c, Raises FY EPS Guidance

East West Bancorp Reports Net Income for First Quarter 2015 of $100.0 Million, Up 35% from Prior Year and Diluted Earnings Per Share of $0.69, Up 33% from Prior Year

April 21, 2015 4:30 PM EDT

PASADENA, Calif.--(BUSINESS WIRE)-- East West Bancorp, Inc. (East West or the Company) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, today reported its financial results for the first quarter of 2015. For the first quarter of 2015, net income was $100.0 million or $0.69 per diluted share.

East West is pleased to report strong earnings of $100.0 million or $0.69 per diluted share for the first quarter of 2015, an increase in diluted earnings per share of $0.17 or 33% from the prior year quarter, stated Dominic Ng, Chairman and Chief Executive... More