East-West Bancorp (EWBC) Tops Q2 EPS by 3c

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East West Bancorp Reports Net Income for Second Quarter 2015 of $98.7 Million, Up 17% from Prior Year, and Diluted Earnings Per Share of $0.68, Up 15% from Prior Year

July 15, 2015 5:00 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 second quarter of 2015. For the second quarter of 2015, net income was $98.7 million or $0.68 per diluted share.

East West is pleased to report strong earnings of $98.7 million or $0.68 per diluted share for the second quarter of 2015, an increase in diluted earnings per share of $0.09 or 15% from the prior year quarter, stated Dominic Ng, Chairman and Chief Executive... More