East West Bancorp Reports Net Income for Second Quarter 2018 of $172 Million and Diluted Earnings Per Share of $1.18

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Go back to East West Bancorp Reports Net Income for Second Quarter 2018 of $172 Million and Diluted Earnings Per Share of $1.18

East-West Bancorp (EWBC) Tops Q2 EPS by 9c

July 19, 2018 8:01 AM EDT

East-West Bancorp (NASDAQ: EWBC) reported Q2 EPS of $1.18, $0.09 better than the analyst estimate of $1.09.

Total loans grew $644 million, or 9% annualized, to a record $30.2 billion as of June 30, 2018 from $29.6 billion as of March 31, 2018, stated Dominic Ng, Chairman and Chief Executive Officer of East West. Total deposits grew $167 million, or 2%... More