East West Bancorp Reports Net Income for 2019 of $674 Million and Diluted Earnings Per Share of $4.61; Record Revenue of $1.7 Billion

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Go back to East West Bancorp Reports Net Income for 2019 of $674 Million and Diluted Earnings Per Share of $4.61; Record Revenue of $1.7 Billion

East-West Bancorp (EWBC) Tops Q4 EPS by 13c

January 23, 2020 8:01 AM EST

East-West Bancorp (NASDAQ: EWBC) reported Q4 EPS of $1.29, $0.13 better than the analyst estimate of $1.16.

2019 ended a transformational decade for East West, during which we more than doubled our asset size to $44.2 billion and grew both our commercial loans and our noninterest-bearing deposits nearly five-fold. Today, our loan portfolio is well-balanced between commercial, commercial real estate and residential mortgage loans, and our deposits... More