UPDATE: East-West Bancorp (EWBC) Misses Q2 EPS by 6c

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Go back to UPDATE: East-West Bancorp (EWBC) Misses Q2 EPS by 6c

East West Bancorp Reports Net Income for Second Quarter 2020 of $99.4 Million and Diluted Earnings Per Share Of $0.70

July 23, 2020 8:00 AM 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 2020. For the second quarter of 2020, net income was $99.4 million or $0.70 per diluted share. Second quarter 2020 return on average assets was 0.83% and return on average equity was 8.02%.

East West is steadfast in its commitment to support our existing and new customers and the communities we operate in. Despite the challenges presented by... More