Edition:
India

East West Bancorp Inc (EWBC.OQ)

EWBC.OQ on NASDAQ Stock Exchange Global Select Market

59.64USD
9:04pm IST
Change (% chg)

$0.37 (+0.62%)
Prev Close
$59.27
Open
$59.63
Day's High
$59.72
Day's Low
$59.26
Volume
18,977
Avg. Vol
279,356
52-wk High
$63.30
52-wk Low
$48.17

Latest Key Developments (Source: Significant Developments)

East West Bank announces agreement to sell Desert Community Bank Branches to Flagstar Bank, FSB
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - East West Bancorp Inc :East West Bank announces agreement to sell Desert Community Bank branches to Flagstar Bank, FSB.East West Bancorp Inc - ‍terms of transaction were not disclosed​.East West Bancorp Inc - ‍following sale, DCB will retain its name and continue to operate as Desert Community Bank, a division of Flagstar Bank​.  Full Article

East West Bancorp reports Q3 diluted EPS of $0.91
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - East West Bancorp Inc :East West Bancorp reports net income for third quarter 2017 of $132.7 million and diluted earnings per share of $0.91, both up by 12% from the prior quarter.Q3 earnings per share $0.91.Q3 earnings per share view $0.86 -- Thomson Reuters I/B/E/S.Q3 revenue $352.8 million versus I/B/E/S view $301.9 million.Qtrly ‍net interest income totaled $303.2 million, a 5% increase from $290.1 million​.East West Bancorp Inc - ‍Q3 2017 adjusted net interest income of $298.6 million increased by $14.8 million or 5% sequentially​.East West Bancorp Inc - qtrly ‍adjusted earnings per share $0.89​.  Full Article

East West Bancorp Q2 earnings per share $0.71
Thursday, 21 Jul 2016 

East West Bancorp Inc : Estimates that fully diluted earnings per share for both third and q4 of 2016 will range from $0.69 to $0.71 . Sees organic loan growth of approximately $365 million per quarter or 6.00% annualized for remainder of 2016 . Fy2016 earnings per share view $2.87 -- Thomson Reuters I/B/E/S . East West Bancorp reports net income for second quarter 2016 of $103.3 million, up 5% from prior year quarter and diluted earnings per share of $0.71, up 4% from prior year quarter . Sees fy 2016 earnings per share $2.83 to $2.87 . Q2 earnings per share $0.71 . Q2 earnings per share view $0.69 -- Thomson Reuters I/B/E/S . Q2 revenue $297.8 million . Sees net interest margin ranging from 3.21% to 3.24% for third and q4 of 2016 . Sees provision for loan losses of $5 million per quarter for remainder of 2016 . Q3 earnings per share view $0.71 -- Thomson Reuters I/B/E/S .Q2 revenue view $264.9 million -- Thomson Reuters I/B/E/S.  Full Article

East West Bancorp Inc gives Q1. FY 2016 EPS guidance
Thursday, 28 Jan 2016 

East West Bancorp Inc:Providing guidance for Q1 2016 and FY 2016.Management currently estimates that fully diluted earnings per share for FY 2016 will range from $2.80 to $2.84.Estimates that fully diluted earnings per share for Q1 2016 will range from $0.66 to $0.68.  Full Article

BRIEF-East West Bank announces agreement to sell Desert Community Bank Branches to Flagstar Bank, FSB

* East West Bank announces agreement to sell Desert Community Bank branches to Flagstar Bank, FSB