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East West Bancorp Inc (EWBC.OQ)

EWBC.OQ on NASDAQ Stock Exchange Global Select Market

44.50USD
1:30am IST
Change (% chg)

$0.37 (+0.84%)
Prev Close
$44.13
Open
$44.75
Day's High
$44.75
Day's Low
$43.32
Volume
352,812
Avg. Vol
355,472
52-wk High
$70.57
52-wk Low
$40.12

Latest Key Developments (Source: Significant Developments)

East West Bancorp Reports Q4 Earnings Per Share $0.58
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - East West Bancorp Inc ::EAST WEST BANCORP REPORTS RECORD NET INCOME FOR FULL YEAR 2017 OF $505.6 MILLION AND DILUTED EARNINGS PER SHARE OF $3.47, BOTH UP BY 17% FROM THE PRIOR YEAR.Q4 EARNINGS PER SHARE $0.58.Q4 EARNINGS PER SHARE VIEW $0.91 -- THOMSON REUTERS I/B/E/S.Q4 ADJUSTED EARNINGS PER SHARE $0.87.SEES FY 2018 NET INTEREST MARGIN (EXCLUDING IMPACT OF ASC 310-30 DISCOUNT ACCRETION) BETWEEN 3.65% AND 3.75%.QTRLY NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES $319.7 MILLION VERSUS $272.7 MILLION.  Full Article

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 reports its financial results for the Q2 2017
Thursday, 20 Jul 2017 

July 20 (Reuters) - East West Bancorp Inc :East West Bancorp reports net income for second quarter 2017 of $118.3 million and diluted earnings per share of $0.81.Q2 earnings per share $0.81.Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.East West Bancorp Inc says net interest income totaled $290.1 million for Q2 of 2017, an increase of $18.0 million or 7 percent linked quarter.East West Bancorp Inc says in Q2 of 2017, total loans grew $732 million or 11 percent annualized.Sees 2017 net interest margin between 3.35 percent and 3.45 percent. This is unchanged from its previous outlook.Sees 2017 provision for credit losses in range of $40 million to $50 million, unchanged from its previous outlook.  Full Article