East West Bancorp: Q2 Earnings Snapshot
PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — East West Bancorp Inc. (EWBC) on Thursday reported second-quarter profit of $312 million.
The bank, based in Pasadena, California, said it had earnings of $2.20 per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $2.20 per share.
The bank holding company posted revenue of $984.8 million in the period. Its revenue net of interest expense was $645.4 million, missing Street forecasts. Six analysts surveyed by Zacks expected $658.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EWBC at https://www.zacks.com/ap/EWBC
