East West Bancorp: Q1 Earnings Insights

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East West Bancorp EWBC reported its Q1 earnings results on Thursday, April 20, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

East West Bancorp beat estimated earnings by 5.45%, reporting an EPS of $2.32 versus an estimate of $2.2.

Revenue was up $184.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 1.77% increase in the share price the next day.

Here's a look at East West Bancorp's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.24 2.09 1.68 1.52
EPS Actual 2.37 2.08 1.81 1.66
Revenue Estimate 587.68M 544.18M 463.95M 418.44M
Revenue Actual 605.51M 551.81M 472.95M 415.61M

To track all earnings releases for East West Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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