East West Bancorp Reports Q4 Earnings, Misses Estimates
East West Bancorp Inc. (EWBC) reported a fourth-quarter profit of $293.1 million on Thursday. The Pasadena, California-based bank earned $2.10 per share, or $2.08 excluding non-recurring gains.
Analysts' consensus forecast, compiled by Zacks Investment Research, had predicted $2.13 per share.
Revenue totaled $1.15 billion, while net interest revenue came in at $675.8 million, exceeding Street estimates of $654.3 million as projected by four Zacks analysts.