East West Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary
22/04/2025 22:00
East West Bancorp Inc EWBC.OQ reported quarterly adjusted earnings of $2.09 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.08. The mean expectation of thirteen analysts for the quarter was for earnings of $2.06 per share. Wall Street expected results to range from $1.98 to $2.21 per share. Revenue rose 6.2% to $600.20 million from a year ago; analysts expected $607.65 million. East West Bancorp Inc's reported EPS for the quarter was $2.08. The company reported quarterly net income of $290.27 million. East West Bancorp Inc shares had fallen by 15.0% this quarter and lost 20.3% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 0.5% in the last three months. In the last 30 days, four analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" Wall Street's median 12-month price target for East West Bancorp Inc is $105.50 This summary was machine generated from LSEG data April 22 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 2.06 | 2.09 | Beat |
| Dec. 31 2024 | 2.13 | 2.08 | Missed |
| Sep. 30 2024 | 2.06 | 2.09 | Beat |
| Jun. 30 2024 | 1.98 | 2.07 | Beat |