E TEASTWEST BANK NEWS RELEASE FOR INVESTOR INQUIRIES, CONTACT: Christopher Del Moral-Niles, CFA Chief Financial Officer T: (626) 768-6860 E: chris.delmoralniles@eastwestbank.com East West Bancorp, Inc. 135 N. Los Robles Ave., 7th Fl. Pasadena, CA 91101 Tel. 626.768.6000 | --- | |---------------------------------------| | | | Adrienne Atkinson | | Director of Investor Relations | | T: (626) 788-7536 | | E: adrienne.atkinson@eastwestbank.com | EAST WEST BANCORP REPORTS NET INCOME FOR THIRD QUARTER OF 2024 OF ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? East West Bancorp (EWBC) , which belongs to the Zacks Banks - West industry, could be a great candidate to consider. When looking at the last two reports, this bank holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.54%, on average, in the last two quarters. For the last reported quarter ...

Wall Street analysts forecast that East West Bancorp (EWBC) will report quarterly earnings of $2.05 per share in its upcoming release, pointing to a year-over-year increase of 1.5%. It is anticipated that revenues will amount to $641.8 million, exhibiting a decline of 0.9% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 1.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsiderat ...

Wall Street expects a year-over-year increase in earnings on lower revenues when East West Bancorp (EWBC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, 2024, might help the stock move higher if these key numbers are bette ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.001 per share EWBC The Nasdaq Global Select Market FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission ...

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at East West Bancorp (EWBC) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of th ...

The results were primarily aided by an increase in adjusted non-interest income. Also, deposit and loan balances increased sequentially in the quarter. However, lower net interest income (NII) and higher adjusted non-interest expenses and provisions were the undermining factors. Adjusted quarterly net revenues were $637.9 million, down 1.2% year over year. However, the top line beat the Zacks Consensus Estimate of $634.6 million. The adjusted efficiency ratio was 34.25%, down from 40.56% in the prior year q ...

July 23, 2024 Forward-Looking Statements and Additional Information Basis of Presentation Certain financial information in this presentation has not been prepared in accordance with GAAP and is presented on a non-GAAP basis. Investors should refer to the reconciliations included in this presentation and should consider the Company's non-GAAP measures in addition to, not as a substitute for or superior to, measures prepared in accordance with GAAP. These measures may not be comparable to similarly titled mea ...

For the quarter ended June 2024, East West Bancorp (EWBC) reported revenue of $637.9 million, down 1.2% over the same period last year. EPS came in at $2.07, compared to $2.20 in the year-ago quarter. Here is how East West Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some ...

East West Bancorp, Inc. (NASDAQ:EWBC) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants Adrienne Atkinson - Director, Investor Relations Dominic Ng - Chairman and CEO Christopher Del Moral-Niles - Chief Financial Officer Irene Oh - Chief Risk Officer Conference Call Participants Dave Rochester - Compass Point Jared Shaw - Barclays Capital Casey Haire - Jefferies Ebrahim Poonawala - Bank of America Brandon King - Truist Securities Timur Braziler - Wells Fargo Matthew Clark - Pipe ...