East West Bancorp (NASDAQ: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.
