East West Bancorp (NASDAQ:EWBC) reported its Q1 earnings results on Thursday, April 21, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
East West Bancorp beat estimated earnings by 9.21%, reporting an EPS of $1.66 versus an estimate of $1.52.
Revenue was up $61.92 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 1.78% increase in the share price the next day.
Here's a look at East West Bancorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.57 | 1.51 | 1.39 | 1.24 |
| EPS Actual | 1.52 | 1.57 | 1.57 | 1.44 |
| Revenue Estimate | 402.57M | 394.06M | 379.38M | 354.11M |
| Revenue Actual | 405.70M | 395.71M | 376.47M | 353.69M |
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.
