East West Bancorp Q4 Adjusted Earnings, Revenue Rise; Share Buyback, Dividend Boosted

MT Newswires Live
24 Jan

East West Bancorp (EWBC) reported Q4 adjusted diluted earnings late Thursday of $2.08, up from $2 a year earlier.

Analysts polled by FactSet expected $2.12.

Revenue in the three months ended Dec. 31, expressed as a sum of total net interest income and noninterest income, rose to $675.8 million from $654.7 million a year earlier.

Analysts surveyed by FactSet expected $659.1 million.

The company increased its share buyback authorization by $300 million and boosted the dividend by 9%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10