East West Bancorp: Q2 Earnings Snapshot
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Higher net interest income and an increase in loan balances support East West Bancorp's (EWBC) Q1 earnings, while a rise in provisions, and expenses hurt.
East West Bancorp (EWBC) delivered earnings and revenue surprises of 7.41% and 1.09%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
East West Bancorp: Q1 Earnings Snapshot
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2023. First quarter 2023 net income...
Higher interest rates, an increase in loan balances and solid growth in net interest income support Commerce Bancshares' (CBSH) Q1 earnings. However, a rise in non-interest expenses and provisions hurt...
