Edition:
United Kingdom

East West Bancorp Inc (EWBC.OQ)

EWBC.OQ on NASDAQ Stock Exchange Global Select Market

69.07USD
22 Jun 2018
Change (% chg)

$-0.92 (-1.31%)
Prev Close
$69.99
Open
$70.50
Day's High
$70.57
Day's Low
$68.98
Volume
366,972
Avg. Vol
327,822
52-wk High
$73.98
52-wk Low
$52.86

Latest Key Developments (Source: Significant Developments)

East West Bancorp Increases Quarterly Dividend By 15 Pct To $0.23 Per Share
Tuesday, 29 May 2018 

May 29 (Reuters) - East West Bancorp Inc ::EAST WEST BANCORP INCREASES QUARTERLY DIVIDEND BY 15% TO $0.23 PER SHARE.  Full Article

East West Bancorp Reoprts Q1 Adjusted Earnings Per Share Of $1.13 Excluding Items
Thursday, 19 Apr 2018 

April 19 (Reuters) - East West Bancorp Inc ::EAST WEST BANCORP REPORTS NET INCOME FOR FIRST QUARTER 2018 OF $187 MILLION AND DILUTED EARNINGS PER SHARE OF $1.28, BOTH UP BY 120% FROM THE PRIOR QUARTER.Q1 EARNINGS PER SHARE $1.28.Q1 EARNINGS PER SHARE VIEW $1.00 -- THOMSON REUTERS I/B/E/S.Q1 ADJUSTED EARNINGS PER SHARE $1.13 EXCLUDING ITEMS.NET INTEREST INCOME TOTALED $326.7 MILLION FOR Q1 OF 2018, AN INCREASE OF $7.0 MILLION, OR 2% LINKED QUARTER.REAFFIRM OUR OUTLOOK FOR FULL YEAR 2018.OUTLOOK FOR 2018 CURRENTLY ASSUMES TWO ADDITIONAL FED FUNDS RATE INCREASES IN 2018: IN JUNE AND SEPTEMBER.  Full Article

Flagstar Bancorp Reports Q4 Adjusted EPS Of $0.60
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Flagstar Bancorp Inc ::FLAGSTAR REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS AND ANNOUNCES REGULATORY APPROVAL TO ACQUIRE EIGHT BRANCHES IN SOUTHERN CALIFORNIA.Q4 ADJUSTED EARNINGS PER SHARE $0.60.Q4 LOSS PER SHARE $0.79.Q4 EARNINGS PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME $107 MILLION VERSUS $103 MILLION IN QUARTER ENDED SEPT 30, 2017.RECEIVED APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO ACQUIRE EIGHT DESERT COMMUNITY BANK BRANCHES FROM EAST WEST BANK.ACQUISITION SCHEDULED TO CLOSE IN Q1 OF 2018.  Full Article

East West Bank announces agreement to sell Desert Community Bank Branches to Flagstar Bank, FSB
Monday, 13 Nov 2017 

Nov 13 (Reuters) - East West Bancorp Inc :East West Bank announces agreement to sell Desert Community Bank branches to Flagstar Bank, FSB.East West Bancorp Inc - ‍terms of transaction were not disclosed​.East West Bancorp Inc - ‍following sale, DCB will retain its name and continue to operate as Desert Community Bank, a division of Flagstar Bank​.  Full Article

East West Bancorp reports Q3 diluted EPS of $0.91
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - East West Bancorp Inc :East West Bancorp reports net income for third quarter 2017 of $132.7 million and diluted earnings per share of $0.91, both up by 12% from the prior quarter.Q3 earnings per share $0.91.Q3 earnings per share view $0.86 -- Thomson Reuters I/B/E/S.Q3 revenue $352.8 million versus I/B/E/S view $301.9 million.Qtrly ‍net interest income totaled $303.2 million, a 5% increase from $290.1 million​.East West Bancorp Inc - ‍Q3 2017 adjusted net interest income of $298.6 million increased by $14.8 million or 5% sequentially​.East West Bancorp Inc - qtrly ‍adjusted earnings per share $0.89​.  Full Article

East West Bancorp Q2 earnings per share $0.71
Wednesday, 20 Jul 2016 

East West Bancorp Inc : Estimates that fully diluted earnings per share for both third and q4 of 2016 will range from $0.69 to $0.71 . Sees organic loan growth of approximately $365 million per quarter or 6.00% annualized for remainder of 2016 . Fy2016 earnings per share view $2.87 -- Thomson Reuters I/B/E/S . East West Bancorp reports net income for second quarter 2016 of $103.3 million, up 5% from prior year quarter and diluted earnings per share of $0.71, up 4% from prior year quarter . Sees fy 2016 earnings per share $2.83 to $2.87 . Q2 earnings per share $0.71 . Q2 earnings per share view $0.69 -- Thomson Reuters I/B/E/S . Q2 revenue $297.8 million . Sees net interest margin ranging from 3.21% to 3.24% for third and q4 of 2016 . Sees provision for loan losses of $5 million per quarter for remainder of 2016 . Q3 earnings per share view $0.71 -- Thomson Reuters I/B/E/S .Q2 revenue view $264.9 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-East West Bancorp Reoprts Q1 Adjusted Earnings Per Share Of $1.13 Excluding Items

* EAST WEST BANCORP REPORTS NET INCOME FOR FIRST QUARTER 2018 OF $187 MILLION AND DILUTED EARNINGS PER SHARE OF $1.28, BOTH UP BY 120% FROM THE PRIOR QUARTER