Recap: East West Bancorp Q1 Earnings

East West Bancorp 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.

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.

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.

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