East West Bancorp Q3 Earnings Beat on Higher Fee Income, Stock Up 2.4%
The Bancorp(TBBK) ZACKS·2024-10-23 22:50
Shares of East West Bancorp, Inc. (EWBC) gained 2.4% in the after-market trading session on better-than-expected quarterly results. Its third-quarter 2024 adjusted earnings per share (EPS) of $2.09 surpassed the Zacks Consensus Estimate of $2.05. Further, the bottom line increased 3.5% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily aided by an increase in net interest income (NII) and non-interest income alongside lower non-int ...