East West Bancorp: Q3 Earnings Snapshot

PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — East West Bancorp Inc. (EWBC) on Tuesday reported third-quarter net income of $382.2 million.

The bank, based in Pasadena, California, said it had earnings of $2.76 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.

The bank holding company posted revenue of $1.23 billion in the period. Its revenue net of interest expense was $822.7 million, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $810.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EWBC at https://www.zacks.com/ap/EWBC