East West Bancorp (EWBC) reported a profit for third quarter that declined from last year.
The company's bottom line came in at $159.54 million, or $1.12 per share. This compares with $171.42 million, or $1.17 per share, in last year's third quarter.
Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 12.4% to $324.13 million from $369.81 million last year.
East West Bancorp earnings at a glance:
-Earnings (Q3): $159.54 Mln. vs. $171.42 Mln. last year.-EPS (Q3): $1.12 vs. $1.17 last year.-Analysts Estimate: $0.95 -Revenue (Q3): $324.13 Mln vs. $369.81 Mln last year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.