East West Bancorp (EWBC) revealed earnings for its first quarter that climbed from last year.
The company's bottom line totaled $204.99 million, or $1.44 per share. This compares with $144.82 million, or $1.00 per share, in last year's first quarter.
Excluding items, East West Bancorp reported adjusted earnings of $204.99 million or $1.44 per share for the period.
The company's revenue for the quarter fell 2.5% to $353.70 million from $362.71 million last year.
East West Bancorp earnings at a glance:
-Earnings (Q1): $204.99 Mln. vs. $144.82 Mln. last year.
-EPS (Q1): $1.44 vs. $1.00 last year.
-Revenue (Q1): $353.70 Mln vs. $362.71 Mln last year.
by RTTNews Staff Writer
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