Benzinga | Oct 21, 2021 12:12PM EDT

Recap: East West Bancorp Q3 Earnings



East West Bancorp (NASDAQ:EWBC) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

East West Bancorp beat their estimated earnings by 3.97%, which did not surprise analysts.

Revenue was up $71,576,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18, which was followed by a 0.63% increase in the share price the next day.

Here's a look at East West Bancorp's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.39 1.24 1.03 0.95EPS Actual 1.57 1.44 1.13 1.12Revenue Estimate 379.38M 354.11M 334.61M 349.08MRevenue Actual 376.47M 353.69M 346.58M 324.13M

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