earnings
confidence high
sentiment positive
materiality 0.80
East West Bancorp Q3 net income $295M, EPS $2.08; record NII $552M, NIM expands 45bps to 3.68%
EAST WEST BANCORP INC
2022-Q3 EPS reported
$5.55
- Net income $295.3M, diluted EPS $2.08 (+32% YoY); ROAA 1.9%, ROAE 20.3%.
- Record net interest income $552M (+66% linked quarter annualized); NIM 3.68% (+45 bps QoQ).
- Total loans $47.5B (+8% linked quarter annualized); criticized loans down 11% from Q2 2022.
- Capital ratios expanded: CET1 12.3%, tangible common equity 8.35% as of Sept 30, 2022.