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East West Bancorp reports Q2 EPS $2.24, consensus $2.25

Reports Q2 revenue $703M, consensus $702.9M. “East West reported another strong quarter of balanced growth, with average loans and deposits growing by approximately $1.0 billion each,” said Dominic Ng, Chairman and Chief Executive Officer. “Our balance sheet growth drove a new record level of net interest income and we delivered another solid quarter of fee revenue, fueling a 16.7% adjusted return on average tangible common equity,” continued Ng.

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