Oct. 22 at 1:56 PM
$EWBC beats Q3 earnings estimates — what’s driving the growth? 🚀
EPS of
$2.62 crushed the Zacks Consensus Estimate of
$2.35, with a 25.4% increase from the prior-year quarter's level. Net interest income surged, both loan and deposit balances rose sequentially, and lower provisions aided the growth, despite higher non-interest expenses.
Complete insights here 👉 https://www.zacks.com/stock/news/2774228/ewbc-q3-earnings-top-on-higher-nii-non-interest-income-stock-up?cid=sm-stocktwits-2-2774228-body-17049&ADID=SYND_STOCKTWITS_TWEET_2_2774228_BODY_17049