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Sep 30, 2020
East West Bancorp Q3 2020 Earnings Report
Net income of $159.5 million, or $1.12 per diluted share, was reported.
Key Takeaways
East West Bancorp reported a net income of $159.5 million, or $1.12 per diluted share, for the third quarter of 2020. Total deposits grew to a record $41.7 billion, and total loans reached a record $37.4 billion.
Net income for the third quarter of 2020 was $159.5 million, or $1.12 per diluted share.
Total deposits grew to a record $41.7 billion as of September 30, 2020.
Total loans reached a record $37.4 billion as of September 30, 2020.
Active COVID-19 related payment deferrals have declined by close to 50% since June 30, 2020.
Forward Guidance
East West Bancorp is cautiously optimistic about future opportunities.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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