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East West Bancorp reports net income for third quarter of 2014 of $88.8 million, up 21% from prior year and $0.62 per diluted share, up 17% from prior year

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and China, reported its financial results for the third quarter of 2014 today. For the third quarter of 2014, net income was $88.8 million or $0.62 per diluted share. The Company increased its third quarter net income by $15.6 million or 21% and earnings per diluted share by $0.09 or 17% from the prior year period. “We are pleased with the financial results for the third quarter of 2014,” stated Dominic Ng, Chairman and Chief Executive … Continue reading