East West Bancorp’s distinction jumps 20% on clever loan growth

Strong loan expansion opposite all vital lending categories propelled East West Bancorp to double-digit distinction gains in a third quarter.

The Pasadena, Calif., bank pronounced Thursday that gain rose 20% year over year to $132.7 million, or 91 cents a share. East West kick an 86-cents-a-share accord guess of analysts polled by Bloomberg.

Article source: http://www.nationalmortgagenews.com/news/east-west-bancorps-profit-jumps-20-on-strong-loan-growth

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