05:01 PM EDT, 04/23/2024 (MT Newswires) -- East West Bancorp ( EWBC ) reported Q1 adjusted earnings late Tuesday of $2.08 per diluted share, down from. $2.32 a year earlier.

Analysts polled by Capital IQ expected $2.

Revenue for the quarter ended March 31, expressed as a sum of total net interest income and noninterest income, was $644.1 million, down from $659.8 million a year earlier. Analysts surveyed by Capital IQ expected $637.5 million.

The company maintained its quarterly dividend at $0.55 per share, payable on May 17 to shareholders of record on May 3.

Shares of the company rose 3% in after-hours activity.