BRIEF-East West Banking Corp Posts FY Net Income 4.5 Bln Pesos
by Reuters
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March 18 (Reuters) – East West Banking Corp EW.PS:
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FY NET INCOME 4.5 BILLION PESOS
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FY TOTAL REVENUES DECLINED BY 19% TO 27.0 BILLION PESOS
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FY NET INTEREST MARGIN AT 6.6%
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AS AT FY-END COMMON EQUITY TIER 1 RATIO 14.5%
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EXPECT LOWER LOAN LOSS PROVISIONS ON EXISTING PORTFOLIO IN 2022
Source text for Eikon: ID:nPSX6gr39p
Further company coverage: EW.PS
This article originally appeared on reuters.com