Earnings of East West Bancorp, Inc. (EWBC) plunged by 30% quarter over quarter to $0.70 per share in the second quarter due to a hike in provision expense. EWBC's high exposure to vulnerable loan segments will likely keep provision expense high in the remainder of the year, which will keep earnings low. On the other hand, income from the Paycheck Protection Program will likely support earnings. Additionally, a substantial number of certificates of deposits will mature in the year ahead allowing EWBC to lower its funding cost. Overall, I'm expecting earnings to decline by 23%