The industry consensus is that investors care more about capital and credit than wide earnings misses for the second quarter, and East West Bancorp Inc. in Pasadena, Calif., is a case in point.

Late Wednesday the $12.7 billion-asset company reported a loss of $92.1 million, or $1.83 a share, as chargeoffs spiked. Analysts had expected it to post a loss of 42 cents a share on average.

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