EWBC earnings
East West Bancorp Inc. (EWBC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- East West Bancorp Reports Net Income for First Quarter of 2026 of $358 Million and Diluted Earnings Per Share of $2.57, Both Up 23% Year-Over-Year, Driven by Record Levels of Quarterly Fee Income, Loans and DepositsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported first quarter 2026 net income of $358 million, or $2.57 per diluted share. Total loans and deposits both reached new records as of March 31, 2026, at $58.1 billion and $68.9 billion, respectively. Return on average assets was 1.79%, return on average common equity was 16.0%, and book value per share grew 14% year-over-year. "East West reported record loans, deposits, and fee income in the first quarter, generating a 17% return on average tangible common equity1," said Dominic Ng, Chairman and Chief Executive Officer. "Our balance sheet growth reflects the strength of our custom
- East West Bancorp Announces Dates for Second Quarter and Third Quarter 2026 Earnings Calls, June Conference ParticipationEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Second Quarter 2026 Tuesday, July 21, 2026 2 p.m. PT/5 p.m. ET Third Quarter 2026 Tuesday, October 20, 2026 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Information to access a replay o
- East West Bancorp Reports Record Net Income for 2025 of $1.3 Billion and Diluted Earnings Per Share of $9.52; Increases Dividend 33%East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2025. Full year 2025 net income was $1.3 billion, or $9.52 per diluted share. Fourth quarter 2025 net income was $356 million, or $2.55 per diluted share. Full-year returns on average assets were 1.70%, returns on average common equity were 16.0%, and book value per share grew 15.9% year-over-year. "2025 marked another record year for revenue, net interest income, fees, noninterest income, net income, and earnings per share," said Dominic Ng, Chairman and Chief Executive Officer. "Our results underscore the breadth o
- East West Bancorp Announces Dates for 2025 Fourth Quarter and 2026 First Quarter Earnings Calls, February Conference ParticipationEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Fourth Quarter and Full Year 2025 Thursday, January 22, 2026 2 p.m. PT/5 p.m. ET First Quarter 2026 Tuesday, April 21, 2026 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Information to access a replay o
- East West Bancorp Reports Record Quarterly Net Income of $368 Million and Diluted Earnings Per Share of $2.65; Record Fees, Loans, and DepositsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported third quarter 2025 net income of $368 million, or $2.65 per diluted share. Return on average common equity was 17.4%, return on average tangible common equity1 was 18.5%, return on average assets was 1.84%, while book value per share and tangible book value per share1 both grew 5% quarter-over-quarter. "I am proud to report East West's record-breaking financial results for the third quarter," said Dominic Ng, Chairman and Chief Executive Officer. "We earned record levels of revenue, net income, and earnings per share. Record net interest income was fueled by deposit-led growth,
- East West Bancorp Reports Earnings for Second Quarter of 2025, With Record Quarterly Revenue and Net Interest IncomeEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the second quarter of 2025. Second quarter 2025 net income was $310 million or $2.24 per diluted share. Total loans and deposits both reached new records as of June 30, 2025, at $55.0 billion and $65.0 billion respectively. Return on average common equity was 15.4% and the total stockholders' equity to assets ratio was 10.5% for the second quarter. Book value per share and tangible book value per share1 both grew $1.97 quarter-over-quarter. "East West reported another strong quarter of balanced growth, with average loans and deposits growing by approxi
- East West Bancorp Announces Dates for Second Quarter and Third Quarter 2025 Earnings Calls, Spring Conference ParticipationEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Second Quarter 2025 Tuesday, July 22, 2025 2 p.m. PT/5 p.m. ET Third Quarter 2025 Tuesday, October 21, 2025 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Information to access a replay of the call will
- East West Bancorp Reports Net Income for First Quarter of 2025 of $290 Million and Diluted Earnings Per Share of $2.08; Record Quarterly Revenue, Fee Income, and LoansEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2025. First quarter 2025 net income was $290 million, or $2.08 per diluted share. Returns on average assets were 1.56%, returns on average common equity were 15.0%, and returns on average tangible common equity1 were 15.9%. Book value per share grew 3% quarter-over-quarter and 14% year-over-year. "East West reported record loans, revenue, and fee income in the first quarter, generating a nearly 16% return on average tangible common equity1," said Dominic Ng, Chairman and Chief Executive Officer. "Net interest margin expanded 11 basi
- East West Bancorp Reports Record Net Income for Full Year 2024 of $1.2 Billion and Diluted Earnings Per Share of $8.33; Increases Dividend and Repurchase AuthorizationEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2024. Full year 2024 net income was $1.2 billion, or $8.33 per diluted share. Fourth quarter 2024 net income was $293 million, or $2.10 per diluted share. Full-year returns on average assets were 1.60%, returns on average common equity were 15.9%, and book value per share grew 12% year-over-year. "Looking back on 2024, East West marked another year of record revenue, net income and EPS, generating a 17% return on average tangible common equity1 for shareholders," said Dominic Ng, Chairman and Chief Executive Officer.
- East West Bancorp Announces Dates for 2024 Fourth Quarter and 2025 First Quarter Earnings Calls, February Conference ParticipationEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Fourth Quarter and Full Year 2024 Thursday, January 23, 2025 2 p.m. PT/5 p.m. ET First Quarter 2025 Tuesday, April 22, 2025 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Informatio
- East West Bancorp Reports Net Income for Third Quarter of 2024 of $299 Million and Diluted Earnings Per Share of $2.14East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2024. Third quarter 2024 net income was $299 million, or $2.14 per diluted share. Return on average assets was 1.62%, return on average common equity was 16.0%, and return on average tangible common equity1 was 17.1%. Book value per share grew 6% quarter-over-quarter and 19% year-over-year. "East West reported another strong quarter of balanced growth in support of our customers," said Dominic Ng, Chairman and Chief Executive Officer. "We continued to grow consumer and business banking deposits while further diversifying our loan po
- East West Bancorp Reports Net Income for Second Quarter of 2024 of $288 Million and Diluted Earnings Per Share of $2.06East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the second quarter of 2024. Second quarter 2024 net income was $288 million, or $2.06 per diluted share. Return on average assets was 1.63%, return on average common equity was 16.4%, and return on average tangible common equity1 was 17.5%. Book value per share grew 3% quarter-over-quarter and 14% year-over-year. "The strength of East West's diversified business model continued to deliver for our shareholders in the second quarter," said Dominic Ng, Chairman and Chief Executive Officer. "Total loans and deposits each grew by 2% quarter-over-quarter, co
- East West Bancorp Announces Dates for 2024 Second and Third Quarter Earnings CallsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Second Quarter 2024 Tuesday, July 23, 2024 2 p.m. PT/5 p.m. ET Third Quarter 2024 Tuesday, October 22, 2024 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Information to access a replay o
- East West Bancorp Reports Net Income for First Quarter of 2024 of $285 Million and Diluted Earnings Per Share of $2.03East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2024. First quarter 2024 net income was $285 million, or $2.03 per diluted share. Excluding a $10 million pre-tax Federal Deposit Insurance Corporation ("FDIC") Special Assessment-related charge (the "FDIC charge")1, adjusted diluted earnings per share2 for the quarter were $2.08, up 3% from the fourth quarter of 2023. Total deposits reached a record $58.6 billion as of March 31, 2024. Return on average common equity was 16%, return on average tangible common equity3 was 18%, and book value per share grew 13% year-over-year. "This
- East West Bancorp Reports Net Income for Full Year 2023 of $1.2 Billion and Diluted Earnings Per Share of $8.18; Increases Dividend by 15%East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2023. Full year 2023 net income was $1.2 billion, or $8.18 per diluted share. Excluding $70 million pre-tax of FDIC Special Assessment-related expense (the "FDIC charge") and $7 million of net losses on an AFS debt security, adjusted diluted earnings per share1 for the year were $8.56. Fourth quarter 2023 net income was $239 million, or $1.69 per diluted share. Excluding the FDIC charge and a $3 million gain on the sale of an AFS debt security, adjusted earnings per diluted share were $2.02 for the fourth quarter. Re
- East West Bancorp Announces Dates for 2023 Fourth Quarter and 2024 First Quarter Earnings CallsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Fourth Quarter and Full Year 2023 Tuesday, January 23, 2024 2 p.m. PT/5 p.m. ET First Quarter 2024 Tuesday, April 23, 2024 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above, and the live audio webcast, earnings release, and earnings presentation will be available on the Investor Relations site at www.eastwestbank.com/investors. Information t
- East West Bancorp Reports Net Income for Third Quarter of 2023 of $288 Million and Diluted Earnings Per Share of $2.02; Record Third Quarter Revenue and Net Interest IncomeEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2023. Third quarter 2023 net income was $288 million, or $2.02 per diluted share. Total loans reached a record $50.9 billion as of September 30, 2023. Return on average assets was 1.66%, return on average common equity was 17.28%, and return on average tangible common equity1 was 18.65%. "East West has continued to grow and support its customers. During the third quarter, we drove record quarterly revenue and net interest income, adding to record net income in the first half of this year," said Dominic Ng, Chairman and Chief Execut
- East West Bancorp Announces Date for Third Quarter 2023 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, will release third quarter 2023 financial results before the market opens on Thursday, October 19, 2023. Conference Call Information Management will discuss third quarter 2023 financial results with the public on Thursday, October 19, 2023 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses third quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657 International (412) 902-6699
- East West Bancorp Reports Net Income for Second Quarter of 2023 of $312 Million and Diluted Earnings Per Share of $2.20, Both Up 21% Year-Over-YearEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the second quarter of 2023. Second quarter 2023 net income was $312.0 million, or $2.20 per diluted share, up from $258.3 million, or $1.81 per diluted share in the prior year period. Year-over-year, net income and earnings per share both increased 21%. "We are pleased with our operating performance for the second quarter, which continues the strong trajectory from the first quarter of 2023. For the second quarter of 2023, both deposits and loans grew 7% linked quarter annualized, to $55.7 billion and $49.8 billion, respectively," stated Dominic Ng, Ch
- East West Bancorp Announces Date for Second Quarter 2023 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, will release second quarter 2023 financial results before the market opens on Thursday, July 20, 2023. Conference Call Information Management will discuss second quarter 2023 financial results with the public on Thursday, July 20, 2023 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses second quarter operating developments. Dial-In Numbers: Within the U.S. Within Canada International (877) 506-6399 (855) 669-9657 (412) 902-6699 Replay Numbers:
- East West Bancorp Reports Net Income for First Quarter of 2023 of $322 Million and Diluted Earnings Per Share of $2.27, Up 37% Year-Over-YearEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2023. First quarter 2023 net income was $322.4 million, or $2.27 per diluted share, up from $237.7 million, or $1.66 per diluted share in the prior year period. Year-over-year, earnings per share increased 37%. Total loans reached a record $48.9 billion as of March 31, 2023. "East West's ability to consistently generate industry-leading profitability while maintaining above peer capital ratios are strengths in any business cycle. East West continued to deliver in the first quarter, despite the banking industry and market disruption
- East West Bancorp Announces Date for First Quarter 2023 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, will release first quarter 2023 financial results before the market opens on Thursday, April 20, 2023. Conference Call Information Management will discuss first quarter 2023 financial results with the public on Thursday, April 20, 2023 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses first quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657 International (412) 902-6699 Replay Numbers: Within the
- East West Bancorp Reports Record Net Income for Full Year 2022 of $1.1 Billion and Record Diluted Earnings Per Share of $7.92; Increases Dividend By 20%East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2022. Full year 2022 net income was a record $1.1 billion, or $7.92 per diluted share, which grew 30% year-over-year. Fourth quarter 2022 net income was $336.8 million, or $2.37 per diluted share, which grew 56% year-over-year. Total loans reached a record $48.2 billion as of December 31, 2022, up 16% year-over-year, and total deposits grew to a record $56.0 billion, up 5% from a year ago. "2023 marks the 50th anniversary of East West. I am very proud of the milestones and growth that East West has achieved through
- East West Bancorp Announces Date for Fourth Quarter and Full Year 2022 Financial Results; Updates Fourth Quarter 2022 Tax Credit Amortization and Tax RateEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release fourth quarter and full year 2022 financial results before the market opens on Thursday, January 26, 2023. Conference Call Information Management will discuss fourth quarter and full year 2022 financial results with the public on Thursday, January 26, 2023, at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses fourth quarter and full year operating developments. Dial-In Numbers: Within the U.S. Within
- East West Bancorp Reports Net Income for Third Quarter 2022 of $295 Million and Diluted Earnings Per Share of $2.08; Record Net Interest Income of $552 MillionEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2022. Third quarter 2022 net income was $295.3 million, or $2.08 per diluted share; diluted earnings per share grew 58% linked quarter annualized and 32% year-over-year. "This was another quarter of outstanding results. Net interest income increased to a record $552 million, up 66% linked quarter annualized, and our net interest margin expanded an impressive 45 basis points quarter-over-quarter to 3.68%," stated Dominic Ng, Chairman and Chief Executive Officer of East West. "Our efficiency improved, expanding all profitability ratio
- East West Bancorp Announces Date for Third Quarter 2022 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release third quarter 2022 financial results before the market opens on Thursday, October 20, 2022. Conference Call Information Management will discuss third quarter 2022 financial results with the public on Thursday, October 20, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses third quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657
- East West Bancorp Reports Net Income for Second Quarter 2022 of $258 Million and Diluted Earnings Per Share of $1.81; Record Net Interest Income of $473 MillionEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, today reported its financial results for the second quarter of 2022. Second quarter 2022 net income was $258.3 million, or $1.81 per diluted share; diluted earnings per share grew 38% linked quarter annualized and 15% year-over-year. "East West's outstanding results for the second quarter demonstrate the strengths of our business model. Total revenue for the second quarter was $551 million, or an increase of 45% linked quarter annualized, driven by strong growth in net interest income and stable fee income. Net interest income increased to a record $473 million, up 55% linked quarter ann
- East West Bancorp Announces Date for Second Quarter 2022 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release second quarter 2022 financial results before the market opens on Thursday, July 21, 2022. Conference Call Information Management will discuss second quarter 2022 financial results with the public on Thursday, July 21, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses second quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657
- East West Bancorp Reports Net Income for First Quarter 2022 of $238 Million and Diluted Earnings Per Share of $1.66: Record Loans and DepositsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, today reported its financial results for the first quarter of 2022. For the first quarter of 2022, net income was $237.7 million, or $1.66 per diluted share, up 37% linked quarter annualized and up 16% year-over-year. "East West had an excellent start to the year. Financial results for the first quarter of 2022 were very strong, with an acceleration of loan and revenue growth, and a 14 basis point expansion in the net interest margin to 2.87%," stated Dominic Ng, Chairman and Chief Executive Officer of East West. "Quarter-over-quarter, our adjusted pre-tax, pre-provision income1 of $320.
- East West Bancorp Announces Date for First Quarter 2022 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release first quarter 2022 financial results before the market opens on Thursday, April 21, 2022. Conference Call Information Management will discuss first quarter 2022 financial results with the public on Thursday, April 21, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses first quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657
- East West Bancorp Reports Record Net Income for 2021 of $873 Million and Diluted Earnings Per Share of $6.10, Both Up by 54% From the Prior Year; Increases Dividend by 21%East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, today reported its financial results for the full year and fourth quarter of 2021. For the full year 2021, net income was $873.0 million, or $6.10 per diluted share. For the fourth quarter of 2021, net income was $217.8 million, or $1.52 per diluted share. "East West achieved record earnings in 2021. Our record total revenue of $1.8 billion grew by 13% year-over-year and our record net income of $873 million grew by 54%," stated Dominic Ng, Chairman and Chief Executive Officer of East West. "We delivered an attractive return on assets of 1.5% and a return on tangible equity1 of 17.2% in
- East West Bancorp Announces Date for Fourth Quarter and Full Year 2021 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release fourth quarter and full year 2021 financial results before the market opens on Thursday, January 27, 2022. Conference Call Information Management will discuss fourth quarter and full year 2021 financial results with the public on Thursday, January 27, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses fourth quarter and full year operating developments. Dial-In Numbers: Within the U.S. Within Cana
- East West Bancorp Reports Net Income for Third Quarter 2021 of $225 Million and Diluted Earnings Per Share Of $1.57East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, today reported its financial results for the third quarter of 2021. Third quarter 2021 net income was $225.4 million, or $1.57 per diluted share; return on average assets was 1.46%, and return on average equity was 15.75%. "This was another quarter of outstanding results. Our total loans reached a record $40.5 billion as of September 30, 2021. Loans grew by 11% annualized from June 30, 2021, and by 11% from September 30, 2020, excluding the impact of the Paycheck Protection Program. This growth has come from all of our major loan portfolios of commercial, residential mortgage and commerc
- East West Bancorp Announces Date for Third Quarter 2021 Financial ResultsEast West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release third quarter 2021 financial results before the market opens on Thursday, October 21, 2021. Conference Call Information Management will discuss third quarter 2021 financial results with the public on Thursday, October 21, 2021 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public and investment community are invited to listen as management discusses third quarter operating developments. Dial-In Numbers: Within the U.S. (877) 506-6399 Within Canada (855) 669-9657
- East West Bancorp Reports Net Income for Second Quarter 2021 of $225 Million and Diluted Earnings Per Share Of $1.57East West Bancorp, Inc. ("East West" or the "Company") (NASDAQ:EWBC), parent company of East West Bank, today reported its financial results for the second quarter of 2021. Net income for the second quarter of 2021 was $224.7 million, or $1.57 per diluted share. Second quarter 2021 return on average assets was 1.56% and return on average equity was 16.6%. "East West had a very strong quarter of robust growth, expanding profitability and improving asset quality," stated Dominic Ng, Chairman and Chief Executive Officer of East West. "As of June 30, 2021, our total loans reached a record $40.1 billion and our total deposits reached a record $52.6 billion." "Excluding the impact of the Payche