East West Bancorp (EWBC) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $2.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this bank holding company would post earnings of $1.89 per share when it actually produced earnings of $2.02, delivering a surprise of 6.88%.Over the last four quarters, the c ...

East West Bancorp, Inc. 135 N. Los Robles Ave., 7th Fl. Pasadena, CA 91101 Tel. 626.768.6000 NEWS RELEASE FOR INVESTOR INQUIRIES, CONTACT: Christopher Del Moral-Niles, CFA Adrienne Atkinson Chief Financial Officer Director of Investor Relations T: (626) 768-6860 T: (626) 788-7536 E: chris.delmoralniles@eastwestbank.com E: adrienne.atkinson@eastwestbank.com EAST WEST BANCORP REPORTS NET INCOME FOR FIRST QUARTER OF 2024 OF $285 MILLION AND DILUTED EARNINGS PER SHARE OF $2.03 Pasadena, California – April 23, 2 ...

East West Bancorp, Inc. (EWBC) is well-positioned for revenue growth on the back of steady loan demand, higher rates and sustained client acquisition efforts. However, an escalated expense base and weak asset quality remain near-term headwinds.EWBC’s organic growth strategy is reflected in its net interest income (NII) growth trajectory. Despite a dip in its NII in 2020 (owing to a tough operating backdrop), the metric witnessed a compound annual growth rate (CAGR) of 12% over the last four years ended 2023 ...

Tero Vesalainen Introduction My September article made an investment case for East West Bancorp, Inc. (NASDAQ:EWBC) back when the stock was $53.43 per share. The stock is up significantly since then and the business hasn’t changed much, so I’m not as bullish. However, East West still has an interesting dividend yield of about 3%, which is around double the S&P 500 (SP500) dividend yield of almost 1.5%. My thesis is that East West has an effective structure which enables their cost structure to be low. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-24939 EAST WEST BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or o ...

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will present at the Bank of America 2024 Financial Services Conference on Thursday, February 22nd, 2024, at 10:30 a.m. Eastern Time in Miami, Florida. He will also participate in a fireside chat at the UBS 2024 Financial Services Conference on Monday, February 26th, 2024, at 9:40 a.m. Eastern Time in Miami, Florida. Mr. Del Mora ...

East West Bancorp’s (EWBC) fourth-quarter 2023 adjusted earnings per share of $2.02 surpassed the Zacks Consensus Estimate of $1.89. However, the bottom line declined 14.8% from the prior-year quarter.Including FDIC special assessment-related expenses and gain on the sale of an available-for-sale debt security, earnings per share were $1.69.Results were primarily aided by an increase in non-interest income. Also, loan balances increased sequentially in the quarter, which was a positive. However, lower net i ...

East West Bancorp, Inc. (NASDAQ:EWBC) Q4 2023 Earnings Conference Call January 23, 2024 5:00 PM ET Company Participants Adrienne Atkinson - Director of Investor Relations Dominic Ng - Chairman and Chief Executive Office Christopher Del Moral-Niles - Chief Financial Officer Irene Oh - Chief Risk Officer Conference Call Participants Ebrahim H. Poonawala - Bank of America Ben Gerlinger - Citi Dave Rochester - Compass Point Gary Tenner - D.A. Davidson Casey Haire - Jefferies Manan Gosalia - Morgan Stanley Matth ...

For the quarter ended December 2023, East West Bancorp (EWBC) reported revenue of $654.74 million, down 2.3% over the same period last year. EPS came in at $2.02, compared to $2.37 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $642.61 million, representing a surprise of +1.89%. The company delivered an EPS surprise of +6.88%, with the consensus EPS estimate being $1.89.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

East West Bancorp (EWBC) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $2.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.88%. A quarter ago, it was expected that this bank holding company would post earnings of $2.01 per share when it actually produced earnings of $2.02, delivering a surprise of 0.50%.Over the last four quarters, ...