East West Bancorp

East West Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following business segments: Consumer and Business Banking, Commercial Banking, and Other. The Consumer and Business Banking segment provides financial service products and services to consumer and commercial customers through the company's branch network in the U.S. The Commercial Banking segment primarily focuses on commercial loans and deposits. The Other segment includes treasury activities of the company and elimination of inter-segment amounts. The company was founded on August 26, 1998, and is headquartered in Pasadena, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

East West Bancorp reports record earnings and eyes China growth

East West Bancorp had a strong financial performance in 2022, focusing on profitability and asset growth.
The bank is cautious about challenges in noninterest income and credit losses but eyes growth opportunities in China.
Maintaining excess capital for acquisitions and customer confidence is a priority for the bank.
East West Bancorp remains optimistic about sustainable growth in the Greater China region and Asia.

East West Bancorp posts robust Q1 earnings amidst market challenges

East West Bancorp (EWBC) delivered strong financial results in Q1 2023, driven by robust loan growth, stable asset quality, and efficient capital management.
While facing challenges from market uncertainties and geopolitical tensions, the bank remains well-positioned to capitalize on opportunities for growth and customer diversification.
Management's focus on maintaining high capital ratios, prudent balance sheet strategies, and operational efficiency underscores the bank's commitment to long-term stability and shareholder value.
Overall, East West Bancorp (EWBC) exhibits resilience and adaptability in navigating evolving market dynamics and pursuing strategic initiatives for sustainable growth.

East West Bancorp posts strong Q2 results, eyes growth opportunities

East West Bancorp delivered strong financial results in Q2 2023, driven by robust loan and deposit growth, solid asset quality, and strategic dividend declaration.
While facing challenges such as elevated deposit costs and slight expense increases, the bank is well-positioned for future growth through organic expansion and technology investments.
Opportunities lie in anticipated loan and net interest income growth, customer deposit replacement strategies, and continued focus on fee income generation.
Overall, East West Bancorp remains optimistic about future growth prospects and is committed to exceeding regulatory requirements while enhancing shareholder value.

East West Bancorp excels in Q3 2023, eyes growth opportunities

East West Bancorp's Q3 performance reflects robust financial health, driven by strong earnings, loan growth, and efficient operations.
While facing challenges such as credit provisions and hedging costs, the company's strengths in capital ratios and diversified portfolios provide resilience.
Opportunities lie in share repurchases, strategic planning, and leveraging financial strength for future growth and shareholder value enhancement.
CEO's confidence in the credit portfolio and strategic focus on shareholder interests position East West Bancorp for continued success and value creation.

East West Bancorp achieves record-breaking year, faces rate cut challenges

East West Bancorp had a stellar year in 2023, marked by financial milestones and strong asset quality. While facing challenges from expected rate cuts and expense fluctuations, the company is focused on growth opportunities through deposit strategies and cost management.

East West Bancorp reports robust Q1 earnings and strategic outlook

East West Bancorp delivered a strong performance in Q1 2024, marked by solid earnings, asset growth, and record deposit levels, while actively managing credit risk and capital effectively.
Despite facing challenges such as potential rate cuts and talent acquisition, the bank's proactive approach to financial planning and strategic initiatives positions it well for future growth.
Opportunities lie in leveraging strong capital ratios, enhancing asset quality, and executing on growth strategies to drive continued success and value creation for shareholders.

East West Bancorp posts robust Q2 earnings amidst revenue challenges

East West Bancorp's Q2 2024 performance reflects operational strength, resilience, and strategic positioning in a challenging financial landscape.
While facing challenges such as declining net interest income, the bank's focus on capital management and operational efficiency positions it well for future growth.
By capitalizing on opportunities for revenue diversification and prudent financial management, East West Bancorp can navigate challenges and drive sustainable long-term value for stakeholders.

East West Bancorp reports robust Q3 earnings amidst growth opportunities

East West Bancorp delivered a solid performance in Q3 2024, marked by revenue growth, stable credit quality, and strong capital ratios.
While facing challenges such as an anticipated decline in net interest income, the company's focus on loan growth and fee income generation offers opportunities for sustained profitability.
Strategic management of credit risks and proactive market strategies will be crucial for East West Bancorp to navigate uncertainties and drive future growth.
Overall, East West Bancorp's financial strength, prudent risk management, and growth prospects position it well for long-term success in a competitive banking landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

East West Bancorp has shown solid performance with a 112.33% price return over 5 years, despite a banking crisis. I reiterate my hold rating, as the TBV is priced close to the 10-year average. Loan growth is sluggish, but EWBC is improving its securities portfolio and TBV per share, benefiting from lower deposit costs.

East West Bancorp: Interesting Dividend But Too Expensive

National Bank Hlds

Northern Trust

As of Oct. 24, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Financials Stocks That May Implode This Quarter

EWBC's third-quarter 2024 results beat estimates on higher NII, lower expenses and higher fee income. Further, higher loans and deposits are positives.

East West Bancorp Q3 Earnings Beat on Higher Fee Income, Stock Up 2.4%

East West Bancorp, Inc. (NASDAQ:EWBC ) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Adrienne Atkinson - Director, Investor Relations Dominic Ng - Chairman and CEO Christopher Del Moral-Niles - Chief Financial Officer Irene Oh - Chief Risk Officer Conference Call Participants Manan Gosalia - Morgan Stanley Dave Rochester - Compass Point Jared Shaw - Barclays Ebrahim Poonawala - Bank of America Timur Braziler - Wells Fargo Matthew Clark - Piper Sandler Chris McGratty - KBW Ben Gerlinger - Citi Samuel Varga - UBS Andrew Terrell - Stephens Operator Good afternoon. And welcome to the East West Bancorp Third Quarter 2024 Earnings Conference Call.

East West Bancorp, Inc. (EWBC) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for East West Bancorp (EWBC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

East West Bancorp (EWBC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

East West Bancorp (EWBC) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.02 per share a year ago.

East West Bancorp (EWBC) Surpasses Q3 Earnings and Revenue Estimates

PASADENA, Calif.--(BUSINESS WIRE)--East 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.

East West Bancorp Reports Net Income for Third Quarter of 2024 of $299 Million and Diluted Earnings Per Share of $2.14

East West Bancorp (EWBC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will East West Bancorp (EWBC) Beat Estimates Again in Its Next Earnings Report?

Beyond analysts' top -and-bottom-line estimates for East West Bancorp (EWBC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Unveiling East West Bancorp (EWBC) Q3 Outlook: Wall Street Estimates for Key Metrics

East West Bancorp (EWBC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

East West Bancorp (EWBC) Reports Next Week: Wall Street Expects Earnings Growth

Bank of America

Banc of California

Citigroup

Eastern Bankshares, Inc.

First Horizon National

F.N.B. Corp.

M&T Bank

Prosperity Bancshares

Western Alliance Bancorporation

Webster Financial

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

11 favored bank stocks that still trade at cheap valuations

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Dominic Ng, Chairman and Chief Executive Officer, and Christopher Del Moral-Niles, Chief Financial Officer, will participate in the Barclays 22nd Annual Global Financial Services Conference and deliver remarks during a fireside chat on Monday September 9th, 2024, at 11:15 a.m. Eastern Time in New York. Mr. Ng and Mr. Del Moral-Niles will also meet with investors and dis.

East West Bancorp to Participate at the Barclays 22nd Annual Global Financial Services Conference

Loan growth expected to be low in 2024, driven by C&I and Residential loans, while CRE loans struggle. Management does not expect much from CRE loans in the coming quarters due to the uncertain macroeconomic environment. Dividend growth remains strong, but dividend yield is low; valuation suggests a hold rating due to the recent increase in share price.

East West Bancorp: Dividend Remains The Strength, But It Is No Longer A Buy (Rating Downgrade)

Does East West Bancorp (EWBC) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes East West Bancorp (EWBC) a Strong Momentum Stock: Buy Now?

East West Bancorp's (EWBC) second-quarter earnings beat estimates on the back of higher fee income, loans and deposit balances. Yet, a lower NII and higher expenses and provisions remain woes.

East West Bancorp (EWBC) Q2 Earnings Beat, Fee Income Rises

While the top- and bottom-line numbers for East West Bancorp (EWBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, East West Bancorp (EWBC) Q2 Earnings: A Look at Key Metrics

East West Bancorp, Inc. (EWBC) Q2 2024 Earnings Call Transcript

East West Bancorp (EWBC) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.20 per share a year ago.

East West Bancorp (EWBC) Q2 Earnings and Revenues Surpass Estimates

PASADENA, Calif.--(BUSINESS WIRE)--East 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 stre.

East West Bancorp Reports Net Income for Second Quarter of 2024 of $288 Million and Diluted Earnings Per Share of $2.06

East West Bancorp (EWBC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Why East West Bancorp (EWBC) is Poised to Beat Earnings Estimates Again

Mastercard

In this article, I screen the Financials sector for the highest-quality dividend growth companies. Just 23 companies meet my minimum criteria, and only 8 are in the “elite” tier. I highlight one Elite Performer and one Elite Value for investors to consider adding to a diversified portfolio.

Screening For Elite Dividend Payers In Financials

East West Bancorp (EWBC) remains well-poised for top-line growth, given the stabilizing deposit costs, diverse revenue streams and loan demand. Yet, high costs and worsening asset quality are woes.

East West Bancorp (EWBC) Rides on Loan Growth Amid High Costs

Since the day before Silicon Valley Bank failed in March 2023, East West has risen 10%, excluding dividends. Analysts say the Southern California bank — which recently reported record deposits — can weather a slowdown thanks to its conservative capital management.

How East West Bancorp has gained an edge by serving the Asian American community

East West Bancorp is still undervalued despite a 16% price appreciation and has high dividend growth potential. Loan portfolio growth is driven by residential mortgage and C&I loans, while CRE loans show no growth. Management expects loan growth to pick up in Q2 2024, driven by demand for residential and C&I loans.

News for East West Bancorp Stock (EWBC)