Welcome to our dedicated page for East West Bancorp news (Ticker: EWBC), a resource for investors and traders seeking the latest updates and insights on East West Bancorp stock.
East West Bancorp, Inc. (Nasdaq: EWBC), parent of East West Bank, regularly issues news and updates related to its commercial banking operations in the United States and Asia. Company releases highlight financial results, investor events, strategic relationships, and industry recognition, providing context for how the bank manages growth, capital, and risk in the commercial banking sector.
Recent news has included quarterly earnings announcements reporting record revenue, net interest income, and fee income, as well as growth in loans and deposits. These releases often discuss measures such as return on average assets, return on average common equity, tangible common equity ratios, and book value per share. East West also announces the dates and details of its earnings conference calls and webcasts, where management discusses results and operating developments.
East West Bancorp’s news flow also covers participation in major financial services conferences hosted by firms such as Barclays, Wells Fargo, Morgan Stanley, Bank of America, and KBW. In these events, management meets with investors and discusses the company’s business, performance, and strategy. Other announcements describe partnerships and financing arrangements involving East West Bank, such as roles in syndicated facilities and relationships that support clients in sectors like specialty finance and energy-related projects.
In addition, East West has reported recognition in industry rankings, including being named the No. 1 performing bank in Bank Director’s RankingBanking study for large banks. For investors and observers, the EWBC news stream offers insight into the company’s financial performance, capital position, geographic footprint, and engagement with clients and capital markets. This page aggregates those updates so readers can follow East West Bancorp’s key announcements over time.
East West Bancorp, Inc. (NASDAQ: EWBC) will release its financial results for Q4 and FY 2022 on January 26, 2023. Management will host a conference call at 8:30 A.M. PT to discuss these results. The call can be accessed by dialing (877) 506-6399 for U.S. participants. Additionally, the company updated its fourth quarter tax credit amortization to $65 million and an effective tax rate of 13%, with a full-year rate of 20%. The firm operates over 120 locations in the U.S. and China, boasting total assets of $62.6 billion.
East West Bancorp (EWBC) reported robust third quarter 2022 results, achieving net income of $295.3 million, or $2.08 per diluted share, reflecting a 58% increase linked quarter annualized and 32% year-over-year. Net interest income reached a record $552 million, up 66% linked quarter annualized, with a net interest margin of 3.68%. Total loans grew to $47.5 billion, rising 8% linked quarter annualized. The Company maintained strong capital levels, with a common equity tier 1 ratio of 12.3% and solid asset quality metrics. A fourth quarter dividend of $0.40 per share was also declared.
East West Bancorp, Inc. (EWBC) is set to release its third quarter 2022 financial results on October 20, 2022, before the market opens. A conference call for discussing these results will occur at 8:30 A.M. PT the same day, inviting both public and investors to participate. The company, with $62.4 billion in total assets, is the largest independent bank in Southern California, operating over 120 locations across the U.S. and Greater China. Further details can be found on their Investor Relations page.
East West Bancorp reported a strong Q2 2022, with net income of $258.3 million or $1.81 per diluted share, marking a 38% increase quarter-over-quarter and 15% year-over-year. Total revenue rose to $551 million, an increase of 45% linked quarter annualized, driven by record net interest income of $473 million, up 55%. The bank's total loans reached $46.5 billion, up 28% annualized, and net interest margin improved to 3.23%. Strong capital levels were maintained, with a CET1 ratio of 12.0%.
East West Bancorp, Inc. (Nasdaq: EWBC) will release its second quarter 2022 financial results on July 21, 2022, before market opening. A conference call to discuss these results will occur the same day at 8:30 A.M. Pacific Time, inviting the public and investors to join in. The company, with total assets of $62.2 billion, operates as the largest independent bank in Southern California and has a significant presence in Greater China. For detailed information, visit the investor relations page at www.eastwestbank.com/investors.
East West Bank has reaffirmed its commitment to the Asian American and Pacific Islander (AAPI) community by pledging over $6 million to support key nonprofits and initiatives during the AAPI Heritage Month. This follows a previous commitment of $25 million made in 2021 to the AAPI Giving Challenge. The funding will aid organizations focused on equality and justice within the AAPI community, including initiatives such as the STAATUS Index. East West Bank highlights its long-standing role in promoting inclusion.
East West Bancorp, Inc. (Nasdaq: EWBC) reported strong financial results for Q1 2022, achieving a net income of $237.7 million or $1.66 per diluted share, a 16% increase year-over-year. Total loans reached a record $43.5 billion, with significant growth in commercial loans. Total deposits also hit a record at $54.9 billion, marking an increase of 12% linked quarter annualized. The net interest margin expanded to 2.87%, up 14 basis points. East West’s asset quality remains strong, with a nonperforming asset ratio of 0.15%. The outlook for continued growth and earnings in 2022 is optimistic.
East West Bancorp, Inc. (NASDAQ: EWBC) will announce its first quarter 2022 financial results on April 21, 2022, before market opening. A conference call will follow at 8:30 A.M. PT to discuss these results and operational developments. Investors can access the call via designated dial-in numbers. The company, with assets of $60.9 billion, operates over 120 locations in the U.S. and China, serving as a financial bridge between the two regions.
East West Bancorp reported a stellar financial performance for 2021, with a net income of $873 million ($6.10 per diluted share), reflecting a 54% increase from 2020. The fourth quarter also showed strong results with $217.8 million in net income, although down 3% from the previous quarter. Total revenue reached a record $1.8 billion, up 13% year-over-year. Total loans grew to $41.7 billion, and deposits rose 19% to $53.4 billion. The company announced a 21% increase in its common stock dividend, demonstrating confidence in sustained profitability.
East West Bancorp will announce its financial results for the fourth quarter and full year 2021 before market opens on January 27, 2022. A conference call is scheduled for the same day at 8:30 A.M. Pacific Time, inviting public and investors to join. The company, with total assets of $61.0 billion, operates over 120 locations and serves as a financial bridge between the U.S. and Greater China. The replay of the call will be available until February 27, 2022.
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