East West Bancorp, Inc. - Common Stock (EWBC)

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 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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates:

WEST PALM BEACH, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced the successful closing of a new senior secured revolving credit facility with East West Bank serving as agent and the initial lender (the “Revolving Credit Facility”). The Revolving Credit Facility provides access up to $200 million in borrowing capacity, subject to available borrowing base and additional commitments, with an initial commitment of $50 million. With favorable terms, including an interest rate of SOFR plus 2.75% (subject to a SOFR floor of 2.63% and other conditions), the Revolving Credit Facility offers SUNS flexibility to borrow and repay funds as needed. This facility strengthens SUNS’ ability to pursue strategic growth initiatives and capitalize on high-quality investment opportunities across the Southern United States.

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 Bank, the largest publicly traded bank headquartered in Southern California, today celebrated its 25th anniversary on the Nasdaq stock exchange. Chairman and CEO Dominic Ng rang Nasdaq’s opening bell to commemorate this milestone in the Bank’s history. “This is a momentous day for East West Bank,” said Dominic Ng. “Celebrating 25 years on Nasdaq is a testament to the trust our customers have placed in us and our unwavering commitment to helping them reach further.”

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.

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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates:

East 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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will meet with investors and discuss East West’s business, performance, and strategy at the Wells Fargo 2024 Financial Services Investor Conference on Tuesday, May 14, 2024.

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.

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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates:

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 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 Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, announced two key appointments to its executive leadership team effective today.

East 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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, earned the No. 1 Performing Bank ranking in Bank Director’s 2023 RankingBanking study in the $50 billion and above asset category.

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 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%.

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East 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.

East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, today reaffirmed its support of exceptional Asian American athletes by announcing its continued sponsorship of world-class golfer Rose Zhang as she begins her professional career. This announcement follows the bank’s prior sponsorship of Zhang during her career as a top amateur golfer.

East West Bancorp, Inc. ("East West" or the "Company") (Nasdaq: EWBC), parent company of East West Bank, today announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors (“Rayliant”), as the Chief Economist for East West Bank. In tandem with Dr. Hsu’s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank’s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions, including receipt of regulatory approvals.

East 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 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.

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, announced it has earned the number one spot in the 2022 Ranking of U.S. Public Banks by Financial Performance. This annual analysis by S&P Global Market Intelligence assesses the financial performance of publicly held banks with more than $10 billion in assets across the nation.