East West Bancorp achieved a strong second quarter in 2025, reporting a net income of $310 million and diluted EPS of $2.24. The company saw record levels in total loans and deposits, reaching $55.0 billion and $65.0 billion respectively. Key financial metrics like return on average common equity and tangible common equity ratio also showed significant improvement.
East West Bancorp delivered solid financial performance in Q1 2025 with $290 million in net income and $2.08 diluted EPS, driven by growth in loans, fee income, and a higher net interest margin. The company also reported strengthened credit performance and increased book value.
East West Bancorp reported a Q4 2024 net income of $293 million, or $2.10 per diluted share. The company's total assets reached $76.0 billion, and total deposits were $63.2 billion. The Board of Directors has authorized the repurchase of up to $300 million of additional East West stock and a 9% increase in the common stock dividend.
East West Bancorp reported a net income of $299 million for Q3 2024, with diluted earnings per share of $2.14. The company saw growth in consumer and business banking deposits, diversified its loan portfolio, and maintained stable credit quality. The return on average assets was 1.62%, and the return on average tangible common equity was 17.1%.
East West Bancorp reported a net income of $288 million, or $2.06 per diluted share, for the second quarter of 2024. Total loans and deposits each grew by 2% quarter-over-quarter, complemented by record fee income which grew 8%. The company's return on average assets was 1.63%, and return on average common equity was 16.4%.
East West Bancorp reported a strong first quarter in 2024, marked by record deposit growth and solid financial performance. The company's net income reached $285 million, with diluted earnings per share at $2.03. Adjusted diluted earnings per share increased by 3% from the previous quarter. Total deposits grew to a record $58.6 billion.
East West Bancorp reported a net income of $239 million, or $1.69 per diluted share, for the fourth quarter of 2023. 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. The company's total assets reached $69.6 billion as of December 31, 2023, reflecting loan growth.
East West Bancorp reported a net income of $288 million, or $2.02 per diluted share, for Q3 2023. The company achieved record quarterly revenue and net interest income. Total loans reached a record $50.9 billion as of September 30, 2023. The board of directors has approved a restart of the share repurchase program in the fourth quarter.
East West Bancorp reported strong operating performance for the second quarter of 2023, with net income of $312.0 million, or $2.20 per diluted share, up 21% year-over-year. Deposits and loans grew 7% linked quarter annualized. The company earned industry-leading returns of 1.85% on average assets and 21.0% on average tangible common equity. Asset quality remained outstanding with net charge-offs of 0.06% annualized.
East West Bancorp reported a strong first quarter in 2023, characterized by industry-leading profitability and robust capital ratios. Despite banking industry and market disruption in mid-March, the company achieved a net income of $322.4 million, or $2.27 per diluted share, up 37% year-over-year. The company's returns on average assets and tangible common equity were 2.0% and 22.9%, respectively, and net interest margin was 3.96%.
East West Bancorp reported a record net income of $336.8 million, or $2.37 per diluted share, for the fourth quarter of 2022, representing a 56% year-over-year growth. Total loans reached a record $48.2 billion, up 16% year-over-year, and total deposits grew to a record $56.0 billion, up 5% from a year ago. The company's return on average assets was 2.1%, and return on average tangible equity was 25.0%.
East West Bancorp reported strong financial results for the third quarter of 2022, with record net interest income of $552 million and diluted earnings per share of $2.08. Total loans reached a record $47.5 billion, and asset quality remained healthy. Capital ratios expanded due to strong earnings growth.
East West Bancorp reported strong financial results for Q2 2022, with net income of $258.3 million, or $1.81 per diluted share. Total revenue was $551 million, driven by strong growth in net interest income, which reached a record $473 million. The company's balance sheet is well-positioned for rising interest rates with average total loans increasing to $44.6 billion.
East West Bancorp reported strong financial results for Q1 2022, with net income of $237.7 million, or $1.66 per diluted share. The company experienced growth in loans and revenue, along with an expansion in the net interest margin. Total loans reached a record $43.5 billion, and total deposits grew to a record $54.9 billion.
East West Bancorp reported a record net income of $217.8 million for Q4 2021, or $1.52 per diluted share. Total loans reached a record $41.7 billion as of December 31, 2021, and total deposits grew to $53.4 billion.
East West Bancorp reported outstanding results for the third quarter of 2021, with record total loans and deposits. The company's revenue increased by 21% annualized, driven by robust balance sheet growth. The company maintained solid expense discipline, resulting in adjusted pre-tax, pre-provision income growth of 26% annualized. The company earned an attractive return on average tangible equity of 17.25%.
East West Bancorp reported a strong second quarter with robust growth, expanding profitability, and improving asset quality. Total loans reached a record $40.1 billion, and total deposits reached a record $52.6 billion. Net income for the second quarter of 2021 was $224.7 million, or $1.57 per diluted share.
East West Bancorp reported a strong start to 2021 with robust loan and deposit growth, expanded revenue and profitability, and stable credit quality. Net income for the first quarter of 2021 was $205.0 million, or $1.44 per diluted share. Total loans reached a record $39.6 billion, growing by 13% annualized, and total deposits reached a record $49.5 billion, growing by 42% annualized.
East West Bancorp reported a solid financial performance in Q4 2020, with net income reaching $164.1 million, or $1.15 per diluted share. Total loans reached a record $38.4 billion, growing by 10% annualized, and total deposits reached a record $44.9 billion, growing by 30% annualized. The company also saw improvement in asset quality metrics.
East West Bancorp reported a net income of $159.5 million, or $1.12 per diluted share, for the third quarter of 2020. Total deposits grew to a record $41.7 billion, and total loans reached a record $37.4 billion.
East West Bancorp reported a net income of $99.4 million, or $0.70 per diluted share, for the second quarter of 2020. Total loans grew by $1.3 billion to a record $37.2 billion, and total deposits increased by $2.0 billion to a record $40.7 billion. The company's allowance for loan losses coverage was strengthened to 1.70% of the loan portfolio.
East West Bancorp reported a net income of $144.8 million, or $1.00 per diluted share, for the first quarter of 2020. The company's return on average assets was 1.30% and return on average equity was 11.6%. Total loans grew to $35.9 billion and total deposits reached $38.7 billion.
East West Bancorp reported a net income of $188.2 million, or $1.29 per diluted share, for the fourth quarter of 2019. Total loans reached $34.8 billion and total deposits grew to $37.3 billion.