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Dec 31, 2019
East West Bancorp Q4 2019 Earnings Report
Reported net income of $188.2 million and diluted EPS of $1.29, both up by 9% year-over-year.
Key Takeaways
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.
Fourth quarter net income was $188.2 million and diluted EPS were $1.29, both up by 10% from third quarter 2019.
Fourth quarter net income and diluted EPS were both up by 9% from fourth quarter 2018.
Fourth quarter NII was $368.2 million, a quarterly decrease of $1.6 million or 0.4% from third quarter 2019.
Total loans of $34.8 billion as of December 31, 2019 increased by $2.4 billion, or 7%, from $32.4 billion as of December 31, 2018.
Forward Guidance
No specific forward guidance provided in this report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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