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Dec 31, 2021
East West Bancorp Q4 2021 Earnings Report
East West Bancorp reported record earnings for 2021, with net income of $217.8 million, or $1.52 per diluted share for Q4 2021.
Key Takeaways
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.
Net income was $217.8 million, or $1.52 per diluted share.
Total loans reached a record $41.7 billion as of December 31, 2021.
Total deposits grew to $53.4 billion as of December 31, 2021.
The company announced a 21% increase in the common stock dividend.
East West Bancorp
East West Bancorp
Forward Guidance
East West Bancorp expects to deliver another year of outstanding profitability for shareholders, supported by solid loan and deposit growth, healthy capital levels, and the asset sensitive nature of the balance sheet in a rising interest rate environment.
Positive Outlook
- Solid loan growth
- Solid deposit growth
- Healthy capital levels
- Asset sensitive balance sheet
- Rising interest rate environment