East West Bancorp Q4 2024 Earnings Report
Key Takeaways
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.
Q4 2024 net income was $293 million, or $2.10 per diluted share.
Total assets reached $76.0 billion as of December 31, 2024, an increase of $1.5 billion from the previous quarter.
Total deposits were $63.2 billion as of December 31, 2024, an increase of $1.5 billion, or 2%, from the previous quarter.
An incremental $300 million of share repurchase authorization and a 9% increase in common stock dividend were announced.
East West Bancorp
East West Bancorp
Forward Guidance
East West Bancorp did not provide any forward guidance in the Q4 2024 earnings report.