EWBC Stock Recent News

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does East West Bancorp (EWBC) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does East West Bancorp (EWBC) have what it takes?

Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.1% on Friday.

EWBC's fourth-quarter 2024 results miss estimates due to a significant jump in provisions. Yet, higher NII & fee income, alongside lower expenses, is a tailwind.

East West Bancorp, Inc. (NASDAQ:EWBC ) Q4 2024 Earnings Conference Call January 23, 2025 5:00 PM ET Company Participants Adrienne Atkinson - Director of Investor Relations Dominic Ng - Chairman and Chief Executive Officer Chris Del Moral-Niles - Chief Financial Officer Irene Oh - Chief Risk Officer Conference Call Participants Jared Shaw - Barclays Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America ML Timur Braziler - Wells Fargo Ben Gerlinger - Citi Chris McGratty - KBW Gary Tenner - D.A. Davidson Operator Good day, and welcome to the East West Bancorp's Fourth Quarter 2024 Earnings Call.

East West Bancorp (EWBC) came out with quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.02 per share a year ago.

PASADENA, Calif.--(BUSINESS WIRE)--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-o.

Besides Wall Street's top -and-bottom-line estimates for East West Bancorp (EWBC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

East West Bancorp (EWBC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.