Recent Insider Transactions • Jun 13
Executive VP & Chief Risk Officer recently sold €1.3m worth of stock On the 11th of June, Irene Oh sold around 11k shares on-market at roughly €112 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.4m. Insiders have been net sellers, collectively disposing of €25m more than they bought in the last 12 months. Recent Insider Transactions • May 29
Vice Chairman & Chief Corporate Officer recently sold €1.1m worth of stock On the 27th of May, Douglas Krause sold around 10k shares on-market at roughly €106 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.4m. Insiders have been net sellers, collectively disposing of €23m more than they bought in the last 12 months. Annuncio • Apr 09
East West Bancorp, Inc., Annual General Meeting, May 18, 2026 East West Bancorp, Inc., Annual General Meeting, May 18, 2026. Location: meetnow.global/mluszfd, United States Annuncio • Dec 02
East West Bancorp, Inc. and East West Bank Announces Board and Committee Appointments, Effective December 1, 2025 East West Bancorp, Inc. appointed Peter Babej as a director of the Company. Mr. Babej was also appointed to the Board of Directors of the Company's wholly-owned subsidiary, East West Bank. Mr. Babej will be a member of the Risk Oversight Committee of both the Company and East West Bank. With this appointment, the Company will have eleven directors, ten of whom are independent, including Mr. Babej. Mr. Babej will receive cash and equity compensation in accordance with the Company’s non-employee director compensation program described in the definitive proxy statement for the Company’s 2025 Annual Meeting of Shareholders, which was filed with the U.S. Securities and Exchange Commission on April 10, 2025, the amount of which will be prorated from the date of his appointment. Annuncio • May 22
East West Bancorp, Inc. Approves the Election of Jack C. Liu as Director East West Bancorp, Inc. approved the election of Jack C. Liu as Director, at its AGM held on May 20, 2025. Annuncio • Apr 24
East West Bancorp, Inc. announces Quarterly dividend, payable on May 16, 2025 East West Bancorp, Inc. announced Quarterly dividend of USD 0.6000 per share payable on May 16, 2025, ex-date on May 02, 2025 and record date on May 02, 2025. Annuncio • Apr 23
East West Bancorp, Inc. Announces Net Charge-Offs for First Quarter 2025 East West Bancorp, Inc. announced Net Charge-Offs for First Quarter 2025. For the period, the company reported charge-offs of $15 million or 12 basis points of total loans and both nonaccrual loans and nonperforming assets decreasing. Annuncio • Apr 12
East West Bancorp, Inc., Annual General Meeting, May 20, 2025 East West Bancorp, Inc., Annual General Meeting, May 20, 2025. Location: meetnow.global/mctw7ly, United States Annuncio • Mar 08
East West Bancorp, Inc. Announces Retirement of Rudolph I. Estrada as Director On March 3, 2025, Rudolph I. Estrada notified the Board of Directors of East West Bancorp, Inc. (Company) of his decision to retire as a director of the company, effective immediately. Recent Insider Transactions • Nov 13
Vice Chairman & Chief Corporate Officer recently sold €1.2m worth of stock On the 12th of November, Douglas Krause sold around 12k shares on-market at roughly €100 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months. Recent Insider Transactions • Nov 01
Executive VP & Chief Risk Officer recently sold €912k worth of stock On the 29th of October, Irene Oh sold around 10k shares on-market at roughly €91.19 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months. Declared Dividend • Oct 28
Third quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 4th November 2024 Payment date: 15th November 2024 Dividend yield will be 2.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (27% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: US$2.16 (vs US$2.03 in 3Q 2023) Third quarter 2024 results: EPS: US$2.16 (up from US$2.03 in 3Q 2023). Revenue: US$609.9m (up 9.7% from 3Q 2023). Net income: US$299.2m (up 4.0% from 3Q 2023). Profit margin: 49% (down from 52% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 23
East West Bancorp, Inc. Declares Fourth Quarter 2024 Dividend, Payable on November 15, 2024 Board of Directors of East West Bancorp, Inc. have declared fourth quarter 2024 dividends for the Company’s common stock. The common stock cash dividend of $0.55 per share is payable on November 15, 2024 to shareholders of record as of November 4, 2024. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$2.07 (vs US$2.21 in 2Q 2023) Second quarter 2024 results: EPS: US$2.07 (down from US$2.21 in 2Q 2023). Revenue: US$584.9m (up 3.8% from 2Q 2023). Net income: US$288.2m (down 7.6% from 2Q 2023). Profit margin: 49% (down from 55% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 30
Vice Chairman & Chief Corporate Officer recently sold €542k worth of stock On the 28th of May, Douglas Krause sold around 8k shares on-market at roughly €67.81 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €720k. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months. Recent Insider Transactions • May 08
Executive VP & Chief Risk Officer recently sold €720k worth of stock On the 7th of May, Irene Oh sold around 10k shares on-market at roughly €71.97 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Declared Dividend • Apr 26
First quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 2nd May 2024 Payment date: 17th May 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (25% payout ratio) and is expected to be well covered in 3 years' time (27% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: US$2.05 (vs US$2.29 in 1Q 2023) First quarter 2024 results: EPS: US$2.05 (down from US$2.29 in 1Q 2023). Revenue: US$605.9m (down 3.8% from 1Q 2023). Net income: US$285.1m (down 12% from 1Q 2023). Profit margin: 47% (down from 51% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 12
East West Bancorp, Inc., Annual General Meeting, May 24, 2024 East West Bancorp, Inc., Annual General Meeting, May 24, 2024, at 14:00 Pacific Standard Time. Agenda: To consider and elect eleven directors to serve until the next annual meeting of stockholders and to serve until their successors are duly elected and qualified; to consider and Approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for 2023; to consider and Ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; to consider and transact such other business as may properly come before the Annual Meeting or any postponement or adjournment of the Annual Meeting. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: US$8.23 (vs US$7.98 in FY 2022) Full year 2023 results: EPS: US$8.23 (up from US$7.98 in FY 2022). Revenue: US$2.36b (up 9.5% from FY 2022). Net income: US$1.16b (up 2.9% from FY 2022). Profit margin: 49% (down from 52% in FY 2022). The decrease in margin was driven by higher expenses. Non-performing loans: 0.20% (down from 0.21% in FY 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 29
Fourth quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 1st February 2024 Payment date: 15th February 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by earnings (23% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jan 25
East West Bancorp, Inc. Provides Net Interest Income Guidance for the Year 2024 East West Bancorp, Inc. provided net interest income guidance for the year 2024. The company expects net interest income to decline in the range of 4% to 6%, driven by the expected rate cuts. Reported Earnings • Jan 24
Full year 2023 earnings released: EPS: US$8.23 (vs US$7.98 in FY 2022) Full year 2023 results: EPS: US$8.23 (up from US$7.98 in FY 2022). Revenue: US$2.36b (up 9.5% from FY 2022). Net income: US$1.16b (up 2.9% from FY 2022). Profit margin: 49% (down from 52% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 03
Vice Chairman & Chief Corporate Officer recently sold €696k worth of stock On the 30th of November, Douglas Krause sold around 12k shares on-market at roughly €58.03 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €273k more than they sold in the last 12 months. Upcoming Dividend • Oct 24
Upcoming dividend of US$0.48 per share at 3.7% yield Eligible shareholders must have bought the stock before 31 October 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.3%). Reported Earnings • Oct 22
Third quarter 2023 earnings released: EPS: US$2.03 (vs US$2.10 in 3Q 2022) Third quarter 2023 results: EPS: US$2.03 (down from US$2.10 in 3Q 2022). Revenue: US$555.9m (down 4.2% from 3Q 2022). Net income: US$287.7m (down 2.6% from 3Q 2022). Profit margin: 52% (in line with 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 20
East West Bancorp, Inc. Declares Dividend for Fourth Quarter 2023, Payable on November 15, 2023 East West Bancorp, Inc.’s Board of Directors has declared fourth quarter 2023 dividends for the Company’s common stock. The common stock cash dividend of $0.48 per share is payable on November 15, 2023, to stockholders of record on November 1, 2023. Annuncio • Oct 05
East West Bancorp Announces Executive Leadership Appointments East West Bancorp, Inc., parent company of East West Bank, announced two key appointments to its executive leadership team effective. With the retirement of the Company’s current Chief Risk Officer (CRO), Irene Oh, previously East West’s Chief Financial Officer (CFO), will assume the role of Executive Vice President and CRO. Oh remains a member of the Company’s executive leadership team reporting to Ng. She joined East West in 2004 and was the Company’s CFO for over 13 years. Succeeding Oh is Christopher Del Moral-Niles, who joins East West as the Company’s next Executive Vice President and Chief Financial Officer. As CFO, Del Moral-Niles will also serve as a member of the Company’s executive leadership team reporting to Ng and will be based in Pasadena.Del Moral-Niles brings 30 years’ experience in banking. Most recently, he served as the CFO for Associated Banc-Corp, a position he held for a decade. Prior to Associated, Chris served as the Corporate Treasurer for First American (FAF) and as President of First American Trust. Before that, he served as a Senior Vice President and Director of Liability Management for Union Bank. Earlier in his career, Chris worked as an investment banker at both Merrill Lynch and Lehman Brothers. Annuncio • Sep 23
East West Bancorp, Inc. to Report Q3, 2023 Results on Oct 19, 2023 East West Bancorp, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 19, 2023 Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: US$2.21 (vs US$1.83 in 2Q 2022) Second quarter 2023 results: EPS: US$2.21 (up from US$1.83 in 2Q 2022). Revenue: US$619.4m (up 18% from 2Q 2022). Net income: US$312.0m (up 21% from 2Q 2022). Profit margin: 50% (up from 49% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Annuncio • Jun 28
East West Bancorp, Inc. to Report Q2, 2023 Results on Jul 20, 2023 East West Bancorp, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 20, 2023 Annuncio • May 24
East West Bancorp, Inc. (NasdaqGS:EWBC) entered into definitive agreement to acquire unknown minority stake in Rayliant Global Advisors Limited. East West Bancorp, Inc. (NasdaqGS:EWBC) entered into definitive agreement to acquire unknown minority stake in Rayliant Global Advisors Limited on May 23, 2023. The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions, including receipt of regulatory approvals. Recent Insider Transactions • May 05
Chairman recently bought €455k worth of stock On the 4th of May, Dominic Ng bought around 12k shares on-market at roughly €38.25 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dominic's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €38.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 37% over the past three years. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$2.29 (vs US$1.67 in 1Q 2022) First quarter 2023 results: EPS: US$2.29 (up from US$1.67 in 1Q 2022). Revenue: US$639.8m (up 35% from 1Q 2022). Net income: US$322.4m (up 36% from 1Q 2022). Profit margin: 50% (in line with 1Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 23% per year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 53% After last week's 53% share price decline to €33.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 32% over the past three years. Reported Earnings • Mar 05
Full year 2022 earnings released: EPS: US$7.98 (vs US$6.16 in FY 2021) Full year 2022 results: EPS: US$7.98 (up from US$6.16 in FY 2021). Revenue: US$2.16b (up 25% from FY 2021). Net income: US$1.13b (up 29% from FY 2021). Profit margin: 52% (up from 51% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.45% (up from 2.72% in FY 2021). Cost-to-income ratio: 31.7% (down from 36.9% in FY 2021). Non-performing loans: 0.21% (down from 0.22% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 02
Independent Director recently sold €142k worth of stock On the 31st of January, Chi Husan Liu sold around 2k shares on-market at roughly €70.89 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €350k. Insiders have been net sellers, collectively disposing of €739k more than they bought in the last 12 months. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: US$7.98 (vs US$6.16 in FY 2021) Full year 2022 results: EPS: US$7.98 (up from US$6.16 in FY 2021). Revenue: US$2.27b (up 31% from FY 2021). Net income: US$1.13b (up 29% from FY 2021). Profit margin: 50% (in line with FY 2021). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 10
East West Bancorp, Inc. to Report Q4, 2022 Results on Jan 26, 2023 East West Bancorp, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 26, 2023 Annuncio • Dec 10
East West Bancorp, Inc. and East West Bank Announce Nick Huang Resigns as Executive Vice President and Head of Commercial Banking, Effective December 9, 2022 On December 5, 2022, Nick Huang notified East West Bancorp, Inc. (the Company) of his decision to resign as Executive Vice President and Head of Commercial Banking of the Company and its wholly owned subsidiary, East West Bank. Mr. Huang’s resignation will be effective on December 9, 2022. Recent Insider Transactions • Nov 16
Vice Chairman & Chief Corporate Officer recently sold €350k worth of stock On the 14th of November, Douglas Krause sold around 5k shares on-market at roughly €70.08 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €597k more than they bought in the last 12 months. Annuncio • Oct 22
East West Bancorp, Inc. Revises Earnings Guidance for the Full Year 2022 East West Bancorp, Inc. revised earnings guidance for the full year 2022. For the full year 2022 compared to the company's full year 2021 results, the company’s year-over-year net interest income growth, excluding PPP, of approximately 35%. This narrows down to the upper end of the company's prior outlook, which was for net interest income growth ranging from 30% to 35%. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$2.10 (vs US$1.59 in 3Q 2021) Third quarter 2022 results: EPS: US$2.10 (up from US$1.59 in 3Q 2021). Revenue: US$580.5m (up 32% from 3Q 2021). Net income: US$295.3m (up 31% from 3Q 2021). Profit margin: 51% (in line with 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 21
East West Bancorp, Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on November 15, 2022 East West Bancorp, Inc. Board of Directors has declared fourth quarter 2022 dividends for the Company’s common stock. The common stock cash dividend of $0.40 per share is payable on November 15, 2022, to stockholders of record on November 1, 2022. Annuncio • Sep 24
East West Bancorp, Inc. to Report Q3, 2022 Results on Oct 20, 2022 East West Bancorp, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 20, 2022 Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$1.83 (vs US$1.58 in 2Q 2021) Second quarter 2022 results: EPS: US$1.83 (up from US$1.58 in 2Q 2021). Revenue: US$537.9m (up 24% from 2Q 2021). Net income: US$258.3m (up 15% from 2Q 2021). Profit margin: 48% (down from 52% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year. Annuncio • Jul 22
East West’s Board of Directors Declares Third Quarter 2022 Dividend, Payable on August 15, 2022 East West’s Board of Directors has declared third quarter 2022 dividends for the Company’s common stock. The common stock cash dividend of $0.40 per share is payable on August 15, 2022, to stockholders of record on August 1, 2022. Annuncio • Jul 07
East West Bancorp, Inc. to Report Q2, 2022 Results on Jul 21, 2022 East West Bancorp, Inc. announced that they will report Q2, 2022 results Pre-Market on Jul 21, 2022 Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$1.67 (vs US$1.45 in 1Q 2021) First quarter 2022 results: EPS: US$1.67 (up from US$1.45 in 1Q 2021). Revenue: US$473.5m (up 18% from 1Q 2021). Net income: US$237.7m (up 16% from 1Q 2021). Profit margin: 50% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 8.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Apr 22
First quarter 2022 earnings released: EPS: US$1.67 (vs US$1.45 in 1Q 2021) First quarter 2022 results: EPS: US$1.67 (up from US$1.45 in 1Q 2021). Net income: US$237.7m (up 16% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 14
East West Bancorp, Inc., Annual General Meeting, May 26, 2022 East West Bancorp, Inc., Annual General Meeting, May 26, 2022, at 14:00 Pacific Standard Time. Agenda: To consider Elect nine directors to serve until the next annual meeting of stockholders and to serve until their successors are elected and qualified; to Approve, on an advisory basis, our executive compensation for 2021; to Ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022; and to consider other matter. Annuncio • Apr 07
East West Bancorp, Inc. to Report Q1, 2022 Results on Apr 21, 2022 East West Bancorp, Inc. announced that they will report Q1, 2022 results Pre-Market on Apr 21, 2022 Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €65.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 52% over the past three years. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$6.16 (up from US$3.99 in FY 2020). Revenue: US$1.73b (up 30% from FY 2020). Net income: US$873.0m (up 54% from FY 2020). Profit margin: 51% (up from 43% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.72% (down from 2.98% in FY 2020). Cost-to-income ratio: 36.9% (down from 39.3% in FY 2020). Non-performing loans: 0.22% (down from 0.56% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 9.4% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 11
Independent Lead Director recently sold €88k worth of stock On the 8th of February, Rudolph Estrada sold around 1k shares on-market at roughly €78.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €491k more than they bought in the last 12 months. Annuncio • Jan 30
East West Bancorp, Inc. Provides Earnings Guidance for the Year 2022 East West Bancorp, Inc. provided earnings guidance for the year 2022. The company expects revenue and expense outlook to result in positive operating leverage year-over-year. Reported Earnings • Jan 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$6.16 (up from US$3.99 in FY 2020). Revenue: US$1.85b (up 39% from FY 2020). Net income: US$873.0m (up 54% from FY 2020). Profit margin: 47% (up from 43% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.1%, compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 28
East West Bancorp, Inc. Declares Cash Dividend for the First Quarter of 2022, Payable on February 22, 2022 The Board of Directors of East West Bancorp, Inc. has declared first quarter 2022 dividends for the Company’s common stock. The common stock cash dividend of $0.40 per share is payable on February 22, 2022 to stockholders of record on February 7, 2022. This represents a 21% increase, or seven cents per share, to the quarterly common stock dividend, up from $0.33 per share previously. The new annual dividend is $1.60 per share, compared with $1.32 per share previously. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS US$1.59 (vs US$1.13 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$478.8m (up 36% from 3Q 2020). Net income: US$225.4m (up 41% from 3Q 2020). Profit margin: 47% (up from 45% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 16% share price gain to €67.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Banks industry in Europe. Total returns to shareholders of 37% over the past three years. Recent Insider Transactions • Jul 30
Independent Director recently sold €90k worth of stock On the 29th of July, Chi Husan Liu sold around 1k shares on-market at roughly €61.27 per share. In the last 3 months, there was an even bigger sale from another insider worth €98k. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS US$1.58 (vs US$0.70 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$459.9m (up 67% from 2Q 2020). Net income: US$224.7m (up 126% from 2Q 2020). Profit margin: 49% (up from 36% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Executive Departure • May 30
Executive VP and Head of International & Commercial Banking has left the company On the 28th of May, Andy Yen's tenure in the role of Executive VP and Head of International & Commercial Banking ended. As of March 2021, Andy personally held 65.68k shares (€4.2m worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • May 11
First quarter 2021 earnings released: EPS US$1.45 (vs US$1.00 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$401.2m (up 23% from 1Q 2020). Net income: US$205.0m (up 42% from 1Q 2020). Profit margin: 51% (up from 45% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Recent Insider Transactions • May 06
Independent Director recently sold €98k worth of stock On the 5th of May, Iris Chan sold around 2k shares on-market at roughly €64.91 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €838k more than they bought in the last 12 months. Annuncio • Apr 24
East West Bancorp, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2021 East West Bancorp, Inc. announced net charge-offs of $13.4 million for the first quarter ended March 31, 2021. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$1.45 (vs US$1.00 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$401.2m (up 23% from 1Q 2020). Net income: US$205.0m (up 42% from 1Q 2020). Profit margin: 51% (up from 45% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Recent Insider Transactions • Mar 16
Independent Director recently sold €67k worth of stock On the 15th of March, Chi Husan Liu sold around 1k shares on-market at roughly €64.53 per share. In the last 3 months, they made an even bigger sale worth €104k. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months.