Market Summary
USD50.09-1.03
Market Closed-2.01%
EWBC Stock Price
EWBC RSI Chart
EWBC Valuation
EWBC Price/Sales (Trailing)
EWBC Profitability
EWBC Fundamentals
EWBC Revenue
EWBC Earnings
Price Action
52 Week Range
33.8680.49
(Low)(High)
Last 7 days
-4.9%
Last 30 days
-8.7%
Last 90 days
-4.3%
Trailing 12 Months
-23.4%
EWBC Financial Health
EWBC Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for EWBC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-29 | Estrada Rudolph | sold | -134,920 | 55.96 | -2,411 | - |
2023-05-24 | CAMPBELL MOLLY | acquired | - | - | 2,603 | - |
2023-05-24 | Irving Paul H | acquired | - | - | 2,603 | - |
2023-05-24 | LIU JACK C | acquired | - | - | 2,603 | - |
2023-05-24 | Kay Sabrina | acquired | - | - | 2,603 | - |
2023-05-24 | Estrada Rudolph | acquired | - | - | 2,603 | - |
2023-05-24 | Alvarez Manuel Pham | acquired | - | - | 2,603 | - |
2023-05-24 | Dumont Serge | acquired | - | - | 2,603 | - |
2023-05-24 | SUSSMAN LESTER | acquired | - | - | 2,603 | - |
2023-05-24 | Deskus Archana | acquired | - | - | 2,603 | - |
Which funds bought or sold EWBC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | added | 40.21 | 1,400,160 | 5,596,950 | 0.02% |
2023-09-20 | BARCLAYS PLC | added | 95.03 | 6,326,000 | 13,724,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 23.08 | 246 | 1,689 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -6.75 | -297,382 | 2,333,320 | 0.02% |
2023-08-22 | COMERICA BANK | new | - | 5,000 | 5,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.67 | -1,011,240 | 8,826,960 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -27.1 | -398,798 | 913,416 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -92.98 | -18,588,000 | 1,330,000 | 0.01% |
2023-08-17 | Orion Portfolio Solutions, LLC | added | 14.65 | 49,712 | 598,645 | 0.01% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 155 | 155 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of East West Bancorp
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital international investors | 8.8% | 12,372,131 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.40% | 14,665,380 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.2% | 13,021,208 | SC 13G/A | |
| Sep 09, 2022 | vanguard group inc | 10.00% | 14,094,967 | SC 13G/A | |
| Feb 14, 2022 | aristotle capital management, llc | 1.93% | 2,736,571 | SC 13G/A | |
| Feb 11, 2022 | capital international investors | 8.7% | 12,348,820 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 9.67% | 13,717,144 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.8% | 12,431,829 | SC 13G/A | |
| Feb 16, 2021 | capital international investors | 8.7% | 12,319,426 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 9.28% | 13,135,116 | SC 13G/A |
Recent SEC filings of East West Bancorp
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Oct 02, 2023 | 8-K | Current Report | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 15, 2023 | 3 | Insider Trading | |
| Aug 08, 2023 | 10-Q | Quarterly Report | |
| Aug 07, 2023 | 8-K | Current Report | |
| Jul 20, 2023 | 8-K | Current Report | |
| Jul 07, 2023 | D | D |
Peers (Alternatives to East West Bancorp)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MTB | 20.0B | 8.7B | -2.91% | -30.75% | 8.45 | 2.3 | 100.15% | 54.41% |
CFG | 12.1B | 9.2B | -9.50% | -23.81% | 5.3 | 1.32 | 73.93% | 23.54% |
BNS | - | 52.8B | -9.53% | -6.99% | - | - | 75.37% | -22.59% |
| MID-CAP | ||||||||
EWBC | 7.1B | 3.1B | -8.73% | -23.43% | 5.59 | 2.26 | 76.92% | 34.85% |
SIVB | 6.3B | 5.7B | -67.21% | -80.32% | 3.9 | 1.11 | 72.48% | -22.38% |
CBSH | 5.9B | 1.2B | -6.63% | -29.50% | 12.1 | 5.41 | 37.52% | 6.42% |
PB | 4.9B | 1.3B | -8.95% | -20.25% | 10.02 | 3.81 | 25.01% | -4.12% |
WAL | 4.5B | 3.6B | -12.89% | -30.69% | 4.96 | 1.26 | 80.76% | -6.95% |
BPOP | 4.4B | 2.9B | -11.48% | -14.11% | 4.41 | 1.51 | 33.47% | 12.81% |
FFIN | 3.8B | 484.4M | -16.62% | -41.45% | 16.62 | 8.4 | 23.51% | -4.02% |
| SMALL-CAP | ||||||||
SBCF | 1.8B | 550.8M | -10.97% | -28.58% | 18.74 | 3.28 | 78.17% | -14.54% |
BANR | 1.4B | 520.2M | -6.78% | -29.10% | 7.13 | 2.72 | 22.03% | 3.58% |
LKFN | 1.2B | 301.6M | -12.21% | -36.06% | 12.65 | 3.92 | 51.36% | -4.43% |
HTLF | 1.2B | 833.0M | -9.15% | -32.53% | 5.79 | 1.82 | 41.81% | 9.45% |
East West Bancorp News
Returns for EWBC
Cumulative Returns on EWBC
6.5%
10-Year Cumulative Returns
6.8%
7-Year Cumulative Returns
-1.9%
5-Year Cumulative Returns
16.9%
3-Year Cumulative Returns
Risks for EWBC
What is the probability of a big loss on EWBC?
81.9%
Probability that East West Bancorp stock will be more than 20% underwater in next one year
47.7%
Probability that East West Bancorp stock will be more than 30% underwater in next one year.
37.7%
Probability that East West Bancorp stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does EWBC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if East West Bancorp was unfortunately bought at previous high price.
Drawdowns
Financials for East West Bancorp
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 14.9% | 3,131 | 2,725 | 2,321 | 1,983 | 1,770 | 1,669 | 1,619 | 1,577 | 1,528 | 1,527 | 1,595 | 1,681 | 1,792 | 1,868 | 1,882 | 1,872 | 1,818 | 1,743 | 1,652 | 1,554 | 1,472 |
| EBITDA | -100.0% | - | 3,931 | 3,617 | 3,269 | 3,015 | 2,858 | 2,745 | 2,605 | 2,438 | 2,252 | 2,183 | 2,228 | 2,287 | 2,417 | 2,456 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 1.44* | 1.56* | 1.65* | 1.70* | 1.71* | 1.70* | 1.65* | 1.60* | 1.47* | 1.37* | 1.33* | 1.28* | 1.29* | 1.30* | - | - | - | - | - | - |
| Interest Expenses | 4.2% | 2,324 | 2,230 | 2,046 | 1,846 | 1,690 | 1,593 | 1,532 | 1,472 | 1,401 | 1,368 | 1,377 | 1,399 | 1,445 | 1,468 | 1,468 | 1,469 | 1,448 | 1,422 | 1,387 | 1,337 | 1,291 |
| Earnings Before Taxes | 1.1% | 1,552 | 1,535 | 1,412 | 1,300 | 1,189 | 1,119 | 1,056 | 993 | 915 | 757 | 686 | 692 | 702 | 813 | 844 | 830 | 828 | 802 | 819 | 788 | 758 |
| EBT Margin | -100.0% | - | 0.56* | 0.61* | 0.66* | 0.67* | 0.67* | 0.65* | 0.63* | 0.60* | 0.50* | 0.43* | 0.41* | 0.39* | 0.44* | 0.45* | - | - | - | - | - | - |
| Net Income | 4.4% | 1,267 | 1,213 | 1,128 | 1,009 | 939 | 906 | 873 | 819 | 753 | 628 | 568 | 592 | 604 | 655 | 674 | 659 | 659 | 681 | 704 | 616 | 577 |
| Net Income Margin | -100.0% | - | 0.45* | 0.49* | 0.51* | 0.53* | 0.54* | 0.54* | 0.52* | 0.49* | 0.41* | 0.36* | 0.35* | 0.34* | 0.35* | 0.36* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 2,003 | 2,066 | 2,039 | 1,694 | 1,106 | 1,162 | - | - | 969 | 690 | 771 | 707 | 678 | 723 | 566 | 728 | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.9% | 68,533 | 67,245 | 64,112 | 62,576 | 62,394 | 62,241 | 60,871 | 60,959 | 59,855 | 56,874 | 52,157 | 50,371 | 49,408 | 45,949 | 44,196 | 43,275 | 42,892 | 42,091 | 41,042 | 39,043 | 38,043 |
| Cash Equivalents | 7.5% | 6,378 | 5,934 | 3,482 | 2,163 | 1,902 | 3,849 | 3,913 | 4,853 | 5,998 | 4,619 | 4,018 | 4,507 | 4,534 | 3,080 | 3,261 | 3,042 | 3,622 | 3,785 | 3,001 | 2,219 | 2,297 |
| Net PPE | -1.4% | 89.00 | 90.00 | 89.00 | 92.00 | 94.00 | 96.00 | 97.00 | 97.00 | 99.00 | 102 | 103 | 108 | 111 | 115 | 118 | 121 | 121 | 124 | 119 | 120 | 122 |
| Goodwill | 0.0% | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 |
| Liabilities | 1.9% | 62,071 | 60,936 | 58,128 | 56,915 | 56,785 | 56,538 | 55,033 | 55,269 | 54,307 | 51,589 | 46,888 | 45,245 | 44,420 | 41,046 | 39,178 | 38,392 | 38,158 | 37,500 | 36,618 | 34,828 | 33,959 |
| Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.00 | 48.00 | 20.00 | 40.00 | 58.00 | 56.00 | 59.00 |
| Long Term Debt | 0.3% | 153 | 152 | 152 | 153 | 153 | 152 | 152 | 152 | 152 | 152 | 152 | 1,579 | 1,580 | 152 | 152 | 152 | 153 | 152 | 147 | 157 | 162 |
| Shareholder's Equity | 2.4% | 6,462 | 6,309 | 5,985 | 5,661 | 5,609 | 5,703 | 5,837 | 5,690 | 5,548 | 5,285 | 5,269 | 5,126 | 4,987 | 4,903 | 5,018 | 4,883 | 4,735 | 4,592 | 4,424 | 4,245 | 4,114 |
| Retained Earnings | 4.2% | 6,076 | 5,832 | 5,583 | 5,303 | 5,065 | 4,864 | 4,684 | 4,513 | 4,335 | 4,158 | 4,000 | 3,876 | 3,756 | 3,696 | 3,689 | 3,546 | 3,415 | 3,305 | 3,160 | 3,021 | 2,883 |
| Additional Paid-In Capital | 0.6% | 1,960 | 1,948 | 1,936 | 1,926 | 1,914 | 1,903 | 1,894 | 1,884 | 1,876 | 1,866 | 1,858 | 1,850 | 1,842 | 1,834 | 1,826 | 1,817 | 1,809 | 1,799 | 1,790 | 1,766 | 1,755 |
| Accumulated Depreciation | 1.5% | 153 | 151 | 148 | 146 | 144 | 141 | 139 | 137 | 134 | 131 | 128 | 125 | 122 | 120 | 117 | 114 | 126 | 122 | 119 | 116 | 112 |
| Shares Outstanding | 0.3% | 141 | 141 | - | 141 | 141 | 142 | - | 142 | 142 | 142 | - | 141 | 141 | 145 | 146 | 146 | 146 | 145 | 145 | 145 | 145 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -19.2% | 1,618 | 2,003 | 2,066 | 2,039 | 1,694 | 1,112 | 1,168 | 1,006 | 826 | 944 | 693 | 776 | 714 | 686 | 733 | 579 | 738 | 805 | 883 | 727 | 755 |
| Share Based Compensation | 2.0% | 41.00 | 40.00 | 38.00 | 38.00 | 34.00 | 33.00 | 33.00 | 31.00 | 31.00 | 30.00 | 29.00 | 30.00 | 30.00 | 31.00 | 31.00 | 30.00 | 33.00 | 32.00 | 31.00 | 33.00 | 28.00 |
| Cashflow From Investing | 44.9% | -1,947 | -3,533 | -4,582 | -5,549 | -7,490 | -6,453 | -9,117 | -10,171 | -8,945 | -9,814 | -6,873 | -5,244 | -5,126 | -3,879 | -2,592 | -3,047 | -3,354 | -2,910 | -3,832 | -3,090 | -3,335 |
| Cashflow From Financing | 32.9% | 4,837 | 3,640 | 2,114 | 851 | 1,711 | 4,561 | 7,835 | 9,490 | 9,554 | 10,396 | 6,909 | 5,915 | 5,326 | 2,496 | 2,126 | 3,301 | 3,956 | 3,606 | 3,801 | 2,862 | 2,113 |
| Buy Backs | - | - | - | 100 | - | - | - | - | - | - | - | 146 | 146 | 146 | 146 | - | - | - | - | - | - | - |
EWBC Income Statement
2023-06-30CONSOLIDATED STATEMENT OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| INTEREST AND DIVIDEND INCOME | ||||
| Loans receivable, including fees | $ 771,264 | $ 439,416 | $ 1,499,650 | $ 816,526 |
| Debt securities | 68,970 | 46,176 | 134,901 | 88,843 |
| Resale agreements | 3,969 | 8,553 | 8,472 | 16,936 |
| Restricted equity securities | 936 | 822 | 1,975 | 1,431 |
| Interest-bearing cash and deposits with banks | 60,995 | 4,787 | 96,642 | 8,047 |
| Total interest and dividend income | 906,134 | 499,754 | 1,741,640 | 931,783 |
| INTEREST EXPENSE | ||||
| Deposits | 287,477 | 22,488 | 504,271 | 35,477 |
| Federal funds purchased and other short-term borrowings | 49,032 | 241 | 57,857 | 250 |
| Federal Home Loan Bank (“FHLB”) advances | 0 | 559 | 6,430 | 1,137 |
| Repurchase agreements | 211 | 2,418 | 1,263 | 4,434 |
| Long-term debt and finance lease liabilities | 2,668 | 1,096 | 5,212 | 1,920 |
| Total interest expense | 339,388 | 26,802 | 575,033 | 43,218 |
| Net interest income before provision for credit losses | 566,746 | 472,952 | 1,166,607 | 888,565 |
| Provision for credit losses | 26,000 | 13,500 | 46,000 | 21,500 |
| Net interest income after provision for credit losses | 540,746 | 459,452 | 1,120,607 | 867,065 |
| NONINTEREST INCOME | ||||
| Lending fees | 20,901 | 20,142 | 41,487 | 39,580 |
| Deposit account fees | 22,285 | 22,372 | 43,988 | 42,687 |
| Interest rate contracts and other derivative income | 7,373 | 9,801 | 9,937 | 20,934 |
| Foreign exchange income | 13,251 | 11,361 | 25,911 | 24,060 |
| Wealth management fees | 6,889 | 6,539 | 13,193 | 12,591 |
| Net (losses) gains on sales of loans | (7) | 917 | (29) | 3,839 |
| Net gains (losses) on AFS debt securities | 0 | 28 | (10,000) | 1,306 |
| Other investment income | 4,003 | 4,863 | 5,924 | 6,490 |
| Other income | 3,936 | 2,421 | 8,198 | 6,700 |
| Total noninterest income | 78,631 | 78,444 | 138,609 | 158,187 |
| NONINTEREST EXPENSE | ||||
| Compensation and employee benefits | 124,937 | 113,364 | 254,591 | 229,633 |
| Occupancy and equipment expense | 16,088 | 15,469 | 31,675 | 30,933 |
| Deposit insurance premiums and regulatory assessments | 8,262 | 4,927 | 16,172 | 9,644 |
| Deposit account expense | 10,559 | 5,671 | 20,168 | 10,364 |
| Data processing | 3,213 | 3,486 | 6,560 | 7,151 |
| Computer software expense | 7,479 | 6,572 | 14,839 | 13,866 |
| Other operating expense | 35,337 | 32,392 | 70,207 | 55,840 |
| Amortization of tax credit and other investments | 55,914 | 14,979 | 66,024 | 28,879 |
| Noninterest expense | 261,789 | 196,860 | 480,236 | 386,310 |
| INCOME BEFORE INCOME TAXES | 357,588 | 341,036 | 778,980 | 638,942 |
| INCOME TAX EXPENSE | 45,557 | 82,707 | 144,510 | 142,961 |
| NET INCOME | $ 312,031 | $ 258,329 | $ 634,470 | $ 495,981 |
| EARNINGS PER SHARE (“EPS”) | ||||
| BASIC (in dollars per share) | $ 2.21 | $ 1.83 | $ 4.49 | $ 3.50 |
| DILUTED (in dollars per share) | $ 2.20 | $ 1.81 | $ 4.47 | $ 3.47 |
| WEIGHTED-AVERAGE NUMBER OF SHARES OUTSTANDING | ||||
| BASIC (in shares) | 141,468 | 141,429 | 141,291 | 141,725 |
| DILUTED (in shares) | 141,876 | 142,372 | 141,910 | 142,838 |
EWBC Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $ 614,053 | $ 534,980 |
| Interest-bearing cash with banks | 5,763,834 | 2,946,804 |
| Cash and cash equivalents | 6,377,887 | 3,481,784 |
| Interest-bearing deposits with banks | 17,169 | 139,021 |
| Assets purchased under resale agreements (“resale agreements”) | 635,000 | 792,192 |
| Securities: | ||
| Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $6,820,569 and $6,879,225) | 5,987,258 | 6,034,993 |
| Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,440,484 and $2,455,171) | 2,975,933 | 3,001,868 |
| Loans held-for-sale | 2,830 | 25,644 |
| Loans held-for-investment (net of allowance for loan losses of $635,400 and $595,645) | 49,192,964 | 47,606,785 |
| Investments in qualified affordable housing partnerships, tax credit and other investments, net | 815,471 | 763,256 |
| Premises and equipment (net of accumulated depreciation of $153,079 and $148,126) | 88,966 | 89,191 |
| Goodwill | 465,697 | 465,697 |
| Operating lease right-of-use assets | 100,500 | 103,681 |
| Other assets | 1,873,006 | 1,608,038 |
| TOTAL | 68,532,681 | 64,112,150 |
| Deposits: | ||
| Noninterest-bearing | 16,741,099 | 21,051,090 |
| Interest-bearing | 38,917,687 | 34,916,759 |
| Total deposits | 55,658,786 | 55,967,849 |
| Short-term borrowings | 4,500,000 | 0 |
| Assets sold under repurchase agreements (“repurchase agreements”) | 0 | 300,000 |
| Long-term debt and finance lease liabilities | 152,951 | 152,400 |
| Operating lease liabilities | 110,383 | 111,931 |
| Accrued expenses and other liabilities | 1,648,864 | 1,595,358 |
| Total liabilities | 62,070,984 | 58,127,538 |
| COMMITMENTS AND CONTINGENCIES (Note 11) | ||
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.001 par value, 200,000,000 shares authorized; 169,310,864 and 168,459,045 shares issued | 169 | 168 |
| Additional paid-in capital | 1,959,615 | 1,936,389 |
| Retained earnings | 6,075,735 | 5,582,546 |
| Treasury stock, at cost 27,827,196 and 27,511,199 shares | (791,890) | (768,862) |
| Accumulated other comprehensive loss (“AOCI”), net of tax | (781,932) | (765,629) |
| Total stockholders’ equity | 6,461,697 | 5,984,612 |
| TOTAL | $ 68,532,681 | $ 64,112,150 |
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.