secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001069157-22-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp record 2021 net income $873M up 54% YoY; boosts dividend 21%
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- Full-year 2021 net income $873M ($6.10 diluted EPS), up 54% YoY; Q4 net income $217.8M ($1.52 EPS).
- Total revenue $1.8B (+13% YoY); ROA 1.5%, return on tangible equity 17.2%.
- Loans reached record $41.7B (+12% YoY excluding PPP); deposits grew to $53.4B (+19% YoY).
- Nonperforming assets declined 56% and criticized loans fell 32% YoY, reflecting improved asset quality.
- Board approved a 21% increase in the common stock dividend; per-share amount not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000012/0001069157-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000012/ewbc-20220127.htm
  HTML page:      https://secwatch.observer/filing/0001069157-22-000012

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