earnings
confidence high
sentiment positive
materiality 0.70
East West Bancorp reports FY 2023 net income of $1.2B, EPS $8.18; raises dividend 15%
EAST WEST BANCORP INC
2023-FY EPS reported
$8.18
- FY 2023 net income $1.2B, diluted EPS $8.18; adjusted diluted EPS $8.56.
- Revenue $2.608B (+11% YoY); total assets $69.6B (+9% YoY).
- Return on avg common equity 17.91%; adjusted return on avg tangible common equity 20.25%.
- Book value per share $49.64 (+17% YoY); tangible book value $46.27 (+18%).
- Q4 2023 net income $239M, $1.69 diluted EPS; adjusted $2.02 per share; dividend increased 15%.