secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001069157-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp reports FY 2023 net income of $1.2B, EPS $8.18; raises dividend 15%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915724000003/0001069157-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915724000003/ewbc-20240123.htm
  HTML page:      https://secwatch.observer/filing/0001069157-24-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer