---
schema_version: "secwatch.filing_event.v1"
accession: "0001069157-24-000041"
form_type: "8-K"
ticker: "EWBC"
cik: "0001069157"
company_name: "EAST WEST BANCORP INC"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:17:10.817505+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# East West Bancorp Q1 2024 net income $285M, EPS $2.03; deposits record $58.6B

## Summary
- Net income $285M, diluted EPS $2.03; adjusted EPS $2.08 (excl. $10M FDIC charge) up 3% QoQ.
- Total deposits reached record $58.6B, up $2.5B from Q4 2023.
- Revenue $644M, pre-tax pre-provision income $397M, ROATCE 17.6%.
- Book value per share $50.48 (+13% YoY); repurchased 1.2M shares during quarter.
- Return on average common equity 16.4%; tangible book value per share $47.09.

## SEC filing metadata
- accession: 0001069157-24-000041
- form_type: 8-K
- ticker: EWBC
- cik: 0001069157
- company_name: EAST WEST BANCORP INC
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069157/000106915724000041/0001069157-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069157/000106915724000041/ewbc-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069157-24-000041
- JSON: https://secwatch.observer/filing/0001069157-24-000041.json
- Plain text: https://secwatch.observer/filing/0001069157-24-000041.txt

## Key facts
- Earnings Releases
  EAST WEST BANCORP INC reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: On April 23, 2024, East West Bancorp, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069157/000106915724000041/0001069157-24-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.