secwatch.observer — SEC 8-K summary
======================================

Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001069157-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp reports record FY2024 net income of $1.2B, EPS $8.33, raises dividend 9%
--------------------------------------------------------------------------------

- Full year 2024 net income $1.166B, diluted EPS $8.33 (record levels); revenue (FTE) $2.619B.
- Q4 2024 net income $293M, diluted EPS $2.10.
- Book value per share $55.79 (+12% YoY); tangible book value $52.39 (+13%).
- Board authorized $300M additional share repurchase and 9% dividend increase.
- Deposits grew $7B+ in 2024; fee income up 12% to record.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915725000005/0001069157-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915725000005/ewbc-20250123.htm
  HTML page:      https://secwatch.observer/filing/0001069157-25-000005

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