
East West Bancorp Deposits Surge 13% to $63.2B Amid Margin Squeeze
East West Bancorp, Inc.Description
What this story covers
East West Bancorp's 2024 10-K reveals resilient net income of $1.2B despite NIM contraction to 3.27%, driven by 14% noninterest income growth and 6% expense cuts. Assets hit $76B with 13% deposit rise; strong capital at 13.3% CET1 supports shareholder returns via $2.20 dividends and $144M buybacks. Cross-border U.S.-Asia focus boosts fees, while diversified loans and robust risk management navigate economic pressures.
Story snapshot
CompanyEast West Bancorp, Inc.
TickerEWBC
VariantStandard detailed
Duration13:43
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0001069157-25-000025
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