NASDAQ$EWBC
East West Bancorp Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported a net income of $288 million and diluted earnings per share of $2.02, driven by record third quarter revenue and net interest income.
East West Bancorp reported a net income of $288 million, or $2.02 per diluted share, for Q3 2023. The company achieved record quarterly revenue and net interest income. Total loans reached a record $50.9 billion as of September 30, 2023. The board of directors has approved a restart of the share repurchase program in the fourth quarter.
- Net income for the third quarter of 2023 was $288 million, or $2.02 per diluted share.
- Total loans reached a record $50.9 billion as of September 30, 2023.
- Return on average assets was 1.66%, return on average common equity was 17.28%.
- The board of directors has approved a restart of the share repurchase program in the fourth quarter.
Headline financials
Revenue & EPS history
East West Bancorp · Revenue · Quarterly
$648M
Forward guidance
East West Bank is on track for another year of record earnings for 2023, and the company looks forward to entering 2024 with strength.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+1.0%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+3.0%
Avg return
30 days after
53%
35 / 66 earnings
Positive
+12.6%
Q1 2020
Best reaction
-7.8%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.1% | +2.3% | +0.8% | |
| Q4 2025 | -3.4% | +3.4% | +1.8% | |
| Q3 2025 | +3.6% | +4.0% | +5.7% | |
| Q2 2025 | -2.0% | -1.8% | +5.9% | |
| Q1 2025 | +6.6% | +8.9% | +14.0% | |
| Q4 2024 | -0.6% | -0.2% | -9.3% | |
| Q3 2024 | +7.4% | +6.8% | +19.9% | |
| Q2 2024 | +3.0% | +7.4% | -1.3% | |
| Q1 2024 | +3.7% | +2.0% | -1.1% | |
| Q4 2023 | +3.9% | +1.9% | -1.1% | |
| Q3 2023 | +0.0% | +1.8% | +21.2% | |
| Q2 2023 | -4.5% | -5.1% | -11.1% | |
| Q1 2023 | -1.6% | -8.0% | -12.9% | |
| Q4 2022 | +10.2% | +14.0% | +11.5% | |
| Q3 2022 | -6.0% | -3.6% | -5.3% | |
| Q2 2022 | -1.8% | -2.5% | +7.3% | |
| Q1 2022 | -3.6% | -11.6% | -14.5% | |
| Q4 2021 | +0.5% | +3.9% | +5.9% | |
| Q3 2021 | -1.3% | -3.3% | -5.4% | |
| Q2 2021 | +4.0% | +1.3% | +1.6% | |
| Q1 2021 | +2.8% | +4.5% | +3.4% | |
| Q4 2020 | +1.7% | +7.4% | +22.5% | |
| Q3 2020 | +0.1% | -5.8% | +13.2% | |
| Q2 2020 | +0.7% | -1.8% | +1.9% | |
| Q1 2020 | +12.6% | +25.3% | +24.8% | |
| Q4 2019 | +3.8% | +1.7% | -2.8% | |
| Q3 2019 | -5.3% | -1.0% | +3.0% | |
| Q2 2019 | +4.6% | +5.8% | -11.0% | |
| Q1 2019 | -3.5% | -1.6% | -9.2% | |
| Q4 2018 | +4.2% | +3.6% | +10.1% | |
| Q3 2018 | -3.5% | -5.7% | -5.0% | |
| Q2 2018 | -0.9% | -1.3% | -3.4% | |
| Q1 2018 | +6.7% | +8.5% | +14.8% | |
| Q4 2017 | +0.1% | -2.9% | -3.1% | |
| Q3 2017 | +6.8% | +5.8% | +0.8% | |
| Q2 2017 | -0.5% | +2.7% | -4.9% | |
| Q1 2017 | +6.7% | +11.7% | +8.6% | |
| Q4 2016 | +7.2% | +3.0% | +6.6% | |
| Q3 2016 | +3.3% | +4.2% | +21.2% | |
| Q2 2016 | -4.1% | -3.7% | -4.4% | |
| Q1 2016 | +5.1% | — | — | |
| Q4 2015 | -5.8% | — | — | |
| Q3 2015 | -1.4% | — | — | |
| Q2 2015 | -1.9% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +6.0% | — | — | |
| Q3 2014 | +5.7% | — | — | |
| Q2 2014 | -3.3% | — | — | |
| Q1 2014 | +3.3% | — | — | |
| Q4 2013 | +2.5% | — | — | |
| Q3 2013 | +1.5% | — | — | |
| Q2 2013 | +6.4% | — | — | |
| Q1 2013 | -7.8% | — | — | |
| Q4 2009 | +0.0% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | -5.3% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q3 2010 | -3.6% | — | — | |
| Q3 2011 | -3.6% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q2 2011 | -2.1% | — | — | |
| Q1 2010 | +2.2% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q2 2010 | +2.2% | — | — |
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