NASDAQ$EWBC

East West Bancorp Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

East West Bancorp reported record earnings for 2021, with net income of $217.8 million, or $1.52 per diluted share for Q4 2021.

East West Bancorp reported a record net income of $217.8 million for Q4 2021, or $1.52 per diluted share. Total loans reached a record $41.7 billion as of December 31, 2021, and total deposits grew to $53.4 billion.

  • Net income was $217.8 million, or $1.52 per diluted share.
  • Total loans reached a record $41.7 billion as of December 31, 2021.
  • Total deposits grew to $53.4 billion as of December 31, 2021.
  • The company announced a 21% increase in the common stock dividend.

Headline financials

Total Revenue

$406M

Previous: $347M+17.1%
EPS (adj)

$1.52

Previous: $1.13+34.5%
Net interest margin

2.7%

No prior period
Efficiency ratio

44.0%

Previous: 42.9%+2.6%
Capital Expenditures

$6.02M

Previous: $396K+1419.4%
Free Cash Flow

$417M

Previous: $262M+58.8%
Net Income

$218M

Previous: $164M+32.7%
Operating Income

$277M

Previous: $213M+29.8%
Cash & Equivalents

$3.91B

Previous: $4.02B-2.6%
Total Assets

$60.9B

Previous: $52.2B+16.7%
Stock-Based Comp

$8.52M

Previous: $7.04M+21.1%

Revenue & EPS history

East West Bancorp · Revenue · Quarterly

$406M

Q4 2021+17.1%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

East West Bancorp expects to deliver another year of outstanding profitability for shareholders, supported by solid loan and deposit growth, healthy capital levels, and the asset sensitive nature of the balance sheet in a rising interest rate environment.

Tailwinds

  • Solid loan growth
  • Solid deposit growth
  • Healthy capital levels
  • Asset sensitive balance sheet
  • Rising interest rate environment

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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