NASDAQ$EWBC
East West Bancorp Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
East West Bancorp reported net income of $239 million and diluted earnings per share of $1.69 for Q4 2023.
East West Bancorp reported a net income of $239 million, or $1.69 per diluted share, for the fourth quarter of 2023. Excluding the FDIC charge and a $3 million gain on the sale of an AFS debt security, adjusted earnings per diluted share were $2.02 for the fourth quarter. The company's total assets reached $69.6 billion as of December 31, 2023, reflecting loan growth.
- Total assets were $69.6 billion as of December 31, 2023, an increase of $1.3 billion from September 30, 2023.
- Total loans reached a record $52.2 billion as of December 31, 2023, an increase of $1.3 billion, or 3%, from September 30, 2023.
- Total deposits were $56.1 billion as of December 31, 2023, an increase of $1.0 billion, or 2%, from September 30, 2023.
- The Board of Directors has declared first quarter 2024 dividends for the Company’s common stock with a 15% increase.
Headline financials
Revenue & EPS history
East West Bancorp · Revenue · Quarterly
$575M
Forward guidance
East West Bancorp did not provide specific forward guidance in this earnings report.
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 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro