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East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, has provided the following unaudited financial update. “In light of recent industry events and market volatility, we reiterate that East West Bank’s business model is diversified, our balance sheet is managed conservatively, and our liquidity is strong. Our industry-leading profitability and our high-quality earnings have resulted in very strong capital levels, which form a firm...

Pacific West Bancorp (PWBK) Announces Fourth Quarter and Full-Year 2022 Earnings PR Newswire PORTLAND, Ore., Jan. 27, 2023 PORTLAND, Ore. , Jan. 27, 2023 /PRNewswire/ -- Pacific West Bancorp (PWBK) the holding company of Pacific West Bank "Bank," today announced fourth quarter net income of $561 thousand or $0.21 per diluted share and full-year net income of $1.8 million or $0.69 per diluted share. Fourth Quarter 2022 Results: Record operating net income of $561 thousand or $0.21 per diluted...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2022. Full year 2022 net income was a record $1.1 billion, or $7.92 per diluted share, which grew 30% year-over-year. Fourth quarter 2022 net income was $336.8 million, or $2.37 per diluted share, which grew 56% year-over-year. Total loans reached a record $48.2 billion as of December 31, 2022, up 16%...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release fourth quarter and full year 2022 financial results before the market opens on Thursday, January 26, 2023. Conference Call Information Management will discuss fourth quarter and full year 2022 financial results with the public on Thursday, January 26, 2023, at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time...

Pacific West Bank (PWBO) Announces the Formation of a Holding Company, Pacific West Bancorp (PWBK) PR Newswire PORTLAND, Ore., Jan. 5, 2023 PORTLAND, Ore. , Jan. 5, 2023 /PRNewswire/ -- Pacific West Bank ("Bank") (OTCPK: PWBO) today announced the formation of a holding company, Pacific West Bancorp, Inc. (OTCPK: PWBK), effective January 1 st , 2023. Pacific West Bank is now a wholly owned subsidiary of Pacific West Bancorp, a newly formed Oregon Corporation. The Bank holding company formation...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2022. Third quarter 2022 net income was $295.3 million, or $2.08 per diluted share; diluted earnings per share grew 58% linked quarter annualized and 32% year-over-year. “This was another quarter of outstanding results. Net interest income increased to a record $552 million, up 66% linked quarter annualized, and our net...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release third quarter 2022 financial results before the market opens on Thursday, October 20, 2022. Conference Call Information Management will discuss third quarter 2022 financial results with the public on Thursday, October 20, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the second quarter of 2022. Second quarter 2022 net income was $258.3 million, or $1.81 per diluted share; diluted earnings per share grew 38% linked quarter annualized and 15% year-over-year. “East West’s outstanding results for the second quarter demonstrate the strengths of our business model. Total revenue for the second quarter was...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release second quarter 2022 financial results before the market opens on Thursday, July 21, 2022. Conference Call Information Management will discuss second quarter 2022 financial results with the public on Thursday, July 21, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the first quarter of 2022. For the first quarter of 2022, net income was $237.7 million, or $1.66 per diluted share, up 37% linked quarter annualized and up 16% year-over-year. “East West had an excellent start to the year. Financial results for the first quarter of 2022 were very strong, with an acceleration of loan and revenue growth, and a...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release first quarter 2022 financial results before the market opens on Thursday, April 21, 2022. Conference Call Information Management will discuss first quarter 2022 financial results with the public on Thursday, April 21, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the full year and fourth quarter of 2021. For the full year 2021, net income was $873.0 million, or $6.10 per diluted share. For the fourth quarter of 2021, net income was $217.8 million, or $1.52 per diluted share. “East West achieved record earnings in 2021. Our record total revenue of $1.8 billion grew by 13% year-over-year and our record...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release fourth quarter and full year 2021 financial results before the market opens on Thursday, January 27, 2022. Conference Call Information Management will discuss fourth quarter and full year 2021 financial results with the public on Thursday, January 27, 2022 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time...

East West Bancorp, parent company of East West Bank, received the Best Board ranking in Bank Director’s 2022 “RankingBanking” study. Earlier this year, East West Bancorp also was recognized as the No. 1 Performing Bank in Bank Director’s 2021 Bank Performance Scorecard, in the $50 billion and above asset category. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211220005862/en/ East West Bancorp's Board of Directors (l-r): Paul...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the third quarter of 2021. Third quarter 2021 net income was $225.4 million, or $1.57 per diluted share; return on average assets was 1.46%, and return on average equity was 15.75%. “This was another quarter of outstanding results. Our total loans reached a record $40.5 billion as of September 30, 2021. Loans grew by 11% annualized from June...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release third quarter 2021 financial results before the market opens on Thursday, October 21, 2021. Conference Call Information Management will discuss third quarter 2021 financial results with the public on Thursday, October 21, 2021 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the second quarter of 2021. Net income for the second quarter of 2021 was $224.7 million, or $1.57 per diluted share. Second quarter 2021 return on average assets was 1.56% and return on average equity was 16.6%. “East West had a very strong quarter of robust growth, expanding profitability and improving asset quality,” stated Dominic Ng,...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release second quarter 2021 financial results before the market opens on Thursday, July 22, 2021. Conference Call Information Management will discuss second quarter 2021 financial results with the public on Thursday, July 22, 2021 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, today reported its financial results for the first quarter of 2021. Net income for the first quarter of 2021 was $205.0 million, or $1.44 per diluted share. First quarter 2021 return on average assets was 1.50% and return on average equity was 15.6%. “East West had a strong start to 2021. In the first quarter, our loans and deposits grew at a robust pace, our revenue and...

East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, will release first quarter 2021 financial results before the market opens on Thursday, April 22, 2021. Conference Call Information Management will discuss first quarter 2021 financial results with the public on Thursday, April 22, 2021 at 8:30 A.M. Pacific Time/ 11:30 A.M. Eastern Time via conference call. The public...