East-West Bancorp (EWBC) Tops Q4 EPS by 13c

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East West Bancorp Reports Net Income for 2019 of $674 Million and Diluted Earnings Per Share of $4.61; Record Revenue of $1.7 Billion

January 23, 2020 8:00 AM EST

PASADENA, Calif.--(BUSINESS WIRE)-- 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, today reported its financial results for the full year and fourth quarter of 2019. For the full year 2019, net income was $674.0 million or $4.61 per diluted share. For the fourth quarter of 2019, net income was $188.2 million or $1.29 per diluted share.

2019 ended a transformational decade for East West, during which we more than doubled our asset size to $44.2 billion and grew both our commercial loans and... More