East West Bancorp Reports Record Net Income for 2021 of $873 Million and Diluted Earnings Per Share of $6.10, Both Up by 54% From the Prior Year; Increases Dividend by 21%

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Go back to East West Bancorp Reports Record Net Income for 2021 of $873 Million and Diluted Earnings Per Share of $6.10, Both Up by 54% From the Prior Year; Increases Dividend by 21%

East-West Bancorp (EWBC) Misses Q4 EPS by 5c

January 27, 2022 8:02 AM EST

East-West Bancorp (NASDAQ: EWBC) reported Q4 EPS of $1.52, $0.05 worse than the analyst estimate of $1.57.

East West achieved record earnings in 2021. Our record total revenue of $1.8 billion grew by 13% year-over-year and our record net income of $873 million grew by 54%, stated Dominic Ng, Chairman and Chief Executive Officer of East West. We delivered an attractive return on assets of 1.5% and a return on tangible equity1 of 17.2% in 2021. Our... More