East West Bancorp: 2023 net income $1.2 billion, EPS $8.18; quarterly dividend up 15%
East West Bancorp reported full-year 2023 net income of $1.2 billion, or $8.18 per diluted share, both up 3% from 2022, while revenue rose 11% to $2.6 billion. Excluding a $70 million pre-tax FDIC special assessment charge and other items, adjusted diluted EPS was $8.56. The board declared a 15% increase in the quarterly common dividend to $0.55 per share, which matters to shareholders as a direct cash return.
Key points
- Full-year 2023 net income was $1.2 billion, or $8.18 per diluted share, up 3% year-over-year; adjusted diluted EPS was $8.56.
- Full-year 2023 revenue was $2.6 billion, up $263 million, or 11%.
- Fourth-quarter 2023 net income was $239 million, or $1.69 per diluted share.
- Quarterly dividend rises to $0.55 per share from $0.48, payable February 15, 2024, to holders of record on February 2, 2024.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.