East West Bancorp reports record 2024 net income of $1.2 billion and $8.33 diluted EPS
East West Bancorp reported full-year 2024 net income of $1,166 million, or $8.33 per diluted share, up from $8.18 in 2023. Fourth-quarter net income was $293 million, or $2.10 per diluted share, down from $299 million and $2.14 in the third quarter. The board raised the quarterly dividend 9% to $0.60 per share and authorized up to $300 million of additional share repurchases.
Key points
- Full-year 2024 net income was $1,166 million, and diluted EPS was $8.33, versus $8.18 in 2023.
- Fourth-quarter 2024 net income was $293 million, or $2.10 per diluted share, versus $299 million and $2.14 in the third quarter.
- The first-quarter 2025 dividend is $0.60 per share, up from $0.55, payable February 17, 2025 to holders of record on February 3, 2025.
- On January 22, 2025, the board authorized up to $300 million of additional repurchases, bringing total available authorization to $329 million.
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, 2025.
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.