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East West Bancorp Inc
East West Bancorp, Inc. is a publicly-traded company listed on the Nasdaq stock exchange under the ticker symbol EWBC. It is a bank holding company that offers a range of financial services through its subsidiary, East West Bank.
Some of the key facts about East West Bancorp, Inc are:
1. Headquarters: East West Bancorp, Inc is headquartered in Pasadena, California.
2. Industry: East West Bancorp, Inc operates in the banking industry, specifically in the financial sector.
3. Founded: East West Bancorp, Inc was founded in 1998.
4. Services: East West Bancorp, Inc offers a range of financial services to individuals, businesses, and entrepreneurs. The services offered include personal and commercial banking, investment and insurance products, and foreign exchange services.
5. Assets: As of December 31, 2022, East West Bancorp, Inc had total assets of $42.63 billion.
6. Revenue: In 2022, East West Bancorp, Inc generated total revenue of $1.38 billion.
7. Net income: In 2022, East West Bancorp, Inc had a net income of $345.2 million.
8. Employees: As of December 31, 2022, East West Bancorp, Inc had 1,454 full-time equivalent employees.
9. Locations: East West Bancorp, Inc operates mainly in California, but it also has operations in other parts of the United States and in China.
10. Executive team: Dominic Ng is the current Chairman and CEO of East West Bancorp, Inc. Other key executives include Irene H. Chang, President and Chief Operating Officer, and Arthur L. Chin, Senior Executive Vice President and Chief Financial Officer.
11. Stock performance: East West Bancorp, Inc has a market capitalization of $4.97 billion as of March 10, 2023. Its stock has a 52-week-high of $64.56 and a 52-week-low of $45.44.
12. Dividend: East West Bancorp, Inc pays dividends to its shareholders. The current dividend yield is 2.40%.
Some of the risks associated with investing in East West Bancorp, Inc include:
1. Economic risk: The banking industry is heavily influenced by economic conditions, and adverse economic conditions can negatively impact East West Bancorp's financial performance.
2. Regulatory risks: East West Bancorp is subject to rigorous government regulations, and changes in these regulations can impact its operations and profitability.
3. Competition: East West Bancorp faces competition from other financial institutions and fintech companies.
4. Credit risk: East West Bancorp may experience credit risk if its borrowers default on loans.
5. Interest rate risk: East West Bancorp's financial performance may be impacted by changes in interest rates.
East West Bancorp, Inc is a publicly traded bank holding company that offers a range of financial services to individuals, businesses, and entrepreneurs. They have total assets of $42.63 billion, and their stock is listed on the NASDAQ exchange under the ticker symbol EWBC. The company has a market capitalization of $4.97 billion and pays dividends to its shareholders. There are risks associated with investing in East West Bancorp, such as economic risk, regulatory risk, competition, credit risk, and interest rate risk. It is important to conduct a thorough analysis before making any investment decisions.