EWBC Q1 2024 Earnings — East West Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

EWBCEast West Bancorp, Inc.

$15B

Q1 2024 Earnings

Financial Services Banks - Diversified

Income Statement

Revenue

$1.1B+23.0% YoY

Gross Profit

$606M55.6% margin

Operating Income

$372M34.2% margin

Net Income

$285M26.2% margin

EPS (Diluted)

$2.03

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$266M

Free Cash Flow

$266M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$70.9B

Total Liabilities

$63.9B

Stockholders' Equity

$7.0B

Cash & Equivalents

$4.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$886M	+23.0%
Gross Profit	$606M	$630M	-3.8%
Operating Income	$372M	$421M	-11.7%
Net Income	$285M	$322M	-11.6%