EWBC Q2 2024 Earnings — East West Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

EWBCEast West Bancorp, Inc.

$15B

Q2 2024 Earnings

Financial Services Banks - Diversified

Income Statement

Revenue

$1.1B+13.6% YoY

Gross Profit

$589M53.2% margin

Operating Income

$364M32.9% margin

Net Income

$288M26.0% margin

EPS (Diluted)

$2.06

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$259M

Free Cash Flow

$259M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$72.5B

Total Liabilities

$65.3B

Stockholders' Equity

$7.2B

Cash & Equivalents

$4.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$974M	+13.6%
Gross Profit	$589M	$609M	-3.3%
Operating Income	$364M	$358M	+1.9%
Net Income	$288M	$312M	-7.6%