Detail akcie East West Bancp online

Business Summary: East West Bancorp, Inc. is a bank holding company that offers a full range of banking services to individuals and businesses through its subsidiary bank, East West Bank (the Bank). Its segments include Consumer and Business Banking, Commercial Banking and Other. The Consumer and Business Banking segment provides financial products and services to consumer and commercial customers through its domestic branch network and digital banking platforms. This segment also offers consumer and commercial deposits, mortgage and home equity loans, and other products and services. The Commercial Banking segment generates commercial loans and deposits. Commercial loan products include construction finance, commercial business lending, working capital lines of credit, trade finance, letters of credit and others. Commercial deposit products and other financial services include treasury management, foreign exchange services and others. It operates in over 120 locations in the United States and Asia.
Financial Summary: BRIEF: For the six months ended 30 June 2024, East West Bancorp Inc interest income increased 18% to $2.06B. Net interest income after loan loss provision decreased 6% to $1.06B. Net income decreased 10% to $573.3M. Net interest income after loan loss provision reflects Other segment decrease of 78% to $12.2M, Commercial Banking segment decrease of 3% to $458.4M, Net Interest Margin, Total -% decrease of 12% to 3.31%, Net Interest Spread.