East West Bancorp

Last updated
East West Bancorp
Company type Public
Nasdaq:  EWBC
S&P 400 Component
FoundedAugust 26, 1998;26 years ago (1998-08-26)
Subsidiaries East West Bank
Website www.eastwestbank.com OOjs UI icon edit-ltr-progressive.svg

East West Bancorp is the parent company of East West Bank. It is a publicly owned company with over $70 billion in assets as of 2024. [1] [2] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. [3] East West earned the top spot in S&P Global Market Intelligence's 2022 Ranking of U.S. Public Banks by Financial Performance. [4]

Contents

Operations

As of 2024, East West Bank has more than 100 locations in the United States and Asia. [5] [6]

History

The East West Federal Bank (now East West Bank) was founded in 1973. [7]

Leadership

Dominic Ng is chairman and CEO of East West Bank. [8] [9]

References

  1. ↑ Min, Sarah (2024-05-31). "How East West Bancorp has gained an edge by serving the Asian American community". CNBC. Retrieved 2025-02-13.
  2. ↑ Reosti, John (January 24, 2024). "East West Bancorp reports post-crisis gain in account holders". American Banker. Retrieved March 22, 2024.
  3. ↑ "'Everybody Else Left or They Died:' California Bank Grows Simply by Surviving". Bloomberg.com. 2023-08-23. Retrieved 2023-08-24– via www.bloomberg.com.
  4. ↑ Clark, Robert (March 14, 2023). "East West Bancorp leads US public banks in 2022 financial performance ranking". American Banker.
  5. ↑ Min, Sarah (2024-05-31). "How East West Bancorp has gained an edge by serving the Asian American community". CNBC. Retrieved 2025-02-13.
  6. ↑ "'Everybody Else Left or They Died:' California Bank Grows Simply by Surviving". Bloomberg.com. 2023-08-23. Retrieved 2024-03-29.
  7. ↑ Flannery, Russell. "Asia Niche Will Help East West Bank Weather U.S. Economic Downturn, CEO Dominic Ng Says". Forbes. Retrieved 2025-02-13.
  8. ↑ "East West Bank Looks Back on 25 Years". Los Angeles Business Journal. 2024-11-11. Retrieved 2025-02-13.
  9. ↑ "Dominic Ng: Philanthropist banker, inclusion practitioner". Los Angeles Times. 2024-06-16. Retrieved 2025-02-13.
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