Company
East West Bancorp, Inc.
Headquarters: Pasadena, CA, United States
Employees: 3,100
CEO: Mr. Dominic Ng
Market Cap
$10.01 Billion
USD as of Jan. 1, 2024
East West Bancorp, Inc. Categories
United States Financials Banks—DiversifiedUnited States Financials United States Banks—Diversified
Company Description
East West Bancorp, holding company for East West Bank, offers a variety of personal and commercial banking services through three segments: Consumer and Business Banking, Commercial Banking, and Other. It provides deposit products, diverse loan services, wealth and treasury management, foreign exchange, and risk hedging services, catering to clients interacting between the United States and China.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| JPMorgan | $495.55 B |
| Bank of America | $267.48 B |
| ICBC | $226.49 B |
| Wells Fargo | $178.97 B |
| Agricultural Bank of China | $178.47 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.
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Stocks & Indices
East West Bancorp, Inc. has the following listings and related stock indices.
Stock: NASDAQ: EWBC wb_incandescent
Stock: FSX: EW2 wb_incandescent