EAST WEST BANCORP INC
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Changes in Stockholders’ Equity (Unaudited)
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY
($ in thousands, except shares and per share data)
| Common Stock and Additional Paid-in Capital · Retained Earnings · Treasury Stock · AOCI, Net of Tax · Total Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| BALANCE, JANUARY 1, 2024 | 140,027,367 | $1,980,987 | $6,465,230 | $(874,787) | $(620,596) | $6,950,834 |
| Cumulative-effect of a change in accounting principle (1) | — | — | (9,482) | — | — | (9,482) |
| Net income | — | — | 285,075 | — | — | 285,075 |
| Other comprehensive loss | — | — | — | — | (42,137) | (42,137) |
| Issuance of common stock pursuant to various stock compensation plans and agreements | 463,239 | 12,989 | — | — | — | 12,989 |
| Repurchase of common stock pursuant to various stock compensation plans and agreements | (187,593) | — | — | (13,702) | — | (13,702) |
| Repurchase of common stock pursuant to the stock repurchase program | (1,181,851) | — | — | (82,441) | — | (82,441) |
| Cash dividends on common stock ($0.55 per share) | — | — | (77,904) | — | — | (77,904) |
| BALANCE, MARCH 31, 2024 | 139,121,162 | $1,993,976 | $6,662,919 | $(970,930) | $(662,733) | $7,023,232 |
| BALANCE, JANUARY 1, 2025 | 138,437,299 | $2,030,882 | $7,311,542 | $(1,034,110) | $(585,260) | $7,723,054 |
| Net income | — | — | 290,270 | — | — | 290,270 |
| Other comprehensive income | — | — | — | — | 90,245 | 90,245 |
| Issuance of common stock pursuant to various stock compensation plans and agreements | 476,708 | 13,186 | — | — | — | 13,186 |
| Repurchase of common stock pursuant to various stock compensation plans and agreements | (193,569) | — | — | (17,747) | — | (17,747) |
| Repurchase of common stock pursuant to the stock repurchase program | (918,349) | — | — | (85,442) | — | (85,442) |
| Cash dividends on common stock ($0.60 per share) | — | — | (84,101) | — | — | (84,101) |
| BALANCE, MARCH 31, 2025 | 137,802,089 | $2,044,068 | $7,517,711 | $(1,137,299) | $(495,015) | $7,929,465 |
(1)Represents the impact of the adoption of ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Methodon January 1, 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.