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East West Bancorp
East West Bancorp

-15.66%

Financial services / Banking and Financial Services

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Company Overview

General information about the East West Bancorp company
East West Bancorp is a publicly-traded financial holding company that operates through its subsidiary, East West Bank. East West Bank is a full-service commercial bank with locations in the United States and Greater China. The company was formed in 1998 through the merger of two Asian-American banks, and is headquartered in Pasadena, California.
East West Bancorp primarily focuses on commercial banking, catering to large and middle-market companies and individuals. Services offered by East West Bank include traditional banking products such as commercial and consumer lending, deposit products, foreign exchange services, and trade finance.
The company has over 130 locations in the United States and Greater China, including branches in the major metropolitan areas of Los Angeles, New York, Boston, San Francisco, and Houston. It also has a presence in China, Hong Kong, and Taiwan through its subsidiaries and representative offices.
East West Bancorp is listed on the NASDAQ stock exchange under the ticker symbol EWBC. It has consistently been recognized as one of the top performing banks in the United States, and has received numerous awards for its financial performance and community involvement.
As of 2021, East West Bancorp has total assets of over $63 billion and employs approximately 3,500 people. Its mission is to be the premier financial bridge between East and West, providing innovative banking solutions and exceptional service to its customers.
What is special about the East West Bancorp company?
1. Focus on the Asian-American market: East West Bancorp is a leading financial services company with a strong focus on the Asian-American community. The company is headquartered in California, which has a large Asian-American population, and has expanded its services to other areas with significant Asian-American communities, such as New York and Texas.
2. Diversified range of services: East West Bancorp offers a wide range of financial services, including commercial and consumer banking, wealth management, and international banking. This diverse service offering allows the company to cater to the diverse needs of its clients.
3. Strong financial performance: The company has a solid track record of financial performance, with consistently increasing revenues and profits. This has made it a trusted and reliable institution for customers, investors, and stakeholders.
4. International presence: East West Bancorp has a presence in the US, China, Hong Kong, and Taiwan. This international presence not only provides a global perspective but also allows the company to tap into the growing Asian market and expand its customer base.
5. Commitment to diversity and inclusion: As a company serving the Asian-American community, East West Bancorp has a strong commitment to diversity and inclusion. It has been recognized as one of the "Best Banks for Diversity" by American Banker and ranked highly on the Human Rights Campaign's Corporate Equality Index.
6. Strong corporate governance: The company has a strong corporate governance framework with a focus on transparency, accountability, and ethical practices. This has helped to build trust with customers and investors.
7. Community involvement: East West Bancorp is actively involved in supporting the communities it serves through various philanthropic initiatives, including financial literacy programs, scholarships, and donations to community organizations.
8. Innovative technology and digital offerings: The company continuously invests in technology to enhance its services and improve the customer experience. It offers a range of digital banking solutions, including online and mobile banking, to cater to the needs of its tech-savvy customers.
9. Strong customer relationships: East West Bancorp has a strong focus on building and maintaining customer relationships. With a personalized approach, the company aims to understand and meet the unique needs of each customer, resulting in long-lasting relationships.
10. Recognized as a top employer: The company has been consistently recognized as a top employer by various organizations, including Forbes, Fortune, and Glassdoor. It is known for its inclusive and diverse workplace culture and employee development programs.

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