The dividend, equivalent to P0.68 per share, will be paid on May 31 to shareholders of record as of May 12.
The bank’s profit growth was powered by a 16 percent jump in consumer loans, an 8 percent rise in deposits, and strong margins that pushed total assets past P523.7 billion.
“This dividend declaration is the result of the solid financial foundation we have built over the years. We’re proud to share the success of EastWest with our stockholders as we mark our 30th year,” said EastWest CEO Jerry G. Ngo.
“Our disciplined strategy and operational execution enabled us to deliver this milestone year," he added.
Future plans
Return on equity rose to 10.8 percent, while the bank’s CASA ratio hit 81 percent—well above industry norms.
EastWest plans to expand its footprint in 2025 by strengthening digital platforms, embedding services into customer ecosystems, and pursuing a hyperlocal branch strategy.
