East West Bancorp (FRA:EW2) Credit Losses Provision : €120 Mil (As of Mar. 2024)

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What is East West Bancorp Credit Losses Provision?

East West Bancorp's credit losses provision for the three months ended in Mar. 2024 was €23 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €120 Mil.

East West Bancorp's quarterly credit losses provision declined from Sep. 2023 (€39 Mil) to Dec. 2023 (€34 Mil) and declined from Dec. 2023 (€34 Mil) to Mar. 2024 (€23 Mil).

East West Bancorp's annual credit losses provision increased from Dec. 2021 (€-31 Mil) to Dec. 2022 (€69 Mil) and increased from Dec. 2022 (€69 Mil) to Dec. 2023 (€115 Mil).

East West Bancorp Credit Losses Provision Historical Data

The historical data trend for East West Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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East West Bancorp Credit Losses Provision Chart

East West Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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88.82

173.16

-30.98

69.38

114.63

East West Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															18.68	24.00	39.35	33.93	23.00

East West Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €120 Mil.

East West Bancorp (FRA:EW2) Business Description

Industry

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Traded in Other Exchanges

EWBC:USA EW2:Germany

Address

135 North Los Robles Avenue, 7th Floor, Pasadena, CA, USA, 91101

Website

https://www.eastwestbank.com

East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.

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