East West Banking Corporation (EW) posted in 2024 a record-high net income of P7.6 billion, up 25 percent year-on-year, driven by solid consumer loan growth, steady deposit inflows, and industry-leading margins.
It has declared a P1.5 billion cash dividend, equivalent to P0.68 per share for all shareholders on record as of May 12, 2025. The dividend will be paid on May 31, 2025.
The declaration was announced during the Bank’s Annual Stockholders’ Meeting held virtually on April 24, 2025.
“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.”
Return on equity climbed to 10.8 percent, while total assets breached the half-trillion mark at P523.7 billion. Consumer loans rose by 16 percent, deposits increased by 8 percent, and the bank maintained a CASA ratio of 81 percent, well above industry benchmarks.
For 2025, EastWest is focused on scaling its reach through hyperlocal expansion, deepening client relationships across its business ecosystem, and embedding financial services into digital platforms.
These priorities reflect the bank’s intent to advance its position among the country’s top consumer banks.
“2024 was not only our best year financially—it also marked a period of transformation as we deepened our capabilities, embraced innovation, and laid the groundwork for sustained growth,” Ngo said. “With our customers at the center, we look forward to going even further in 2025.”
The dividend declaration and robust financial results mark the culmination of EastWest’s 30th anniversary and align with the Filinvest Group’s 70th year—a shared journey of scale, ambition, and service across industries and communities nationwide.
EastWest is a Filipino-owned universal bank committed to empowering its clients through world-class financial solutions. EastWest is a subsidiary of Filinvest Development Corporation (FDC), one of the country’s leading conglomerates with a diverse range of interests including real estate, banking, hospitality & tourism, infrastructure power generation, and sugar.
