East West Banking Corp. has declared ₱1.5 billion in cash dividends, equivalent to ₱0.68 per share, following its strongest financial performance to date. The announcement, made at the bank’s annual stockholders’ meeting on Thursday, highlights EastWest’s commitment to delivering shareholder value amid robust corporate growth.
Shareholders on record as of 12 May 2025, will receive dividends on 31 May, reflecting EastWest’s disciplined capital management and improved earnings trajectory. The move follows a landmark year in 2024, during which the bank reported a record net income of ₱7.6 billion, a 25 percent year-on-year increase.
EastWest CEO Jerry G. Ngo attributed the performance to “solid consumer loan growth, steady deposit inflows, and industry-leading margins,” positioning the bank at the forefront of the local financial sector. “This dividend declaration is the result of the solid financial foundation we have built over the years,” Ngo said. “We’re proud to share the success of EastWest with our stockholders as we mark our 30th year.”
Key performance indicators in 2024 underscored the bank’s momentum: return on equity rose to 10.8 percent, assets surpassed the ₱500 billion threshold at ₱523.7 billion, and consumer loans grew 16 percent. Deposit levels increased 8 percent, with a CASA (current account and savings account) ratio of 81 percent, notably higher than industry averages.
The dividend not only rewards investors but also signals confidence in EastWest’s forward strategy, which centers on hyperlocal expansion, client-centric innovation, and digital integration. These initiatives are part of a broader transformation effort that aligns with the Filinvest Group’s 70th anniversary—another milestone in the group’s history of growth across sectors.
“2024 was not only our best year financially—it also marked a period of transformation,” said Ngo. “With our customers at the center, we look forward to going even further in 2025.”
As EastWest enters its fourth decade, the dividend underscores its maturing profile as a commercial bank focused on scale, stability, and sustainable returns.
