EastWest declares ₱1.8B cash dividend after strong 2025 performance

East West Banking Corporation (EastWest) has approved a cash dividend totaling ₱1.8 billion, or ₱0.82 per share. Shareholders on record as of May 11, 2026 will receive the payout on May 29, 2026.

The announcement was made during the bank’s Annual Stockholders’ Meeting on April 23, 2026, following a year of solid financial results. In 2025, EastWest reported a net income of ₱9.2 billion, up 21 percent, from the previous year.

The bank said its growth was supported by a stronger balance sheet, with total assets rising 10 percent. Loans focused more on higher-yield consumer segments, while low-cost CASA deposits grew 14 percent, making up 82 percent of total deposits.

EastWest also expanded its Priority Banking segment, with assets under management increasing 40 percent to over ₱100 billion, supported by 13 centers nationwide.

Net interest income climbed 21 percent to ₱40.6 billion. Return on equity reached 11.9 percent, while cost efficiency improved, with the cost-to-income ratio dropping to 49.7 percent.

The bank continued to invest in digital services and partnerships. It launched EW Pay with Google Pay integration, allowing tap-to-pay without an e-wallet, and partnered with companies such as Unioil, foodpanda, Puregold, and Autodeal to expand its services.

Looking ahead, EastWest plans to focus on safer lending, improve efficiency through technology, and continue investing in digital platforms and workforce development.

Website |  + posts

Related Stories

spot_img

Latest Stories