East West Bancorp Declares First Quarter 2008 Dividend
January 25 2008 - 5:00PM
Business Wire
East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West
Bank, one of the nation�s premier community banks, today announced
that its board of directors declared a quarterly common stock cash
dividend of $0.10 per share for the first quarter of 2008. The
dividend will be payable on or about February 20, 2008 to
shareholders of record on February 6, 2008. About East West East
West Bancorp is a publicly owned company with $11.6 billion in
assets and is traded on the Nasdaq Global Select Market under the
symbol �EWBC.� The Company�s wholly owned subsidiary, East West
Bank, is the second largest independent commercial bank
headquartered in Southern California with 72 branch locations. East
West Bank serves the community with 70 branch locations across
Southern and Northern California and a branch location in Houston,
Texas. East West Bank has three international locations in Greater
China, including a full-service branch in Hong Kong and
representative offices in Beijing and Shanghai. For more
information on East West Bancorp, visit the Company�s website at
www.eastwestbank.com. Forward-Looking Statements This release may
contain forward-looking statements, which are included in
accordance with the �safe harbor� provisions of the Private
Securities Litigation Reform Act of 1995 and accordingly, the
cautionary statements contained in East West Bancorp�s Annual
Report on Form 10-K for the year ended Dec. 31, 2006 (See Item I --
Business, and Item 7 -- Management�s Discussion and Analysis of
Consolidated Financial Condition and Results of Operations), and
other filings with the Securities and Exchange Commission are
incorporated herein by reference. These factors include, but are
not limited to: the effect of interest rate and currency exchange
fluctuations; competition in the financial services market for both
deposits and loans; EWBC�s ability to efficiently incorporate
acquisitions into its operations; the ability of EWBC and its
subsidiaries to increase its customer base; the effect of
regulatory and legislative action, including California tax
legislation and an announcement by the state�s Franchise Tax Board
regarding the taxation of Registered Investment Companies; and
regional and general economic conditions. Actual results and
performance in future periods may be materially different from any
future results or performance suggested by the forward-looking
statements in this release. Such forward-looking statements speak
only as of the date of this release. East West expressly disclaims
any obligation to update or revise any forward-looking statements
found herein to reflect any changes in the Bank�s expectations of
results or any change in event.
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