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East West Bancorp (FRA:EW2) Tax Rate % : 17.62% (As of Dec. 2024)


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What is East West Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. East West Bancorp's Tax Expense for the three months ended in Dec. 2024 was €60 Mil. East West Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was €340 Mil. Therefore, East West Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 17.62%.

East West Bancorp Tax Rate % Historical Data

The historical data trend for East West Bancorp's Tax Rate % 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.

* Premium members only.

East West Bancorp Tax Rate % Chart

East West Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.20 17.36 20.09 20.46 21.34

East West Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.98 23.42 20.92 23.16 17.62

East West Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

East West Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=302.043/1415.177
=21.34 %

East West Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=59.887/339.812
=17.62 %

* 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.

East West Bancorp Tax Rate % Related Terms

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East West Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » East West Bancorp Inc (FRA:EW2) » Definitions » Tax Rate %
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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 operates in U.S. and Asia. The Bank provides range of personal and commercial banking services to individuals and businesses. In addition to offering traditional deposit products that include personal and business checking and savings accounts, money market, and time deposits, the Bank also offers foreign exchange, treasury management and wealth management services. The Bank has three operating segments, (1) Consumer and Business Banking, (2) Commercial Banking and (3) Treasury and Other. The company generates the majority of its revenue from the Commercial banking segment.

East West Bancorp Headlines

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