Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information, Holders of Common Stock and Dividends
The Company’s common stock is traded on the Nasdaq Global Select Market under the symbol “EWBC”. As of January 31, 2026, the Company had 652 stockholders of record of the Company’s common stock. The actual number of stockholders is greater than this number of record holders and includes stockholders who are beneficial owners but whose shares are held in street name by banks, brokers and other nominees.
A discussion of dividend restrictions is set forth in Item 1. Business — Supervision and Regulation — Dividends and Other Transfers of Funds and Note 16 — Regulatory Requirements and Matters to the Consolidated Financial Statements in this Form 10-K. For information regarding dividends, see Item 7. MD&A — Balance Sheet Analysis — Capital in this Form 10-K.
Securities Authorized for Issuance under Equity Compensation Plans
For information regarding securities authorized for issuance under the Company’s equity compensation plans, see Note 13 — Stock Compensation Plans to the Consolidated Financial Statements and Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters in this Form 10-K.
Five-Year Stock Performance
The following graph and table compare the Company’s five-year cumulative total return on its common stock with the cumulative total return of the Standard & Poor’s (“S&P”) 500 Index and the Keefe, Bruyette & Woods Nasdaq Bank Index (“BKX Index”). The cumulative total shareholder return assumes the investment of $100 in the Company’s common stock and in each index on December 31, 2020 and the reinvestment of common stock dividends. The returns shown are based on historical results and are not intended to suggest future performance.
The S&P 500 Index is utilized as a benchmark against performance and is a commonly referenced U.S. equity benchmark consisting of leading companies from different economic sectors. The BKX Index is designed to track the performance of the leading banks and thrifts that are publicly-traded in the U.S., and comprises 24 banking stocks representing the large U.S. national money centers, regional banks and thrift institutions.
December 31,
Index 2020 2021 2022 2023 2024 2025
East West Bancorp, Inc. $100.00 $157.99 $135.17 $152.37 $211.44 $254.35
BKX Index
$100.00 $128.71 $105.40 $133.10 $166.40 $196.16
S&P 500 Index $100.00 $138.33 $108.73 $107.76 $147.85 $196.01
Repurchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table summarizes the Company’s common stock repurchase activity during the fourth quarter of 2025:
Calendar Month Total Number of Shares Purchased (1)
Average Price Paid per Share of Common Stock Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions) (2)(3)
October — $ — — $ 216
November 10,428 $ 99.83 10,428 $ 215
December — $ — — $ 215
Fourth quarter 10,428 $ 99.83 10,428
(1) Excludes the repurchase of common stock pursuant to various stock compensation plans and agreements.
(2) Excludes excise taxes and commissions. As part of the Inflation Reduction Act of 2022, a 1% excise tax was imposed on net share repurchases effective January 1, 2023.
(3) On January 22, 2025, the Company’s Board of Directors authorized the repurchase of up to $300 million of East West stock, which will remain valid until December 31, 2026.
Refer to Item 7. MD&A — Balance Sheet Analysis — Capital and Item 8. Financial Statements — Note 14 — Stockholders’ Equity and Earnings Per Share for information regarding repurchases under the Company’s common share repurchase program.
ITEM 6. [RESERVED]
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EAST WEST BANCORP, INC.