Sunrise Realty Trust, Inc. Expands Revolving Credit Facility to $90 Million with Addition of City National Bank as Joint Lead ArrangerWEST PALM BEACH, Fla., May 20, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) to $90 million in total commitments. The expansion follows a new $40 million commitment from City National Bank of Florida (“CNB”), which joins the facility as Joint Lead Arranger. East West Bank, the Administrative Agent, initially provided a $50 million commitment when the facility was established in November 2024. The Credit Facility remains expandable to $200 million, subject to customary conditions and additional lender participation.
East West Bancorp Announces Dates for Second Quarter and Third Quarter 2025 Earnings Calls, Spring Conference Participation
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates:
East West Bancorp Reports Net Income for First Quarter of 2025 of $290 Million and Diluted Earnings Per Share of $2.08; Record Quarterly Revenue, Fee Income, and Loans
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2025. First quarter 2025 net income was $290 million, or $2.08 per diluted share. Returns on average assets were 1.56%, returns on average common equity were 15.0%, and returns on average tangible common equity1 were 15.9%. Book value per share grew 3% quarter-over-quarter and 14% year-over-year.
East West Bancorp Reports Record Net Income for Full Year 2024 of $1.2 Billion and Diluted Earnings Per Share of $8.33; Increases Dividend and Repurchase Authorization
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2024. Full year 2024 net income was $1.2 billion, or $8.33 per diluted share. Fourth quarter 2024 net income was $293 million, or $2.10 per diluted share. Full-year returns on average assets were 1.60%, returns on average common equity were 15.9%, and book value per share grew 12% year-over-year.
