Dominic  Ng net worth and biography

Dominic Ng Biography and Net Worth

Dominic Ng is Chairman and Chief Executive Officer of East West Bank (NASDAQ: EWBC), the largest publicly listed independent bank headquartered in Southern California. Since joining the Bank in 1991, Dominic transformed East West from a small savings and loan association with $600 million in assets into a global full-service commercial bank today with assets over $67 billion. Its 3,000+ employees serve more than 550,000 customers worldwide. The Bank earned the #1 spot in the 2022 S&P Global Market Intelligence ranking of US public banks by financial performance. Bank Director also recognized East West Bank with the Best Board ranking in 2022. 

 
 

Dominic is Chair of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), the primary voice of business advising APEC heads of state and government on the region's economic growth. In addition, Dominic serves on the governing boards of Mattel, Inc. (NYSE: MAT), University of Southern California (USC), and the Academy Museum of Motion Pictures. He is a member of the Council on Foreign Relations. He is Chairman of the American Friends Foundation of M+ Museum in Hong Kong and former Chairman of the Committee of 100; his previous board service also includes the Federal Reserve Bank of San Francisco, Los Angeles Branch; PacifiCare Health Systems (formerly NYSE: PHS); Asia Society; Pacific Council on International Policy; and the United Way of Greater Los Angeles.

Among the extensive recognitions for his business achievements and philanthropic impact, Dominic was named one of Forbes’ 25 most notable Chinese Americans; one of Los Angeles Times’ 100 most influential people in Los Angeles; and Los Angeles Business Journal’s Business Person of the Year. American Banker recognized Dominic as Banker of the Year, for successfully executing his vision while maintaining credit discipline and building East West into one of the nation’s most profitable regional banks. Dominic is the recipient of the Alexis de Tocqueville Award, United Way Worldwide’s highest distinction. The University of Houston honored Dominic and his wife for their lifelong championship of student academic support with the dedication of the Dominic and Ellen Ng Academic Center for Excellence.

A frequent commentator on banking, finance, economics, foreign policy, and philanthropy, Dominic has addressed business, government, academic, and civic audiences including the Milken Institute, Federal Reserve Bank, and the United States Conference of Mayors. His thought pieces have been published in Forbes, the Los Angeles TimesNikkei Asia, and the South China Morning Post, among other media outlets.

Dominic is a pioneer in bridging the gap between American and Asian cultures and the arts. His persistent efforts to expand East-West cultural understanding inspired collaboration between East West Bank and mainstream institutions such as the Los Angeles County Museum of Art; Museum of Contemporary Art, Los Angeles; The Huntington Library; the Bowers Museum; and The Broad.

A native of Hong Kong, Dominic has been a resident of Los Angeles, California for over 30 years. He is a Certified Public Accountant and holds a bachelor’s degree from the University of Houston and an honorary Doctor of Law degree from Occidental College. Prior to taking the helm of East West Bank in 1991, Dominic held several senior leadership positions at Deloitte & Touche in Houston and Los Angeles.

What is Dominic Ng's net worth?

The estimated net worth of Dominic Ng is at least $85.32 million as of May 4th, 2023. Mr. Ng owns 889,609 shares of East West Bancorp stock worth more than $85,322,399 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Ng may own. Additionally, Mr. Ng receives a salary of $3,610,000.00 as CEO at East West Bancorp. Learn More about Dominic Ng's net worth.

How old is Dominic Ng?

Mr. Ng is currently 65 years old. There are 8 older executives and no younger executives at East West Bancorp. Learn More on Dominic Ng's age.

What is Dominic Ng's salary?

As the CEO of East West Bancorp, Inc., Mr. Ng earns $3,610,000.00 per year. Learn More on Dominic Ng's salary.

How do I contact Dominic Ng?

The corporate mailing address for Mr. Ng and other East West Bancorp executives is 135 N. LOS ROBLES AVE. 7TH FLOOR, PASADENA CA, 91101. East West Bancorp can also be reached via phone at (626) 768-6000 and via email at [email protected]. Learn More on Dominic Ng's contact information.

Has Dominic Ng been buying or selling shares of East West Bancorp?

Dominic Ng has not been actively trading shares of East West Bancorp in the last ninety days. Most recently, on Thursday, May 4th, Dominic Ng bought 11,900 shares of East West Bancorp stock. The stock was acquired at an average cost of $42.09 per share, with a total value of $500,871.00. Following the completion of the transaction, the chief executive officer now directly owns 889,609 shares of the company's stock, valued at $37,443,642.81. Learn More on Dominic Ng's trading history.

Who are East West Bancorp's active insiders?

East West Bancorp's insider roster includes Manuel Alvarez (Director), Molly Campbell (Director), Iris Chan (Director), Rudolph Estrada (Director), Lisa Kim (EVP, General Counsel and Secretary), Douglas Krause (Vice Chairman), Jack Liu (Director), Dominic Ng (CEO), Irene Oh (CFO), and Gary Teo (EVP). Learn More on East West Bancorp's active insiders.

Are insiders buying or selling shares of East West Bancorp?

During the last year, insiders at the financial services provider sold shares 12 times. They sold a total of 58,940 shares worth more than $5,205,023.68. The most recent insider tranaction occured on November, 12th when Vice Chairman Douglas Paul Krause sold 12,000 shares worth more than $1,279,320.00. Insiders at East West Bancorp own 1.0% of the company. Learn More about insider trades at East West Bancorp.

Information on this page was last updated on 11/12/2024.

Dominic Ng Insider Trading History at East West Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/4/2023Buy11,900$42.09$500,871.00889,609View SEC Filing Icon  
8/29/2019Buy25,840$38.71$1,000,266.40538,250View SEC Filing Icon  
6/22/2018Sell5,770$69.61$401,649.70409,142View SEC Filing Icon  
6/20/2018Sell5,770$70.11$404,534.70413,012View SEC Filing Icon  
6/18/2018Sell5,770$69.77$402,572.90420,752View SEC Filing Icon  
6/15/2018Sell5,770$69.67$401,995.90428,022View SEC Filing Icon  
6/13/2018Sell5,771$70.49$406,797.79430,422View SEC Filing Icon  
6/11/2018Sell5,771$71.78$414,242.38436,993View SEC Filing Icon  
6/8/2018Sell5,771$72.65$419,263.15441,764View SEC Filing Icon  
6/6/2018Sell5,771$72.57$418,801.47450,506View SEC Filing Icon  
6/4/2018Sell5,771$71.27$411,299.17453,306View SEC Filing Icon  
6/1/2018Sell5,771$71.10$410,318.10View SEC Filing Icon  
5/29/2018Sell5,771$69.27$399,757.17471,919View SEC Filing Icon  
5/25/2018Sell5,771$70.49$406,797.79476,390View SEC Filing Icon  
5/23/2018Sell5,771$71.42$412,164.82482,161View SEC Filing Icon  
5/21/2018Sell5,771$71.30$411,472.30487,932View SEC Filing Icon  
5/18/2018Sell5,771$70.71$408,067.41493,703View SEC Filing Icon  
5/16/2018Sell5,771$70.89$409,106.19499,730View SEC Filing Icon  
5/14/2018Sell5,771$70.33$405,874.43505,245View SEC Filing Icon  
5/11/2018Sell5,771$69.61$401,719.31511,016View SEC Filing Icon  
5/9/2018Sell5,771$69.05$398,487.55519,458View SEC Filing Icon  
5/7/2018Sell5,771$67.70$390,696.70522,558View SEC Filing Icon  
5/4/2018Sell5,771$67.31$388,446.01533,008View SEC Filing Icon  
5/2/2018Sell5,771$67.14$387,464.94534,100View SEC Filing Icon  
4/30/2018Sell5,771$67.23$387,984.33539,871View SEC Filing Icon  
4/24/2017Sell26,000$56.09$1,458,340.00509,857View SEC Filing Icon  
4/19/2017Sell26,200$51.10$1,338,820.00517,557View SEC Filing Icon  
4/10/2017Sell26,200$51.31$1,344,322.00544,164View SEC Filing Icon  
4/3/2017Sell26,200$51.15$1,340,130.00569,957View SEC Filing Icon  
3/28/2017Sell26,200$51.00$1,336,200.00596,157View SEC Filing Icon  
3/20/2017Sell26,200$54.08$1,416,896.00622,357View SEC Filing Icon  
11/10/2014Sell30,000$37.35$1,120,500.00View SEC Filing Icon  
11/7/2014Sell41,699$37.25$1,553,287.75View SEC Filing Icon  
11/3/2014Sell15,783$37.12$585,864.96View SEC Filing Icon  
10/29/2014Sell79,300$35.52$2,816,736.00View SEC Filing Icon  
10/24/2014Sell8,182$35.00$286,370.00View SEC Filing Icon  
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Dominic Ng Buying and Selling Activity at East West Bancorp

This chart shows Dominic Ng's buying and selling at East West Bancorp by year and by quarter.

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East West Bancorp Company Overview

East West Bancorp logo
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. It accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. The company's loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction finance, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, loan syndication, and equipment financing, as well as financing services for clients to facilitate their business transactions between the United States and Asia. It also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. The company was founded in 1973 and is headquartered in Pasadena, California.
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Today's Range

Now: $95.91
Low: $94.01
High: $96.92

50 Day Range

MA: $101.23
Low: $89.08
High: $111.23

2 Week Range

Now: $95.91
Low: $67.27
High: $113.95

Volume

3,726,507 shs

Average Volume

935,538 shs

Market Capitalization

$13.30 billion

P/E Ratio

12.11

Dividend Yield

2.20%

Beta

1.28