EAST WEST BANCORP INC
Business
East West Bancorp Inc is a bank holding company that operates East West Bank, a California state-chartered commercial bank serving individuals and businesses in the U.S. and Asia. The bank provides consumer and commercial banking services including deposits, loans, trade finance, treasury management, and wealth management through branches in California, Texas, New York, Washington, Georgia, Massachusetts, Nevada, China, Hong Kong, and Singapore. East West Bank holds a commercial banking license in China and serves the Asian American community with cross-border financial expertise.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Loans receivable, including fees | 3,495 | 3,491 | 3,173 | 2,048 | 1,425 | |
| Debt securities | 622 | 449 | 276 | 199 | 144 | |
| Resale agreements | 6 | 11 | 20 | 30 | — | |
| Restricted equity securities | 11 | 10 | 4 | 3 | 2 | |
| Interest-bearing cash and deposits with banks | 159 | 232 | 221 | 41 | 16 | |
| Total interest and dividend income | 4,293 | 4,193 | 3,694 | 2,321 | 1,619 | |
| Deposits | 1,595 | 1,720 | 1,206 | 252 | 69 | |
| Federal funds purchased and other short-term borrowings | 22,000 | 42 | 157 | 2 | 42,000 | |
| FHLB advances | 141 | 147 | 6 | 2 | 7 | |
| Securities sold under repurchase agreements (repurchase agreements) | 2 | 197,000 | 1 | 14 | 8 | |
| Long-term debt and finance lease liabilities | 3 | 5 | 11 | 6 | 3 | |
| Total interest expense | 1,741 | 1,914 | 1,382 | 275 | — | |
| Net interest income before provision for credit losses | 2,553 | 2,279 | 2,312 | 2,046 | 1,532 | |
| Provision for credit losses | 160 | 174 | 125 | 74 | −35 | |
| Net interest income after provision for credit losses | 2,393 | 2,105 | 2,187 | 1,972 | 1,567 | |
| Commercial and consumer deposit-related fees | 112 | 104 | 94 | — | — | |
| Lending and loan servicing fees | 108 | 98 | 84 | — | — | |
| Foreign exchange income | 59 | 55 | 48 | 41 | — | |
| Wealth management fees | 50 | 39 | 27 | 28 | — | |
| Customer derivative income, net of mark-to-market adjustments | 17 | 16 | 20 | — | — | |
| Net gains (losses) on AFS debt securities | 963,000 | 2 | −7 | 1 | 2 | |
| Other investment income | 11 | 6 | 9 | 7 | 17 | |
| Other income | 22 | 16 | 17 | 11 | 12 | |
| Total noninterest income | 379 | 335 | 293 | 299 | 286 | |
| Compensation and employee benefits | 619 | 551 | 509 | 478 | 434 | |
| Occupancy and equipment expense | 66 | 64 | 65 | 63 | 63 | |
| Deposit account expense | 35 | 47 | 43 | 26 | 16 | |
| Computer and software related expenses | 55 | 47 | 44 | 43 | 47 | |
| Deposit insurance premiums and regulatory assessments | 32 | 46 | 103 | 19 | 18 | |
| Other operating expense | 165 | 148 | 136 | 118 | 96 | |
| Amortization of tax credit and CRA investments | 75 | 54 | 120 | 113 | — | |
| Total noninterest expense | 1,046 | 958 | 1,021 | 859 | 796 | |
| INCOME BEFORE INCOME TAXES | 1,725 | 1,482 | 1,460 | 1,412 | 1,056 | |
| Income tax expense | 400 | 316 | 299 | 284 | 183 | |
| NET INCOME | 1,325 | 1,166 | 1,161 | 1,128 | 873 | |
| BASIC (in dollars per share) | 9.58 | 8.39 | 8.23 | 7.98 | 6.16 | |
| DILUTED (in dollars per share) | 9.52 | 8.33 | 8.18 | 7.92 | 6.1 | |
| BASIC (in shares) | 138 | 139 | 141 | 141 | 142 | |
| DILUTED (in shares) | 139 | 140 | 142 | 142 | 143 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 656 | 361 | 445 | 535 | 527 | |
| Interest-bearing cash with banks | 3,532 | 4,890 | 4,170 | 2,947 | 3,386 | |
| Cash and cash equivalents | 4,188 | 5,251 | 4,615 | 3,482 | 3,913 | |
| Interest-bearing deposits with banks | 16 | 48 | 10 | 139 | 736 | |
| Securities purchased under resale agreements (resale agreements) | 425 | 425 | 785 | — | — | |
| Available-for-sale (AFS), at fair value (amortized cost of $13,619,781 and $11,505,775) | 13,212 | 10,847 | 6,188 | 6,035 | 9,965 | |
| Held-to-maturity (HTM), at amortized cost (fair value of $2,479,746 and $2,387,754) | 2,870 | 2,917 | 2,956 | — | — | |
| Loans held-for-sale | 21 | 0 | 116,000 | 26 | 635,000 | |
| Loans held-for-investment (net of allowance for loan and lease losses (ALLL) of $809,773 and $702,052) | 56,068 | 53,025 | 51,542 | — | — | |
| Affordable housing partnership, tax credit and CRA investments, net | 969 | 927 | — | — | — | |
| Premises and equipment (net of accumulated depreciation of $175,297 and $166,154) | 82 | 82 | 86 | 89 | 97 | |
| Operating lease right-of-use assets | 125 | 82 | 94 | 104 | 99 | |
| Goodwill | 466 | 466 | 466 | 466 | 466 | |
| Other assets | 1,991 | 1,907 | 1,965 | 1,608 | 1,460 | |
| TOTAL | 80,435 | 75,976 | 69,613 | 64,112 | 60,871 | |
| Noninterest-bearing | 16,697 | 15,450 | 15,540 | 21,051 | 22,845 | |
| Interest-bearing | 50,386 | 47,725 | 40,553 | 34,917 | 30,505 | |
| Total deposits | 67,083 | 63,175 | 56,092 | 55,968 | 53,351 | |
| Federal Home Loan Bank (FHLB) advances | 3,000 | 3,500 | 0 | 0 | 249 | |
| Long-term debt and finance lease liabilities | 36 | 36 | 153 | 152 | 152 | |
| Operating lease liabilities | 138 | 89 | 102 | 112 | 106 | |
| Accrued expenses and other liabilities | 1,279 | 1,453 | 1,814 | 1,595 | 876 | |
| Total liabilities | 71,536 | 68,253 | 62,662 | 58,128 | 55,033 | |
| COMMITMENTS AND CONTINGENCIES (Note 12) | — | — | — | — | — | |
| Common stock, $0.001 par value, 200,000,000 shares authorized; 170,487,574 and 169,925,379 shares issued | 170,000 | 170,000 | 169,000 | 168,000 | 168,000 | |
| Additional paid-in capital | 2,111 | 2,031 | 1,981 | 1,936 | 1,894 | |
| Retained earnings | 8,302 | 7,312 | 6,465 | 5,583 | 4,684 | |
| Treasury stock, at cost 32,908,712 and 31,488,080 shares | −1,168 | −1,034 | −875 | −769 | −650 | |
| Accumulated other comprehensive loss (AOCI), net of tax | −346 | −585 | −621 | −766 | −90 | |
| Total stockholders equity | 8,899 | 7,723 | 6,951 | 5,985 | 5,837 | |
| TOTAL | 80,435 | 75,976 | 69,613 | 64,112 | 60,871 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation, amortization and accretion, net | 213 | 212 | 174 | 160 | 157 | |
| Stock compensation costs | 76 | 46 | 40 | 38 | 33 | |
| Deferred income tax benefit | −8 | −14 | −49 | −44 | 5 | |
| Net losses (gains) on other real estate owned (OREO) write-downs and sales | 10 | 7 | −3 | — | — | |
| Originations and purchases | −4 | −3 | −116,000 | −447,000 | −11 | |
| Proceeds from sales and paydowns/payoffs of loans originally classified as held-for-sale | 4 | 3 | 0 | 461,000 | 13 | |
| Net change in accrued interest receivable and other assets | −97 | 64 | −146 | 188 | 124 | |
| Net change in accrued expenses and other liabilities | −168 | −242 | 105 | 461 | −63 | |
| Other operating activities, net | −9 | 2 | 12 | 2 | 558,000 | |
| Total adjustments | 177 | 246 | 264 | 938 | 295 | |
| Net cash provided by operating activities | 1,502 | 1,412 | 1,425 | 2,066 | 1,168 | |
| Affordable housing partnership, tax credit and CRA investments | −352 | −378 | −229 | −167 | — | |
| Interest-bearing deposits with banks | 33 | −38 | 129 | 597 | 73 | |
| Proceeds from paydowns and maturities | 0 | 360 | 220 | 1,951 | 983 | |
| Purchases | 0 | 0 | −213 | −390 | −1,876 | |
| Proceeds from sales | 952 | 1,429 | 3 | 129 | 309 | |
| Proceeds from repayments, maturities and redemptions | 3,851 | 1,547 | 1,471 | 897 | 1,766 | |
| Purchases | −6,939 | −7,599 | −1,550 | −1,071 | −6,780 | |
| Proceeds from sales of loans originally classified as held-for-investment | 310 | 715 | 712 | 603 | 606 | |
| Purchases | −963 | −1,001 | −601 | −658 | −1,045 | |
| Other changes in loans held-for-investment, net | −2,487 | −1,342 | −4,167 | −6,516 | −2,877 | |
| Proceeds from sales of OREO and other foreclosed assets | 36 | 33 | 4 | 6 | — | |
| Proceeds from repayments and redemptions of HTM debt securities | 63 | 54 | 62 | 76 | 0 | |
| Redemption (purchases) of FHLB stock, net | 14 | −84 | 0 | — | — | |
| Other investing activities, net | 5 | 9 | −88 | −8 | −5 | |
| Net cash used in investing activities | −5,477 | −6,295 | −4,247 | −4,583 | −9,117 | |
| Net change in deposits | 3,864 | 7,108 | 144 | 2,709 | 8,464 | |
| Net change in short-term borrowings | 2,000 | −4,500 | 4,500 | 6,000 | −21 | |
| Proceeds | 2,500 | 4,000 | 6,000 | 4,950 | 400,000 | |
| Repayments | −3,000 | −500 | −6,000 | −5,200 | −405 | |
| Repayment | 0 | 0 | −300 | — | — | |
| Extinguishment cost | 0 | 0 | −4 | 0 | 0 | |
| Repayment of lease liabilities and junior subordinated debt | −836,000 | −117 | −871,000 | −943,000 | −1 | |
| Proceeds from issuance pursuant to various stock compensation plans and agreements | 3 | 3 | 3 | 3 | 3 | |
| Stock tendered for payment of withholding taxes | −19 | −15 | −24 | −19 | −16 | |
| Repurchase of common stock pursuant to the stock repurchase program | −116 | −143 | −82 | −100 | 0 | |
| Cash dividends paid | −334 | −308 | −275 | −228 | −189 | |
| Net cash provided by financing activities | 2,897 | 5,528 | 3,962 | 2,114 | 7,835 | |
| Effect of exchange rate changes on cash and cash equivalents | 15 | −8 | −7 | −28 | 9 | |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | −1,063 | 636 | 1,133 | −431 | −105 | |
| Interest | 1,742 | 2,058 | 1,213 | 250 | 88 | |
| Income taxes, net | 278 | 247 | 292 | 281 | 139 | |
| Loans transferred from held-for-investment to held-for-sale | 331 | 659 | 739 | 624 | 600 | |
| Loans transferred to OREO or other foreclosed assets | 34 | 67 | 11 | 270,000 | 49 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EAST WEST BANCORP INC's CIK number?
EAST WEST BANCORP INC's SEC CIK number is 0001069157 (1069157). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EAST WEST BANCORP INC's SEC filings?
All of EAST WEST BANCORP INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EAST WEST BANCORP INC last report earnings?
EAST WEST BANCORP INC (EWBC) most recently filed an earnings 8-K with the SEC on Apr 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001069157-26-000016). This is EAST WEST BANCORP INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is EAST WEST BANCORP INC's most recent earnings 8-K?
EAST WEST BANCORP INC's latest earnings 8-K (Item 2.02) was filed Apr 21, 2026 under accession 0001069157-26-000016. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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