EAST WEST BANCORP INC Earnings Per Share Disclosure
| Year Ended December 31, | ||||||||||||||||||||
| ($ and shares in thousands, except per share data) | 2025 | 2024 | 2023 | |||||||||||||||||
| Basic: | ||||||||||||||||||||
| Net income | $ | 1,325,188 | $ | 1,165,586 | $ | 1,161,161 | ||||||||||||||
Basic weighted-average number of shares outstanding | 138,342 | (1) | 138,898 | 141,164 | ||||||||||||||||
| Basic EPS | $ | 9.58 | $ | 8.39 | $ | 8.23 | ||||||||||||||
| Diluted: | ||||||||||||||||||||
| Net income | $ | 1,325,188 | $ | 1,165,586 | $ | 1,161,161 | ||||||||||||||
Less: Fair value changes of liability-classified equity contracts, net of tax (2) | (996) | — | — | |||||||||||||||||
Net income, diluted | $ | 1,324,192 | $ | 1,165,586 | $ | 1,161,161 | ||||||||||||||
Basic weighted-average number of shares outstanding | 138,342 | (1) | 138,898 | 141,164 | ||||||||||||||||
| Add: Dilutive impact of unvested RSUs and liability-classified equity contracts that are share-settled | 788 | 1,060 | 738 | |||||||||||||||||
| Diluted weighted-average number of shares outstanding | 139,130 | 139,958 | 141,902 | |||||||||||||||||
| Diluted EPS | $ | 9.52 | $ | 8.33 | $ | 8.18 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2019 | Feb 27, 2020 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.