EAST WEST BANCORP INC EWBC
East West is a bank holding company incorporated in Delaware on August 26, 1998, and is registered under the Bank Holding Company Act of 1956, as amended ("BHC Act"). The Company commenced business on December 30, 1998 when, pursuant to a reorganization, it acquired all of the voting stock of East West Bank ("East West Bank" or the "Bank"), which became its principal asset. East West's principal business is to serve as a holding company for the Bank and other banking or banking-related subsidiaries that East West may establish or acquire. As of December 31, 2025, the Company had $80.4 billion in total assets, $56.1 billion in total net loans, $67.1 billion in total deposits, and $8.9 billion in total stockholders' equity.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.29B | $4.19B | $3.69B | $2.32B | $1.62B | $1.60B | $1.88B | $1.65B | $54.3M | $52.3M |
| Interest expense | $2.55B | $2.28B | $2.31B | $2.05B | $87.2M | $217.8M | $414.5M | $265.2M | $140.1M | $104.8M |
| Pre-tax income | $1.73B | $1.48B | $1.46B | $1.41B | $1.06B | $685.8M | $843.9M | $818.7M | $735.1M | $572.2M |
| Income tax | $400.3M | $316.3M | $298.6M | $283.6M | $183.4M | $118.0M | $169.9M | $115.0M | $229.5M | $140.5M |
| Net income | $1.32B | $1.17B | $1.16B | $1.13B | $873.0M | $567.8M | $674.0M | $703.7M | $505.6M | $431.7M |
| EPS, basic | 9.58 | 8.39 | 8.23 | 7.98 | 6.16 | 3.99 | 4.63 | 4.86 | 3.50 | 3.00 |
| EPS, diluted | 9.52 | 8.33 | 8.18 | 7.92 | 6.10 | 3.97 | 4.61 | 4.81 | 3.47 | 2.97 |
| Shares, diluted (wtd. avg.) | $139.1M | $140.0M | $141.9M | $142.5M | $143.1M | $143.0M | $146.2M | $146.2M | $145.9M | $145.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.19B | $5.25B | $4.61B | $3.48B | $3.91B | $4.02B | $3.26B | $3.00B | $2.17B | $1.88B |
| Property, plant and equipment | $82.3M | $82.2M | $86.4M | $89.2M | $97.3M | $103.3M | $118.4M | $119.2M | $121.2M | $159.9M |
| Goodwill | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.5M | $469.4M | $469.4M |
| Other intangibles | — | — | — | — | — | — | — | — | — | $28.0M |
| Total assets | $80.43B | $75.98B | $69.61B | $64.11B | $60.87B | $52.16B | $44.20B | $41.04B | $37.12B | $34.79B |
| Short-term debt | — | — | — | — | — | — | $28.7M | $57.6M | $0 | $60.0M |
| Long-term debt | — | — | — | — | — | — | — | $146.8M | $171.6M | $186.3M |
| Total liabilities | $71.54B | $68.25B | $62.66B | $58.13B | $55.03B | $46.89B | $39.18B | $36.62B | $33.28B | $31.36B |
| Retained earnings | $8.30B | $7.31B | $6.47B | $5.58B | $4.68B | $4.00B | $3.69B | $3.16B | $2.58B | $2.19B |
| Total equity | $8.90B | $7.72B | $6.95B | $5.98B | $5.84B | $5.27B | $5.02B | $4.42B | $3.84B | $3.43B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.50B | $1.41B | $1.42B | $2.07B | $1.17B | $692.6M | $733.1M | $883.2M | $703.3M | $650.2M |
| Depreciation and amortisation | $213.2M | $212.3M | $174.2M | $159.9M | $156.8M | $119.9M | $144.2M | $139.5M | $149.8M | $137.6M |
| Stock-based compensation | $76.2M | $45.5M | $39.9M | $37.6M | $32.6M | $29.2M | $30.8M | $30.9M | $24.7M | $22.1M |
| Capital expenditure | — | — | — | — | $6.0M | $2.7M | $9.9M | $13.8M | $13.8M | $12.2M |
| Investing cash flow | -$5.48B | -$6.30B | -$4.25B | -$4.58B | -$9.12B | -$6.87B | -$2.59B | -$3.83B | -$2.51B | -$1.80B |
| Financing cash flow | $2.90B | $5.53B | $3.96B | $2.11B | $7.84B | $6.91B | $2.13B | $3.80B | $2.07B | $1.68B |
| Buybacks | $115.6M | $143.1M | $82.2M | $100.0M | $0 | $146.0M | $0 | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0002077096-26-000050.
Others in SIC 6022
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|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| ALLY | Ally Financial Inc. | $13.30B | 18.5x | 3.8% |