EWBC

MKT CAP:$17B

East West Bancorp, Inc.

Market Cap

$17B

Financial Services·Banks - Diversified·🇺🇸 United States·NASDAQ

Financials·Banks·🇺🇸·NASDAQ

Stock Price

$122.67+$7.61 (+6.61%)

Apr 24, 2026

Company Details

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. It operates through three segments: Consumer and Business Banki...

CEO

Dominic Ng

IPO Date

Feb 3, 1999

Website

www.eastwestbank.com

Key Metrics TTM

Revenue

$4.7B

+4.3% YoY

Net Income

$1.3B

EPS (Diluted)

$9.54

Free Cash Flow

$1.3B

Revenue / Share

$33.65

Gross Margin

59.9%

Operating Margin

36.7%

Net Margin

28.4%

FCF Margin

27.6%

P/S

3.6x

P/E

12.6x

Earnings Reports

Q1 2026

Apr 21, 2026

NEW

$1.2B+4.0%EPS $2.57

FY 2025

Feb 27, 2026

$4.7B+4.6%EPS $9.52

Q3 2025

Nov 7, 2025

$1.3B+9.3%EPS $2.65

Q2 2025

Aug 7, 2025

$1.1B+3.4%EPS $2.24

Q1 2025

May 9, 2025

$1.1B+2.3%EPS $2.08

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$507M	$483M	$298M
Q2 22	$573M	$532M	$341M
Q3 22	$697M	$594M	$384M
Q4 22	$818M	$637M	$388M
Q1 23	$886M	$630M	$421M
Q2 23	$974M	$609M	$358M
Q3 23	$1.0B	$594M	$354M
Q4 23	$1.1B	$606M	$327M
Q1 24	$1.1B	$606M	$372M
Q2 24	$1.1B	$589M	$364M
Q3 24	$1.1B	$603M	$389M
Q4 24	$1.1B	$593M	$356M
Q1 25	$1.1B	$634M	$391M
Q2 25	$1.1B	$658M	$402M
Q3 25	$1.3B	$767M	$465M
Q1 26	$1.2B	$739M	$457M

Valuation

Quarter	P/S	P/E
Q1 22	6.0x	12.9x
Q2 22	4.6x	10.1x
Q3 22	4.3x	9.7x
Q4 22	3.7x	8.4x
Q1 23	2.6x	6.4x
Q2 23	2.2x	6.0x
Q3 23	1.9x	5.7x
Q4 23	2.6x	8.8x
Q1 24	2.6x	9.6x
Q2 24	2.4x	9.3x
Q3 24	2.6x	10.3x
Q4 24	3.0x	11.4x
Q1 25	2.7x	10.6x
Q2 25	3.1x	11.7x
Q3 25	3.2x	11.6x
Q1 26	3.1x	10.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$423M	$423M
Q1 22	$286M	$286M
Q2 22	$643M	$643M
Q3 22	$687M	$687M
Q4 22	$450M	$449M
Q1 23	$223M	$223M
Q2 23	$257M	$257M
Q3 23	$382M	$382M
Q4 23	$562M	$562M
Q1 24	$266M	$266M
Q2 24	$259M	$259M
Q3 24	$386M	$386M
Q4 24	$500M	$500M
Q1 25	$278M	$278M
Q2 25	$279M	$279M
Q3 25	$232M	$232M

Capital Expenditures

Quarter	CapEx
Q4 21	$0
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+12.6%	-2.7%
Q2 22	+23.4%	+19.6%
Q3 22	+43.9%	+48.3%
Q4 22	+66.9%	+101.8%
Q1 23	+74.7%	+122.1%
Q2 23	+70.2%	+166.4%
Q3 23	+47.3%	+115.4%
Q4 23	+29.5%	+70.4%
Q1 24	+23.0%	+54.5%
Q2 24	+13.6%	+20.4%
Q3 24	+11.8%	+12.7%
Q4 24	+7.2%	+6.5%
Q1 25	+2.3%	+0.8%
Q2 25	+3.4%	+0.1%
Q3 25	+9.3%	+4.1%
Q1 26	+2.1%	-9.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$9M	1.7%
Q1 22	$8M	1.7%
Q2 22	$9M	1.5%
Q3 22	$12M	1.8%
Q4 22	$8M	1.0%
Q1 23	$11M	1.3%
Q2 23	$9M	1.0%
Q3 23	$9M	0.9%
Q4 23	$10M	0.9%
Q1 24	$13M	1.2%
Q2 24	$11M	1.0%
Q3 24	$11M	0.9%
Q4 24	$11M	1.0%
Q1 25	$13M	1.2%
Q2 25	$13M	1.2%
Q3 25	$36M	2.9%

OpEx Breakdown

Quarter	G&A
Q1 22	$121M
Q2 22	$118M
Q3 22	$132M
Q4 22	$114M
Q1 23	$138M
Q2 23	$133M
Q3 23	$132M
Q4 23	$209M
Q1 24	$161M
Q2 24	$144M
Q3 24	$145M
Q4 24	$146M
Q1 25	$157M
Q2 25	$145M
Q3 25	$302M
Q1 26	$191M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$2.6B	$6.3B	$8.9B
Q3 22	$2.8B	$5.9B	$8.7B
Q4 22	$3.6B	$6.0B	$9.7B
Q1 23	$5.9B	$6.3B	$12.2B
Q2 23	$6.4B	$6.0B	$12.4B
Q3 23	$4.6B	$6.0B	$10.6B
Q4 23	$4.6B	$6.2B	$10.8B
Q1 24	$4.2B	$8.4B	$12.6B
Q2 24	$4.4B	$8.9B	$13.3B
Q3 24	$5.0B	$10.1B	$15.1B
Q4 24	$5.3B	$180M	$5.5B
Q1 25	$3.5B	$500M	$4.0B
Q2 25	$4.5B	$342M	$4.9B
Q3 25	$4.8B	$508M	$5.3B
Q4 25	$656M	$0	$656M
Q1 26	$4.4B	$0	$4.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	143M	-0.1%	+0.3%
Q2 22	142M	-0.6%	-0.5%
Q3 22	142M	-0.3%	-0.8%
Q4 22	142M	+0.1%	-0.8%
Q1 23	142M	-0.2%	-0.9%
Q2 23	142M	-0.0%	-0.3%
Q3 23	142M	+0.2%	+0.1%
Q4 23	141M	-0.5%	-0.5%
Q1 24	140M	-0.8%	-1.2%
Q2 24	140M	-0.3%	-1.5%
Q3 24	140M	+0.1%	-1.5%
Q4 24	140M	-0.0%	-1.1%
Q1 25	139M	-0.4%	-0.7%
Q2 25	139M	-0.4%	-0.7%
Q3 25	139M	+0.2%	-0.6%
Q1 26	139M	-0.1%	-0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$163.6K	3K
Q2 22	$184.7K	3K
Q3 22	$224.9K	3K
Q4 22	$259.2K	3K
Q1 23	$280.8K	3K
Q2 23	$308.8K	3K
Q3 23	$325.5K	3K
Q4 23	$330.3K	3K
Q1 24	$340.0K	3K
Q2 24	$345.3K	3K
Q3 24	$358.2K	3K
Q4 24	$366.2K	3K
Q1 25	$359.6K	3K
Q2 25	$369.4K	3K
Q3 25	$404.8K	3K
Q1 26	$346.1K	3K

Revenue / Employee