East West Bancorp
EWBC · NasdaqState Commercial Banks · Fiscal year ends Dec 31
Net income was $1.3B. It held more cash than debt (net cash $4.2B).
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Net interest incomeBanks | $1.5B | $2B | $2.3B | $2.3B | $2.6B |
| Interest expense | $87M | $275M | $1.4B | – | – |
| Pre-tax income | $1.1B | $1.4B | $1.5B | $1.5B | $1.7B |
| Income tax | $183M | $284M | $299M | $316M | $400M |
| Net income | $873M | $1.1B | $1.2B | $1.2B | $1.3B |
| Diluted EPS | 6.10 | 7.92 | 8.18 | 8.33 | 9.52 |
| Diluted shares | 143M | 142M | 142M | 140M | 139M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $3.9B | $3.5B | $4.6B | $5.3B | $4.2B |
| Net PP&E | $97M | $89M | $86M | $82M | $82M |
| Goodwill | $466M | $466M | $466M | $466M | $466M |
| Total assets | $60.9B | $64.1B | $69.6B | $76B | $80.4B |
| Long-term debt | $152M | $152M | $153M | $36M | $36M |
| DepositsBanks | $53.4B | $56B | $56.1B | $63.2B | $67.1B |
| Total liabilities | $55B | $58.1B | $62.7B | $68.3B | $71.5B |
| Shareholders' equity | $5.8B | $6B | $7B | $7.7B | $8.9B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $1.2B | $2.1B | $1.4B | $1.4B | $1.5B |
| Capital expenditure | $6M | – | – | – | – |
| Free cash flow | $1.2B | – | – | – | – |
| Depreciation & amortisation | $157M | $160M | $174M | $212M | $213M |
| Stock-based compensation | $33M | $38M | $40M | $46M | $76M |
| Share buybacks | $0 | $100M | $82M | $143M | $116M |
| Dividend per share | 1.32 | 1.60 | 1.92 | 2.20 | 2.40 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| EPS growth (YoY) | – | 29.8% | 3.3% | 1.8% | 14.3% |
| Return on equityBlank when equity is negative | 15.0% | 18.8% | 16.7% | 15.1% | 14.9% |
| Cash conversion (CFO ÷ net income) | 1.34x | 1.83x | 1.23x | 1.21x | 1.13x |
| Debt ÷ equity | 0.03x | 0.03x | 0.02x | 0.00x | 0.00x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −$3.8B | −$3.3B | −$4.5B | −$5.2B | −$4.2B |
Recent filings
More in State Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.