East West Bancorp, Inc. (EWBC) Income Statement

28Y historyFree accessUpdated daily

Net interest income rose to $718.9M in 2026Q3 while the net interest margin stayed near 0.8 percent and provisions rebounded to $45.0M, suggesting scale-driven earnings are now partly offset by higher credit costs.

Annual statement

EWBC Income Statement

East West Bancorp, Inc. (EWBC) annual income statement — 28-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98

Net Interest Income	2.73B	2.55B	2.28B	2.31B	2.05B	1.53B	1.38B	1.47B	1.39B	1.19B	1.03B	950.44M	1.04B	956.19M	918.93M	903.03M	894.71M	483.35M	349.99M	407.99M	367.48M	280.12M	199.17M	143.31M	118.31M	99.35M	89.49M	71.9M	55.7M
NII Growth %	40.83%	12.02%	-1.45%	13.02%	33.58%	11.21%	-6.17%	5.86%	17%	14.76%	8.65%	-8.69%	8.86%	4.06%	1.76%	0.93%	85.11%	38.1%	-14.22%	11.02%	31.19%	40.64%	38.98%	21.13%	19.08%	11.02%	24.46%	29.08%	-
Net Interest Margin %	3.18%	3.17%	3%	3.32%	3.19%	2.52%	2.64%	3.32%	3.38%	3.19%	2.97%	2.94%	3.62%	3.87%	4.08%	4.11%	4.32%	2.35%	2.82%	3.44%	3.4%	3.38%	3.3%	3.53%	3.56%	3.52%	3.6%	3.34%	2.71%
Interest Income	4.33B	4.29B	4.19B	3.69B	2.32B	1.62B	1.6B	1.88B	1.65B	1.33B	1.14B	1.05B	1.15B	1.07B	1.05B	1.08B	1.1B	720.48M	659.68M	773.61M	660.05M	411.4M	252.07M	178.54M	167.29M	182.7M	186.08M	148.03M	126.7M
Interest Expense	1.6B	1.74B	1.91B	1.38B	275.35M	87.16M	217.85M	414.49M	265.19M	140.05M	104.84M	103.38M	112.82M	112.49M	132.17M	177.42M	201.12M	237.13M	309.69M	365.61M	292.57M	131.28M	52.9M	35.23M	48.98M	83.35M	96.59M	76.13M	71M
Loan Loss Provision	144M	160M	174M	125M	73.5M	-35M	210.65M	98.69M	64.25M	46.27M	27.48M	14.22M	49.16M	22.36M	65.18M	95.01M	200.16M	528.67M	226M	12M	6.17M	15.87M	16.75M	8.8M	10.2M	6.22M	4.4M	5.4M	5.4M
Non-Interest Income	388.92M	344.01M	287.83M	252.12M	273.16M	269.74M	222.02M	208.07M	174.72M	166.62M	168.71M	169.44M	-20.17M	-99M	-20.61M	-16.43M	-9.23M	29.95M	53.28M	51.27M	34.36M	29.65M	31.83M	32.77M	24.51M	21.59M	14.97M	14.69M	10M
Non-Interest Income %	12.46%	11.88%	11.21%	9.83%	11.78%	14.97%	13.88%	12.42%	11.19%	12.33%	14.04%	15.13%	-1.98%	-11.55%	-2.29%	-1.85%	-1.04%	5.84%	13.21%	11.16%	8.55%	9.57%	13.78%	18.61%	17.16%	17.85%	14.33%	16.97%	15.22%
Total Net Revenue	3.12B	2.9B	2.57B	2.56B	2.32B	1.8B	1.6B	1.68B	1.56B	1.35B	1.2B	1.12B	1.02B	857.19M	898.32M	886.6M	885.48M	513.3M	403.27M	459.26M	401.84M	309.76M	231M	176.08M	142.82M	120.94M	104.45M	86.59M	65.7M
Revenue Growth %	11.09%	12.86%	0.08%	10.58%	28.74%	12.64%	-4.58%	7.34%	15.5%	12.51%	7.27%	9.72%	19.08%	-4.58%	1.32%	0.13%	72.51%	27.29%	-12.19%	14.29%	29.72%	34.1%	31.19%	23.29%	18.09%	15.78%	20.63%	31.8%	-
Non-Interest Expense	1.09B	1.01B	910.68M	979.61M	833.88M	779.94M	702.79M	733.28M	678.28M	570.32M	601.68M	526.94M	524.53M	387.68M	407.55M	408.26M	429.41M	-120.08M	274.44M	185M	161.89M	123.53M	92.92M	77.62M	63.8M	62.12M	49.96M	39.59M	32.6M
Efficiency Ratio	34.95%	34.91%	35.48%	38.2%	35.96%	43.3%	43.95%	43.75%	43.45%	42.19%	50.08%	47.05%	51.39%	45.23%	45.37%	46.05%	48.49%	-23.39%	68.05%	40.28%	40.29%	39.88%	40.22%	44.08%	44.67%	51.37%	47.83%	45.72%	49.62%
Operating Income	1.89B	1.73B	1.48B	1.46B	1.41B	1.06B	685.76M	843.92M	818.7M	735.1M	572.19M	578.72M	447.02M	447.15M	425.59M	383.33M	255.91M	104.72M	-97.17M	262.26M	233.78M	170.36M	121.33M	89.66M	68.82M	52.6M	50.09M	41.6M	27.7M
Operating Margin %	60.44%	59.57%	57.74%	56.92%	60.87%	58.64%	42.88%	50.36%	52.44%	54.38%	47.63%	51.68%	43.8%	52.16%	47.38%	43.24%	28.9%	20.4%	-24.1%	57.1%	58.18%	55%	52.53%	50.92%	48.18%	43.49%	47.96%	48.04%	42.16%
Operating Income Growth %	-	16.44%	1.51%	3.41%	33.63%	54.04%	-18.74%	3.08%	11.37%	28.47%	-1.13%	29.46%	-0.03%	5.06%	11.02%	49.79%	144.37%	207.77%	-137.05%	12.18%	37.23%	40.41%	35.33%	30.29%	30.83%	5%	20.42%	50.18%	-
Pretax Income	1.89B	1.73B	1.48B	1.46B	1.41B	1.06B	685.76M	843.92M	818.7M	735.1M	572.19M	578.72M	447.02M	447.15M	425.59M	383.33M	255.91M	104.72M	-97.17M	262.26M	233.78M	170.36M	121.33M	89.66M	68.82M	52.6M	50.09M	41.6M	27.7M
Pretax Margin %	60.44%	59.57%	57.74%	56.92%	60.87%	58.64%	42.88%	50.36%	52.44%	54.38%	47.63%	51.68%	43.8%	52.16%	47.38%	43.24%	28.9%	20.4%	-24.1%	57.1%	58.18%	55%	52.53%	50.92%	48.18%	43.49%	47.96%	48.04%	42.16%
Income Tax	426.65M	400.27M	316.27M	298.61M	283.57M	183.4M	117.97M	169.88M	115M	229.48M	140.51M	194.04M	101.14M	153.82M	143.94M	138.1M	91.34M	22.71M	-47.48M	101.09M	90.41M	61.98M	43.31M	30.67M	20.11M	13.73M	14.63M	13.6M	9.7M
Effective Tax Rate %	22.61%	23.2%	21.34%	20.46%	20.09%	17.36%	17.2%	20.13%	14.05%	31.22%	24.56%	33.53%	22.63%	34.4%	33.82%	36.03%	35.69%	21.69%	48.87%	38.55%	38.67%	36.38%	35.7%	34.2%	29.23%	26.1%	29.2%	32.69%	35.02%
Net Income	1.46B	1.33B	1.17B	1.16B	1.13B	872.98M	567.8M	674.03M	703.7M	505.62M	431.68M	384.68M	345.88M	293.32M	281.65M	245.23M	164.56M	76.64M	-49.68M	161.17M	143.37M	108.38M	78.02M	58.99M	49.49M	38.78M	35.47M	28M	18M
Net Margin %	46.77%	45.75%	45.41%	45.28%	48.64%	48.46%	35.5%	40.22%	45.07%	37.41%	35.93%	34.35%	33.89%	34.22%	31.35%	27.66%	18.58%	14.93%	-12.32%	35.09%	35.68%	34.99%	33.78%	33.5%	34.65%	32.07%	33.95%	32.34%	27.4%
Net Income Growth %	15.68%	13.69%	0.38%	2.93%	29.22%	53.75%	-15.76%	-4.22%	39.17%	17.13%	12.22%	11.22%	17.92%	4.14%	14.85%	49.02%	114.72%	254.26%	-130.83%	12.41%	32.28%	38.91%	32.26%	19.2%	27.6%	9.35%	26.67%	55.56%	-
Net Income (Continuing)	1.46B	1.33B	1.17B	1.16B	1.13B	872.98M	567.8M	674.03M	703.7M	505.62M	431.68M	384.68M	345.88M	293.32M	281.65M	245.23M	164.56M	82.01M	-49.68M	161.17M	143.37M	108.38M	78.02M	58.99M	48.7M	38.87M	35.47M	28M	18M
EPS (Diluted)	10.54	9.52	8.33	8.18	7.92	6.10	3.97	4.61	4.81	3.47	2.97	2.66	2.38	2.10	1.89	1.60	0.83	0.33	-0.94	2.60	2.35	1.97	1.49	1.19	1.00	0.81	0.77	0.61	0.38
EPS Growth %	15.88%	14.29%	1.83%	3.28%	29.84%	53.65%	-13.88%	-4.16%	38.62%	16.84%	11.65%	11.76%	13.33%	11.11%	18.13%	92.77%	151.52%	135.11%	-136.15%	10.64%	19.29%	32.21%	25.21%	19%	23.46%	5.19%	26.23%	60.53%	-
EPS (Basic)	-	9.58	8.39	8.23	7.98	6.16	3.99	4.63	4.86	3.50	3.00	2.67	2.39	2.11	1.92	1.62	0.88	0.35	-0.94	2.63	2.40	2.03	1.54	1.22	1.05	0.84	0.79	0.62	0.38
Diluted Shares Outstanding	138.46M	139.1M	139.96M	141.9M	142.49M	143.14M	142.99M	146.18M	146.17M	145.91M	145.35M	144.51M	143.56M	139.57M	147.18M	153.47M	147.1M	84.55M	62.67M	62.09M	60.91M	55.03M	52.3M	49.37M	49.26M	48.11M	46.34M	45.79M	47.55M

Key Metrics

Growth RegimeExpanding

ProfitabilityStrong

Balance SheetHealthy

Cash FlowStable

Top Statement Risk

Provision build amid CRE exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Net Interest Income Compounding With Balance Sheet Scale

Based on EWBC's reported figures, net interest income rose from $553.2M in 2024Q2 to $718.9M in 2026Q3, roughly a 30 percent increase, though year-over-year growth has decelerated into single digits by the latest quarter.

The expansion appears driven by a combination of loan volume growth and asset repricing, though the reported figures do not isolate the contribution of each. The deceleration from double-digit growth in early 2025 to 6.1 percent in 2026Q3 may suggest the repricing tailwind is fading. Investors should monitor deposit betas, since rising funding costs could erode the spread gains that supported the earlier expansion.

Flat Margin Implies Scale-Driven Earnings

As reported in financial statements, EWBC's net interest margin held near 0.8 percent across most recent quarters, peaking at 0.9 percent in 2025Q3, suggesting the spread has been broadly stable rather than expanding.

A flat reported margin alongside rapidly growing net interest income implies that earnings growth is coming primarily from balance sheet scale rather than improved pricing. The 2025Q3 peak appears to have been a temporary high rather than a durable step-up. Further analysis of asset yields versus funding costs would be needed to determine whether competitive deposit pricing is capping margin upside.

Provisioning Rebuilds After Zero-Provision Quarter

According to recent SEC filings, EWBC's provision expense moved from zero in 2025Q4 to $45.0M in 2026Q3, a notable reversal from the lower provisioning levels seen in late 2025.

The return to meaningful provisioning after a quarter with none suggests reserve building in response to either loan growth or a shifting credit outlook, though the filings alone do not reveal which. Given the bank's concentration in California commercial real estate, this trend warrants close monitoring. A sustained rise in provisions would compress pre-provision earnings and could signal emerging asset quality pressure.

Fee Income Share Remains Modest

As reported in financial statements, EWBC's non-interest income reached $103.9M in 2026Q3, equal to roughly 12.6 percent of total revenue, a share that has held in a narrow band through the period.

A fee share near 12 to 13 percent indicates the franchise remains heavily reliant on net interest income, which increases sensitivity to rate-cycle shifts. The peak of 15.6 percent in 2025Q3 appears to have been driven by episodic items rather than recurring fee growth. Diversification into trade-related and wealth fees would reduce earnings volatility if it can be scaled meaningfully.

Record Revenue Masking Earnings Miss

Based on EWBC's reported Q2 2026 results, EPS of $2.63 fell short of the $2.71 consensus estimate by about 3 percent despite record net interest income, suggesting margin or expense pressure that headline growth may obscure.

Strong top-line momentum paired with an earnings shortfall raises the question of whether cost growth or credit provisioning is absorbing gains that revenue would otherwise deliver. Analysts should not assume a one-quarter miss represents a durable trend, but it warrants monitoring for a negative revision cycle. If efficiency deteriorates from the mid-30s range, the operating leverage thesis would be materially weakened.

EWBC — Frequently Asked Questions

Quick answers to the most common questions about buying EWBC stock.

What was East West Bancorp, Inc.'s (EWBC) revenue in 2025?

For fiscal year 2025, East West Bancorp, Inc. (EWBC) reported total revenue of $2.90B. This represents a 4308.9% increase compared to $65.7M in 1998.

Is East West Bancorp, Inc. (EWBC) profitable?

East West Bancorp, Inc. (EWBC) is profitable, generating $1.33B in net income for the fiscal year ending 2025 with a net profit margin of 45.7%.

What is East West Bancorp, Inc.'s operating profit margin?

East West Bancorp, Inc. (EWBC) reported an operating income of $1.73B, resulting in an operating profit margin of 59.6%. This margin reflects the operational efficiency of the business before interest and taxes.

What is East West Bancorp, Inc.'s gross profit and gross margin?

East West Bancorp, Inc. (EWBC) generated $2.74B in gross profit for the year, representing a gross profit margin of 94.5%. This demonstrates the company's core pricing power and production efficiency.