East West Bancorp Inc

Latest Results (29.12.2025):

East West Bancorp, Inc. reported results for the first quarter of 2025: net income of $290 million and diluted EPS of $2.08, with record quarterly revenue, fee income and loans. The company posted strong profitability (ROA 1.56%, ROE 15.0%, ROTCE 15.9%), expanded net interest margin, and strengthened its loss allowance while maintaining capital ratios well above regulatory requirements.

Earnings

Net income was $290 million in Q1 2025 (diluted EPS $2.08), down 1% from Q4 2024 ($293 million); pre-tax, pre-provision income (FTE) was $441 million.

Revenue & NIM

Total revenue (FTE) reached a record $693 million in Q1 2025; net interest income was $600 million and net interest margin expanded to 3.35% (up 11 bps QoQ) driven by deposit cost optimization.

Fee & Noninterest Income

Noninterest income was a record $92 million, with fee income of $88 million (up 8% QoQ) led by wealth management, customer derivatives and lending fees.

Loans & Deposits

Total loans were $54.3 billion (up ~$0.5B QoQ and +4% YoY); total deposits were $63.1 billion (flat QoQ, +8% YoY) with 24% noninterest-bearing; loan-to-deposit ratio ~86%.

Asset Quality

Credit metrics improved: net charge-offs $15 million (annualized 0.12% of loans HFI), nonperforming assets fell to $182 million (0.24% of assets), and the allowance for loan losses increased to $735 million (1.35% of loans HFI); provision for credit losses was $49 million.

Capital & Liquidity

Strong capital: CET1 ratio 14.32%, total capital 15.63%, leverage 10.46%; book value per share $57.54 (+3% QoQ, +14% YoY); tangible common equity ratio 9.85%.

Capital Actions

Board declared Q2 2025 dividend of $0.60 per share (payable May 16, 2025). The company repurchased ~920k shares for $85 million in Q1, with $244 million remaining under authorization.

Expenses & Efficiency

Total noninterest expense $252 million (operating expense $236 million); efficiency ratio 36.4% (FTE 36.36%), slightly improved QoQ.

Taxes

Income tax expense was $101 million in Q1 2025, producing an effective tax rate of 25.8% (higher than Q4 2024 due to timing of renewable energy tax credit investments).