EAST WEST BANCORP INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data EAST WEST BANCORP INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	52.3	54.3	53	55.3
Interest expense	105	140	265	414	218	87.2	275	1,382
Pre-tax income	572	735	819	844	686	1,056	1,412	1,460	1,482	1,725
Income tax	141	229	115	170	118	183	284	299	316	400
Net income	432	506	704	674	568	873	1,128	1,161	1,166	1,325
EPS, basic	3.00	3.50	4.86	4.63	3.99	6.16	7.98	8.23	8.39	9.58
EPS, diluted	2.97	3.47	4.81	4.61	3.97	6.10	7.92	8.18	8.33	9.52
Shares, basic (weighted)	144	144	145	145	142	142	141	141	139	138
Shares, diluted (weighted)	145	146	146	146	143	143	142	142	140	139
Dividend per share	0.80	0.80	0.86	1.06	1.10	1.32	1.60	1.92	2.20	2.40

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	1,879	2,175	3,001	3,261	4,018	3,913	3,482	4,615	5,251	4,188
Property, plant and equipment	160	121	119	118	103	97.3	89.2	86.4	82.2	82.3
Lease right-of-use assets				100	95.5	98.6	104	94	82	125
Goodwill	469	469	466	466	466	466	466	466	466	466
Intangible assets	28
Total assets	34,789	37,122	41,042	44,196	52,157	60,871	64,112	69,613	75,976	80,435
Short-term debt	60.1	0	57.6	28.7
Long-term debt				152	152	152	152	153	36	35.6
Total liabilities	31,361	33,280	36,618	39,178	46,888	55,033	58,128	62,662	68,253	71,536
Total debt	186	172	147	152	152	152	152	153	36	35.6
Paid-in capital	1,727	1,755	1,790	1,826	1,858	1,894	1,936	1,981	2,031	2,111
Retained earnings	2,188	2,576	3,160	3,689	4,000	4,684	5,583	6,465	7,312	8,302
Treasury stock	-439	-452	-468	-480	-634	-650	-769	-875	-1,034	-1,168
Other comprehensive income	-48.1	-37.5	-58.2	-18.4	44.3	-90.4	-766	-621	-585	-346
Shareholders' equity	3,428	3,842	4,424	5,018	5,269	5,837	5,985	6,951	7,723	8,899
Total equity	3,428	3,842	4,424	5,018	5,269	5,837	5,985	6,951	7,723	8,899
Total liabilities and equity	34,789	37,122	41,042	44,196	52,157	60,871	64,112	69,613	75,976	80,435

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	432	506	704	674	568	873	1,128	1,161	1,166	1,325
Depreciation and amortization	138	150	139	144	120	157	160	174	212	213
Stock-based compensation	22.1	24.7	30.9	30.8	29.2	32.6	37.6	39.9	45.5	76.2
Deferred income tax	27	33.9	-16.5	-21.6	-41.5	4.76	-44	-49.1	-14.3	-7.78
Change in payables	15.4	-1.97
Cash from operations	650	703	883	733	693	1,168	2,066	1,425	1,412	1,502
Capital expenditures	-12.2	-13.8	-13.8	-9.86	-2.66	-6.02
Acquisitions	0	0	-504
Purchases of investments			-889	-2,303	-4,758	-6,780	-1,071	-1,550	-7,599	-6,939
Sales and maturities of investments	1,503	414	742	1,155	2,070	1,766	897	1,471	1,547	3,851
Cash from investing	-1,800	-2,507	-3,832	-2,593	-6,874	-9,117	-4,583	-4,247	-6,295	-5,477
Share buybacks			0	0	-146	0	-100	-82.2	-143	-116
Dividends paid	-116	-117	-126	-155	-158	-189	-228	-275	-308	-334
Cash from financing	1,679	2,068	3,801	2,126	6,909	7,835	2,114	3,962	5,528	2,897
Exchange rate effect	-11.9	31.2	-24.8	-6.39	29	8.7	-28.5	-7	-8.23	15
Net change in cash	518	296	827	260	757	-105	-431	1,133	636	-1,063
Free cash flow	638	690	869	723	690	1,162
Interest paid	104	139	253	419	233	87.7	250	1,213	2,058	1,742
Income taxes paid	39.5	98.1	85.9	158	116	139	281	292	247	278

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $127.23 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	22.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	15.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.7%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	13.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	5.5%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	18.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	14.3%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	6.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	19.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	6.4%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-10.1%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	16.7%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	9.1%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	14.5%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	16.9%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	15.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	14.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	11.1%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	5.9%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	7.9%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	9.1%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-0.6%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.8%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.5%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	0.00x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	0.0%	Total debt / total assets.
Liabilities / assets	89.1%	Total liabilities / total assets.
Net debt	-$5.05B	Total debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets	0.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$8.78B	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$10.46	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	$14.28	Cash from operations / diluted weighted shares.
Book value per share	$66.85	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$63.49	Tangible book value / shares outstanding.
Cash per share	$36.80	(Cash + short-term investments) / shares outstanding.
Payout ratio	26.9%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$17.43B	Share price x shares outstanding.
Enterprise value	$12.38B	Market cap + total debt - cash - short-term investments.
P/E	12.1x	Market cap / net income. Only when net income is positive.
P/B	1.89x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.99x	Market cap / tangible book value, when positive.
P/OCF	8.83x	Market cap / cash from operations, when positive.
Earnings yield	8.3%	Net income / market cap (the inverse of P/E).
Dividend yield	2.2%	Dividends paid over the period / market cap.
Shareholder yield	2.9%	(Dividends paid + share buybacks) / market cap.
PEG	1.91x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

Was EAST WEST BANCORP INC profitable in fiscal 2025?

Yes. Net income was $1.33B, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to EAST WEST BANCORP INC