APRIL 21, 2026
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported first quarter 2026 net income of $358 million, or $2.57 per diluted share. Total loans and deposits both reached new records as of March 31, 2026, at $58.1 billion and $68.9 billion, respectively. Return on average assets was 1.79%, return on average common equity was 16.0%, and book value per share grew 14% year-over-year.
“East West reported record loans, deposits, and fee income in the first quarter, generating a 17% return on average tangible common equity,” said Dominic Ng, Chairman and Chief Executive Officer. “Our balance sheet growth reflects the strength of our customer relationships and the success of the clients we serve. This performance was complemented by 12% year-over-year growth in fee income, driven by notable strength in wealth management and deposit account fees.”
“Credit performance remained resilient, with net charge-offs and nonperforming asset levels stable, while we bolstered our allowance for loan losses to 1.44% of loans,” Ng continued. “We continued to operate from a position of capital strength, which enabled us to support our customers with confidence while also returning capital to our shareholders. Looking ahead, we are well positioned to deliver top-tier shareholder returns through industry-leading profitability, strong balance sheet growth, and prudent risk management,” concluded Ng.