NASDAQ$EWBC

East West Bancorp Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported net income of $238 million and diluted earnings per share of $1.66, driven by record loans and deposits.

East West Bancorp reported strong financial results for Q1 2022, with net income of $237.7 million, or $1.66 per diluted share. The company experienced growth in loans and revenue, along with an expansion in the net interest margin. Total loans reached a record $43.5 billion, and total deposits grew to a record $54.9 billion.

  • Net income was $237.7 million, or $1.66 per diluted share, up 37% linked quarter annualized and up 16% year-over-year.
  • Total loans reached a record $43.5 billion, with $2.0 billion growth excluding PPP loans.
  • Total deposits grew to a record $54.9 billion, driven by strong growth in noninterest-bearing demand deposits.
  • Net interest margin expanded by 14 basis points to 2.87%.

Headline financials

Total Revenue

$495M

Previous: $427M+16.1%
EPS (adj)

$1.66

Previous: $1.44+15.3%
Return on average assets

1.6%

Previous: 1.5%+4.0%
Net interest margin

2.9%

Previous: 2.7%+5.9%
Efficiency ratio

38.3%

Previous: 44.8%-14.6%
Free Cash Flow

$238M

Previous: $203M+16.8%
Net Income

$238M

Previous: $205M+15.9%
Operating Income

$455M

Previous: $381M+19.3%
Gross Profit

$487M

Previous: $427M+14.3%
Cash & Equivalents

$3.85B

Previous: $4.62B-16.7%
Total Assets

$62.2B

Previous: $56.9B+9.4%
Stock-Based Comp

$8.43M

Previous: $7.82M+7.9%

Revenue & EPS history

East West Bancorp · Revenue · Quarterly

$495M

Q1 2022+16.1%vs Q1 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

East West Bancorp is optimistic about its outlook and expects to continue to deliver strong growth and earnings in 2022 and beyond.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.0%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+3.0%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+12.6%

Q1 2020

Best reaction

-7.8%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%+2.3%+0.8%
Q4 2025-3.4%+3.4%+1.8%
Q3 2025+3.6%+4.0%+5.7%
Q2 2025-2.0%-1.8%+5.9%
Q1 2025+6.6%+8.9%+14.0%
Q4 2024-0.6%-0.2%-9.3%
Q3 2024+7.4%+6.8%+19.9%
Q2 2024+3.0%+7.4%-1.3%
Q1 2024+3.7%+2.0%-1.1%
Q4 2023+3.9%+1.9%-1.1%
Q3 2023+0.0%+1.8%+21.2%
Q2 2023-4.5%-5.1%-11.1%
Q1 2023-1.6%-8.0%-12.9%
Q4 2022+10.2%+14.0%+11.5%
Q3 2022-6.0%-3.6%-5.3%
Q2 2022-1.8%-2.5%+7.3%
Q1 2022-3.6%-11.6%-14.5%
Q4 2021+0.5%+3.9%+5.9%
Q3 2021-1.3%-3.3%-5.4%
Q2 2021+4.0%+1.3%+1.6%
Q1 2021+2.8%+4.5%+3.4%
Q4 2020+1.7%+7.4%+22.5%
Q3 2020+0.1%-5.8%+13.2%
Q2 2020+0.7%-1.8%+1.9%
Q1 2020+12.6%+25.3%+24.8%
Q4 2019+3.8%+1.7%-2.8%
Q3 2019-5.3%-1.0%+3.0%
Q2 2019+4.6%+5.8%-11.0%
Q1 2019-3.5%-1.6%-9.2%
Q4 2018+4.2%+3.6%+10.1%
Q3 2018-3.5%-5.7%-5.0%
Q2 2018-0.9%-1.3%-3.4%
Q1 2018+6.7%+8.5%+14.8%
Q4 2017+0.1%-2.9%-3.1%
Q3 2017+6.8%+5.8%+0.8%
Q2 2017-0.5%+2.7%-4.9%
Q1 2017+6.7%+11.7%+8.6%
Q4 2016+7.2%+3.0%+6.6%
Q3 2016+3.3%+4.2%+21.2%
Q2 2016-4.1%-3.7%-4.4%
Q1 2016+5.1%
Q4 2015-5.8%
Q3 2015-1.4%
Q2 2015-1.9%
Q1 2015+0.6%
Q4 2014+6.0%
Q3 2014+5.7%
Q2 2014-3.3%
Q1 2014+3.3%
Q4 2013+2.5%
Q3 2013+1.5%
Q2 2013+6.4%
Q1 2013-7.8%
Q4 2009+0.0%
Q4 2011+0.0%
Q4 2012-0.3%
Q3 2012-5.3%
Q2 2012-0.2%
Q1 2012-0.1%
Q3 2010-3.6%
Q3 2011-3.6%
Q4 2010-2.1%
Q2 2011-2.1%
Q1 2010+2.2%
Q1 2011+2.2%
Q2 2010+2.2%

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