NASDAQ$EWBC

East West Bancorp Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported a net income of $225 million and diluted earnings per share of $1.57.

East West Bancorp reported a strong second quarter with robust growth, expanding profitability, and improving asset quality. Total loans reached a record $40.1 billion, and total deposits reached a record $52.6 billion. Net income for the second quarter of 2021 was $224.7 million, or $1.57 per diluted share.

  • Total loans reached a record $40.1 billion as of June 30, 2021.
  • Total deposits reached a record $52.6 billion as of June 30, 2021.
  • Noninterest-bearing demand deposits reached 41% of total deposits as of June 30, 2021.
  • Criticized loans fell by 15% quarter-over-quarter.

Headline financials

Total Revenue

$445M

Previous: $402M+10.6%
EPS (adj)

$1.57

Previous: $0.70+124.3%
Return on average assets

1.6%

Previous: 0.8%+88.0%
Free Cash Flow

$225M

Previous: $97.5M+130.5%
Net Income

$225M

Previous: $99.4M+126.2%
Operating Income

$390M

Previous: $226M+72.9%
Gross Profit

$430M

Previous: $300M+43.3%
Cash & Equivalents

$6B

Previous: $4.53B+32.3%
Total Assets

$59.9B

Previous: $49.4B+21.1%
Stock-Based Comp

$8.21M

Previous: $7.07M+16.1%

Revenue & EPS history

East West Bancorp · Revenue · Quarterly

$445M

Q2 2021+10.6%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

East West is positive about their outlook for the rest of the year and are well poised to help their communities and customers thrive as the economy expands.

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 Q2 2021

Historical avgQ2 2021

+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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