NASDAQ$EWBC

East West Bancorp Inc. · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Net income of $159.5 million, or $1.12 per diluted share, was reported.

East West Bancorp reported a net income of $159.5 million, or $1.12 per diluted share, for the third quarter of 2020. Total deposits grew to a record $41.7 billion, and total loans reached a record $37.4 billion.

  • Net income for the third quarter of 2020 was $159.5 million, or $1.12 per diluted share.
  • Total deposits grew to a record $41.7 billion as of September 30, 2020.
  • Total loans reached a record $37.4 billion as of September 30, 2020.
  • Active COVID-19 related payment deferrals have declined by close to 50% since June 30, 2020.

Headline financials

Total Revenue

$374M

Previous: $421M-11.3%
EPS (adj)

$1.12

Previous: $1.17-4.3%
Return on average assets

1.3%

No prior period
Capital Expenditures

-$2.26M

Previous: -$8.5M+73.4%
Free Cash Flow

$157M

Previous: $163M-3.5%
Net Income

$160M

Previous: $171M-6.9%
Operating Income

$306M

Previous: $257M+18.9%
Gross Profit

$364M

Previous: $383M-5.0%
Cash & Equivalents

$4.51B

Previous: $3.04B+48.1%
Total Assets

$50.4B

Previous: $43.3B+16.4%
Stock-Based Comp

$7.92M

Previous: $7.49M+5.8%

Revenue & EPS history

East West Bancorp · Revenue · Quarterly

$374M

Q3 2020-11.3%vs Q3 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

East West Bancorp is cautiously optimistic about future opportunities.

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 Q3 2020

Historical avgQ3 2020

+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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