NASDAQ$EWBC

East West Bancorp Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

East West Bancorp reported record net income and diluted earnings per share for the fourth quarter and full year of 2025, with strong growth in assets and deposits.

East West Bancorp announced record financial results for the full year and fourth quarter of 2025. Full year net income reached $1.3 billion, or $9.52 per diluted share, while fourth quarter net income was $356 million, or $2.55 per diluted share. The company also reported strong year-over-year growth in total assets and deposits, alongside resilient credit trends and a 33% increase in its quarterly common stock dividend.

  • Full year 2025 net income was a record $1.3 billion, up 14% year-over-year.
  • Fourth quarter 2025 diluted EPS was $2.55, up 21.9% year-over-year.
  • Total assets grew 6% year-over-year to $80.4 billion, and total deposits increased 6% to $67.1 billion.
  • The board declared a $0.20 increase in the quarterly common stock dividend, bringing it to $0.80 per quarter, a 33% increase.

Headline financials

Total Revenue

$758M

Previous: $588M+29.0%
EPS (adj)

$2.52

Previous: $2.08+21.2%
Return on average assets

1.8%

Previous: 1.6%+14.2%
Adjusted return on average assets

1.8%

Previous: 1.5%+13.6%
Return on average common equity

16.1%

Previous: 15.1%+6.8%
Adjusted return on average common equity

15.9%

Previous: 14.9%+6.1%
Return on average TCE

17.0%

Previous: 16.1%+6.0%
Adjusted return on average TCE

16.8%

Previous: 15.9%+5.3%
Book value per share

$64.68

Previous: $55.79+15.9%
Tangible book value per share

$61.27

Previous: $52.39+16.9%
Total stockholders' equity to assets ratio

11.1%

Previous: 10.2%+8.8%
Tangible common equity ratio

10.5%

Previous: 9.6%+9.8%
Interest rate spread

2.4%

Previous: 2.1%+14.6%
Adjusted interest rate spread

2.4%

Previous: 2.1%+14.6%
Net interest margin

3.4%

Previous: 3.2%+5.2%
Adjusted net interest margin

3.4%

Previous: 3.2%+5.2%
Average loan yield

6.2%

Previous: 6.5%-4.6%
Adjusted average loan yield

6.2%

Previous: 6.5%-4.6%
Yield on average interest-earning assets

5.5%

Previous: 5.8%-5.0%
Adjusted yield on average interest-earning assets

5.5%

Previous: 5.8%-5.0%
Average cost of interest-bearing deposits

3.0%

Previous: 3.6%-16.0%
Average cost of deposits

2.3%

Previous: 2.8%-16.4%
Average cost of funds

2.4%

Previous: 2.9%-17.4%
Operating noninterest expense/average assets

1.2%

Previous: 1.2%-0.8%
Efficiency ratio

34.5%

Previous: 37.0%-6.8%
Adjusted efficiency ratio

35.2%

Previous: 37.5%-6.3%
Efficiency ratio (FTE)

34.4%

Previous: 36.9%-6.8%
Adjusted efficiency ratio (FTE)

35.1%

Previous: 37.5%-6.2%
Effective tax rate

23.7%

Previous: 17.6%+34.5%
Adjusted effective tax rate

23.7%

Previous: 17.6%+34.5%
Net Income

$356M

Previous: $293M+21.6%
Operating Income

$498M

No prior period

Revenue & EPS history

East West Bancorp · Revenue · Quarterly

$758M

Q4 2025+29%vs Q4 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

East West Bancorp's forward guidance emphasizes continued strong financial performance, strategic growth, and shareholder returns, while acknowledging potential risks from economic and regulatory changes.

Tailwinds

  • Continued focus on driving growth in business checking account relationships and noninterest-bearing deposit balances.
  • Commitment to delivering top-tier shareholder returns, supported by prudent balance sheet growth.
  • Industry-leading efficiency and sound risk management practices.
  • Resilient credit trends with declining net charge-offs and criticized loans.
  • Increased quarterly common stock dividend by 33% to $0.80 per share, reflecting strong capital and profitability.

Headwinds

  • Potential impacts from changes in local, regional, and global business, economic, and political conditions.
  • Risks related to bank failures and other industry volatility, including increased regulatory requirements and deposit withdrawals.
  • Changes in trade, tariff, tax, monetary, and fiscal policies could affect financial performance.
  • Potential disputes between the U.S. and other countries, and changes in commercial and consumer real estate markets.
  • Risks from disruption, failure, or breach of operational or security systems, including cyber-attacks, and the disclosure or misuse of confidential information.

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 Q4 2025

Historical avgQ4 2025

+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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