East West Bancorp Reports Record Quarterly Net Income of $382 Million and Record Quarterly Diluted Earnings Per Share of $2.76 on Record Total Revenue
Key Highlights
- ➤Q3 net income $382 million, up 4% quarter-over-quarter and 5% year-over-year
- ➤Diluted EPS $2.76, up 5% quarter-over-quarter and 4% year-over-year
- ➤Total revenue $823 million, up 4% quarter-over-quarter and 6% year-over-year
- ➤Loans $59.7 billion and deposits $71.5 billion reached record levels
- ➤Noninterest-bearing demand deposits increased nearly 15% year-over-year
Expert Statements
Dominic Ng, Chairman and Chief Executive Officer of East West Bancorp
“I am pleased to report another record-breaking quarter for East West. Revenue, net interest income, pre-tax pre-provision income (“PTPP”), net income, and diluted earnings per share all set new records. Deposits and loans also finished the quarter at record levels, with noninterest-bearing demand deposits increasing nearly 15% year-over-year. This deposit growth underscores the success of our small business checking strategy and reflects our ability to build broader, more valuable relationships with our customers.”
Dominic Ng, Chairman and Chief Executive Officer of East West Bancorp
“Fee income remained strong, increasing 11% year-over-year during the first nine months of 2026, supported by solid third-quarter growth in commercial deposit account fees. Our disciplined approach to credit and expense management continued to bear fruit this quarter. Asset quality remained resilient, and given continued uncertainty in the economic outlook, we further bolstered our allowance for loan losses.”
Dominic Ng, Chairman and Chief Executive Officer of East West Bancorp
“East West continues to operate from a position of strength. Our diversified business model, conservatively managed balance sheet, and industry-leading profitability should enable us to deliver top-quartile returns for our shareholders in the years ahead.”
East West Bancorp Reports Record Quarterly Net Income of $382 Million and Record Quarterly Diluted Earnings Per Share of $2.76 on Record Total Revenue
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported third quarter 2026 net income of $382 million, or $2.76 per diluted share. Total loans and deposits reached new record levels of $59.7 billion and $71.5 billion, respectively, as of September 30, 2026. Return on average assets was 1.79%, return on average common equity was 16.3%, and return on average tangible common equity(1 )was( )17.2%.
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