Annual Income Statements for East West Bancorp
This table shows East West Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for East West Bancorp
This table shows East West Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Consolidated Net Income / (Loss) |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Net Income / (Loss) Continuing Operations |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Total Pre-Tax Income |
|
384 |
388 |
421 |
358 |
354 |
327 |
372 |
364 |
389 |
356 |
Total Revenue |
|
627 |
670 |
660 |
645 |
648 |
655 |
644 |
638 |
657 |
674 |
Net Interest Income / (Expense) |
|
552 |
606 |
600 |
567 |
571 |
575 |
565 |
553 |
573 |
588 |
Total Interest Income |
|
628 |
761 |
836 |
906 |
962 |
990 |
1,024 |
1,034 |
1,076 |
1,059 |
Loans and Leases Interest Income |
|
560 |
671 |
729 |
771 |
819 |
853 |
866 |
868 |
887 |
869 |
Investment Securities Interest Income |
|
59 |
66 |
70 |
74 |
75 |
81 |
83 |
117 |
128 |
143 |
Deposits and Money Market Investments Interest Income |
|
9.08 |
24 |
36 |
61 |
68 |
56 |
74 |
49 |
60 |
48 |
Total Interest Expense |
|
76 |
156 |
236 |
339 |
391 |
416 |
458 |
481 |
503 |
472 |
Deposits Interest Expense |
|
69 |
147 |
217 |
287 |
338 |
363 |
406 |
431 |
454 |
428 |
Short-Term Borrowings Interest Expense |
|
1.18 |
0.37 |
8.83 |
49 |
50 |
50 |
42 |
0.03 |
0.02 |
0.01 |
Long-Term Debt Interest Expense |
|
1.94 |
2.36 |
8.97 |
2.67 |
2.91 |
2.95 |
10 |
50 |
49 |
43 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
4.42 |
5.51 |
1.05 |
0.21 |
0.19 |
0.04 |
0.04 |
0.06 |
0.05 |
0.06 |
Total Non-Interest Income |
|
76 |
65 |
60 |
79 |
77 |
80 |
79 |
85 |
85 |
87 |
Trust Fees by Commissions |
|
8.90 |
6.24 |
6.30 |
6.94 |
5.92 |
7.82 |
8.59 |
9.48 |
11 |
9.87 |
Other Service Charges |
|
46 |
52 |
50 |
52 |
48 |
53 |
55 |
55 |
61 |
53 |
Net Realized & Unrealized Capital Gains on Investments |
|
2.13 |
0.44 |
-10 |
-0.01 |
-0.01 |
6.81 |
0.01 |
1.84 |
0.17 |
0.10 |
Other Non-Interest Income |
|
19 |
6.64 |
14 |
20 |
23 |
12 |
15 |
19 |
13 |
24 |
Provision for Credit Losses |
|
27 |
25 |
20 |
26 |
42 |
37 |
25 |
37 |
42 |
70 |
Total Non-Interest Expense |
|
216 |
257 |
218 |
262 |
252 |
290 |
247 |
236 |
226 |
249 |
Salaries and Employee Benefits |
|
128 |
120 |
130 |
125 |
123 |
131 |
142 |
134 |
135 |
140 |
Net Occupancy & Equipment Expense |
|
20 |
48 |
26 |
27 |
27 |
27 |
27 |
26 |
28 |
31 |
Property & Liability Insurance Claims |
|
4.88 |
4.93 |
7.91 |
8.26 |
8.58 |
79 |
20 |
11 |
9.18 |
6.20 |
Other Operating Expenses |
|
44 |
20 |
44 |
46 |
43 |
50 |
46 |
50 |
48 |
52 |
Amortization Expense |
|
20 |
65 |
10 |
56 |
50 |
4.58 |
13 |
16 |
5.60 |
19 |
Income Tax Expense |
|
89 |
52 |
99 |
46 |
66 |
88 |
87 |
76 |
90 |
63 |
Basic Earnings per Share |
|
$2.10 |
$2.38 |
$2.28 |
$2.21 |
$2.03 |
$1.71 |
$2.04 |
$2.07 |
$2.16 |
$2.12 |
Weighted Average Basic Shares Outstanding |
|
140.92M |
141.33M |
141.11M |
141.47M |
141.49M |
141.16M |
139.41M |
138.98M |
138.61M |
138.90M |
Diluted Earnings per Share |
|
$2.08 |
$2.37 |
$2.27 |
$2.20 |
$2.02 |
$1.69 |
$2.03 |
$2.06 |
$2.14 |
$2.10 |
Weighted Average Diluted Shares Outstanding |
|
142.01M |
142.49M |
141.91M |
141.88M |
142.12M |
141.90M |
140.26M |
139.80M |
139.65M |
139.96M |
Weighted Average Basic & Diluted Shares Outstanding |
|
140.95M |
141.00M |
141.46M |
141.48M |
140.93M |
140.03M |
139.14M |
138.61M |
138.63M |
138.44M |
Annual Cash Flow Statements for East West Bancorp
This table details how cash moves in and out of East West Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
321 |
518 |
296 |
852 |
260 |
757 |
-105 |
-431 |
1,133 |
636 |
Net Cash From Operating Activities |
|
470 |
650 |
703 |
883 |
733 |
693 |
1,168 |
2,066 |
1,425 |
1,412 |
Net Cash From Continuing Operating Activities |
|
470 |
650 |
703 |
883 |
733 |
693 |
1,168 |
2,066 |
1,425 |
1,412 |
Net Income / (Loss) Continuing Operations |
|
385 |
432 |
506 |
704 |
674 |
568 |
873 |
1,128 |
1,161 |
1,166 |
Consolidated Net Income / (Loss) |
|
385 |
432 |
506 |
704 |
674 |
568 |
873 |
1,128 |
1,161 |
1,166 |
Provision For Loan Losses |
|
14 |
27 |
46 |
64 |
99 |
211 |
-35 |
74 |
125 |
174 |
Depreciation Expense |
|
89 |
138 |
150 |
139 |
144 |
120 |
157 |
160 |
163 |
198 |
Amortization Expense |
|
-45 |
-26 |
-7.26 |
-21 |
-22 |
18 |
- |
57 |
11 |
14 |
Non-Cash Adjustments to Reconcile Net Income |
|
127 |
41 |
-35 |
-15 |
5.12 |
-19 |
113 |
-1.01 |
5.53 |
38 |
Changes in Operating Assets and Liabilities, net |
|
-100 |
39 |
43 |
11 |
-166 |
-204 |
61 |
649 |
-41 |
-179 |
Net Cash From Investing Activities |
|
-3,628 |
-1,800 |
-2,507 |
-3,832 |
-2,593 |
-6,874 |
-9,117 |
-4,583 |
-4,247 |
-6,295 |
Net Cash From Continuing Investing Activities |
|
-3,628 |
-1,800 |
-2,507 |
-3,832 |
-2,593 |
-6,874 |
-9,117 |
-4,583 |
-4,247 |
-6,295 |
Purchase of Investment Securities |
|
-8,885 |
-6,777 |
-5,715 |
-5,092 |
-5,315 |
-10,267 |
-12,845 |
-8,255 |
-6,630 |
-10,457 |
Sale and/or Maturity of Investments |
|
5,257 |
4,981 |
3,098 |
1,775 |
2,732 |
3,394 |
3,728 |
3,672 |
2,383 |
4,162 |
Net Cash From Financing Activities |
|
3,490 |
1,679 |
2,068 |
3,801 |
2,126 |
6,909 |
7,835 |
2,114 |
3,962 |
5,528 |
Net Cash From Continuing Financing Activities |
|
3,490 |
1,679 |
2,068 |
3,801 |
2,126 |
6,909 |
7,835 |
2,114 |
3,962 |
5,528 |
Net Change in Deposits |
|
3,493 |
2,453 |
2,273 |
3,903 |
1,904 |
7,483 |
8,464 |
2,709 |
144 |
7,108 |
Issuance of Debt |
|
700 |
63 |
0.00 |
61 |
1,471 |
1,439 |
0.40 |
4,950 |
6,000 |
4,000 |
Issuance of Common Equity |
|
2.84 |
2.08 |
2.28 |
2.85 |
3.38 |
2.33 |
2.57 |
3.18 |
3.21 |
3.02 |
Repayment of Debt |
|
-20 |
-720 |
-77 |
-25 |
-1,083 |
-1,750 |
-428 |
-5,201 |
-1,805 |
-5,118 |
Repurchase of Common Equity |
|
- |
- |
- |
0.00 |
0.00 |
-146 |
0.00 |
-100 |
-82 |
-143 |
Payment of Dividends |
|
-116 |
-116 |
-117 |
-126 |
-155 |
-158 |
-189 |
-228 |
-275 |
-308 |
Other Financing Activities, Net |
|
-569 |
-2.17 |
-13 |
-16 |
-15 |
40 |
-16 |
-19 |
-24 |
-15 |
Effect of Exchange Rate Changes |
|
-11 |
-12 |
31 |
- |
-6.39 |
29 |
8.70 |
-28 |
-7.00 |
-8.23 |
Cash Interest Paid |
|
106 |
104 |
139 |
253 |
419 |
233 |
88 |
250 |
1,213 |
2,058 |
Cash Income Taxes Paid |
|
-19 |
39 |
98 |
86 |
158 |
116 |
139 |
281 |
292 |
247 |
Quarterly Cash Flow Statements for East West Bancorp
This table details how cash moves in and out of East West Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
261 |
1,318 |
2,452 |
444 |
-1,817 |
54 |
-404 |
155 |
494 |
391 |
Net Cash From Operating Activities |
|
687 |
450 |
223 |
257 |
383 |
562 |
266 |
259 |
386 |
500 |
Net Cash From Continuing Operating Activities |
|
687 |
450 |
223 |
257 |
373 |
572 |
265 |
259 |
386 |
501 |
Net Income / (Loss) Continuing Operations |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Consolidated Net Income / (Loss) |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Provision For Loan Losses |
|
27 |
25 |
20 |
26 |
42 |
37 |
25 |
37 |
42 |
70 |
Depreciation Expense |
|
33 |
78 |
33 |
74 |
68 |
-11 |
51 |
49 |
39 |
59 |
Amortization Expense |
|
4.82 |
30 |
-4.50 |
-5.99 |
-5.25 |
26 |
0.65 |
5.41 |
4.68 |
3.16 |
Non-Cash Adjustments to Reconcile Net Income |
|
15 |
-28 |
22 |
11 |
1.17 |
-28 |
5.49 |
6.82 |
8.39 |
18 |
Changes in Operating Assets and Liabilities, net |
|
312 |
7.28 |
-169 |
-160 |
-21 |
309 |
-102 |
-128 |
-7.13 |
58 |
Net Cash From Investing Activities |
|
-275 |
-333 |
-633 |
-707 |
-1,557 |
-1,350 |
-1,872 |
-1,413 |
-1,495 |
-1,516 |
Net Cash From Continuing Investing Activities |
|
-275 |
-333 |
-633 |
-707 |
-1,557 |
-1,350 |
-1,872 |
-1,413 |
-1,495 |
-1,516 |
Purchase of Investment Securities |
|
-1,084 |
-916 |
-1,301 |
-1,185 |
-2,106 |
-2,038 |
-3,544 |
-2,519 |
-2,301 |
-2,092 |
Sale and/or Maturity of Investments |
|
809 |
584 |
668 |
478 |
549 |
688 |
1,673 |
1,106 |
806 |
577 |
Net Cash From Financing Activities |
|
-130 |
1,195 |
2,857 |
916 |
-646 |
836 |
1,202 |
1,311 |
1,593 |
1,421 |
Net Cash From Continuing Financing Activities |
|
-130 |
1,195 |
2,857 |
916 |
-646 |
836 |
1,202 |
1,311 |
1,593 |
1,421 |
Net Change in Deposits |
|
-423 |
2,086 |
-1,246 |
984 |
-578 |
985 |
2,475 |
1,446 |
1,670 |
1,517 |
Issuance of Debt |
|
650 |
350 |
6,000 |
4,500 |
- |
-4,500 |
-981 |
-19 |
500 |
4,500 |
Issuance of Common Equity |
|
- |
1.73 |
- |
- |
- |
1.65 |
- |
- |
- |
1.44 |
Repayment of Debt |
|
-300 |
-875 |
-1,804 |
-4,196 |
-304 |
4,500 |
-117 |
-0.22 |
-500 |
-4,501 |
Repurchase of Common Equity |
|
- |
- |
0.00 |
- |
- |
-82 |
-82 |
-41 |
- |
-20 |
Payment of Dividends |
|
-56 |
-56 |
-71 |
-68 |
-68 |
-68 |
-79 |
-77 |
-76 |
-76 |
Other Financing Activities, Net |
|
-0.01 |
-312 |
-22 |
-305 |
304 |
-0.54 |
-14 |
-0.21 |
-0.10 |
-0.87 |
Effect of Exchange Rate Changes |
|
-22 |
6.77 |
5.17 |
-22 |
3.67 |
5.85 |
-0.83 |
-2.59 |
10 |
-15 |
Cash Interest Paid |
|
62 |
142 |
228 |
277 |
348 |
361 |
600 |
482 |
502 |
474 |
Cash Income Taxes Paid |
|
45 |
48 |
0.00 |
255 |
29 |
7.34 |
39 |
194 |
9.30 |
5.45 |
Annual Balance Sheets for East West Bancorp
This table presents East West Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
32,351 |
34,789 |
37,122 |
41,042 |
44,196 |
52,157 |
60,871 |
64,112 |
69,613 |
75,976 |
Cash and Due from Banks |
|
341 |
461 |
457 |
516 |
536 |
592 |
527 |
535 |
445 |
361 |
Interest Bearing Deposits at Other Banks |
|
1,320 |
1,741 |
2,116 |
2,856 |
2,921 |
4,236 |
4,122 |
3,086 |
4,181 |
4,938 |
Trading Account Securities |
|
5,405 |
5,503 |
4,067 |
3,777 |
3,317 |
5,545 |
12,319 |
9,037 |
9,929 |
14,189 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Loans Held for Sale |
|
- |
- |
- |
- |
0.43 |
1.79 |
0.64 |
26 |
0.12 |
0.00 |
Premises and Equipment, Net |
|
167 |
160 |
121 |
119 |
118 |
103 |
97 |
89 |
86 |
82 |
Goodwill |
|
469 |
469 |
469 |
466 |
466 |
466 |
466 |
466 |
466 |
466 |
Other Assets |
|
24,455 |
26,271 |
29,728 |
33,123 |
36,630 |
41,000 |
43,339 |
50,874 |
54,506 |
55,940 |
Total Liabilities & Shareholders' Equity |
|
32,351 |
34,789 |
37,122 |
41,042 |
44,196 |
52,157 |
60,871 |
64,112 |
69,613 |
75,976 |
Total Liabilities |
|
29,228 |
31,361 |
33,280 |
36,618 |
39,178 |
46,888 |
55,033 |
58,128 |
62,662 |
68,253 |
Non-Interest Bearing Deposits |
|
8,657 |
10,184 |
10,887 |
11,377 |
11,080 |
16,298 |
22,845 |
21,051 |
15,540 |
15,450 |
Interest Bearing Deposits |
|
18,819 |
19,707 |
20,728 |
24,063 |
26,244 |
28,564 |
30,505 |
34,917 |
40,553 |
47,725 |
Short-Term Debt |
|
0.00 |
410 |
50 |
108 |
229 |
321 |
300 |
300 |
4,500 |
0.00 |
Long-Term Debt |
|
1,226 |
508 |
495 |
473 |
898 |
804 |
401 |
152 |
153 |
3,536 |
Other Long-Term Liabilities |
|
526 |
552 |
1,119 |
598 |
727 |
900 |
982 |
1,707 |
1,917 |
1,542 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
3,123 |
3,428 |
3,842 |
4,424 |
5,018 |
5,269 |
5,837 |
5,985 |
6,951 |
7,723 |
Total Preferred & Common Equity |
|
3,123 |
3,428 |
3,842 |
4,424 |
5,018 |
5,269 |
5,837 |
5,985 |
6,951 |
7,723 |
Total Common Equity |
|
3,123 |
3,428 |
3,842 |
4,424 |
5,018 |
5,269 |
5,837 |
5,985 |
6,951 |
7,723 |
Common Stock |
|
1,701 |
1,728 |
1,755 |
1,790 |
1,827 |
1,859 |
1,894 |
1,937 |
1,981 |
2,031 |
Retained Earnings |
|
1,873 |
2,188 |
2,576 |
3,160 |
3,689 |
4,000 |
4,684 |
5,583 |
6,465 |
7,312 |
Treasury Stock |
|
-436 |
-439 |
-452 |
-468 |
-480 |
-634 |
-650 |
-769 |
-875 |
-1,034 |
Accumulated Other Comprehensive Income / (Loss) |
|
-15 |
-48 |
-38 |
-58 |
-18 |
44 |
-90 |
-766 |
-621 |
-585 |
Quarterly Balance Sheets for East West Bancorp
This table presents East West Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
62,576 |
67,245 |
68,533 |
68,289 |
70,876 |
72,468 |
74,484 |
Cash and Due from Banks |
|
554 |
760 |
614 |
496 |
382 |
461 |
362 |
Interest Bearing Deposits at Other Banks |
|
2,240 |
5,184 |
5,781 |
4,082 |
3,853 |
3,930 |
4,614 |
Trading Account Securities |
|
8,919 |
9,949 |
8,963 |
9,789 |
11,834 |
12,347 |
13,487 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Loans Held for Sale |
|
15 |
6.86 |
2.83 |
4.76 |
13 |
19 |
0.00 |
Premises and Equipment, Net |
|
92 |
90 |
89 |
88 |
84 |
82 |
81 |
Goodwill |
|
466 |
466 |
466 |
466 |
466 |
466 |
466 |
Other Assets |
|
50,292 |
50,789 |
52,617 |
53,364 |
54,243 |
55,165 |
55,474 |
Total Liabilities & Shareholders' Equity |
|
62,576 |
67,245 |
68,533 |
68,289 |
70,876 |
72,468 |
74,484 |
Total Liabilities |
|
56,915 |
60,936 |
62,071 |
61,693 |
63,852 |
65,253 |
66,819 |
Non-Interest Bearing Deposits |
|
21,645 |
18,327 |
16,741 |
16,169 |
14,799 |
14,923 |
14,691 |
Interest Bearing Deposits |
|
32,212 |
36,410 |
38,918 |
38,918 |
43,762 |
45,077 |
47,009 |
Short-Term Debt |
|
612 |
4,500 |
4,500 |
4,500 |
19 |
0.00 |
0.00 |
Long-Term Debt |
|
478 |
152 |
153 |
153 |
3,536 |
3,536 |
3,536 |
Other Long-Term Liabilities |
|
1,769 |
1,546 |
1,759 |
1,953 |
1,736 |
1,717 |
1,583 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
5,661 |
6,309 |
6,462 |
6,597 |
7,023 |
7,215 |
7,665 |
Total Preferred & Common Equity |
|
5,661 |
6,309 |
6,462 |
6,597 |
7,023 |
7,215 |
7,665 |
Total Common Equity |
|
5,661 |
6,309 |
6,462 |
6,597 |
7,023 |
7,215 |
7,665 |
Common Stock |
|
1,927 |
1,948 |
1,960 |
1,969 |
1,994 |
2,008 |
2,018 |
Retained Earnings |
|
5,303 |
5,832 |
6,076 |
6,295 |
6,663 |
6,874 |
7,096 |
Treasury Stock |
|
-769 |
-791 |
-792 |
-792 |
-971 |
-1,012 |
-1,012 |
Accumulated Other Comprehensive Income / (Loss) |
|
-800 |
-680 |
-782 |
-875 |
-663 |
-654 |
-437 |
Annual Metrics And Ratios for East West Bancorp
This table displays calculated financial ratios and metrics derived from East West Bancorp's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
10.17% |
7.15% |
18.76% |
11.17% |
5.37% |
-4.57% |
12.69% |
29.00% |
11.22% |
0.25% |
EBITDA Growth |
|
63.69% |
9.86% |
28.36% |
6.83% |
3.00% |
-14.74% |
47.34% |
34.21% |
0.35% |
3.69% |
EBIT Growth |
|
29.46% |
-1.13% |
28.47% |
11.37% |
3.08% |
-18.74% |
54.04% |
33.63% |
3.41% |
1.51% |
NOPAT Growth |
|
11.20% |
12.22% |
17.13% |
39.17% |
-4.22% |
-15.76% |
53.75% |
29.22% |
2.93% |
0.38% |
Net Income Growth |
|
11.22% |
12.22% |
17.13% |
39.17% |
-4.22% |
-15.76% |
53.75% |
29.22% |
2.93% |
0.38% |
EPS Growth |
|
10.37% |
11.65% |
16.84% |
38.62% |
-4.16% |
-13.88% |
53.65% |
29.84% |
3.28% |
1.83% |
Operating Cash Flow Growth |
|
19.53% |
38.45% |
8.17% |
25.58% |
-16.99% |
-5.52% |
68.69% |
76.82% |
-31.03% |
-0.93% |
Free Cash Flow Firm Growth |
|
335.51% |
88.51% |
6.81% |
-81.36% |
-638.51% |
168.21% |
129.43% |
68.68% |
-425.77% |
137.71% |
Invested Capital Growth |
|
3.68% |
-0.06% |
0.96% |
14.07% |
22.78% |
4.07% |
2.25% |
-1.55% |
80.27% |
-2.97% |
Revenue Q/Q Growth |
|
2.17% |
2.48% |
3.15% |
3.40% |
1.59% |
-1.69% |
3.46% |
8.98% |
-0.60% |
0.76% |
EBITDA Q/Q Growth |
|
9.73% |
3.77% |
0.10% |
3.28% |
0.85% |
2.76% |
2.29% |
14.44% |
-7.87% |
7.12% |
EBIT Q/Q Growth |
|
4.68% |
2.26% |
1.80% |
3.93% |
1.71% |
-0.85% |
6.41% |
8.55% |
-4.02% |
1.97% |
NOPAT Q/Q Growth |
|
-0.96% |
4.59% |
-4.86% |
14.31% |
2.31% |
-4.08% |
6.56% |
11.79% |
-7.77% |
4.87% |
Net Income Q/Q Growth |
|
-0.95% |
4.59% |
-4.86% |
14.31% |
2.31% |
-4.08% |
6.56% |
11.79% |
-7.77% |
4.87% |
EPS Q/Q Growth |
|
-0.75% |
4.21% |
-4.67% |
13.98% |
2.44% |
-3.41% |
6.46% |
12.02% |
-7.67% |
5.18% |
Operating Cash Flow Q/Q Growth |
|
-17.79% |
39.63% |
-22.03% |
21.46% |
26.65% |
-10.77% |
16.10% |
1.32% |
8.54% |
-4.18% |
Free Cash Flow Firm Q/Q Growth |
|
-69.48% |
999.40% |
53.47% |
-37.54% |
-20.75% |
124.44% |
-66.84% |
89.16% |
-23.60% |
30.14% |
Invested Capital Q/Q Growth |
|
15.83% |
5.29% |
0.71% |
3.54% |
4.53% |
-17.71% |
2.31% |
-4.64% |
3.15% |
0.52% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
54.89% |
56.28% |
60.83% |
58.46% |
57.14% |
51.05% |
66.75% |
69.45% |
62.66% |
64.81% |
EBIT Margin |
|
51.04% |
47.10% |
50.95% |
51.04% |
49.93% |
42.52% |
58.12% |
60.21% |
55.98% |
56.69% |
Profit (Net Income) Margin |
|
33.93% |
35.53% |
35.04% |
43.87% |
39.88% |
35.21% |
48.03% |
48.12% |
44.53% |
44.59% |
Tax Burden Percent |
|
66.47% |
75.44% |
68.78% |
85.95% |
79.87% |
82.80% |
82.64% |
79.91% |
79.54% |
78.66% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
33.53% |
24.56% |
31.22% |
14.05% |
20.13% |
17.20% |
17.36% |
20.09% |
20.46% |
21.34% |
Return on Invested Capital (ROIC) |
|
9.01% |
9.93% |
11.58% |
14.99% |
12.09% |
9.06% |
13.50% |
17.39% |
12.87% |
10.20% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
9.01% |
9.93% |
11.58% |
14.99% |
12.09% |
9.06% |
13.50% |
17.39% |
12.87% |
10.20% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.86% |
3.25% |
2.33% |
2.04% |
2.19% |
1.98% |
2.22% |
1.70% |
5.08% |
5.69% |
Return on Equity (ROE) |
|
12.87% |
13.18% |
13.91% |
17.03% |
14.28% |
11.04% |
15.72% |
19.08% |
17.95% |
15.89% |
Cash Return on Invested Capital (CROIC) |
|
5.39% |
9.99% |
10.63% |
1.84% |
-8.36% |
5.07% |
11.27% |
18.95% |
-44.41% |
13.21% |
Operating Return on Assets (OROA) |
|
1.89% |
1.70% |
2.04% |
2.09% |
1.98% |
1.42% |
1.87% |
2.26% |
2.18% |
2.04% |
Return on Assets (ROA) |
|
1.26% |
1.29% |
1.41% |
1.80% |
1.58% |
1.18% |
1.54% |
1.81% |
1.74% |
1.60% |
Return on Common Equity (ROCE) |
|
12.87% |
13.18% |
13.91% |
17.03% |
14.28% |
11.04% |
15.72% |
19.08% |
17.95% |
15.89% |
Return on Equity Simple (ROE_SIMPLE) |
|
12.32% |
12.59% |
13.16% |
15.91% |
13.43% |
10.78% |
14.96% |
18.85% |
16.71% |
15.09% |
Net Operating Profit after Tax (NOPAT) |
|
385 |
432 |
506 |
704 |
674 |
568 |
873 |
1,128 |
1,161 |
1,166 |
NOPAT Margin |
|
33.93% |
35.53% |
35.04% |
43.87% |
39.88% |
35.21% |
48.03% |
48.12% |
44.53% |
44.59% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
29.43% |
30.72% |
28.58% |
28.79% |
28.70% |
30.21% |
29.91% |
24.86% |
23.62% |
25.34% |
Operating Expenses to Revenue |
|
47.70% |
50.64% |
45.84% |
44.95% |
44.23% |
44.42% |
43.80% |
36.66% |
39.22% |
36.65% |
Earnings before Interest and Taxes (EBIT) |
|
579 |
572 |
735 |
819 |
844 |
686 |
1,056 |
1,412 |
1,460 |
1,482 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
622 |
684 |
878 |
938 |
966 |
823 |
1,213 |
1,628 |
1,634 |
1,694 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.58 |
1.80 |
1.95 |
1.23 |
1.25 |
1.24 |
1.77 |
1.45 |
1.41 |
1.71 |
Price to Tangible Book Value (P/TBV) |
|
2.00 |
2.22 |
2.34 |
1.45 |
1.44 |
1.42 |
1.93 |
1.58 |
1.51 |
1.82 |
Price to Revenue (P/Rev) |
|
4.34 |
5.08 |
5.20 |
3.41 |
3.71 |
4.06 |
5.70 |
3.71 |
3.76 |
5.05 |
Price to Earnings (P/E) |
|
12.80 |
14.29 |
14.85 |
7.76 |
9.31 |
11.52 |
11.86 |
7.71 |
8.45 |
11.32 |
Dividend Yield |
|
2.34% |
1.87% |
1.54% |
2.28% |
2.45% |
2.38% |
1.81% |
2.59% |
2.76% |
2.31% |
Earnings Yield |
|
7.81% |
7.00% |
6.74% |
12.88% |
10.74% |
8.68% |
8.43% |
12.96% |
11.84% |
8.83% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.03 |
1.12 |
1.25 |
0.53 |
0.64 |
0.44 |
0.98 |
0.86 |
0.85 |
1.02 |
Enterprise Value to Revenue (EV/Rev) |
|
3.96 |
4.02 |
3.80 |
1.66 |
2.33 |
1.76 |
3.53 |
2.36 |
3.77 |
4.37 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
7.21 |
7.14 |
6.24 |
2.85 |
4.08 |
3.45 |
5.28 |
3.40 |
6.02 |
6.75 |
Enterprise Value to EBIT (EV/EBIT) |
|
7.76 |
8.54 |
7.45 |
3.26 |
4.67 |
4.14 |
6.07 |
3.92 |
6.74 |
7.72 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
11.67 |
11.31 |
10.84 |
3.79 |
5.85 |
5.00 |
7.34 |
4.91 |
8.47 |
9.81 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.56 |
7.51 |
7.79 |
3.02 |
5.38 |
4.10 |
5.49 |
2.68 |
6.90 |
8.10 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
19.48 |
11.24 |
11.81 |
30.87 |
0.00 |
8.93 |
8.79 |
4.50 |
0.00 |
7.57 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.39 |
0.27 |
0.14 |
0.13 |
0.22 |
0.21 |
0.12 |
0.08 |
0.67 |
0.46 |
Long-Term Debt to Equity |
|
0.39 |
0.15 |
0.13 |
0.11 |
0.18 |
0.15 |
0.07 |
0.03 |
0.02 |
0.46 |
Financial Leverage |
|
0.43 |
0.33 |
0.20 |
0.14 |
0.18 |
0.22 |
0.16 |
0.10 |
0.39 |
0.56 |
Leverage Ratio |
|
10.22 |
10.25 |
9.89 |
9.46 |
9.03 |
9.37 |
10.18 |
10.57 |
10.34 |
9.92 |
Compound Leverage Factor |
|
10.22 |
10.25 |
9.89 |
9.46 |
9.03 |
9.37 |
10.18 |
10.57 |
10.34 |
9.92 |
Debt to Total Capital |
|
28.18% |
21.12% |
12.43% |
11.60% |
18.34% |
17.60% |
10.73% |
7.03% |
40.10% |
31.41% |
Short-Term Debt to Total Capital |
|
0.00% |
9.44% |
1.14% |
2.15% |
3.72% |
5.02% |
4.59% |
4.66% |
38.78% |
0.00% |
Long-Term Debt to Total Capital |
|
28.18% |
11.69% |
11.29% |
9.45% |
14.62% |
12.58% |
6.14% |
2.37% |
1.32% |
31.41% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
71.82% |
78.88% |
87.57% |
88.40% |
81.66% |
82.40% |
89.27% |
92.97% |
59.90% |
68.59% |
Debt to EBITDA |
|
1.97 |
1.34 |
0.62 |
0.62 |
1.17 |
1.37 |
0.58 |
0.28 |
2.85 |
2.09 |
Net Debt to EBITDA |
|
-0.70 |
-1.88 |
-2.31 |
-2.98 |
-2.41 |
-4.50 |
-3.25 |
-1.95 |
0.02 |
-1.04 |
Long-Term Debt to EBITDA |
|
1.97 |
0.74 |
0.56 |
0.50 |
0.93 |
0.98 |
0.33 |
0.09 |
0.09 |
2.09 |
Debt to NOPAT |
|
3.19 |
2.13 |
1.08 |
0.83 |
1.67 |
1.98 |
0.80 |
0.40 |
4.01 |
3.03 |
Net Debt to NOPAT |
|
-1.13 |
-2.97 |
-4.01 |
-3.97 |
-3.46 |
-6.52 |
-4.52 |
-2.81 |
0.02 |
-1.51 |
Long-Term Debt to NOPAT |
|
3.19 |
1.18 |
0.98 |
0.67 |
1.33 |
1.42 |
0.46 |
0.14 |
0.13 |
3.03 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
230 |
434 |
464 |
87 |
-466 |
318 |
729 |
1,230 |
-4,006 |
1,510 |
Operating Cash Flow to CapEx |
|
0.00% |
16,181.76% |
0.00% |
7,269.50% |
7,753.23% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
2.23 |
4.14 |
3.31 |
0.33 |
-1.12 |
1.46 |
8.36 |
4.47 |
-2.90 |
0.79 |
Operating Cash Flow to Interest Expense |
|
4.54 |
6.20 |
5.02 |
3.33 |
1.77 |
3.18 |
13.41 |
7.50 |
1.03 |
0.74 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.55 |
6.16 |
5.78 |
3.28 |
1.75 |
3.18 |
13.41 |
7.50 |
1.03 |
0.74 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
6.52 |
7.43 |
10.26 |
13.34 |
14.23 |
14.55 |
18.12 |
25.14 |
29.71 |
31.01 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
4,348 |
4,346 |
4,387 |
5,005 |
6,144 |
6,395 |
6,539 |
6,437 |
11,604 |
11,259 |
Invested Capital Turnover |
|
0.27 |
0.28 |
0.33 |
0.34 |
0.30 |
0.26 |
0.28 |
0.36 |
0.29 |
0.23 |
Increase / (Decrease) in Invested Capital |
|
154 |
-2.70 |
42 |
617 |
1,140 |
250 |
144 |
-102 |
5,167 |
-345 |
Enterprise Value (EV) |
|
4,488 |
4,884 |
5,478 |
2,670 |
3,944 |
2,838 |
6,410 |
5,533 |
9,838 |
11,435 |
Market Capitalization |
|
4,924 |
6,168 |
7,506 |
5,462 |
6,274 |
6,540 |
10,358 |
8,702 |
9,810 |
13,198 |
Book Value per Share |
|
$21.70 |
$23.78 |
$26.58 |
$30.52 |
$34.46 |
$37.22 |
$41.13 |
$42.46 |
$49.32 |
$55.71 |
Tangible Book Value per Share |
|
$17.09 |
$19.24 |
$22.21 |
$26.03 |
$29.84 |
$32.42 |
$37.85 |
$39.16 |
$46.02 |
$52.35 |
Total Capital |
|
4,348 |
4,346 |
4,387 |
5,005 |
6,144 |
6,395 |
6,539 |
6,437 |
11,604 |
11,259 |
Total Debt |
|
1,226 |
918 |
545 |
581 |
1,127 |
1,125 |
701 |
452 |
4,653 |
3,536 |
Total Long-Term Debt |
|
1,226 |
508 |
495 |
473 |
898 |
804 |
401 |
152 |
153 |
3,536 |
Net Debt |
|
-435 |
-1,284 |
-2,028 |
-2,792 |
-2,330 |
-3,702 |
-3,948 |
-3,168 |
28 |
-1,763 |
Capital Expenditures (CapEx) |
|
-0.58 |
4.02 |
-106 |
12 |
9.46 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,226 |
918 |
545 |
581 |
1,127 |
1,125 |
701 |
452 |
4,653 |
3,536 |
Total Depreciation and Amortization (D&A) |
|
44 |
112 |
143 |
119 |
122 |
138 |
157 |
217 |
174 |
212 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.67 |
$3.00 |
$3.50 |
$4.86 |
$4.63 |
$3.99 |
$6.16 |
$7.98 |
$8.23 |
$8.39 |
Adjusted Weighted Average Basic Shares Outstanding |
|
143.82M |
144.09M |
144.44M |
144.86M |
145.50M |
142.34M |
141.83M |
141.33M |
141.16M |
138.90M |
Adjusted Diluted Earnings per Share |
|
$2.66 |
$2.97 |
$3.47 |
$4.81 |
$4.61 |
$3.97 |
$6.10 |
$7.92 |
$8.18 |
$8.33 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
144.51M |
145.17M |
145.91M |
146.17M |
146.18M |
142.99M |
143.14M |
142.49M |
141.90M |
139.96M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.63 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
143.92M |
144.17M |
144.54M |
145.15M |
145.63M |
141.57M |
141.91M |
141.00M |
140.03M |
138.44M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
399 |
432 |
506 |
704 |
674 |
568 |
873 |
1,128 |
1,161 |
1,166 |
Normalized NOPAT Margin |
|
35.21% |
35.53% |
35.04% |
43.87% |
39.88% |
35.21% |
48.03% |
48.12% |
44.53% |
44.59% |
Pre Tax Income Margin |
|
51.04% |
47.10% |
50.95% |
51.04% |
49.93% |
42.52% |
58.12% |
60.21% |
55.98% |
56.69% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.60 |
5.46 |
5.25 |
3.09 |
2.04 |
3.15 |
12.12 |
5.13 |
1.06 |
0.77 |
NOPAT to Interest Expense |
|
3.72 |
4.12 |
3.61 |
2.65 |
1.63 |
2.61 |
10.02 |
4.10 |
0.84 |
0.61 |
EBIT Less CapEx to Interest Expense |
|
5.60 |
5.42 |
6.01 |
3.04 |
2.01 |
3.15 |
12.12 |
5.13 |
1.06 |
0.77 |
NOPAT Less CapEx to Interest Expense |
|
3.73 |
4.08 |
4.37 |
2.61 |
1.60 |
2.61 |
10.02 |
4.10 |
0.84 |
0.61 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
30.06% |
26.83% |
23.10% |
17.90% |
23.01% |
27.87% |
21.62% |
20.25% |
23.64% |
26.47% |
Augmented Payout Ratio |
|
30.06% |
26.83% |
23.10% |
17.90% |
23.01% |
53.57% |
21.62% |
29.11% |
30.72% |
38.74% |
Quarterly Metrics And Ratios for East West Bancorp
This table displays calculated financial ratios and metrics derived from East West Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
33.82% |
40.50% |
33.21% |
17.04% |
3.22% |
-2.34% |
-2.38% |
-1.16% |
1.53% |
3.01% |
EBITDA Growth |
|
29.74% |
56.40% |
33.66% |
14.08% |
-1.35% |
-31.06% |
-5.69% |
-1.49% |
4.03% |
22.02% |
EBIT Growth |
|
40.58% |
40.15% |
41.45% |
4.85% |
-8.02% |
-15.73% |
-11.66% |
1.92% |
10.12% |
8.74% |
NOPAT Growth |
|
31.00% |
54.62% |
35.68% |
20.79% |
-2.57% |
-29.04% |
-11.59% |
-7.63% |
3.97% |
22.67% |
Net Income Growth |
|
31.00% |
54.62% |
35.68% |
20.79% |
-2.57% |
-29.04% |
-11.59% |
-7.63% |
3.97% |
22.67% |
EPS Growth |
|
32.48% |
55.92% |
36.75% |
21.55% |
-2.88% |
-28.69% |
-10.57% |
-6.36% |
5.94% |
24.26% |
Operating Cash Flow Growth |
|
100.97% |
6.39% |
-22.03% |
-60.06% |
-44.22% |
24.93% |
19.44% |
0.88% |
0.71% |
-10.96% |
Free Cash Flow Firm Growth |
|
-103.97% |
494.02% |
-1,208.90% |
-9,940.39% |
-6,507.17% |
-1,224.32% |
115.15% |
115.32% |
108.27% |
112.95% |
Invested Capital Growth |
|
5.62% |
-1.55% |
75.94% |
69.72% |
66.66% |
80.27% |
-3.49% |
-3.27% |
-0.44% |
-2.97% |
Revenue Q/Q Growth |
|
13.78% |
6.87% |
-1.58% |
-2.19% |
0.34% |
1.11% |
-1.62% |
-0.97% |
3.07% |
2.58% |
EBITDA Q/Q Growth |
|
13.18% |
17.59% |
-3.59% |
-5.31% |
-2.12% |
-17.83% |
34.21% |
-1.10% |
3.37% |
-3.61% |
EBIT Q/Q Growth |
|
12.71% |
1.02% |
8.52% |
-15.14% |
-1.13% |
-7.44% |
13.76% |
-2.09% |
6.82% |
-8.60% |
NOPAT Q/Q Growth |
|
14.33% |
14.03% |
-4.25% |
-3.23% |
-7.79% |
-16.95% |
19.30% |
1.11% |
3.79% |
-2.02% |
Net Income Q/Q Growth |
|
14.33% |
14.03% |
-4.25% |
-3.23% |
-7.79% |
-16.95% |
19.30% |
1.11% |
3.79% |
-2.02% |
EPS Q/Q Growth |
|
14.92% |
13.94% |
-4.22% |
-3.08% |
-8.18% |
-16.34% |
20.12% |
1.48% |
3.88% |
-1.87% |
Operating Cash Flow Q/Q Growth |
|
6.87% |
-34.59% |
-50.42% |
15.25% |
49.25% |
46.50% |
-52.60% |
-2.65% |
48.98% |
29.53% |
Free Cash Flow Firm Q/Q Growth |
|
-50.47% |
787.52% |
-1,105.95% |
3.52% |
0.98% |
-16.99% |
113.56% |
-2.46% |
-46.54% |
83.12% |
Invested Capital Q/Q Growth |
|
3.07% |
-4.64% |
70.29% |
1.39% |
1.22% |
3.15% |
-8.83% |
1.63% |
4.18% |
0.52% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
67.31% |
74.07% |
68.12% |
65.95% |
64.33% |
52.28% |
65.81% |
65.72% |
65.91% |
61.93% |
EBIT Margin |
|
61.27% |
57.92% |
63.86% |
55.41% |
54.60% |
49.98% |
57.79% |
57.14% |
59.21% |
52.76% |
Profit (Net Income) Margin |
|
47.08% |
50.23% |
48.87% |
48.35% |
44.43% |
36.50% |
44.26% |
45.18% |
45.50% |
43.46% |
Tax Burden Percent |
|
76.83% |
86.72% |
76.52% |
87.26% |
81.39% |
73.02% |
76.58% |
79.08% |
76.84% |
82.38% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
23.17% |
13.28% |
23.48% |
12.74% |
18.61% |
26.98% |
23.42% |
20.92% |
23.16% |
17.62% |
Return on Invested Capital (ROIC) |
|
15.41% |
18.15% |
14.26% |
14.25% |
12.95% |
10.55% |
10.65% |
10.68% |
10.52% |
9.94% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
15.41% |
18.15% |
14.26% |
14.25% |
12.95% |
10.55% |
10.65% |
10.68% |
10.52% |
9.94% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.43% |
1.77% |
6.15% |
6.60% |
6.07% |
4.16% |
6.56% |
6.40% |
6.04% |
5.55% |
Return on Equity (ROE) |
|
17.84% |
19.92% |
20.41% |
20.85% |
19.02% |
14.71% |
17.21% |
17.08% |
16.55% |
15.48% |
Cash Return on Invested Capital (CROIC) |
|
9.89% |
18.95% |
-40.93% |
-37.36% |
-36.01% |
-44.41% |
13.99% |
13.39% |
10.34% |
13.21% |
Operating Return on Assets (OROA) |
|
2.13% |
2.17% |
2.47% |
2.20% |
2.19% |
1.95% |
2.17% |
2.09% |
2.15% |
1.89% |
Return on Assets (ROA) |
|
1.64% |
1.88% |
1.89% |
1.92% |
1.78% |
1.42% |
1.66% |
1.66% |
1.65% |
1.56% |
Return on Common Equity (ROCE) |
|
17.84% |
19.92% |
20.41% |
20.85% |
19.02% |
14.71% |
17.21% |
17.08% |
16.55% |
15.48% |
Return on Equity Simple (ROE_SIMPLE) |
|
17.83% |
0.00% |
19.22% |
19.60% |
19.08% |
0.00% |
16.00% |
15.25% |
14.50% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
NOPAT Margin |
|
47.08% |
50.23% |
48.87% |
48.35% |
44.43% |
36.50% |
44.26% |
45.18% |
45.50% |
43.46% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
23.47% |
25.05% |
23.63% |
23.51% |
23.20% |
24.11% |
26.14% |
25.08% |
24.81% |
25.34% |
Operating Expenses to Revenue |
|
34.43% |
38.35% |
33.11% |
40.56% |
38.92% |
44.37% |
38.33% |
37.06% |
34.40% |
36.86% |
Earnings before Interest and Taxes (EBIT) |
|
384 |
388 |
421 |
358 |
354 |
327 |
372 |
364 |
389 |
356 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
422 |
497 |
449 |
426 |
417 |
342 |
424 |
419 |
433 |
418 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.58 |
1.45 |
1.18 |
1.11 |
1.09 |
1.41 |
1.56 |
1.40 |
1.49 |
1.71 |
Price to Tangible Book Value (P/TBV) |
|
1.72 |
1.58 |
1.28 |
1.20 |
1.17 |
1.51 |
1.67 |
1.50 |
1.58 |
1.82 |
Price to Revenue (P/Rev) |
|
4.14 |
3.71 |
2.97 |
2.76 |
2.74 |
3.76 |
4.22 |
3.92 |
4.40 |
5.05 |
Price to Earnings (P/E) |
|
8.84 |
7.71 |
6.15 |
5.68 |
5.71 |
8.45 |
9.72 |
9.20 |
10.26 |
11.32 |
Dividend Yield |
|
2.42% |
2.59% |
3.17% |
3.46% |
3.62% |
2.76% |
2.55% |
2.83% |
2.59% |
2.31% |
Earnings Yield |
|
11.32% |
12.96% |
16.25% |
17.62% |
17.50% |
11.84% |
10.29% |
10.87% |
9.75% |
8.83% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.07 |
0.86 |
0.56 |
0.49 |
0.65 |
0.85 |
0.97 |
0.86 |
0.89 |
1.02 |
Enterprise Value to Revenue (EV/Rev) |
|
3.35 |
2.36 |
2.46 |
2.09 |
2.77 |
3.77 |
3.95 |
3.59 |
3.84 |
4.37 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
5.07 |
3.40 |
3.63 |
3.08 |
4.10 |
6.02 |
6.43 |
5.89 |
6.30 |
6.75 |
Enterprise Value to EBIT (EV/EBIT) |
|
5.55 |
3.92 |
4.02 |
3.51 |
4.78 |
6.74 |
7.26 |
6.54 |
6.86 |
7.72 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
7.15 |
4.91 |
5.09 |
4.30 |
5.77 |
8.47 |
9.12 |
8.43 |
8.96 |
9.81 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
3.54 |
2.68 |
3.08 |
3.37 |
5.54 |
6.90 |
6.98 |
6.30 |
6.76 |
8.10 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
11.09 |
4.50 |
0.00 |
0.00 |
0.00 |
0.00 |
6.80 |
6.33 |
8.58 |
7.57 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.19 |
0.08 |
0.74 |
0.72 |
0.71 |
0.67 |
0.51 |
0.49 |
0.46 |
0.46 |
Long-Term Debt to Equity |
|
0.08 |
0.03 |
0.02 |
0.02 |
0.02 |
0.02 |
0.50 |
0.49 |
0.46 |
0.46 |
Financial Leverage |
|
0.16 |
0.10 |
0.43 |
0.46 |
0.47 |
0.39 |
0.62 |
0.60 |
0.57 |
0.56 |
Leverage Ratio |
|
10.88 |
10.57 |
10.78 |
10.85 |
10.68 |
10.34 |
10.36 |
10.31 |
10.01 |
9.92 |
Compound Leverage Factor |
|
10.88 |
10.57 |
10.78 |
10.85 |
10.68 |
10.34 |
10.36 |
10.31 |
10.01 |
9.92 |
Debt to Total Capital |
|
16.14% |
7.03% |
42.44% |
41.86% |
41.36% |
40.10% |
33.61% |
32.89% |
31.57% |
31.41% |
Short-Term Debt to Total Capital |
|
9.06% |
4.66% |
41.05% |
40.49% |
40.00% |
38.78% |
0.18% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
7.07% |
2.37% |
1.39% |
1.38% |
1.36% |
1.32% |
33.43% |
32.89% |
31.57% |
31.41% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
83.86% |
92.97% |
57.56% |
58.14% |
58.64% |
59.90% |
66.39% |
67.11% |
68.43% |
68.59% |
Debt to EBITDA |
|
0.77 |
0.28 |
2.74 |
2.63 |
2.62 |
2.85 |
2.23 |
2.25 |
2.24 |
2.09 |
Net Debt to EBITDA |
|
-1.20 |
-1.95 |
-0.76 |
-0.98 |
0.04 |
0.02 |
-0.43 |
-0.54 |
-0.91 |
-1.04 |
Long-Term Debt to EBITDA |
|
0.34 |
0.09 |
0.09 |
0.09 |
0.09 |
0.09 |
2.22 |
2.25 |
2.24 |
2.09 |
Debt to NOPAT |
|
1.08 |
0.40 |
3.84 |
3.67 |
3.70 |
4.01 |
3.16 |
3.21 |
3.18 |
3.03 |
Net Debt to NOPAT |
|
-1.69 |
-2.81 |
-1.07 |
-1.38 |
0.06 |
0.02 |
-0.60 |
-0.78 |
-1.30 |
-1.51 |
Long-Term Debt to NOPAT |
|
0.47 |
0.14 |
0.13 |
0.12 |
0.12 |
0.13 |
3.15 |
3.21 |
3.18 |
3.03 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-64 |
438 |
-4,409 |
-4,254 |
-4,212 |
-4,928 |
668 |
652 |
348 |
638 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-0.83 |
2.81 |
-18.71 |
-12.53 |
-10.77 |
-11.86 |
1.46 |
1.35 |
0.69 |
1.35 |
Operating Cash Flow to Interest Expense |
|
8.99 |
2.89 |
0.95 |
0.76 |
0.98 |
1.35 |
0.58 |
0.54 |
0.77 |
1.06 |
Operating Cash Flow Less CapEx to Interest Expense |
|
8.99 |
2.89 |
0.95 |
0.76 |
0.98 |
1.35 |
0.58 |
0.54 |
0.77 |
1.06 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
22.82 |
25.14 |
26.96 |
28.47 |
29.23 |
29.71 |
29.76 |
30.29 |
30.78 |
31.01 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
6,750 |
6,437 |
10,962 |
11,115 |
11,250 |
11,604 |
10,579 |
10,751 |
11,201 |
11,259 |
Invested Capital Turnover |
|
0.33 |
0.36 |
0.29 |
0.29 |
0.29 |
0.29 |
0.24 |
0.24 |
0.23 |
0.23 |
Increase / (Decrease) in Invested Capital |
|
359 |
-102 |
4,731 |
4,566 |
4,500 |
5,167 |
-383 |
-363 |
-49 |
-345 |
Enterprise Value (EV) |
|
7,212 |
5,533 |
6,170 |
5,446 |
7,268 |
9,838 |
10,245 |
9,268 |
9,963 |
11,435 |
Market Capitalization |
|
8,916 |
8,702 |
7,462 |
7,188 |
7,193 |
9,810 |
10,924 |
10,122 |
11,403 |
13,198 |
Book Value per Share |
|
$40.17 |
$42.46 |
$44.75 |
$45.68 |
$46.63 |
$49.32 |
$50.16 |
$51.85 |
$55.30 |
$55.71 |
Tangible Book Value per Share |
|
$36.87 |
$39.16 |
$41.44 |
$42.39 |
$43.33 |
$46.02 |
$46.83 |
$48.51 |
$51.94 |
$52.35 |
Total Capital |
|
6,750 |
6,437 |
10,962 |
11,115 |
11,250 |
11,604 |
10,579 |
10,751 |
11,201 |
11,259 |
Total Debt |
|
1,089 |
452 |
4,652 |
4,653 |
4,653 |
4,653 |
3,556 |
3,536 |
3,536 |
3,536 |
Total Long-Term Debt |
|
478 |
152 |
152 |
153 |
153 |
153 |
3,536 |
3,536 |
3,536 |
3,536 |
Net Debt |
|
-1,705 |
-3,168 |
-1,292 |
-1,742 |
75 |
28 |
-680 |
-854 |
-1,440 |
-1,763 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,089 |
452 |
4,652 |
4,653 |
4,653 |
4,653 |
3,556 |
3,536 |
3,536 |
3,536 |
Total Depreciation and Amortization (D&A) |
|
38 |
108 |
28 |
68 |
63 |
15 |
52 |
55 |
44 |
62 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.10 |
$2.38 |
$2.28 |
$2.21 |
$2.03 |
$1.71 |
$2.04 |
$2.07 |
$2.16 |
$2.12 |
Adjusted Weighted Average Basic Shares Outstanding |
|
140.92M |
141.33M |
141.11M |
141.47M |
141.49M |
141.16M |
139.41M |
138.98M |
138.61M |
138.90M |
Adjusted Diluted Earnings per Share |
|
$2.08 |
$2.37 |
$2.27 |
$2.20 |
$2.02 |
$1.69 |
$2.03 |
$2.06 |
$2.14 |
$2.10 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
142.01M |
142.49M |
141.91M |
141.88M |
142.12M |
141.90M |
140.26M |
139.80M |
139.65M |
139.96M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
140.95M |
141.00M |
141.46M |
141.48M |
140.93M |
140.03M |
139.14M |
138.61M |
138.63M |
138.44M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
295 |
337 |
322 |
312 |
288 |
239 |
285 |
288 |
299 |
293 |
Normalized NOPAT Margin |
|
47.08% |
50.23% |
48.87% |
48.35% |
44.43% |
36.50% |
44.26% |
45.18% |
45.50% |
43.46% |
Pre Tax Income Margin |
|
61.27% |
57.92% |
63.86% |
55.41% |
54.60% |
49.98% |
57.79% |
57.14% |
59.21% |
52.76% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.03 |
2.49 |
1.79 |
1.05 |
0.90 |
0.79 |
0.81 |
0.76 |
0.77 |
0.75 |
NOPAT to Interest Expense |
|
3.86 |
2.16 |
1.37 |
0.92 |
0.74 |
0.58 |
0.62 |
0.60 |
0.59 |
0.62 |
EBIT Less CapEx to Interest Expense |
|
5.03 |
2.49 |
1.79 |
1.05 |
0.90 |
0.79 |
0.81 |
0.76 |
0.77 |
0.75 |
NOPAT Less CapEx to Interest Expense |
|
3.86 |
2.16 |
1.37 |
0.92 |
0.74 |
0.58 |
0.62 |
0.60 |
0.59 |
0.62 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
21.69% |
20.25% |
19.81% |
19.87% |
20.91% |
23.64% |
25.19% |
26.50% |
26.98% |
26.47% |
Augmented Payout Ratio |
|
31.60% |
29.11% |
19.81% |
19.87% |
20.91% |
30.72% |
39.84% |
45.17% |
45.46% |
38.74% |
Key Financial Trends
East West Bancorp delivered solid year‐over‐year growth in Q4 2024, with net income of $293.1 million, up 22.7% from Q4 2023. The bank’s book value per share climbed to $55.71, and return on equity reached 15.5%, reflecting improved profitability and capital strength. Strong operating cash flow and a positive turn in free cash flow to firm signal healthy cash generation and liquidity deployment.
However, rising credit costs and funding expenses are key headwinds. The provision for credit losses increased to $70 million, and interest expense climbed to $471.6 million in Q4 2024, putting pressure on net interest margins. Non‐interest expenses remain elevated, weighing on overall efficiency.
- Book value per share rose to $55.71 in Q4 2024, +13% y/y, supporting tangible capital strength.
- Return on equity increased to ~15.5% in Q4 2024 from 14.7% a year earlier, reflecting higher profitability.
- Net income grew 22.7% y/y to $293.1 million in Q4 2024, driven by net interest income growth.
- Free cash flow to firm turned positive at $637.9 million in Q4 2024 vs –$4.93 billion in Q4 2023, marking a major turnaround.
- Operating cash flow remained strong at $500.8 million in Q4 2024, supporting liquidity.
- Purchased $2.093 billion of investment securities in Q4 2024, reflecting deployment of excess liquidity.
- Debt to EBITDA at ~2.09× in Q4 2024, in line with historical leverage levels.
- Provision for credit losses jumped to $70 million in Q4 2024, up from $25 million in Q4 2022, signaling higher credit costs.
- Interest expense climbed to $471.6 million in Q4 2024, pressuring net interest margin amid rising funding costs.
- Non‐interest expenses remained elevated at $248.6 million in Q4 2024, limiting efficiency gains.
07/14/25 04:11 AMAI Generated. May Contain Errors.