secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001069157-21-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp Q2 net income $224.7M, EPS $1.57; loans $40.1B, deposits $52.6B
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- Net income $224.7M ($1.57 diluted EPS); ROAA 1.56%, ROAE 16.6%.
- Total loans record $40.1B; total deposits record $52.6B with 41% noninterest-bearing demand deposits.
- Adjusted pre-tax pre-provision income grew 33% annualized QoQ; adjusted PTPP profitability 2.0%.
- Asset quality improved: criticized loans -15% QoQ, net charge-offs 0.13%, NPA ratio 0.38%.
- Negative $15M provision for credit losses; PPP-excluded loans grew 12% annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915721000068/0001069157-21-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915721000068/ewbc-20210722.htm
  HTML page:      https://secwatch.observer/filing/0001069157-21-000068

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