secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001069157-21-000078
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp Q3 2021 net income $225M, EPS $1.57; loans and deposits at records
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- Net income $225.4M, diluted EPS $1.57; ROAA 1.46%, ROAE 15.75%.
- Total loans (ex-PPP) grew 11% annualized QoQ to $39.7B; total deposits up 28% YoY to $53.4B.
- Noninterest-bearing deposits reached 43% of total vs 36% a year ago; revenue up 24% YoY.
- Adjusted pre-tax pre-provision income $302M, up 26% annualized QoQ and 78% YoY.
- Return on average tangible equity 17.25%; strong expense discipline maintained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915721000078/0001069157-21-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915721000078/ewbc-20211021.htm
  HTML page:      https://secwatch.observer/filing/0001069157-21-000078

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