secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001069157-22-000042
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 Q1 net income $238M, EPS $1.66; record loans $43.5B and deposits $54.9B
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- Net income $237.7M, diluted EPS $1.66, up 37% linked quarter annualized and 16% YoY.
- Net interest margin expanded 14 bps to 2.87%; adjusted pre-tax pre-provision income $320.3M.
- Total loans reached record $43.5B; excluding PPP, grew $2.0B (20% annualized linked quarter).
- Total deposits record $54.9B, up $1.6B (12% annualized); demand deposits 45% of deposits.
- Return on assets 1.56% (+17 bps), return on equity 16.5% (+157 bps) sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000042/0001069157-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000042/ewbc-20220421.htm
  HTML page:      https://secwatch.observer/filing/0001069157-22-000042

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