secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001069157-22-000073
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 Q2 net income $258M, EPS $1.81; record NII $473M, NIM up 36bp to 3.23%
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- Diluted EPS of $1.81, up 38% linked quarter annualized and 15% YoY; net income $258.3M.
- Record net interest income of $473M, up 55% linked quarter annualized; NIM expanded 36bp to 3.23%.
- Average total loans grew $2.5B to $44.6B with broad-based growth; noninterest-bearing demand deposits 44% of deposits.
- Adjusted pre-tax pre-provision income grew 62% linked quarter annualized to $370M; ROA 1.66%, ROE 18.2%.
- Total revenue $551M, up 45% linked quarter annualized and 24% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000073/0001069157-22-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915722000073/ewbc-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001069157-22-000073

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