other material
confidence high
sentiment positive
materiality 0.75
East West Bancorp reiterates capital strength; deposits $55.3B, no crypto exposure
EAST WEST BANCORP INC
- Total deposits $55.3B as of March 10, 2023, down $0.7B from year-end due to planned brokered-deposit reduction.
- Tangible common equity ratio 8.7% vs. peer medians of 6.3% (money-center) and 6.7% (regional/smaller banks).
- CET1 ratio 12.7%, total capital ratio 14.0%; all capital ratios expanded QoQ in Q4 2022.
- Available unused borrowing capacity $28B, equal to over 50% of total deposits.
- Nonperforming assets 16 bps of total assets; no change in credit metrics since year-end.