---
schema_version: "secwatch.filing_event.v1"
accession: "0001069157-23-000038"
form_type: "8-K"
ticker: "EWBC"
cik: "0001069157"
company_name: "EAST WEST BANCORP INC"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:08:31.442169+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# East West Bancorp Q1 net income $322M, diluted EPS $2.27 (+37% YoY); loans hit record $48.9B

## Summary
- Q1 net income $322.4M ($2.27 diluted EPS), up 37% YoY from $1.66.
- Total loans reached record $48.9B, up 12.5% YoY; net interest margin 3.96%.
- Return on avg assets 2.01%, ROATCE 22.94%; net charge-offs annualized 0.01%.
- Total deposits $54.7B, down slightly; total capital ratio expanded to 14.5%.
- CEO cited industry-leading profitability and strong capital despite market disruption.

## SEC filing metadata
- accession: 0001069157-23-000038
- form_type: 8-K
- ticker: EWBC
- cik: 0001069157
- company_name: EAST WEST BANCORP INC
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000038/0001069157-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000038/ewbc-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069157-23-000038
- JSON: https://secwatch.observer/filing/0001069157-23-000038.json
- Plain text: https://secwatch.observer/filing/0001069157-23-000038.txt

## Key facts
- Earnings Releases
  EAST WEST BANCORP INC reported the first quarter of 2023 results: net income $322.4 million, EPS $2.27 per diluted share.
  - Period: the first quarter of 2023
  - Net income: $322.4 million
  - EPS: $2.27 per diluted share
  - Result: reported results
  source text: First quarter 2023 net income was $322.4 million, or $2.27 per diluted share, up from $237.7 million, or $1.66 per diluted share in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000038/0001069157-23-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.