secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001069157-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915723000038/0001069157-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915723000038/ewbc-20230420.htm
  HTML page:      https://secwatch.observer/filing/0001069157-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer