---
schema_version: "secwatch.filing_event.v1"
accession: "0001069157-23-000090"
form_type: "8-K"
ticker: "EWBC"
cik: "0001069157"
company_name: "EAST WEST BANCORP INC"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:22:11.718396+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# East West Bancorp Q2 net income $312M, EPS $2.20, up 21% YoY; loans and deposits grow 7% linked quarter annualized

## Summary
- Net income of $312.0M and diluted EPS of $2.20, both up 21% YoY from $258.3M and $1.81.
- Total loans $49.8B (+7% YoY); deposits $55.7B (+2% YoY); net interest margin 3.55%.
- Return on avg. assets 1.85%; return on avg. tangible common equity 21.01%; net charge-offs 0.06% annualized.
- Tangible common equity ratio 8.80%; CET1 capital ratio 13.17% as of June 30, 2023.
- CEO Dominic Ng cited strong balance sheet and growth opportunities for continued shareholder returns.

## SEC filing metadata
- accession: 0001069157-23-000090
- form_type: 8-K
- ticker: EWBC
- cik: 0001069157
- company_name: EAST WEST BANCORP INC
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000090/0001069157-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000090/ewbc-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069157-23-000090
- JSON: https://secwatch.observer/filing/0001069157-23-000090.json
- Plain text: https://secwatch.observer/filing/0001069157-23-000090.txt

## Key facts
- Earnings Releases
  EAST WEST BANCORP INC reported the quarter ended June 30, 2023 results: revenue $645, net income 312, EPS $2.20.
  - Period: the quarter ended June 30, 2023
  - Revenue: $645
  - Net income: 312
  - EPS: $2.20
  - Result: reported results
  source text: FINANCIAL HIGHLIGHTS Quarter Ended Quarter Ended Year-over-Year Change ($ in millions, except per share data) June 30, 2023 June 30, 2022 $ % Total Loans $49,831 $46,531 $3,301 7% Total Deposits 55,659 54,343 1,315 2 Total Revenue $645 $551 $94 17% Adj. Pre-tax, Pre-provision Income 2 440 370 70 19 Net Income 312 258 54 21 Diluted Earnings per Share $2.20 $1.81 $0.39 21%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069157/000106915723000090/0001069157-23-000090-index.htm

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