Company Quick10K Filing
East West Bancorp
10-K 2019-12-31 Filed 2020-02-27
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-K 2018-12-31 Filed 2019-02-27
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-08
10-K 2017-12-31 Filed 2018-02-27
10-Q 2017-09-30 Filed 2017-11-07
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-02-27
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-11-09
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-03
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-09
10-K 2012-12-31 Filed 2013-02-28
10-Q 2012-09-30 Filed 2012-11-07
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-09
10-K 2011-12-31 Filed 2012-02-29
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-09
10-K 2010-12-31 Filed 2011-03-01
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-10
10-K 2009-12-31 Filed 2010-03-01
8-K 2020-03-03 Other Events, Exhibits
8-K 2020-01-23 Earnings, Regulation FD, Exhibits
8-K 2019-10-27 Officers, Exhibits
8-K 2019-10-17
8-K 2019-07-18 Earnings, Regulation FD, Exhibits
8-K 2019-05-21 Shareholder Vote
8-K 2019-04-18 Earnings, Regulation FD, Exhibits
8-K 2019-01-24 Earnings, Regulation FD, Exhibits
8-K 2018-10-18 Earnings, Regulation FD, Exhibits
8-K 2018-08-09 Officers, Exhibits
8-K 2018-07-19 Earnings, Regulation FD, Exhibits
8-K 2018-05-29 Other Events, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-04-24 Other Events
8-K 2018-04-19 Earnings, Regulation FD, Exhibits
8-K 2018-01-25 Earnings, Regulation FD, Exhibits

East West Bancorp Financials

EWBC Metrics, Comps, Filings

Quarterly | Annual

Business

East West Bancorp, Inc. (referred to herein on an unconsolidated basis as "East West" and on a consolidated basis as the "Company", "we", or "EWBC") is a bank holding company incorporated in Delaware on August 26, 1998 and is registered under the Bank Holding Company Act of 1956, as amended ("BHC Act"). The Company commenced business on December 30, 1998 when, pursuant to a reorganization, it acquired all of the voting stock of East West Bank (the "Bank"), which became its principal asset. In addition to the Bank, East West has six subsidiaries as of December 31, 2018 that were established as statutory business trusts for the purpose of issuing junior subordinated debt to third party investors. East West also owns East West Insurance Services, Inc. ("EWIS"). In the third quarter of 2017, the Company sold the insurance brokerage business of EWIS for $4.3 million, and recorded a pre-tax gain of $3.8 million. EWIS remains a subsidiary of East West and continues to maintain its insurance broker license.

East West's principal business is to serve as a holding company for the Bank and other banking or banking-related subsidiaries that East West may establish or acquire. As a legal entity separate and distinct from its subsidiaries, East West's principal source of funds is, and will continue to be, dividends that may be paid by its subsidiaries. As of December 31, 2018, the Company had $41.04 billion in total assets, $32.07 billion in total loans (including loans held-for-sale, net of allowance), $35.44 billion in deposits and $4.42 billion in total stockholders' equity.

As of December 31, 2018, the Bank has three wholly-owned subsidiaries. The first subsidiary, E-W Services, Inc., is a California corporation organized by the Bank in 1977 to hold properties used by the Bank in its operations. The second subsidiary, East-West Investment, Inc., primarily acts as a trustee in connection with real estate secured loans. The remaining subsidiary is East West Bank (China) Limited, a banking subsidiary in China.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Zions Bancorporation (ZION) 8,379 0% 6.4 1% 70,361 62,852 1,500 0 859 1,511 9,621
East West Bancorp (EWBC) 6,663 0% 2.8 2% 43,275 38,392 42 0 659 1,336 3,773
Cullen/Frost Bankers (CFR) 5,632 0% 10.4 1% 33,098 29,217 1,022 0 340 541 5,632
BOK Financial (BOKF) 6,051 6.0 1% 43,127 38,290 0 0 391 810 4,824
Synovus Financial (SNV) 5,313 6.0 1% 47,661 42,792 0 0 517 1,050 6,284
Popular (BPOP) 5,286 5.2 1% 52,480 46,572 0 0 504 913 4,778
First Citizens Bancshares (FCNCA) 5,339 12.3 1% 37,748 34,180 0 0 355 421 5,162
CIT Group (CIT) 4,455 6.0 1% 51,403 45,370 0 0 491 1,499 9,053
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
First Horizon National (FHN) 5,154 0% 4.9 1% 43,718 38,722 1,333 0 331 750 3,658
Prosperity Bancshares (PB) 4,935 11.1 1% 22,093 17,966 0 0 246 406 4,514
PacWest Bancorp (PACW) 4,294 0% 5.7 2% 26,725 21,805 1,042 0 466 839 4,811
Western Alliance (WAL) 4,743 4.9 2% 26,324 23,401 0 0 492 785 3,871
Pinnacle Financial Partners (PNFP) 4,351 6.2 1% 27,548 23,253 0 0 400 702 4,351
Sterling Bancorp (STL) 4,168 0% 8.0 1% 30,078 25,557 20 0 435 852 6,797
Webster Financial (WBS) 4,189 0% 6.4 1% 29,895 26,743 157 0 391 688 4,435
First Financial (FFIN) 4,548 26.5 2% 8,114 6,909 0 0 123 172 4,548
Wintrust Financial (WTFC) 3,774 0% 4.3 1% 34,912 31,372 1,088 0 349 780 3,325
Iberiabank (IBKC) 4,053 7.1 1% 31,735 27,451 0 0 302 636 4,516
FNB (FNB) 3,714 5.7 1% 34,329 29,509 0 0 392 778 4,445

Balance Sheet ($MM)2011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1,4931,5981,1061,6362,4301,8161,7371,0501,3228961,8851,2461,1161,0401,8861,8781,8761,3612,2651,5931,6671,8792,4352,7521,7372,1752,3152,2972,2193,0013,7853,6223,042
Accounts Receivable
Inventory
PP&E134178177179180181177180256247259183182181176173170167165163162160128128131121120122120119124121121
Assets21,14721,87321,81321,75021,52621,81323,10223,30824,49924,73027,40127,55728,48128,73829,90730,06431,12032,35133,10932,95233,25534,78935,34235,91836,30837,15037,69338,07339,07341,04242,09142,89243,275
Accounts Payable
Long-Term Debt236225214212212137137137187227241236231226221216211206201196191186181176177172167162157147152153152
Liabilities18,98919,64319,55219,46619,23119,49520,75921,05022,18722,36624,77724,85625,71325,88726,96827,05928,04929,22829,89229,65529,87731,36131,77632,24732,52633,30833,71433,95934,82836,61837,50038,15838,392
Stockholders' Equity2,1582,2292,2612,2832,2952,3182,3432,2582,3122,3642,6242,7012,7682,8512,9393,0053,0713,1233,2173,2973,3783,4283,5663,6703,7823,8423,9794,1144,2454,4244,5924,7354,883
Income Statement ($MM)2011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue131513131415
Cost of Revenue
Gross Profit
R&D
SG&A
Tax31353540162343490362571151592047464557374013505839438925573432317335
Net Income566162687171727473767784899310099949210810311011117011813385187172171173164150171
Cash Flow ($MM)2011-03-312011-06-302011-09-302012-03-312012-06-302012-09-302013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating158182-14160-341318077134135361119615012616413248184881462241851953221821725813915199
Cash Investing-354-486-375424923-926-158-976-969-632-74-667-1,232-387-397-401-878-1,951331-380-424-1,319-212-431-434-1,040-435-1,179-119-878-872
Cash Financing35641023-279-951824912121,107711,027179061611,1182297531,391390-3763521,315580548829944228861749579205