East West Bancorp, Inc. (EWBC) financial statements (2020 and earlier)

Company profile

Business Address 135 N. LOS ROBLES AVE. 7TH FLOOR
PASADENA, CA 91101
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,2613,0423,6223,7853,0012,2192,297
Cash and cash equivalents3,2613,0423,6223,7853,0012,2192,297
Total current assets:3,2613,0423,6223,7853,0012,2192,297
Noncurrent Assets
Operating lease, right-of-use asset100104109 
Property, plant and equipment118121121124119120122
Intangible assets, net (including goodwill)466466466466466466466
Goodwill466466466466466466466
Amortization method qualified affordable housing project investments207190198197185148153
Total noncurrent assets:891880895787770734740
Other undisclosed assets40,04439,35238,37637,51937,27136,12035,035
TOTAL ASSETS:44,19643,27542,89242,09141,04239,07338,073
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt29482040585659
Total current liabilities:29482040585659
Noncurrent Liabilities
Long-term debt and lease obligation, including:152152153152   
Other undisclosed long-term debt and lease obligation152152153152   
Liabilities, other than long-term debt80668484815052
Qualified affordable housing project investments, commitment80668484815052
Total noncurrent liabilities:233219236236815052
Other undisclosed liabilities38,91738,12637,90237,22436,48034,72233,848
Total liabilities:39,17838,39238,15837,50036,61834,82833,959
Stockholders' equity
Stockholders' equity attributable to parent5,0184,8834,7354,5924,4244,2454,114
Common stock0000000
Treasury stock, value(480)(479)(479)(479)(468)(452)(452)
Additional paid in capital1,8261,8171,8091,7991,7901,7661,755
Accumulated other comprehensive loss(18)(1)(10)(33)(58)(90)(71)
Retained earnings3,6893,5463,4153,3053,1603,0212,883
Total stockholders' equity:5,0184,8834,7354,5924,4244,2454,114
TOTAL LIABILITIES AND EQUITY:44,19643,27542,89242,09141,04239,07338,073

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues447462459448443407397
Net investment income446460459447441406384
Cost of revenue(19)(38)(19)(23)(18)(11)(16)
Provision for loan, lease, and other losses(19)(38)(19)(23)(18)(11) 
Financial services costs(16)
Gross profit:429424439425425397382
Operating expenses(26)(25)(25)(25)(24)(21)(121)
Other operating income, net
(Noninterest Income, Other Operating Income)
1343332
Operating income:403402418404404378263
Nonoperating income
(Investment Income, Nonoperating)
      0
Interest and debt expense(99)(107)(108)(101)(88)(73)(59)
Income from continuing operations before equity method investments, income taxes:304295310303316305204
Other undisclosed loss from continuing operations before income taxes(85)(88)(87)(108)(111)(100)(7)
Income from continuing operations before income taxes:219206223195205205197
Income tax expense(31)(35)(73)(31)(32)(34)(25)
Net income available to common stockholders, diluted:188171150164173171172

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:188171150164173171172
Comprehensive income:188171150164173171172
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(17)9232532(18)(16)
Comprehensive income, net of tax, attributable to parent:171180173189205153157

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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