East West Bancorp, Inc. (EWBC) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,0183,2613,0012,1751,8791,6611,379
Cash and cash equivalents4,0183,2613,0012,1751,8791,3611,040
Short-term investments     300339
Disposal group, including discontinued operation      46
Total current assets:4,0183,2613,0012,1751,8791,6611,425
Noncurrent Assets
Operating lease, right-of-use asset95100
Property, plant and equipment103118119121160167181
Intangible assets, net (including goodwill)466466466469497506515
Goodwill466466466469469469469
Intangible assets, net (excluding goodwill)    283645
Amortization method qualified affordable housing project investments214207185163184194
Total noncurrent assets:878891770753841866696
Other undisclosed assets47,26140,04437,27134,22232,06929,82426,618
TOTAL ASSETS:52,15744,19641,04237,15034,78932,35128,738
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt32129585060 795
Total current liabilities:32129585060 795
Noncurrent Liabilities
Long-term debt and lease obligation, including:152152     
Other undisclosed long-term debt and lease obligation152152     
Liabilities, other than long-term debt778081565762 
Qualified affordable housing project investments, commitment778081565762
Total noncurrent liabilities:22923381565762 
Other undisclosed liabilities46,33838,91736,48033,20231,24429,16625,092
Total liabilities:46,88839,17836,61833,30831,36129,22825,887
Stockholders' equity
Stockholders' equity attributable to parent5,2695,0184,4243,8423,4283,1232,851
Common stock0000000
Treasury stock, value(634)(480)(468)(452)(439)(436)(430)
Additional paid in capital1,8581,8261,7901,7551,7271,7011,678
Accumulated other comprehensive income (loss)44(18)(58)(38)(48)(15)4
Retained earnings4,0003,6893,1602,5762,1881,8731,599
Total stockholders' equity:5,2695,0184,4243,8423,4283,1232,851
TOTAL LIABILITIES AND EQUITY:52,15744,19641,04237,15034,78932,35128,738

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,4941,8161,5941,2771,1501,1261,170
Net investment income1,4901,8121,5881,2311,0669881,080
Cost of revenue(211)(99)(64)(46)(27)(14)(49)
Provision for loan, lease, and other losses(211)(99)(64)
Financial services costs(46)(27)(14)(49)
Gross profit:1,2831,7171,5301,2311,1231,1121,120
Operating expenses(96)(101)(64)(368)(407)(377)(404)
Other operating income, net
(Noninterest Income, Other Operating Income)
14111119302819
Operating income:1,2011,6271,476882746763736
Nonoperating income   89922
Investment income, nonoperating   810 11
Foreign currency transaction gain, before tax      11
Profit (loss) from real estate operations    (1)9 
Interest and debt expense(218)(414)(265)(140)(105)(125)(113)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (68)(230)
Income from continuing operations before equity method investments, income taxes:9831,2121,211750650579415
Other undisclosed loss from continuing operations before income taxes(297)(368)(392)(15)(78)  
Income from continuing operations before income taxes:686844819735572579415
Income tax expense(118)(170)(115)(229)(141)(194)(73)
Net income available to common stockholders, basic:568674704506432385342
Other undisclosed net loss available to common stockholders, diluted     (0)(0)
Net income available to common stockholders, diluted:568674704506432385342

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:568674704506432385342
Other comprehensive income (loss)     (19)35
Comprehensive income:568674704506432365377
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6340(14)11(33)  
Comprehensive income, net of tax, attributable to parent:631714689516398365377

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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