East West Bancorp, Inc. (EWBC) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,9134,0183,2613,0012,1751,8791,661
Cash and cash equivalents3,9134,0183,2613,0012,1751,8791,361
Short-term investments      300
Total current assets:3,9134,0183,2613,0012,1751,8791,661
Noncurrent Assets
Operating lease, right-of-use asset9995100
Property, plant and equipment97103118119121160167
Intangible assets, net (including goodwill)466466466466469497506
Goodwill466466466466469469469
Intangible assets, net (excluding goodwill)     2836
Amortization method qualified affordable housing project investments290214207185163184194
Total noncurrent assets:951878891770753841866
Other undisclosed assets56,00647,26140,04437,27134,22232,06929,824
TOTAL ASSETS:60,87152,15744,19641,04237,15034,78932,351
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt30032129585060 
Total current liabilities:30032129585060 
Noncurrent Liabilities
Long-term debt and lease obligation, including:152152152    
Other undisclosed long-term debt and lease obligation152152152    
Liabilities, other than long-term debt146778081565762
Qualified affordable housing project investments, commitment146778081565762
Total noncurrent liabilities:29822923381565762
Other undisclosed liabilities54,43546,33838,91736,48033,20231,24429,166
Total liabilities:55,03346,88839,17836,61833,30831,36129,228
Stockholders' equity
Stockholders' equity attributable to parent5,8375,2695,0184,4243,8423,4283,123
Common stock0000000
Treasury stock, value(650)(634)(480)(468)(452)(439)(436)
Additional paid in capital1,8941,8581,8261,7901,7551,7271,701
Accumulated other comprehensive income (loss)(90)44(18)(58)(38)(48)(15)
Retained earnings4,6844,0003,6893,1602,5762,1881,873
Total stockholders' equity:5,8375,2695,0184,4243,8423,4283,123
TOTAL LIABILITIES AND EQUITY:60,87152,15744,19641,04237,15034,78932,351

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,4491,4941,8161,5941,2771,1501,126
Net investment income1,4401,4901,8121,5881,2311,066988
Cost of revenue (211)(99)(64)(46)(27)(14)
Provision for loan, lease, and other losses (211)(99)(64)
Financial services costs(46)(27)(14)
Gross profit:1,4491,2831,7171,5301,2311,1231,112
Operating expenses(94)(96)(101)(64)(368)(407)(377)
Other operating income, net
(Noninterest Income, Other Operating Income)
12141111193028
Operating income:1,3681,2011,6271,476882746763
Nonoperating income    899
Investment income, nonoperating    810 
Profit (loss) from real estate operations     (1)9
Interest and debt expense(87)(218)(414)(265)(140)(105)(125)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (68)
Income from continuing operations before equity method investments, income taxes:1,2809831,2121,211750650579
Other undisclosed loss from continuing operations before income taxes(224)(297)(368)(392)(15)(78) 
Income from continuing operations before income taxes:1,056686844819735572579
Income tax expense(183)(118)(170)(115)(229)(141)(194)
Net income available to common stockholders, basic:873568674704506432385
Other undisclosed net loss available to common stockholders, diluted      (0)
Net income available to common stockholders, diluted:873568674704506432385

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:873568674704506432385
Other comprehensive loss      (19)
Comprehensive income:873568674704506432365
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(135)6340(14)11(33) 
Comprehensive income, net of tax, attributable to parent:738631714689516398365

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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