East West Banking Corp. · PSE:EW
East West Banking — Investor Presentation (March 2026)
21 slides from East West Banking's investor presentation, March 2026
Slide 1: East West Bank (EW)
© eastwest East West Bank (EW)
Slide 2: EastWest is a leading consumer Bank in the Philippines
EastWest is a leading consumer Bank in the Philippines Overview of EastWest Bank 9th largest in total ..but 6th in total With the highest Assets.. consumer portfolio1 margins vs peers ◼ East West Banking Corporation (“EastWest” or “EW”) is the 9th largest privately-held bank in the Philippines with
Slide 3: Key Pillar of the Filinvest Group
Key Pillar of the Filinvest Group Real Estate & Hospitality Banking Power Sugar & Infrastructure • One of the leading • Manages c.1,800 keys in • Most consumer-focused • Early mover into the • Lead consortium member in real estate developers in significant growth areas bank in retail and SME Mindana
Slide 4: Strong track record of focused growth
Strong track record of focused growth Php 5.0 bn IPO on the Philippine Breached Php 500 Stock Exchange billion in total assets (2012) Php 8.0 bn from a (2024) Embarked on an aggressive Store Stock Rights Offering Php 49 Bn expansion (2012 – 2015) (SRO) (2015) Php 577 Bn Assets Assets 2009 – 2011 201
Slide 5: 3-Year Highlights (2022 – 2025)
3-Year Highlights (2022 – 2025) 1 2 3 4 Net Income Return on Equity Net Interest Margin Cost-to-income Php 9.2 bn 11.9 % 8.5 % 49.7 % 2x [Php4.6bn in 2022] +4.2 ppt [7.7% in 2022] +1.4 ppt [7.1% in 2022] -10.5 ppt [60.2% in 2022] 5 NPL Cover 6 CASA Ratio 7 CET1 Ratio 8 Digital Penetration 85.8 % 81.
Slide 6: Sustainable growth anchored on consumer banking diversification
Sustainable growth anchored on consumer banking diversification Retail loan portfolio optimization lifts core performance Growing Consumer Loan Proportion Over the Years and a Well- NIM, NIM-Yield, NIM-Cost (%)(1) diversified Portfolio 15.0 Yield Net Interest Margin Cost Corporate-Consumer loan mix
Slide 7: Supported by a healthy funding to enable growth
Supported by a healthy funding to enable growth Competitive CASA Growth Rates with Industry-leading CASA Total Deposit Cost In-Line with Industry Average Ratio, Driving Competitive Funding Cost Total Deposit Cost (%)(1) CASA YoY Growth (%) 16.7 9.3 -0.2 5.9 4.3 4.6 11.9 24.7 -2.3 14.4 CASA Ratio (%)
Slide 8: Exhibiting improved operational efficiency
Exhibiting improved operational efficiency Operating Leverage Gains continuing Cost-to-income ratio now better than industry average In Php Bn Cost-to-income ratio (%) 60.0 Revenues Operating Expenses 51.0 65.0 EW PH Banking System 60.2 50.0 42.4 60.0 56.9 56.0 35.7 55.6 40.0 Widening 28.2 jaws 55.0
Slide 9: Prudent provisions supporting buffers amid stable NPL
Prudent provisions supporting buffers amid stable NPL Prudent provisioning aligned with growth in target risk Sustaining superior margins despite ‘elevated’ credit costs segments EW’s NIM and NIM net of credit cost of 8.5% and 4.5% respectively are Credit Cost (%) higher than peers’ average of 5.1%
Slide 10: Sustained income and dividend distribution with disciplined capital position
Sustained income and dividend distribution with disciplined capital position Net income surpassing previous highs In Php Bn 9.2 7.6 6.1 Disciplined Capital Position 4.6 Capital ratios remain comfortably above required thresholds, and internal threshold of 12 – 13% (CET1) 16.0% 2022 2023 2024 2025 15
Slide 11: Providing excellent value creation
Providing excellent value creation From end-2022, almost 100% on price appreciation alone P/B relative to ROE warrants further upside 16.00 1.60 15.00 14.00 12.90 1.40 13.00 1.35 12.00 11.00 1.20 10.00 9.00 1.03 8.00 6.67 1.00 0.99 0.96 P/B 7.00 6.00 0.80 0.73 0.60 0.52 0.42 0.39 0.40 0.38 0.37 93%
Slide 12: Focus Areas to Sustain Momentum
Focus Areas to Sustain Momentum EW is well-positioned to take advantage of the country’s fundamental economic driver To Be Among the Top Consumer Banks in the Philippines LENDING FUNDING Mass and Mass Affluent Affluent and Businesses Best in class digital channels Developing localized value and jour
Slide 13: Annex
@ casinest Annex www.eastwestbanker.com
Slide 14: 2025 Financial Summary
2025 Financial Summary In Php billions except YoY % and ratios Balance Sheet 2024 2025 YoY % P&L 2024 2025 YoY % Assets 524.7 577.1 10.0 Net Interest Income 33.5 40.6 21.3 Gross Loans 334.3 382.4 14.4 Non-interest income 8.9 10.4 16.2 Securities 120.1 124.4 3.6 Net Revenues 47.4 51.0 20.2 Deposits 3
Slide 15: Historical Balance Sheet
Historical Balance Sheet Php Mn 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Assets Primary Liquid Assets 60,440 67,795 63,763 47,838 85,545 103,402 59,366 44,453 42,233 44,779 Trading and Investment Securities 16,398 13,785 41,098 70,877 57,895 66,533 82,251 97,997 120,102 124,421 Loans and Re
Slide 16: Historical Income Statement
Historical Income Statement Php Mn 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Interest Income 18,217 22,020 24,358 29,758 30,710 23,252 26,120 34,561 42,328 50,360 Interest Expense 2,818 3,569 5,081 8,291 4,207 2,226 2,795 6,337 8,842 9,736 Net Interest Income 15,399 18,451 19,277 21,467 26,5
Slide 17: Historical Ratios
Historical Ratios 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Profitability Return on Equity 10.4% 13.8% 11.0% 13.7% 12.3% 7.9% 7.7% 9.5% 10.8% 11.9% Return on Assets 1.3% 1.7% 1.4% 1.6% 1.6% 1.1% 1.1% 1.4% 1.5% 1.7% Net Interest Margin 7.7% 7.8% 7.4% 6.9% 8.1% 6.5% 7.1% 7.6% 7.8% 8.5% Cost-to
Slide 18: Market Leadership Affirmed by Our Customers and Recognized by the Industry
Market Leadership Affirmed by Our Customers and Recognized by the Industry Building a track record of excellence and commitment to being a trusted financial partner TRUST AND FINANCIAL MARKETS BRANCH BANKING ORGANIZATION ASSET MANAGEMENT DISTRIBUTION GROUP The Philippines' Best for Gold Awardee for
Slide 19: A Deep Senior Management Team
A Deep Senior Management Team Capable of Executing Our Strategy JACQUELINE S. RAFAEL S. JERRY G. NGO FERNANDEZ ALGARRA JR. Head – Financial Markets Chief Executive Officer President and Wealth Management • 30+ years of regional experience in banking and finance • 40+ years of banking experience • 30
Slide 20: A Deep Senior Management Team
A Deep Senior Management Team Capable of Executing Our Strategy ANNALIZA G. SREE BARANI RENATO P. PERALTA TAN-CIMAFRANCA SUNDARAM Head – Enterprise Chief Corporate Credit Head – Technology Oversight Officer Transformation • 25+ years of experience in banking and finance • 30+ years of banking experi
Slide 21: Thank you
SS eastwest Thank you www.eastwestbanker.com
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