East West Bancorp, Inc. · NASDAQ:EWBC
East West Bancorp — Q3 2025 Earnings Presentation
29 slides from East West Bancorp's earnings presentation, Oct 21, 2025
Slide 1: East West Bancorp, Inc. 3Q Earnings Presentation
East West Bancorp, Inc. 3Q Earnings Presentation 3Q October 21, 2025 25
Slide 2: Forward-Looking Statements and Additional Information
Forward-Looking Statements and Additional Information In this presentation, “we”, “our”, “us”, “East West” and the “Company” refer to East West Bancorp, Inc., and its consolidated subsidiaries unless the context indicates otherwise. Forward-Looking Statements This presentation contains forward-looki
Slide 3: 3Q25 Financial Highlights
3Q25 Financial Highlights Record 3Q25 net income of $368 million, $2.65 diluted quarterly earnings per share ▪ Total EOP customer deposits up ▪ Record revenue of $778mm $1.5bn+ Q-o-Q ▪ Record NII of $678mm ▪ Total EOP loans up $800mm+ Q-o-Q ▪ Record fee income of $92mm Deposit-Led ▪ Optimized fundin
Slide 4: Deposits
Deposits Another $1 billion+ quarter of customer deposit growth, with 8% Y-o-Y growth in average noninterest-bearing demand Average Deposits End of Period Deposit Growth by Category (2Q25 to 3Q25) ($ in billions) ($ in millions) Y-o-Y Q-o-Q +9% +2% $66.2 $62.6 $63.7 $61.9 $60.6 15.8 +8% Time $980 +4
Slide 5: Loans
Loans Steady, balanced growth, with 8% Y-o-Y growth in average C&I balances Average Loans End of Period Loan Growth by Category (2Q25 to 3Q25) ($ in billions) ($ in millions) Y-o-Y Q-o-Q $54.3 $55.2 +5% +1% $52.4 $53.2 $53.3 17.4 17.8 +8% CRE (ex. Multifamily) $319 +2% 16.5 17.0 16.8 Residential mor
Slide 6: Net Interest Income & Net Interest Margin
Net Interest Income & Net Interest Margin Record net interest income driven by continued momentum in deposit growth Net Interest Income (NII) & Net Interest Margin (NIM) Highlights ($ in millions) NII NIM Adjusted NII and NIM(1) ▪ Continued low-cost deposit growth drove $700 record reported NII $678
Slide 7: Fee Income
Fee Income Sustained execution supported Q-o-Q growth across all categories Fee Income1 Highlights ($ in millions) Y-o-Y ▪ Record fee income1 of $92mm, up nearly +13% $92 $11mm or +14% from $81mm Q-o-Q $88 $81 $81 $81 15 +36% Wealth − Further growth in wealth management, Management Fees 14 10 custom
Slide 8: Operating Expense & Efficiency
Operating Expense & Efficiency Maintaining best-in-class efficiency Total Operating Noninterest Expense1 Highlights ($ in millions) Y-o-Y ▪ Total operating noninterest expense1 of +19% $261 $261mm $231 $236 $230 $234 − Includes $27 million of compensation $220 Adjusted Compensation and Employee Bene
Slide 9: Asset Quality Metrics
Asset Quality Metrics Resilient credit – measures holding at low absolute levels Provision for Credit Losses & Net Charge-offs Nonperforming Assets ($ in millions) ($ in millions) $80 $195 $194 $201 $70 $182 $70 $64 OREO and Other $172 49 35 44 $60 29 $49 19 10 33 Provision for $50 $42 $45 19 9 30 C
Slide 10: Allowance for Loan Losses
Allowance for Loan Losses Bolstered reserves by $30 million quarter-over-quarter, reflecting changes in our economic outlook Allowance for Loan Losses (ALLL) Highlights ($ in millions) ▪ Bolstered ALLL in light of changes to $791 $800 1.63% $760 the economic outlook $750 $735 1.53% $696 $702 1.42% ‒
Slide 11: Capital
Capital Position of significant strength Tangible Common Equity Ratio1 Regulatory Capital Ratios2 Highlights 10.4% 10.4% 10.5% 10.6% 10.7% ▪ Declared 4Q25 dividend of $0.60 10.2% 10.0% 5.0% ‒ Payable on November 17, 2025 to 9.9% 9.7% 9.6% shareholders of record on November 3, Leverage Ratio 2025 14.
Slide 12: Updated Management Outlook: Full Year 2025
Updated Management Outlook: Full Year 2025 Earnings Drivers FY 2025 Expectations vs. FY 2024 Results FY 2025 Expectation Interest Rate Outlook ▪ Assumes September 30th forward curve End of Period Loans ▪ Growing in the range of 4% to 6% Y-o-Y Top Quartile Returns Net Interest Income ▪ Trending above
Slide 13: Appendix
Appendix ( EAST WEST BANK
Slide 14: East West at a Glance
East West at a Glance 09.30.25 09.30.25 09.30.25 3Q25 ~$15B Market Cap $80B Assets $67B Deposits 18% ROTCE1 A Leading Regional Bank with Cross-Border Capabilities... …Well Positioned in Dense, Attractive Markets… ▪ Headquartered in Pasadena, California Key Markets WA ▪ Founded in 1973 - over 50 year
Slide 15: Diversified Loan Portfolio
Diversified Loan Portfolio 70% of loans support commercial customers, with broad diversification across industry and asset types Commercial Loans by Type (as % of Total Loans, 09.30.25) Total Loan C&I Portfolio CRE $18.0bn $55.8bn $21.1bn General 6% C&I 9% Multifamily $18.0 32% Real Estate Investmen
Slide 16: Commercial Real Estate Portfolio Detail
Commercial Real Estate Portfolio Detail Our CRE portfolio is granular - many loans have full recourse and personal guarantees Distribution by Loan-to-Value (LTV)1 Size and LTV by Property Type (as of 09.30.25) (as of 09.30.25) >70% 3% Total Portfolio Weighted Average >65% to 70% Size Avg. LTV1 Loan
Slide 17: CRE Office – Additional Information
CRE Office – Additional Information Our office portfolio has low LTVs across segments and low average loan sizes CRE Office: Geographic Mix by Metro Area CRE Office by Size Segment (as of 09.30.25) (as of 09.30.25) Other Regions Avg. Weighted Balance No. of Loan Size Loan Size Avg. LTV ($ in mm) Loa
Slide 18: CRE Retail – Additional Information
CRE Retail – Additional Information Our retail portfolio has a weighted average LTV profile of 47% CRE Retail: Geographic Mix by Metro Area CRE Retail by Size Segment (as of 09.30.25) (as of 09.30.25) Other Regions Avg. Weighted Balance No. of Loan Size Loan Size Avg. LTV 12% ($ in mm) Loans ($ in m
Slide 19: CRE Multifamily – Additional Information
CRE Multifamily – Additional Information Our multifamily portfolio is amongst our most granular CRE Multifamily: Geographic Mix by Metro Area CRE Multifamily by Size Segment (as of 09.30.25) (as of 09.30.25) Other Regions Avg. Weighted Balance No. of Nevada Loan Size Loan Size Avg. LTV 6% ($ in mm)
Slide 20: Residential Mortgage Portfolio
Residential Mortgage Portfolio Our residential mortgage portfolio benefits from both low LTVs and smaller average loan size Resi. Mortgage Distribution by LTV1 Portfolio Highlights as of 09.30.25 (as of 09.30.25) Outstandings >60% 12% ▪ $16.7bn loans outstanding 50% $439,000 ▪ +2% Q-o-Q and +6% Y-o-
Slide 21: Cash and Securities
Cash and Securities Incrementally bolstered on balance sheet liquidity with cash and high-quality liquid assets (HQLA) Average Total Securities Portfolio and Cash Highlights ($ in billions) Total Securities Cash, Equivalent & Resale Agreements Total Securities Average Yield ▪ Securities portfolio we
Slide 22: Loan Yields
Loan Yields Loan Portfolio by Index Rate Average C&I Loan Rate (as of 09.30.25) 7.93% 7.71% 7.42% 7.06% 7.02% Fixed rate 20% 27% Total fixed Hybrid in fixed rate period rate and hybrid in fixed Variable - SOFR 22% period: 42% Variable - Prime, all other 31% rates 91% variable rate Average Residentia
Slide 23: Deposit and Funding Cost
Deposit and Funding Cost Average Deposit and Liability Cost 3.93% 4.05% 3.63% 3.71% 3.34% 3.43% 3.31% 3.39% 3.26% 3.34% 2.98% 2.75% 2.54% 2.52% 2.49% 3Q24 4Q24 1Q25 2Q25 3Q25 Average cost of deposits Average cost of interest-bearing deposits Average cost of interest-bearing liabilities Average Depos
Slide 24: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) Management believes that presenting the adjusted net interest margin that excludes the impact of discount accretion and interest recoveries from the full pa
Slide 25: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) Adjusted net income and adjusted diluted EPS represent net income and diluted EPS adjusted for the following tax-effected impacts: discount accretion and in
Slide 26: Appendix: GAAP to Non-GAAP Reconciliation (Continued from Slide 25)
Appendix: GAAP to Non-GAAP Reconciliation (Continued from Slide 25) EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) Three Months Ended Nine Months Ended September 30, June 30, September 30, September 30, September 30, 2025 2025 2024 2025 2024 Ave
Slide 27: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) The Company uses certain non-GAAP financial measures to provide supplemental information regarding the Company’s performance. Non- GAAP measures used consis
Slide 28: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) The Company uses certain non-GAAP financial measures to provide supplemental information regarding the Company’s performance. Tangible book value, tangible
Slide 29: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation EAST WEST BANCORP, INC. AND SUBSIDIARIES GAAP TO NON-GAAP RECONCILIATION ($ in thousands) (unaudited) Return on average TCE represents tangible net income divided by average tangible book value. Tangible net income excludes the after-tax impacts of the amort