East West Bancorp Reports Net Income for First Quarter of 2026 of $358 Million and Diluted Earnings Per Share of $2.57, Both Up 23% Year-Over-Year, Driven by Record Levels of Quarterly Fee Income, Loans and Deposits

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported first quarter 2026 net income of $358 million, or $2.57 per diluted share. Total loans and deposits both reached new records as of March 31, 2026, at $58.1 billion and $68.9 billion, respectively. Return on average assets was 1.79%, return on average common equity was 16.0%, and book value per share grew 14% year-over-year. “East West reported reco.