EAST WEST BANCORP INC

The Company maintains a strong capital base to support its anticipated asset growth, operating needs, and credit risk exposures, and to ensure that the Company and the Bank are in compliance with all regulatory capital guidelines. The Company engages in regular capital planning processes on at least an annual basis to optimize the use of available capital and to appropriately plan for future capital needs, allocating capital to existing and future business activities. Furthermore, the Company conducts capital stress tests as part of its capital planning process. The stress tests enable the Company to assess the impact of adverse changes in the economy and interest rates on its capital base.

The Company’s stockholders’ equity as of September 30, 2025 increased $860 million or 11% to $8.6 billion from December 31, 2024. The increase was primarily due to $969 million of net income and $210 million of other comprehensive income, partially offset by $252 million of cash dividends declared and $133 million of common stock repurchases from the open market and also in the form of tax withholding on vested restricted stock units. For other factors that contributed to the changes in stockholders’ equity, refer to Item 1. Consolidated Financial Statements — Consolidated Statement of Changes in Stockholders’ Equity in this Form 10-Q.

On January 22, 2025, the Company’s Board of Directors authorized the repurchase of up to an additional $300 million of East West common stock, which will remain valid until December 31, 2026. The Company repurchased $26 million of its common stock during the third quarter of 2025, and$114 million and $123 million of common stock in the first nine months of 2025 and 2024, respectively.

The Company paid a quarterly common stock cash dividend of $0.60 and $0.55 per share during the third quarters of 2025 and 2024, respectively. In October 2025, the Company’s Board of Directors declared a fourth quarter 2025 cash dividend of $0.60 per share. The dividend is payable on November 17, 2025, to stockholders of record as of November 3, 2025.