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EAST WEST BANCORP INC

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

EWBC$130.74-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

— Parent Company Condensed Financial Statements

Note 18 —Parent Company Condensed Financial Statements

The following tables present the Parent Company-only condensed financial statements:

CONDENSED BALANCE SHEET

December 31,
($ in thousands)20252024
ASSETS
Cash and cash equivalents$664,002$394,919
Investments in subsidiaries:
Bank8,151,0657,251,084
Nonbank11,00310,423
Other assets130,535125,552
TOTAL$8,956,605$7,781,978
LIABILITIES AND STOCKHOLDERS’ EQUITY
Long-term debt$32,320$32,001
Other liabilities25,08326,923
Stockholders’ equity8,899,2027,723,054
TOTAL$8,956,605$7,781,978

CONDENSED STATEMENT OF INCOME

Year Ended December 31,
($ in thousands)202520242023
Dividends from subsidiaries:
Bank$750,000$540,000$704,000
Nonbank66127322
Other investment income (losses) (1)2,115(954)(2,738)
Other income71431—
Total income752,895539,204701,584
Interest expense on long-term debt2,5274,50710,889
Compensation and employee benefits11,1327,2837,204
Other expense (income) (2)1,8501,839(1,086)
Total expense15,50913,62917,007
Income before income tax benefit and equity in undistributed income of subsidiaries737,386525,575684,577
Income tax benefit3,5104,1435,844
Undistributed earnings of subsidiaries, primarily bank584,292635,868470,740
Net income$1,325,188$1,165,586$1,161,161

(1)Includes $1 million in DC Solar recoveries for the year ended December 31, 2025.

(2)Includes $307 thousand and $3 million in DC Solar recoveries for the years ended December 31, 2025 and 2023, respectively.

CONDENSED STATEMENT OF CASH FLOWS

Year Ended December 31,
($ in thousands)202520242023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income$1,325,188$1,165,586$1,161,161
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed earnings of subsidiaries, principally bank(584,292)(635,868)(470,740)
Deferred income tax expense622,788948
Net change in other assets(5,549)(6,912)(4,160)
Net change in other liabilities(1,686)(802)(47)
Other operating activities, net1,0831,2652,443
Net cash provided by operating activities734,806526,057689,605
CASH FLOWS FROM INVESTING ACTIVITIES
AFS debt securities:
Proceeds from maturities1,945,000——
Purchases(1,944,333)——
Redemption of trust preferred securities—3,558—
Other investing activities, net(732)(494)(95,095)
Net cash (used in) provided by investing activities(65)3,064(95,095)
CASH FLOWS FROM FINANCING ACTIVITIES
Long-term debt:
Repayment of junior subordinated debt—(116,558)—
Common stock:
Proceeds from issuance pursuant to various stock compensation plans and agreements3,2123,0233,208
Stock tendered for payment of withholding taxes(19,239)(14,877)(23,751)
Repurchase of common stock pursuant to the stock repurchase program(115,590)(143,082)(82,174)
Cash dividends paid(334,041)(308,478)(274,554)
Net cash used in financing activities(465,658)(579,972)(377,271)
Net increase (decrease) in cash and cash equivalents269,083(50,851)217,239
Cash and cash equivalents, beginning of year394,919445,770228,531
Cash and cash equivalents, end of year$664,002$394,919$445,770
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.