EAST WEST BANCORP INC
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
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11 — Stockholders’ Equity and Earnings Per Share
Note 11 —Stockholders’ Equity and Earnings Per Share
The following table presents the basic and diluted EPS calculations for the three months ended March 31, 2026 and 2025. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements in the Company’s 2025 Form 10-K.
| Three Months Ended March 31, | |||
|---|---|---|---|
| ($ and shares in thousands, except per share data) · 2026 · 2025 | |||
| Basic: | |||
| Net income | $357,796 | $290,270 | |
| Basic weighted-average number of shares outstanding | 138,054 | (1) | 138,201 |
| Basic EPS | $2.59 | $2.10 | |
| Diluted: | |||
| Net income | $357,796 | $290,270 | |
| Less: Fair value changes of liability-classified equity contracts, net of tax (2) | (495) | — | |
| Net income, diluted | $357,301 | $290,270 | |
| Basic weighted-average number of shares outstanding | 138,054 | (1) | 138,201 |
| Add: Dilutive impact of unvested RSUs | 865 | 1,090 | |
| Diluted weighted-average number of shares outstanding | 138,919 | 139,291 | |
| Diluted EPS | $2.57 | $2.08 | |
(1)Includes retirement-eligible employees’ awards.
(2)Applied blended statutory tax rate of 28.02% for the three months ended March 31, 2026.
Approximately 113 thousand and 91 thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for the three months ended March 31, 2026 and 2025, respectively.
Stock Repurchase Program— On January 22, 2025, the Company’s Board of Directors authorized a stock repurchase of up to $300 million of the Company’s common stock. The Company repurchased $99 million and $85 million of its common stock for thethree months ended March 31, 2026 and 2025, respectively.
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