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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Noninterest Income
The following table presents the components of noninterest income for the first quarters of 2026 and 2025:
| Three Months Ended March 31, | ||||
|---|---|---|---|---|
| ($ in thousands) · 2026 · 2025 · % Change | ||||
| Commercial and consumer deposit-related fees | $30,619 | $27,075 | 13% | |
| Lending and loan servicing fees | 26,070 | 26,230 | (1)% | |
| Foreign exchange income | 15,447 | 15,837 | (2)% | |
| Wealth management fees | 22,260 | 13,679 | 63% | |
| Customer derivative income and derivative mark-to-market adjustments: | ||||
| Customer derivative income | 4,595 | 5,539 | (17)% | |
| Derivative mark-to-market and credit valuation adjustments | 934 | (1,470) | NM | |
| Total customer derivative income and derivative mark-to-market adjustments | 5,529 | 4,069 | 36% | |
| Net gains on AFS debt securities | 616 | 131 | 370% | |
| Other investment income | 2,956 | 2,262 | 31% | |
| Other (loss) income | (941) | 2,819 | NM | |
| Total noninterest income | $102,556 | $92,102 | 11% | |
| Noninterest income as a percent of total revenue | 13% | 13% | ||
NM - Not meaningful.
Noninterest income for the first quarter of 2026 was $103 million, a $10 million or 11% increase compared with the first quarter of 2025. The year-over-year increase was primarily due to increases in wealth management fees, commercial and consumer deposit-related fees, and customer derivative income and derivative mark-to-market adjustments, partially offset by other losses.
Commercial and consumer deposit-related fees were $31 million for the first quarter of 2026, a $4 million or 13% increase compared with the first quarter of 2025. The year-over-year increase was primarily due to higher commercial customer activity.
Wealth management fees were $22 million for the first quarter of 2026, a $9 million or 63% increase compared with the first quarter of 2025. The year-over-year increase primarily reflected higher customer demand for wealth management products such as fixed-rate corporate bonds and fixed annuities and increased commission and fees from new customer activity.
Customer derivative income and derivative mark-to-market adjustments were $6 million for the first quarter of 2026, a $1 million increase compared with the first quarter of 2025. The year-over-year increase primarily reflected favorable credit valuation adjustments, partially offset by lower customer activity.
Other losses were $941 thousand for the first quarter of 2026, compared with other income of $3 million in the first quarter of 2025. The decrease primarily reflected $5 million in lower of cost or market adjustments on loans held-for-sale recorded during the first quarter of 2026.
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