EAST WEST BANCORP INC
For the period ended Jun 30, 2026. Filed Aug 7, 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.
Jun 30, 2026 · Filed Aug 7, 2026
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Noninterest Income
The following table presents the components of noninterest income for the second quarters and first halves of 2026 and 2025:
| Three Months Ended June 30, · Six Months Ended June 30, | |||||||
|---|---|---|---|---|---|---|---|
| ($ in thousands) · 2026 · 2025 · % Change · 2026 · 2025 · % Change | |||||||
| Commercial and consumer deposit-related fees | $31,621 | $26,865 | 18% | $62,240 | $53,940 | 15% | |
| Lending and loan servicing fees | 27,961 | 25,586 | 9% | 54,031 | 51,816 | 4% | |
| Foreign exchange income | 14,926 | 13,715 | 9% | 30,373 | 29,552 | 3% | |
| Wealth management fees | 19,461 | 10,725 | 81% | 41,721 | 24,404 | 71% | |
| Customer derivative income and derivative mark-to-market adjustments: | |||||||
| Customer derivative income | 1,895 | 3,645 | (48)% | 6,490 | 9,184 | (29)% | |
| Derivative mark-to-market and credit valuation adjustments | (732) | (1,444) | (49)% | 202 | (2,914) | NM | |
| Total customer derivative income and derivative mark-to-market adjustments | 1,163 | 2,201 | (47)% | 6,692 | 6,270 | 7% | |
| Net gains on AFS debt securities | 2,931 | 746 | 293% | 3,547 | 877 | 304% | |
| Other investment (loss) income | (49) | 678 | NM | 2,907 | 2,940 | (1)% | |
| Other income | 8,478 | 5,662 | 50% | 7,537 | 8,481 | (11)% | |
| Total noninterest income | $106,492 | $86,178 | 24% | $209,048 | $178,280 | 17% | |
| Noninterest income as a percent of total revenue | 13% | 12% | 13% | 13% | |||
NM - Not meaningful.
Noninterest income for the second quarter of 2026 was $106 million, an increase of $20 million or 24% compared with the second quarter of 2025. Theyear-over-year increase was primarily due to increases in wealth management fees, commercial and consumer deposit-related fees, other income, lending and loan servicing fees, and net gains on AFS debt securities. Noninterest income for the first half of 2026 was $209 million, an increase of $31 million or 17% compared with the first half of 2025. The year-over-year increase was primarily due to increases in wealth management fees, commercial and consumer deposit-related fees, and net gains on AFS debt securities.
Commercial and consumer deposit-related fees were $32 million for the second quarter of 2026, an increase of $5 million or 18% compared with the second quarter of 2025. For the first half of 2026, commercial and consumer deposit-related fees were $62 million, an increase of $8 million or 15% compared with the first half of 2025. The year-over-year increases were primarily due to higher commercial customer activity.
Lending and loan servicing fees were $28 million for the second quarter of 2026, an increase of $2 million or 9% compared with the second quarter of 2025. For the first half of 2026, lending and loan servicing fees were $54 million, an increase of $2 million or 4% compared with the first half of 2025. The year-over-year increases were primarily due to higher syndication fees.
Wealth management fees were $19 million for the second quarter of 2026, an increase of $9 million or 81% compared with the second quarter of 2025. For the first half of 2026, wealth management fees were $42 million, an increase of $17 million or 71% compared with the first half of 2025. The year-over-year increases primarily reflected higher customer activity, including increased demand for wealth management products such as fixed-rate corporate bonds, as well as new customer acquisitions.
Net gains on AFS debt securities of $3 million and $4 million, for the second quarter and first half of 2026, respectively, increased $2 million and $3 million, respectively, compared with the prior year periods. The year-over-year increases primarily reflected the sales of U.S. government agency residential mortgage-backed securities.
Other income was $8 million for the second quarter of 2026, an increase of $3 million or 50% compared with the second quarter of 2025. The year-over-year increase primarily reflected $3 million of increase in income from bank-owned life insurance policies, which offset the cost of the Company’s deferred compensation plan included in compensation and employee benefits expense. For the first half of 2026, other income was $8 million, a decrease of $1 million or 11% compared with the first half of 2025. The year-over-year decrease primarily reflected $5 million of lower of cost or market adjustments on loans held-for-sale recorded during the first half of 2026, partially offset by $4 million of increased income from bank-owned life insurance policies, as discussed above.
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