EAST WEST BANCORP INC
For the period ended Sep 30, 2026. Filed Nov 6, 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.
Sep 30, 2026 · Filed Nov 6, 2026
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Noninterest Income
The following table presents the components of noninterest income for the third quarters and first nine months of 2026 and 2025:
| Three Months Ended September 30, · Nine Months Ended September 30, | |||||||
|---|---|---|---|---|---|---|---|
| ($ in thousands) · 2026 · 2025 · % Change · 2026 · 2025 · % Change | |||||||
| Commercial and consumer deposit-related fees | $32,603 | $28,409 | 15% | $94,843 | $82,349 | 15% | |
| Lending and loan servicing fees | 25,790 | 27,605 | (7)% | 79,821 | 79,421 | 1% | |
| Foreign exchange income | 17,798 | 14,491 | 23% | 48,171 | 44,043 | 9% | |
| Wealth management fees | 15,540 | 14,562 | 7% | 57,261 | 38,966 | 47% | |
| Customer derivative income and derivative mark-to-market adjustments: | |||||||
| Customer derivative income | 1,749 | 6,442 | (73)% | 8,239 | 15,626 | (47)% | |
| Derivative mark-to-market and credit valuation adjustments | 6,325 | (318) | NM | 6,527 | (3,232) | NM | |
| Total customer derivative income and derivative mark-to-market adjustments | 8,074 | 6,124 | 32% | 14,766 | 12,394 | 19% | |
| Net gains on AFS debt securities | 290 | 57 | 409% | 3,837 | 934 | 311% | |
| Other investment income | 1,699 | 705 | 141% | 4,606 | 3,645 | 26% | |
| Other income | 2,059 | 8,564 | (76)% | 9,596 | 17,045 | (44)% | |
| Total noninterest income | $103,853 | $100,517 | 3% | $312,901 | $278,797 | 12% | |
| Noninterest income as a percent of total revenue | 13% | 13% | 13% | 13% | |||
Noninterest income was $104 million for the third quarter of 2026, an increase of $3 million or 3% from the third quarter of 2025. Theincrease was primarily driven by higher commercial and consumer deposit-related fees, foreign exchange income, and favorable customer derivative income and derivative mark-to-market adjustments, partially offset by lower other income. Noninterest income was $313 million for the first nine months of 2026, an increase of $34 million or 12% from the first nine months of 2025. The increase primarily reflected higher wealth management, commercial and consumer deposit-related fees, and foreign exchange income, partially offset by lower other income.
Commercial and consumer deposit-related fees were $33 million for the third quarter of 2026, an increase of $4 million or 15% from the third quarter of 2025. For the first nine months of 2026, commercial and consumer deposit-related fees were $95 million, an increase of $12 million or 15% from the first nine months of 2025. These increases reflected higher commercial customer activity.
Foreign exchange income was $18 million for the third quarter of 2026, an increase of $3 million or 23% from the third quarter of 2025. For the first nine months of 2026, foreign exchange income was $48 million, an increase of $4 million or 9% from the first nine months of 2025. The increases primarily reflected higher customer activity.
Wealth management fees were $16 million for the third quarter of 2026, an increase of $1 million or 7% from the third quarter of 2025. For the first nine months of 2026, wealth management fees were $57 million, an increase of $18 million or 47% from the first nine months of 2025. The increases primarily reflected higher customer demand for wealth management products including fixed-rate corporate bonds, as well as increased commissions and fees from new customer activity.
Total customer derivative income and derivative mark-to-market adjustments were $8 million for the third quarter of 2026, an increase of $2 million or 32% from the third quarter of 2025. For the first nine months of 2026, total customer derivative income and derivative mark-to-market adjustments were $15 million, an increase of $2 million or 19% from the first nine months of 2025. The year-over-year increases primarily reflected favorable credit valuation adjustments, partially offset by lower customer derivative activity.
Other income was $2 million for the third quarter of 2026, down $7 million or 76% fromthe third quarter of 2025. The decrease primarily reflected lower realized proceeds from bank-owned life insurance policies and unfavorable lower-of-cost-or-market-adjustments on loans held-for-sale recorded during the third quarter of 2026. For the first nine months of 2026, other income was $10 million, a decrease of $7 million or 44% from the same 2025 period, primarily reflecting unfavorable lower-of-cost-or-market-adjustments on loans held-for-sale recorded during the first nine months of 2026.
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