East West Bancorp Inc. Reports 6% Increase in Total Revenue and $2.08 EPS for Q1 2025, Net Income at $290 Million

Reuters
2025/06/10
East West Bancorp Inc. Reports 6% Increase in Total Revenue and $2.08 EPS for Q1 2025, Net Income at $290 Million

East West Bancorp Inc. has reported its financial results for the first quarter of 2025, highlighting a net income available to common equity of $290 million. The company achieved a diluted quarterly earnings per share of $2.08. Net interest income before provision for credit losses was reported at $600.2 million, compared to $587.6 million in the previous quarter and $565.1 million in the same quarter last year. The FTE net interest income before provision for credit losses was $601.3 million, up from $588.9 million in the previous quarter and $566.7 million in the same quarter last year. Total noninterest income increased to $92.1 million, from $88.2 million in the previous quarter and $78.5 million in the same quarter of the previous year. This contributed to a total revenue of $692.3 million, compared to $675.8 million in the prior quarter and $643.6 million in the same quarter last year. The total revenue on a fully taxable equivalent basis was $693.4 million, up from $677.1 million in the previous quarter and $645.2 million year-over-year. For the full year 2025, East West Bancorp Inc. expects net interest income and total revenue to trend above 6% year-over-year. The company anticipates end-of-period loans to grow in the range of 4% to 6% year-over-year. Total operating noninterest expenses are projected to increase by 7% to 9% year-over-year. The effective tax rate is expected to be approximately 23%, with amortization of tax credit and CRA investment expenses ranging between $70 to $80 million. Net charge-offs are expected to be in the range of 25 to 35 basis points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. East West Bancorp Inc. published the original content used to generate this news brief on June 10, 2025, and is solely responsible for the information contained therein.

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