East West Bancorp, Inc. (NASDAQ:EWBC) reported strong first-quarter 2026 results, with diluted earnings per share of $2.57 and net income of $358 million, both up 23% year over year. The results were supported by record levels of quarterly fee income, loans, and deposits.
The company’s top line was also solid. East West reported total revenue of $774 million for the quarter, up from $692 million a year earlier. This result was above analyst expectations of roughly $751.41 million, indicating that the company beat consensus on both earnings and revenue.
Core banking performance remained a key strength. As of March 31, 2026, East West said total loans reached a record $58.1 billion and total deposits reached a record $68.9 billion. The company also pointed to 12% year-over-year growth in fee income, helped by strength in wealth management and deposit account fees.
East West Bancorp is the parent company of East West Bank and operates as a bank holding company offering a range of financial services. According to the company, it is focused on the U.S. and Asia markets and has built a franchise around cross-border banking relationships.
While the quarter was strong, investors may still watch areas such as credit quality, commercial real estate exposure, and interest-rate sensitivity. Even so, East West’s first-quarter report showed continued profitability, stable credit performance, and ongoing balance-sheet expansion.
