East West Bancorp Reports Second Quarter 2026 Results

East West Bancorp, Inc. announced its second quarter 2026 financial results, reporting net income of $364 million, or $2.63 per diluted share. The company achieved record total loans and deposits, reaching $59.0 billion and $70.1 billion, respectively. Total revenue for the quarter was $791 million, an increase of 2% year-over-year, driven by record total revenue. Net interest income rose by 11% year-over-year to $685 million. The company highlighted its balanced growth strategy, significant increase in noninterest-bearing deposits, and strong return on average tangible common equity of 17%. Asset quality remained stable, with a nonperforming assets ratio of 0.29%. The Board of Directors declared a quarterly common stock dividend of $0.80 per share.