East West Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. East West Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $2,362,219,000. The net income raised on $1,161,161,000 and profit margin reached 49%. Total operating expenses were $2,564,375,000.
Profit Margin
| 2014 | 1.02B | 342.48M | 33.39% |
|---|---|---|---|
| 2015 | 1.12B | 384.67M | 34.22% |
| 2016 | 1.20B | 431.67M | 35.82% |
| 2017 | 1.35B | 505.62M | 37.39% |
| 2018 | 1.54B | 703.70M | 45.46% |
| 2019 | 1.66B | 674.03M | 40.53% |
| 2020 | 1.59B | 567.79M | 35.5% |
| 2021 | 1.80B | 872.98M | 48.46% |
| 2022 | 2.31B | 1.12B | 48.64% |
| 2023 | 2.36B | 1.16B | 49.16% |
EWBC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.36B | 2.31B | 1.80B | 1.59B | 1.66B | 1.54B | 1.35B | 1.20B | 1.12B | 1.02B |
Cost of revenue | -1.60B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 3.96B | 2.31B | 1.80B | 1.59B | 1.66B | 1.54B | 1.35B | 1.20B | 1.12B | 1.02B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 571.30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.56B | -632.03M | -744.93M | 394.75M | -818.98M | -464.12M | -1.33B | -1.17B | -1.09B | -1.00B |
Operating income | 1.74B | 1.68B | 1.05B | 685.76M | 843.91M | 1.08B | 19.39M | 30.15M | 28.15M | 19.03M |
Other income (expenses), net | -286.67M | -275.35M | 1.05B | -8.74M | 843.91M | -265.19M | 715.70M | 542.03M | -128.82M | -139.92M |
Income before tax | 1.45B | 1.41B | 1.05B | 685.76M | 843.91M | 818.69M | 735.1M | 572.18M | 578.72M | 415.45M |
Income tax expense | 298.60M | 283.57M | 183.39M | 117.96M | 169.88M | 114.99M | 229.47M | 140.51M | 194.04M | 72.97M |
Net income | 1.16B | 1.12B | 872.98M | 567.79M | 674.03M | 703.70M | 505.62M | 431.67M | 384.67M | 342.48M |
Earnings per share | ||||||||||
Basic EPS | 8.23 | 7.98 | 6.16 | 3.99 | 4.63 | 4.86 | 3.5 | 3 | 2.67 | 2.39 |
Diluted EPS | 8.18 | 7.92 | 6.1 | 3.97 | 4.61 | 4.81 | 3.47 | 2.97 | 2.66 | 2.38 |
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