Loading…
← CockpitCompetitor Analysis › EWBC East West Bancorp, Inc.Open in the cockpit ↗

East West Bancorp, Inc.EWBCCompetitor analysis, valuation and peers

United States · USD·Financials›Regional Banks

US regional bank specializing in banking for US-China cross-border trade and Asian-American communities.

Momentum neutral 58
Mkt cap
$17.7B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$119M
20-day average traded
P/B
1.95×
price to book
ROE
16.6%
delivered
Implied ROE
16.3%
what the price asks
Next earnings
83 days
28 Jan 2027
Close · USD$128.84
1D-0.1%
1W-1.5%
1M+2.0%
3M-2.3%
6M+4.8%
YTD+14.6%
1Y+28.0%
ATR %2.3%
Beta0.75
52w lowhigh6.3% off high

What East West Bancorp does

US regional bank specializing in banking for US-China cross-border trade and Asian-American communities.

Earns mostly on the gap between loan interest and deposit costs, with commercial real estate and business loans the biggest lines, plus fees from cross-border trade finance, foreign exchange and wealth management. It operates mainly in California and other US states, with an office presence in Greater China to serve clients moving goods and money between the two. Dominic Ng has led it for decades.

Products and services

  • Retail/commercial banking (US)
  • US-China cross-border trade finance
  • Private banking for Asian-American clients

Customers

  • Asian-American individuals and businesses
  • US-China trade/import-export companies

Where it sits in the supply chain

  • Financials
  • Banks
  • Regional bank / cross-border US-China…

What could go right

  • US-Asia trade flows and Asian-American business growth
  • Wealth management cross-sell

What could go wrong

  • US-China trade tension/geopolitical risk
  • Commercial real estate credit risk

Moat: narrow (customer qualification, distribution, process know-how). Deep expertise and relationships in a cross-border US-China banking niche few banks serve as well.

Headquarters: Pasadena, California, United States · Founded: 1973 · Employees: 3,350

Named competitors

East West Bancorp at a glance

Size East West Bancorp (EWBC) is a United States Financials company (Regional Banks) with a market value of $17.7B, the 533rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $128.84 on 6 Nov 2026.

Performance Over six months the shares gained 4.8%, against +11.1% for the median peer and -1.1% for the United States market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 2.7% over the last twelve months (peer median -0.7%); the operating margin is 61.1% (peer median 41.5%).

Valuation It trades at 1.95× book value against a peer median of 1.42× (9th most expensive of 21).

Price implies The share price implies a return on equity of about 16.3%; East West Bancorp delivers 16.6%, so the price asks less than the business earns today.

Short interest Short interest is 3.3% of the free float (15 Oct 2026).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

10011011 May 202611 Aug 20266 Nov 2026Peer median 110EWBC 106
Six months, rebased to 100: East West Bancorp against the median of its 20 peers (local-currency closes).

East West Bancorp financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$4.69B$4.60B$4.46B$3.92B$2.58B
Revenue growth—+3%+14%+52%—
Net income$1.46B$1.33B$1.17B$1.16B$1.13B
Free cash flown/a$1.50B$1.44B$1.45B$2.08B
Capital expendituren/a$0$84.1M$0$734,000
Total debt$4.17B$3.17B$3.63B$4.76B$564M

Quarterly statements and history in the cockpit →

East West Bancorp competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%-10%0%+10%601229PEO6009266011692890INGEBPBSACPNFP2880BCVN5880MBCIBFCNCA0006176010770241107186EWBC6-month return →1-month return →
Up and to the right = strong over both horizons. East West Bancorp is the large dot.

Fundamentals: return on equity against price-to-book

10%15%20%25%10×20×30×601229PEO6009266011692890INGEBPBSACPNFP2880BCVN5880MB601838CIBFCNCA0006176010777186EWBCReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. East West Bancorp is the large dot.

Capital: ROE delivered against the ROE the price implies

0%10%20%30%0%10%20%30%601229PEO6009266011692890INGEBPBSACPNFP28805880MB601838CIBFCNCA000617EWBCROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. East West Bancorp is the large dot.

East West Bancorp competitors and peer comparison

Head to head with its named competitors (EWBC vs CATY vs PFBC vs HOPE)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
East West Bancorp EWBC$17.7B+5%+3%17%1.95×16.3%
Cathay General Bancorp CATY$4.24B+12%+3%12%1.39×11.8%
Preferred Bank PFBC$1.22B+8%0%17%1.54×10.3%
Hope Bancorp HOPE$1.68B+6%+7%6%0.75×7.6%

How East West Bancorp compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

East West Bancorp against its 20 peers (data as of 6 Nov 2026)
MeasureEWBCPeer medianRank in peer set
1-month return+2.0%+2.1%11th highest of 21
6-month return+4.8%+11.1%7th lowest of 21
Return on equity16.6%11.3%5th highest of 21
Price / book1.95×1.42×9th most expensive of 21
Trailing P/E12.2×13.4×9th cheapest of 20
ROE the price implies16.3%7.9%6th most demanding of 20
ROE delivered16.6%11.6%5th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
East West Bancorp EWBCUnited States$17.7B+5%+3%17%1.95×16.3%16.6%
Bank of Shanghai 601229.SSChina$17.6B-13%-7%8%0.44×2.0%7.5%
Bank Polska Kasa Opieki PEO.WAPoland$17.4B+12%-5%18%2.04×25.7%18.2%
Bank of Hangzhou 600926.SSChina$18.6B-2%-3%14%0.86×3.0%13.8%
Bank of Beijing 601169.SSChina$18.6B+11%-5%7%0.43×2.0%7.3%
Sinopac Financial Hldgs 2890.TWTaiwan$19.3B+36%+31%16%2.34×7.7%16.3%
ING Bank Slaski ING.WAPoland$15.7B+20%+4%24%3.24×33.8%23.7%
Erste Bank Polska EBP.WAPoland$20.4B+35%-9%16%2.42×26.7%15.6%
Banco Santander-Chile Sponsored ADR BSACUnited States$15.2B+7%+18%25%3.00×17.6%24.9%
Pinnacle Financial Partners PNFPUnited States$15.2B+3%+100%10%1.10×10.7%9.6%
Hua Nan Financial 2880.TWTaiwan$20.8B+50%-37%14%2.85×7.9%14.1%
Banque Cantonale Vaudoise BCVN.SWSwitzerland$14.4B+20%-8%12%3.07×n/a11.6%
Taiwan Cooperative Financial Hl 5880.TWTaiwan$13.6B+22%-3%9%1.55×4.8%8.9%
Mediobanca - Banca di Credito Finanziario MB.MIItaly$23.7B+26%+4%11%1.82×18.7%10.8%
Bank of Chengdu 601838.SSChina$12.8B+5%+2%15%0.92×3.1%15.1%
Grupo Cibest S.A. Unsponsored ADR Pfd CIBUnited States$24.7B+42%+7%19%1.97×14.4%18.9%
First Citizens BancShares FCNCAUnited States$25.2B+16%0%11%1.29×9.3%11.0%
CNPC Capital 000617.SZChina$12.3B-31%-14%5%0.76×7.9%4.6%
Chongqing Rural Commercial Bank 601077.SSChina$11.7B-1%-1%9%0.57×2.3%9.4%
IBK 024110.KSSouth Korea$11.4B-14%+28%8%0.49×4.2%n/a
Yokohama Financial 7186.TJapan$11.1B+7%+21%8%1.21×8.1%8.0%

Questions

Who are East West Bancorp's main competitors?
Named competitors: Cathay General Bancorp (CATY), Preferred Bank (PFBC), Hope Bancorp (HOPE). The cockpit's measured peer set (industry) also includes Bank of Shanghai (601229.SS), Bank Polska Kasa Opieki (PEO.WA), Bank of Hangzhou (600926.SS), Bank of Beijing (601169.SS), Sinopac Financial Hldgs (2890.TW), ING Bank Slaski (ING.WA).
Is East West Bancorp expensive compared with its peers?
On price / book it trades at 1.95× against a peer median of 1.42×, 9th most expensive of 21 in its peer set. The share price implies a return on equity of about 16.3%; East West Bancorp delivers 16.6%, so the price asks less than the business earns today.
How has East West Bancorp stock performed?
Over six months to 6 Nov 2026 the shares returned +4.8% against +11.1% for the median peer; over one year +28.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.