East West Bancorp reported a net income of approximately $290 million for the first quarter of 2025, translating to earnings of $2.08 per share. These figures surpass both last year's $285 million net income and $2.03 EPS. The results also exceeded Wall Street expectations, underscoring the bank's strong quarter.
The company's robust performance is further highlighted by a 16% return on tangible equity, showcasing its profitability and resilience. Loan growth achieved record highs, driven by increases in commercial & industrial loans and residential mortgages, according to recent reports.
Additionally, the bank's revenue and fee income reached new heights, buoyed by its foreign exchange and wealth management services. According to Insider Monkey, these achievements reflect East West Bancorp's solid financial position and growth momentum during the first quarter of 2025.