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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and EAST WEST BANCORP INC (EWBC). Click either name above to swap in a different company.
EAST WEST BANCORP INC is the larger business by last-quarter revenue ($775.0M vs $383.0M, roughly 2.0× ASSOCIATED BANC-CORP). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs 31.2%, a 15.0% gap on every dollar of revenue. Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.4% CAGR vs 9.1%).
Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.
East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.
ASB vs EWBC — Head-to-Head
Income Statement — Q1 2026 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $383.0M | $775.0M |
| Net Profit | $119.6M | $358.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 31.2% | 46.2% |
| Revenue YoY | — | 2.1% |
| Net Profit YoY | 566.6% | 0.4% |
| EPS (diluted) | $0.70 | $2.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $383.0M | $775.0M | ||
| Q4 25 | $310.0M | $657.8M | ||
| Q3 25 | $305.2M | $677.5M | ||
| Q2 25 | $300.0M | $617.1M | ||
| Q1 25 | $285.9M | $600.2M | ||
| Q4 24 | $270.3M | $587.6M | ||
| Q3 24 | $329.7M | $572.7M | ||
| Q2 24 | $321.8M | $553.2M |
| Q1 26 | $119.6M | $358.0M | ||
| Q4 25 | $137.1M | $356.3M | ||
| Q3 25 | $124.7M | $368.4M | ||
| Q2 25 | $111.2M | $310.3M | ||
| Q1 25 | $101.7M | $290.3M | ||
| Q4 24 | $-161.6M | $293.1M | ||
| Q3 24 | $88.0M | $299.2M | ||
| Q2 24 | $115.6M | $288.2M |
| Q1 26 | — | — | ||
| Q4 25 | 52.6% | 71.0% | ||
| Q3 25 | 50.5% | 68.6% | ||
| Q2 25 | 46.5% | 65.2% | ||
| Q1 25 | 42.3% | 65.2% | ||
| Q4 24 | -65.8% | 60.6% | ||
| Q3 24 | 32.8% | 68.0% | ||
| Q2 24 | 32.0% | 65.9% |
| Q1 26 | 31.2% | 46.2% | ||
| Q4 25 | 44.2% | 54.2% | ||
| Q3 25 | 40.9% | 54.4% | ||
| Q2 25 | 37.1% | 50.3% | ||
| Q1 25 | 35.6% | 48.4% | ||
| Q4 24 | -59.8% | 49.9% | ||
| Q3 24 | 26.7% | 52.2% | ||
| Q2 24 | 35.9% | 52.1% |
| Q1 26 | $0.70 | $2.57 | ||
| Q4 25 | $0.80 | $2.55 | ||
| Q3 25 | $0.73 | $2.65 | ||
| Q2 25 | $0.65 | $2.24 | ||
| Q1 25 | $0.59 | $2.08 | ||
| Q4 24 | $-1.10 | $2.10 | ||
| Q3 24 | $0.56 | $2.14 | ||
| Q2 24 | $0.74 | $2.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.0B | $9.0B |
| Total Assets | $45.6B | $82.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | $4.9B | ||
| Q2 24 | — | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $35.6M | ||
| Q3 25 | $594.1M | $35.7M | ||
| Q2 25 | $593.5M | $35.8M | ||
| Q1 25 | $591.4M | $35.9M | ||
| Q4 24 | $1.4B | $36.0M | ||
| Q3 24 | $844.3M | $36.1M | ||
| Q2 24 | $536.1M | $36.1M |
| Q1 26 | $5.0B | $9.0B | ||
| Q4 25 | $5.0B | $8.9B | ||
| Q3 25 | $4.9B | $8.6B | ||
| Q2 25 | $4.8B | $8.2B | ||
| Q1 25 | $4.7B | $7.9B | ||
| Q4 24 | $4.6B | $7.7B | ||
| Q3 24 | $4.4B | $7.7B | ||
| Q2 24 | $4.2B | $7.2B |
| Q1 26 | $45.6B | $82.9B | ||
| Q4 25 | $45.2B | $80.4B | ||
| Q3 25 | $44.5B | $79.7B | ||
| Q2 25 | $44.0B | $78.2B | ||
| Q1 25 | $43.3B | $76.2B | ||
| Q4 24 | $43.0B | $76.0B | ||
| Q3 24 | $42.2B | $74.5B | ||
| Q2 24 | $41.6B | $72.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.00× | ||
| Q3 25 | 0.12× | 0.00× | ||
| Q2 25 | 0.12× | 0.00× | ||
| Q1 25 | 0.13× | 0.00× | ||
| Q4 24 | 0.31× | 0.00× | ||
| Q3 24 | 0.19× | 0.00× | ||
| Q2 24 | 0.13× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASB
| Net Interest Income | $307.2M | 80% |
| Noninterest Income | $75.9M | 20% |
EWBC
Segment breakdown not available.
