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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and Grab Holdings Ltd (GRAB). Click either name above to swap in a different company.

Grab Holdings Ltd is the larger business by last-quarter revenue ($1.5B vs $775.0M, roughly 1.9× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs 1.8%, a 44.4% gap on every dollar of revenue.

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.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

EWBC vs GRAB — Head-to-Head

Bigger by revenue
GRAB
GRAB
1.9× larger
GRAB
$1.5B
$775.0M
EWBC
Higher net margin
EWBC
EWBC
44.4% more per $
EWBC
46.2%
1.8%
GRAB

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
EWBC
EWBC
GRAB
GRAB
Revenue
$775.0M
$1.5B
Net Profit
$358.0M
$26.0M
Gross Margin
43.1%
Operating Margin
-2.5%
Net Margin
46.2%
1.8%
Revenue YoY
2.1%
Net Profit YoY
0.4%
EPS (diluted)
$2.57
$0.01

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.

Revenue
EWBC
EWBC
GRAB
GRAB
Q1 26
$775.0M
Q4 25
$657.8M
Q3 25
$677.5M
Q2 25
$617.1M
Q1 25
$600.2M
Q4 24
$587.6M
$1.5B
Q3 24
$572.7M
Q2 24
$553.2M
Net Profit
EWBC
EWBC
GRAB
GRAB
Q1 26
$358.0M
Q4 25
$356.3M
Q3 25
$368.4M
Q2 25
$310.3M
Q1 25
$290.3M
Q4 24
$293.1M
$26.0M
Q3 24
$299.2M
Q2 24
$288.2M
Gross Margin
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
43.1%
Q3 24
Q2 24
Operating Margin
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
71.0%
Q3 25
68.6%
Q2 25
65.2%
Q1 25
65.2%
Q4 24
60.6%
-2.5%
Q3 24
68.0%
Q2 24
65.9%
Net Margin
EWBC
EWBC
GRAB
GRAB
Q1 26
46.2%
Q4 25
54.2%
Q3 25
54.4%
Q2 25
50.3%
Q1 25
48.4%
Q4 24
49.9%
1.8%
Q3 24
52.2%
Q2 24
52.1%
EPS (diluted)
EWBC
EWBC
GRAB
GRAB
Q1 26
$2.57
Q4 25
$2.55
Q3 25
$2.65
Q2 25
$2.24
Q1 25
$2.08
Q4 24
$2.10
$0.01
Q3 24
$2.14
Q2 24
$2.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EWBC
EWBC
GRAB
GRAB
Cash + ST InvestmentsLiquidity on hand
$3.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$6.4B
Total Assets
$82.9B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
$4.2B
Q3 25
$4.7B
Q2 25
$4.4B
Q1 25
$3.4B
Q4 24
$5.3B
$3.0B
Q3 24
$4.9B
Q2 24
$4.4B
Total Debt
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
$35.6M
Q3 25
$35.7M
Q2 25
$35.8M
Q1 25
$35.9M
Q4 24
$36.0M
Q3 24
$36.1M
Q2 24
$36.1M
Stockholders' Equity
EWBC
EWBC
GRAB
GRAB
Q1 26
$9.0B
Q4 25
$8.9B
Q3 25
$8.6B
Q2 25
$8.2B
Q1 25
$7.9B
Q4 24
$7.7B
$6.4B
Q3 24
$7.7B
Q2 24
$7.2B
Total Assets
EWBC
EWBC
GRAB
GRAB
Q1 26
$82.9B
Q4 25
$80.4B
Q3 25
$79.7B
Q2 25
$78.2B
Q1 25
$76.2B
Q4 24
$76.0B
$9.3B
Q3 24
$74.5B
Q2 24
$72.5B
Debt / Equity
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EWBC
EWBC
GRAB
GRAB
Operating Cash FlowLast quarter
$591.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
22.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
$713.4M
Q3 25
$231.7M
Q2 25
$278.7M
Q1 25
$277.9M
Q4 24
$500.1M
$591.0M
Q3 24
$386.1M
Q2 24
$259.2M
Cash Conversion
EWBC
EWBC
GRAB
GRAB
Q1 26
Q4 25
2.00×
Q3 25
0.63×
Q2 25
0.90×
Q1 25
0.96×
Q4 24
1.71×
22.73×
Q3 24
1.29×
Q2 24
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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