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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and HERITAGE COMMERCE CORP (HTBK). 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 $53.6M, roughly 14.5× HERITAGE COMMERCE CORP). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs 28.2%, a 18.0% gap on every dollar of revenue. On growth, HERITAGE COMMERCE CORP posted the faster year-over-year revenue change (15.6% vs 2.1%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.4% CAGR vs 12.8%).

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.

The United States Chamber of Commerce (USCC) is a business association advocacy group and is the largest lobbying group in the United States. The group was founded in April 23, 1912, out of local chambers of commerce at the urging of President William Howard Taft and his secretary of commerce and labor Charles Nagel. President Taft's belief was that the "government needed to deal with a group that could speak with authority for the interests of business."

EWBC vs HTBK — Head-to-Head

Bigger by revenue
EWBC
EWBC
14.5× larger
EWBC
$775.0M
$53.6M
HTBK
Growing faster (revenue YoY)
HTBK
HTBK
+13.5% gap
HTBK
15.6%
2.1%
EWBC
Higher net margin
EWBC
EWBC
18.0% more per $
EWBC
46.2%
28.2%
HTBK
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.4%
12.8%
HTBK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
HTBK
HTBK
Revenue
$775.0M
$53.6M
Net Profit
$358.0M
$15.1M
Gross Margin
Operating Margin
41.0%
Net Margin
46.2%
28.2%
Revenue YoY
2.1%
15.6%
Net Profit YoY
0.4%
42.3%
EPS (diluted)
$2.57
$0.25

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
HTBK
HTBK
Q1 26
$775.0M
Q4 25
$657.8M
$53.6M
Q3 25
$677.5M
$50.0M
Q2 25
$617.1M
$47.8M
Q1 25
$600.2M
$46.1M
Q4 24
$587.6M
$46.4M
Q3 24
$572.7M
$42.2M
Q2 24
$553.2M
$41.7M
Net Profit
EWBC
EWBC
HTBK
HTBK
Q1 26
$358.0M
Q4 25
$356.3M
$15.1M
Q3 25
$368.4M
$14.7M
Q2 25
$310.3M
$6.4M
Q1 25
$290.3M
$11.6M
Q4 24
$293.1M
$10.6M
Q3 24
$299.2M
$10.5M
Q2 24
$288.2M
$9.2M
Operating Margin
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
71.0%
41.0%
Q3 25
68.6%
41.1%
Q2 25
65.2%
18.7%
Q1 25
65.2%
35.4%
Q4 24
60.6%
31.8%
Q3 24
68.0%
34.3%
Q2 24
65.9%
31.3%
Net Margin
EWBC
EWBC
HTBK
HTBK
Q1 26
46.2%
Q4 25
54.2%
28.2%
Q3 25
54.4%
29.4%
Q2 25
50.3%
13.4%
Q1 25
48.4%
25.2%
Q4 24
49.9%
22.9%
Q3 24
52.2%
24.9%
Q2 24
52.1%
22.1%
EPS (diluted)
EWBC
EWBC
HTBK
HTBK
Q1 26
$2.57
Q4 25
$2.55
$0.25
Q3 25
$2.65
$0.24
Q2 25
$2.24
$0.10
Q1 25
$2.08
$0.19
Q4 24
$2.10
$0.17
Q3 24
$2.14
$0.17
Q2 24
$2.06
$0.15

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
HTBK
HTBK
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$708.6M
Total Assets
$82.9B
$5.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
HTBK
HTBK
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
Total Debt
EWBC
EWBC
HTBK
HTBK
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
HTBK
HTBK
Q1 26
$9.0B
Q4 25
$8.9B
$708.6M
Q3 25
$8.6B
$700.0M
Q2 25
$8.2B
$694.7M
Q1 25
$7.9B
$696.2M
Q4 24
$7.7B
$689.7M
Q3 24
$7.7B
$685.4M
Q2 24
$7.2B
$679.2M
Total Assets
EWBC
EWBC
HTBK
HTBK
Q1 26
$82.9B
Q4 25
$80.4B
$5.8B
Q3 25
$79.7B
$5.6B
Q2 25
$78.2B
$5.5B
Q1 25
$76.2B
$5.5B
Q4 24
$76.0B
$5.6B
Q3 24
$74.5B
$5.6B
Q2 24
$72.5B
$5.3B
Debt / Equity
EWBC
EWBC
HTBK
HTBK
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
HTBK
HTBK
Operating Cash FlowLast quarter
$61.7M
Free Cash FlowOCF − Capex
$61.3M
FCF MarginFCF / Revenue
114.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
$713.4M
$61.7M
Q3 25
$231.7M
$18.9M
Q2 25
$278.7M
$8.0M
Q1 25
$277.9M
$14.8M
Q4 24
$500.1M
$39.0M
Q3 24
$386.1M
$5.3M
Q2 24
$259.2M
$10.5M
Free Cash Flow
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
$61.3M
Q3 25
$18.8M
Q2 25
Q1 25
Q4 24
$37.3M
Q3 24
$4.9M
Q2 24
$9.9M
FCF Margin
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
114.3%
Q3 25
37.7%
Q2 25
Q1 25
Q4 24
80.5%
Q3 24
11.6%
Q2 24
23.6%
Capex Intensity
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
0.7%
Q3 25
0.1%
Q2 25
Q1 25
Q4 24
3.5%
Q3 24
1.0%
Q2 24
1.6%
Cash Conversion
EWBC
EWBC
HTBK
HTBK
Q1 26
Q4 25
2.00×
4.08×
Q3 25
0.63×
1.28×
Q2 25
0.90×
1.25×
Q1 25
0.96×
1.28×
Q4 24
1.71×
3.67×
Q3 24
1.29×
0.50×
Q2 24
0.90×
1.14×

Financial Flow Comparison

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

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