vs

Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and ITRON, INC. (ITRI). Click either name above to swap in a different company.

EAST WEST BANCORP INC is the larger business by last-quarter revenue ($774.0M vs $587.0M, roughly 1.3× ITRON, INC.). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 9.1%, a 37.1% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs -3.3%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs -1.8%).

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.

Itron, Inc. is an American technology company that offers products and services for energy and water resource management. It is headquartered in Liberty Lake, Washington, United States. The company's products measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology, communications systems, software, as well as managed and consulting services.

EWBC vs ITRI — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.3× larger
EWBC
$774.0M
$587.0M
ITRI
Growing faster (revenue YoY)
EWBC
EWBC
+15.2% gap
EWBC
11.8%
-3.3%
ITRI
Higher net margin
EWBC
EWBC
37.1% more per $
EWBC
46.3%
9.1%
ITRI
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
-1.8%
ITRI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EWBC
EWBC
ITRI
ITRI
Revenue
$774.0M
$587.0M
Net Profit
$358.0M
$53.6M
Gross Margin
40.3%
Operating Margin
11.5%
Net Margin
46.3%
9.1%
Revenue YoY
11.8%
-3.3%
Net Profit YoY
0.4%
-18.0%
EPS (diluted)
$2.57
$1.18

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
ITRI
ITRI
Q1 26
$774.0M
$587.0M
Q4 25
$657.8M
$571.7M
Q3 25
$677.5M
$581.6M
Q2 25
$617.1M
$606.8M
Q1 25
$600.2M
$607.2M
Q4 24
$587.6M
$612.9M
Q3 24
$572.7M
$615.5M
Q2 24
$553.2M
$609.1M
Net Profit
EWBC
EWBC
ITRI
ITRI
Q1 26
$358.0M
$53.6M
Q4 25
$356.3M
$101.6M
Q3 25
$368.4M
$65.6M
Q2 25
$310.3M
$68.3M
Q1 25
$290.3M
$65.5M
Q4 24
$293.1M
$58.1M
Q3 24
$299.2M
$78.0M
Q2 24
$288.2M
$51.3M
Gross Margin
EWBC
EWBC
ITRI
ITRI
Q1 26
40.3%
Q4 25
40.5%
Q3 25
37.7%
Q2 25
36.9%
Q1 25
35.8%
Q4 24
34.9%
Q3 24
34.1%
Q2 24
34.6%
Operating Margin
EWBC
EWBC
ITRI
ITRI
Q1 26
11.5%
Q4 25
71.0%
13.8%
Q3 25
68.6%
14.1%
Q2 25
65.2%
12.6%
Q1 25
65.2%
12.6%
Q4 24
60.6%
10.2%
Q3 24
68.0%
12.0%
Q2 24
65.9%
10.6%
Net Margin
EWBC
EWBC
ITRI
ITRI
Q1 26
46.3%
9.1%
Q4 25
54.2%
17.8%
Q3 25
54.4%
11.3%
Q2 25
50.3%
11.3%
Q1 25
48.4%
10.8%
Q4 24
49.9%
9.5%
Q3 24
52.2%
12.7%
Q2 24
52.1%
8.4%
EPS (diluted)
EWBC
EWBC
ITRI
ITRI
Q1 26
$2.57
$1.18
Q4 25
$2.55
$2.20
Q3 25
$2.65
$1.41
Q2 25
$2.24
$1.47
Q1 25
$2.08
$1.42
Q4 24
$2.10
$1.26
Q3 24
$2.14
$1.70
Q2 24
$2.06
$1.10

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
ITRI
ITRI
Cash + ST InvestmentsLiquidity on hand
$712.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$1.6B
Total Assets
$82.9B
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
ITRI
ITRI
Q1 26
$712.9M
Q4 25
$4.2B
$1.0B
Q3 25
$4.7B
$1.3B
Q2 25
$4.4B
$1.2B
Q1 25
$3.4B
$1.1B
Q4 24
$5.3B
$1.1B
Q3 24
$4.9B
$982.5M
Q2 24
$4.4B
$920.6M
Total Debt
EWBC
EWBC
ITRI
ITRI
Q1 26
Q4 25
$35.6M
$1.3B
Q3 25
$35.7M
Q2 25
$35.8M
Q1 25
$35.9M
Q4 24
$36.0M
$1.3B
Q3 24
$36.1M
$1.3B
Q2 24
$36.1M
$1.3B
Stockholders' Equity
EWBC
EWBC
ITRI
ITRI
Q1 26
$9.0B
$1.6B
Q4 25
$8.9B
$1.7B
Q3 25
$8.6B
$1.7B
Q2 25
$8.2B
$1.6B
Q1 25
$7.9B
$1.5B
Q4 24
$7.7B
$1.4B
Q3 24
$7.7B
$1.3B
Q2 24
$7.2B
$1.2B
Total Assets
EWBC
EWBC
ITRI
ITRI
Q1 26
$82.9B
$4.0B
Q4 25
$80.4B
$3.7B
Q3 25
$79.7B
$3.7B
Q2 25
$78.2B
$3.6B
Q1 25
$76.2B
$3.5B
Q4 24
$76.0B
$3.4B
Q3 24
$74.5B
$3.4B
Q2 24
$72.5B
$3.3B
Debt / Equity
EWBC
EWBC
ITRI
ITRI
Q1 26
Q4 25
0.00×
0.74×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
0.91×
Q3 24
0.00×
0.94×
Q2 24
0.01×
1.02×

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
ITRI
ITRI
Operating Cash FlowLast quarter
$85.5M
Free Cash FlowOCF − Capex
$79.0M
FCF MarginFCF / Revenue
13.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$394.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
ITRI
ITRI
Q1 26
$85.5M
Q4 25
$713.4M
$119.3M
Q3 25
$231.7M
$117.8M
Q2 25
$278.7M
$96.7M
Q1 25
$277.9M
$72.1M
Q4 24
$500.1M
$79.8M
Q3 24
$386.1M
$65.3M
Q2 24
$259.2M
$51.7M
Free Cash Flow
EWBC
EWBC
ITRI
ITRI
Q1 26
$79.0M
Q4 25
$111.5M
Q3 25
$113.4M
Q2 25
$90.7M
Q1 25
$67.5M
Q4 24
$70.2M
Q3 24
$58.7M
Q2 24
$44.6M
FCF Margin
EWBC
EWBC
ITRI
ITRI
Q1 26
13.5%
Q4 25
19.5%
Q3 25
19.5%
Q2 25
14.9%
Q1 25
11.1%
Q4 24
11.4%
Q3 24
9.5%
Q2 24
7.3%
Capex Intensity
EWBC
EWBC
ITRI
ITRI
Q1 26
Q4 25
1.4%
Q3 25
0.8%
Q2 25
1.0%
Q1 25
0.8%
Q4 24
1.6%
Q3 24
1.1%
Q2 24
1.2%
Cash Conversion
EWBC
EWBC
ITRI
ITRI
Q1 26
1.60×
Q4 25
2.00×
1.17×
Q3 25
0.63×
1.80×
Q2 25
0.90×
1.41×
Q1 25
0.96×
1.10×
Q4 24
1.71×
1.37×
Q3 24
1.29×
0.84×
Q2 24
0.90×
1.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

ITRI
ITRI

Product revenues$477.8M81%
Service revenues$109.2M19%

Related Comparisons