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

Realty Income is the larger business by last-quarter revenue ($1.5B vs $774.0M, roughly 1.9× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 19.9%, a 26.4% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs 11.0%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs 8.6%).

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.

Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. These properties are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.

EWBC vs O — Head-to-Head

Bigger by revenue
O
O
1.9× larger
O
$1.5B
$774.0M
EWBC
Growing faster (revenue YoY)
EWBC
EWBC
+0.8% gap
EWBC
11.8%
11.0%
O
Higher net margin
EWBC
EWBC
26.4% more per $
EWBC
46.3%
19.9%
O
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
8.6%
O

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
O
O
Revenue
$774.0M
$1.5B
Net Profit
$358.0M
$296.1M
Gross Margin
Operating Margin
21.7%
Net Margin
46.3%
19.9%
Revenue YoY
11.8%
11.0%
Net Profit YoY
0.4%
48.3%
EPS (diluted)
$2.57
$0.32

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
O
O
Q1 26
$774.0M
Q4 25
$657.8M
$1.5B
Q3 25
$677.5M
$1.5B
Q2 25
$617.1M
$1.4B
Q1 25
$600.2M
$1.4B
Q4 24
$587.6M
$1.3B
Q3 24
$572.7M
$1.3B
Q2 24
$553.2M
$1.3B
Net Profit
EWBC
EWBC
O
O
Q1 26
$358.0M
Q4 25
$356.3M
$296.1M
Q3 25
$368.4M
$315.8M
Q2 25
$310.3M
$196.9M
Q1 25
$290.3M
$249.8M
Q4 24
$293.1M
$199.6M
Q3 24
$299.2M
$269.5M
Q2 24
$288.2M
$259.4M
Operating Margin
EWBC
EWBC
O
O
Q1 26
Q4 25
71.0%
21.7%
Q3 25
68.6%
23.2%
Q2 25
65.2%
15.8%
Q1 25
65.2%
19.3%
Q4 24
60.6%
16.5%
Q3 24
68.0%
21.5%
Q2 24
65.9%
20.7%
Net Margin
EWBC
EWBC
O
O
Q1 26
46.3%
Q4 25
54.2%
19.9%
Q3 25
54.4%
21.5%
Q2 25
50.3%
14.0%
Q1 25
48.4%
18.1%
Q4 24
49.9%
14.9%
Q3 24
52.2%
20.2%
Q2 24
52.1%
19.4%
EPS (diluted)
EWBC
EWBC
O
O
Q1 26
$2.57
Q4 25
$2.55
$0.32
Q3 25
$2.65
$0.35
Q2 25
$2.24
$0.22
Q1 25
$2.08
$0.28
Q4 24
$2.10
$0.23
Q3 24
$2.14
$0.30
Q2 24
$2.06
$0.29

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
O
O
Cash + ST InvestmentsLiquidity on hand
$434.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$39.4B
Total Assets
$82.9B
$72.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
O
O
Q1 26
Q4 25
$4.2B
$434.8M
Q3 25
$4.7B
$417.2M
Q2 25
$4.4B
$800.4M
Q1 25
$3.4B
$319.0M
Q4 24
$5.3B
$445.0M
Q3 24
$4.9B
$397.0M
Q2 24
$4.4B
$442.8M
Total Debt
EWBC
EWBC
O
O
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
O
O
Q1 26
$9.0B
Q4 25
$8.9B
$39.4B
Q3 25
$8.6B
$39.1B
Q2 25
$8.2B
$39.2B
Q1 25
$7.9B
$39.0B
Q4 24
$7.7B
$38.8B
Q3 24
$7.7B
$38.5B
Q2 24
$7.2B
$38.6B
Total Assets
EWBC
EWBC
O
O
Q1 26
$82.9B
Q4 25
$80.4B
$72.8B
Q3 25
$79.7B
$71.3B
Q2 25
$78.2B
$71.4B
Q1 25
$76.2B
$69.8B
Q4 24
$76.0B
$68.8B
Q3 24
$74.5B
$68.5B
Q2 24
$72.5B
$68.1B
Debt / Equity
EWBC
EWBC
O
O
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
O
O
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$1.2B
FCF MarginFCF / Revenue
77.6%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
4.06×
TTM Free Cash FlowTrailing 4 quarters
$3.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
O
O
Q1 26
Q4 25
$713.4M
$1.2B
Q3 25
$231.7M
$943.1M
Q2 25
$278.7M
$1.1B
Q1 25
$277.9M
$787.5M
Q4 24
$500.1M
$972.0M
Q3 24
$386.1M
$841.5M
Q2 24
$259.2M
$981.2M
Free Cash Flow
EWBC
EWBC
O
O
Q1 26
Q4 25
$1.2B
Q3 25
$909.9M
Q2 25
$1.0B
Q1 25
$764.6M
Q4 24
$935.8M
Q3 24
$807.9M
Q2 24
$939.2M
FCF Margin
EWBC
EWBC
O
O
Q1 26
Q4 25
77.6%
Q3 25
61.9%
Q2 25
73.3%
Q1 25
55.4%
Q4 24
69.8%
Q3 24
60.7%
Q2 24
70.1%
Capex Intensity
EWBC
EWBC
O
O
Q1 26
Q4 25
3.3%
Q3 25
2.3%
Q2 25
1.9%
Q1 25
1.7%
Q4 24
2.7%
Q3 24
2.5%
Q2 24
3.1%
Cash Conversion
EWBC
EWBC
O
O
Q1 26
Q4 25
2.00×
4.06×
Q3 25
0.63×
2.99×
Q2 25
0.90×
5.39×
Q1 25
0.96×
3.15×
Q4 24
1.71×
4.87×
Q3 24
1.29×
3.12×
Q2 24
0.90×
3.78×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

O
O

Product And Service Retail$900.8M61%
Other$531.5M36%

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