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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and PEGASYSTEMS INC (PEGA). 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 $430.0M, roughly 1.8× PEGASYSTEMS INC). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 7.6%, a 38.6% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs -9.6%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs 10.7%).

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.

Pegasystems Inc. (Pega) is a global software company based in Waltham, Massachusetts, in the United States, and founded in 1983. The company has been publicly traded since 1996 as PEGA (NASDAQ). Pega is a low-code platform for workflow automation and generative AI-powered decision-making for businesses.

EWBC vs PEGA — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.8× larger
EWBC
$774.0M
$430.0M
PEGA
Growing faster (revenue YoY)
EWBC
EWBC
+21.4% gap
EWBC
11.8%
-9.6%
PEGA
Higher net margin
EWBC
EWBC
38.6% more per $
EWBC
46.3%
7.6%
PEGA
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
10.7%
PEGA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EWBC
EWBC
PEGA
PEGA
Revenue
$774.0M
$430.0M
Net Profit
$358.0M
$32.8M
Gross Margin
75.2%
Operating Margin
8.6%
Net Margin
46.3%
7.6%
Revenue YoY
11.8%
-9.6%
Net Profit YoY
0.4%
EPS (diluted)
$2.57
$0.18

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
PEGA
PEGA
Q1 26
$774.0M
$430.0M
Q4 25
$657.8M
$504.3M
Q3 25
$677.5M
$381.4M
Q2 25
$617.1M
$384.5M
Q1 25
$600.2M
$475.6M
Q4 24
$587.6M
$490.8M
Q3 24
$572.7M
$325.1M
Q2 24
$553.2M
$351.2M
Net Profit
EWBC
EWBC
PEGA
PEGA
Q1 26
$358.0M
$32.8M
Q4 25
$356.3M
$234.6M
Q3 25
$368.4M
$43.4M
Q2 25
$310.3M
$30.1M
Q1 25
$290.3M
$85.4M
Q4 24
$293.1M
$119.1M
Q3 24
$299.2M
$-14.4M
Q2 24
$288.2M
$6.6M
Gross Margin
EWBC
EWBC
PEGA
PEGA
Q1 26
75.2%
Q4 25
79.5%
Q3 25
72.2%
Q2 25
71.5%
Q1 25
78.5%
Q4 24
79.1%
Q3 24
70.2%
Q2 24
72.4%
Operating Margin
EWBC
EWBC
PEGA
PEGA
Q1 26
8.6%
Q4 25
71.0%
20.7%
Q3 25
68.6%
3.8%
Q2 25
65.2%
4.5%
Q1 25
65.2%
26.7%
Q4 24
60.6%
29.1%
Q3 24
68.0%
-3.6%
Q2 24
65.9%
3.7%
Net Margin
EWBC
EWBC
PEGA
PEGA
Q1 26
46.3%
7.6%
Q4 25
54.2%
46.5%
Q3 25
54.4%
11.4%
Q2 25
50.3%
7.8%
Q1 25
48.4%
18.0%
Q4 24
49.9%
24.3%
Q3 24
52.2%
-4.4%
Q2 24
52.1%
1.9%
EPS (diluted)
EWBC
EWBC
PEGA
PEGA
Q1 26
$2.57
$0.18
Q4 25
$2.55
$0.81
Q3 25
$2.65
$0.24
Q2 25
$2.24
$0.17
Q1 25
$2.08
$0.91
Q4 24
$2.10
$1.35
Q3 24
$2.14
$-0.17
Q2 24
$2.06
$0.07

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
PEGA
PEGA
Cash + ST InvestmentsLiquidity on hand
$270.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$705.9M
Total Assets
$82.9B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
PEGA
PEGA
Q1 26
$270.0M
Q4 25
$4.2B
$425.8M
Q3 25
$4.7B
$351.4M
Q2 25
$4.4B
$411.6M
Q1 25
$3.4B
$371.7M
Q4 24
$5.3B
$740.0M
Q3 24
$4.9B
$703.0M
Q2 24
$4.4B
$665.1M
Total Debt
EWBC
EWBC
PEGA
PEGA
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
PEGA
PEGA
Q1 26
$9.0B
$705.9M
Q4 25
$8.9B
$787.4M
Q3 25
$8.6B
$596.8M
Q2 25
$8.2B
$624.5M
Q1 25
$7.9B
$611.3M
Q4 24
$7.7B
$585.5M
Q3 24
$7.7B
$473.0M
Q2 24
$7.2B
$435.4M
Total Assets
EWBC
EWBC
PEGA
PEGA
Q1 26
$82.9B
$1.6B
Q4 25
$80.4B
$1.6B
Q3 25
$79.7B
$1.3B
Q2 25
$78.2B
$1.3B
Q1 25
$76.2B
$1.3B
Q4 24
$76.0B
$1.8B
Q3 24
$74.5B
$1.6B
Q2 24
$72.5B
$1.5B
Debt / Equity
EWBC
EWBC
PEGA
PEGA
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
PEGA
PEGA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$206.5M
FCF MarginFCF / Revenue
48.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
PEGA
PEGA
Q1 26
Q4 25
$713.4M
$158.4M
Q3 25
$231.7M
$56.3M
Q2 25
$278.7M
$86.3M
Q1 25
$277.9M
$204.2M
Q4 24
$500.1M
$95.2M
Q3 24
$386.1M
$30.5M
Q2 24
$259.2M
$40.1M
Free Cash Flow
EWBC
EWBC
PEGA
PEGA
Q1 26
$206.5M
Q4 25
$152.4M
Q3 25
$51.8M
Q2 25
$84.1M
Q1 25
$202.3M
Q4 24
$92.4M
Q3 24
$27.4M
Q2 24
$38.8M
FCF Margin
EWBC
EWBC
PEGA
PEGA
Q1 26
48.0%
Q4 25
30.2%
Q3 25
13.6%
Q2 25
21.9%
Q1 25
42.5%
Q4 24
18.8%
Q3 24
8.4%
Q2 24
11.1%
Capex Intensity
EWBC
EWBC
PEGA
PEGA
Q1 26
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.6%
Q1 25
0.4%
Q4 24
0.6%
Q3 24
0.9%
Q2 24
0.4%
Cash Conversion
EWBC
EWBC
PEGA
PEGA
Q1 26
Q4 25
2.00×
0.68×
Q3 25
0.63×
1.30×
Q2 25
0.90×
2.87×
Q1 25
0.96×
2.39×
Q4 24
1.71×
0.80×
Q3 24
1.29×
Q2 24
0.90×
6.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

PEGA
PEGA

Pega Cloud$205.0M48%
Subscription license$94.9M22%
Maintenance$75.3M18%
Consulting$54.8M13%

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