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

Transocean Ltd. is the larger business by last-quarter revenue ($1.0B vs $774.0M, roughly 1.3× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 2.4%, a 43.9% 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 16.9%).

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.

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

EWBC vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.3× larger
RIG
$1.0B
$774.0M
EWBC
Growing faster (revenue YoY)
EWBC
EWBC
+2.3% gap
EWBC
11.8%
9.6%
RIG
Higher net margin
EWBC
EWBC
43.9% more per $
EWBC
46.3%
2.4%
RIG
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
16.9%
RIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
RIG
RIG
Revenue
$774.0M
$1.0B
Net Profit
$358.0M
$25.0M
Gross Margin
42.0%
Operating Margin
23.0%
Net Margin
46.3%
2.4%
Revenue YoY
11.8%
9.6%
Net Profit YoY
0.4%
257.1%
EPS (diluted)
$2.57
$0.13

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
RIG
RIG
Q1 26
$774.0M
Q4 25
$657.8M
$1.0B
Q3 25
$677.5M
$1.0B
Q2 25
$617.1M
$988.0M
Q1 25
$600.2M
$906.0M
Q4 24
$587.6M
$952.0M
Q3 24
$572.7M
$948.0M
Q2 24
$553.2M
$861.0M
Net Profit
EWBC
EWBC
RIG
RIG
Q1 26
$358.0M
Q4 25
$356.3M
$25.0M
Q3 25
$368.4M
$-1.9B
Q2 25
$310.3M
$-938.0M
Q1 25
$290.3M
$-79.0M
Q4 24
$293.1M
$7.0M
Q3 24
$299.2M
$-494.0M
Q2 24
$288.2M
$-123.0M
Gross Margin
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
42.0%
Q3 25
43.2%
Q2 25
39.4%
Q1 25
31.8%
Q4 24
39.2%
Q3 24
40.6%
Q2 24
38.0%
Operating Margin
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
71.0%
23.0%
Q3 25
68.6%
-163.1%
Q2 25
65.2%
-97.6%
Q1 25
65.2%
7.1%
Q4 24
60.6%
13.7%
Q3 24
68.0%
-51.2%
Q2 24
65.9%
-6.9%
Net Margin
EWBC
EWBC
RIG
RIG
Q1 26
46.3%
Q4 25
54.2%
2.4%
Q3 25
54.4%
-187.1%
Q2 25
50.3%
-94.9%
Q1 25
48.4%
-8.7%
Q4 24
49.9%
0.7%
Q3 24
52.2%
-52.1%
Q2 24
52.1%
-14.3%
EPS (diluted)
EWBC
EWBC
RIG
RIG
Q1 26
$2.57
Q4 25
$2.55
$0.13
Q3 25
$2.65
$-2.00
Q2 25
$2.24
$-1.06
Q1 25
$2.08
$-0.11
Q4 24
$2.10
$-0.14
Q3 24
$2.14
$-0.58
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
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$620.0M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$9.0B
$8.1B
Total Assets
$82.9B
$15.6B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
$4.2B
$620.0M
Q3 25
$4.7B
$833.0M
Q2 25
$4.4B
$377.0M
Q1 25
$3.4B
$263.0M
Q4 24
$5.3B
$560.0M
Q3 24
$4.9B
$435.0M
Q2 24
$4.4B
$475.0M
Total Debt
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
$35.6M
$5.2B
Q3 25
$35.7M
$4.8B
Q2 25
$35.8M
$5.9B
Q1 25
$35.9M
$5.9B
Q4 24
$36.0M
$6.2B
Q3 24
$36.1M
$6.5B
Q2 24
$36.1M
$6.8B
Stockholders' Equity
EWBC
EWBC
RIG
RIG
Q1 26
$9.0B
Q4 25
$8.9B
$8.1B
Q3 25
$8.6B
$8.1B
Q2 25
$8.2B
$9.4B
Q1 25
$7.9B
$10.2B
Q4 24
$7.7B
$10.3B
Q3 24
$7.7B
$10.2B
Q2 24
$7.2B
$10.7B
Total Assets
EWBC
EWBC
RIG
RIG
Q1 26
$82.9B
Q4 25
$80.4B
$15.6B
Q3 25
$79.7B
$16.2B
Q2 25
$78.2B
$17.8B
Q1 25
$76.2B
$19.0B
Q4 24
$76.0B
$19.4B
Q3 24
$74.5B
$19.5B
Q2 24
$72.5B
$20.3B
Debt / Equity
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
0.00×
0.64×
Q3 25
0.00×
0.60×
Q2 25
0.00×
0.63×
Q1 25
0.00×
0.58×
Q4 24
0.00×
0.60×
Q3 24
0.00×
0.64×
Q2 24
0.01×
0.63×

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
RIG
RIG
Operating Cash FlowLast quarter
$349.0M
Free Cash FlowOCF − Capex
$321.0M
FCF MarginFCF / Revenue
30.8%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
13.96×
TTM Free Cash FlowTrailing 4 quarters
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
$713.4M
$349.0M
Q3 25
$231.7M
$246.0M
Q2 25
$278.7M
$128.0M
Q1 25
$277.9M
$26.0M
Q4 24
$500.1M
$206.0M
Q3 24
$386.1M
$194.0M
Q2 24
$259.2M
$133.0M
Free Cash Flow
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
$321.0M
Q3 25
$235.0M
Q2 25
$104.0M
Q1 25
$-34.0M
Q4 24
$177.0M
Q3 24
$136.0M
Q2 24
$49.0M
FCF Margin
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
30.8%
Q3 25
22.9%
Q2 25
10.5%
Q1 25
-3.8%
Q4 24
18.6%
Q3 24
14.3%
Q2 24
5.7%
Capex Intensity
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
2.7%
Q3 25
1.1%
Q2 25
2.4%
Q1 25
6.6%
Q4 24
3.0%
Q3 24
6.1%
Q2 24
9.8%
Cash Conversion
EWBC
EWBC
RIG
RIG
Q1 26
Q4 25
2.00×
13.96×
Q3 25
0.63×
Q2 25
0.90×
Q1 25
0.96×
Q4 24
1.71×
29.43×
Q3 24
1.29×
Q2 24
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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