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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.

MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $774.0M, roughly 1.6× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs -35.0%, a 81.3% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs -0.7%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs 5.2%).

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.

Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...

EWBC vs VAC — Head-to-Head

Bigger by revenue
VAC
VAC
1.6× larger
VAC
$1.2B
$774.0M
EWBC
Growing faster (revenue YoY)
EWBC
EWBC
+12.6% gap
EWBC
11.8%
-0.7%
VAC
Higher net margin
EWBC
EWBC
81.3% more per $
EWBC
46.3%
-35.0%
VAC
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
5.2%
VAC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
VAC
VAC
Revenue
$774.0M
$1.2B
Net Profit
$358.0M
$-431.0M
Gross Margin
Operating Margin
Net Margin
46.3%
-35.0%
Revenue YoY
11.8%
-0.7%
Net Profit YoY
0.4%
-962.0%
EPS (diluted)
$2.57
$-12.00

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
VAC
VAC
Q1 26
$774.0M
Q4 25
$657.8M
$1.2B
Q3 25
$677.5M
$1.2B
Q2 25
$617.1M
$1.2B
Q1 25
$600.2M
$1.1B
Q4 24
$587.6M
$1.2B
Q3 24
$572.7M
$1.2B
Q2 24
$553.2M
$1.1B
Net Profit
EWBC
EWBC
VAC
VAC
Q1 26
$358.0M
Q4 25
$356.3M
$-431.0M
Q3 25
$368.4M
$-2.0M
Q2 25
$310.3M
$69.0M
Q1 25
$290.3M
$56.0M
Q4 24
$293.1M
$50.0M
Q3 24
$299.2M
$84.0M
Q2 24
$288.2M
$37.0M
Operating Margin
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
71.0%
Q3 25
68.6%
Q2 25
65.2%
Q1 25
65.2%
Q4 24
60.6%
Q3 24
68.0%
Q2 24
65.9%
Net Margin
EWBC
EWBC
VAC
VAC
Q1 26
46.3%
Q4 25
54.2%
-35.0%
Q3 25
54.4%
-0.2%
Q2 25
50.3%
6.0%
Q1 25
48.4%
5.0%
Q4 24
49.9%
4.0%
Q3 24
52.2%
6.9%
Q2 24
52.1%
3.5%
EPS (diluted)
EWBC
EWBC
VAC
VAC
Q1 26
$2.57
Q4 25
$2.55
$-12.00
Q3 25
$2.65
$-0.07
Q2 25
$2.24
$1.77
Q1 25
$2.08
$1.46
Q4 24
$2.10
$1.29
Q3 24
$2.14
$2.12
Q2 24
$2.06
$0.98

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
VAC
VAC
Cash + ST InvestmentsLiquidity on hand
$406.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$2.0B
Total Assets
$82.9B
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
$4.2B
$406.0M
Q3 25
$4.7B
$474.0M
Q2 25
$4.4B
$205.0M
Q1 25
$3.4B
$196.0M
Q4 24
$5.3B
$197.0M
Q3 24
$4.9B
$197.0M
Q2 24
$4.4B
$206.0M
Total Debt
EWBC
EWBC
VAC
VAC
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
VAC
VAC
Q1 26
$9.0B
Q4 25
$8.9B
$2.0B
Q3 25
$8.6B
$2.5B
Q2 25
$8.2B
$2.5B
Q1 25
$7.9B
$2.4B
Q4 24
$7.7B
$2.4B
Q3 24
$7.7B
$2.4B
Q2 24
$7.2B
$2.4B
Total Assets
EWBC
EWBC
VAC
VAC
Q1 26
$82.9B
Q4 25
$80.4B
$9.8B
Q3 25
$79.7B
$10.1B
Q2 25
$78.2B
$9.9B
Q1 25
$76.2B
$9.9B
Q4 24
$76.0B
$9.8B
Q3 24
$74.5B
$9.7B
Q2 24
$72.5B
$9.6B
Debt / Equity
EWBC
EWBC
VAC
VAC
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
VAC
VAC
Operating Cash FlowLast quarter
$6.0M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-29.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
$713.4M
$6.0M
Q3 25
$231.7M
$62.0M
Q2 25
$278.7M
$-48.0M
Q1 25
$277.9M
$8.0M
Q4 24
$500.1M
$100.0M
Q3 24
$386.1M
$72.0M
Q2 24
$259.2M
$30.0M
Free Cash Flow
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
$-6.0M
Q3 25
$51.0M
Q2 25
$-68.0M
Q1 25
$-6.0M
Q4 24
$86.0M
Q3 24
$58.0M
Q2 24
$17.0M
FCF Margin
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
-0.5%
Q3 25
4.3%
Q2 25
-5.9%
Q1 25
-0.5%
Q4 24
6.9%
Q3 24
4.8%
Q2 24
1.6%
Capex Intensity
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
1.0%
Q3 25
0.9%
Q2 25
1.7%
Q1 25
1.3%
Q4 24
1.1%
Q3 24
1.1%
Q2 24
1.2%
Cash Conversion
EWBC
EWBC
VAC
VAC
Q1 26
Q4 25
2.00×
Q3 25
0.63×
Q2 25
0.90×
-0.70×
Q1 25
0.96×
0.14×
Q4 24
1.71×
2.00×
Q3 24
1.29×
0.86×
Q2 24
0.90×
0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

VAC
VAC

Cost Reimbursement$467.0M38%
Time Share$381.0M31%
Management And Exchange$212.0M17%
Ancillary Revenues$64.0M5%
Management Service$55.0M4%
Service Other$36.0M3%

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