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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and Zurn Elkay Water Solutions Corp (ZWS). 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 $407.2M, roughly 1.9× Zurn Elkay Water Solutions Corp). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 10.3%, a 35.9% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs 9.8%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs 4.4%).

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.

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

EWBC vs ZWS — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.9× larger
EWBC
$774.0M
$407.2M
ZWS
Growing faster (revenue YoY)
EWBC
EWBC
+2.0% gap
EWBC
11.8%
9.8%
ZWS
Higher net margin
EWBC
EWBC
35.9% more per $
EWBC
46.3%
10.3%
ZWS
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
4.4%
ZWS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
ZWS
ZWS
Revenue
$774.0M
$407.2M
Net Profit
$358.0M
$42.1M
Gross Margin
44.4%
Operating Margin
14.8%
Net Margin
46.3%
10.3%
Revenue YoY
11.8%
9.8%
Net Profit YoY
0.4%
15.7%
EPS (diluted)
$2.57
$0.24

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
ZWS
ZWS
Q1 26
$774.0M
Q4 25
$657.8M
$407.2M
Q3 25
$677.5M
$455.4M
Q2 25
$617.1M
$444.5M
Q1 25
$600.2M
$388.8M
Q4 24
$587.6M
$370.7M
Q3 24
$572.7M
$410.0M
Q2 24
$553.2M
$412.0M
Net Profit
EWBC
EWBC
ZWS
ZWS
Q1 26
$358.0M
Q4 25
$356.3M
$42.1M
Q3 25
$368.4M
$61.8M
Q2 25
$310.3M
$50.5M
Q1 25
$290.3M
$43.6M
Q4 24
$293.1M
$36.4M
Q3 24
$299.2M
$43.5M
Q2 24
$288.2M
$46.0M
Gross Margin
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
44.4%
Q3 25
44.1%
Q2 25
45.5%
Q1 25
46.6%
Q4 24
43.5%
Q3 24
46.2%
Q2 24
45.2%
Operating Margin
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
71.0%
14.8%
Q3 25
68.6%
17.0%
Q2 25
65.2%
17.5%
Q1 25
65.2%
16.3%
Q4 24
60.6%
13.3%
Q3 24
68.0%
17.1%
Q2 24
65.9%
17.5%
Net Margin
EWBC
EWBC
ZWS
ZWS
Q1 26
46.3%
Q4 25
54.2%
10.3%
Q3 25
54.4%
13.6%
Q2 25
50.3%
11.4%
Q1 25
48.4%
11.2%
Q4 24
49.9%
9.8%
Q3 24
52.2%
10.6%
Q2 24
52.1%
11.2%
EPS (diluted)
EWBC
EWBC
ZWS
ZWS
Q1 26
$2.57
Q4 25
$2.55
$0.24
Q3 25
$2.65
$0.36
Q2 25
$2.24
$0.29
Q1 25
$2.08
$0.26
Q4 24
$2.10
$0.21
Q3 24
$2.14
$0.25
Q2 24
$2.06
$0.27

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$300.5M
Total DebtLower is stronger
$496.5M
Stockholders' EquityBook value
$9.0B
$1.6B
Total Assets
$82.9B
$2.7B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
$4.2B
$300.5M
Q3 25
$4.7B
$260.1M
Q2 25
$4.4B
$201.9M
Q1 25
$3.4B
$144.7M
Q4 24
$5.3B
$198.0M
Q3 24
$4.9B
$187.9M
Q2 24
$4.4B
$162.7M
Total Debt
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
$35.6M
$496.5M
Q3 25
$35.7M
$496.4M
Q2 25
$35.8M
$495.9M
Q1 25
$35.9M
$495.8M
Q4 24
$36.0M
$495.6M
Q3 24
$36.1M
$495.6M
Q2 24
$36.1M
$495.5M
Stockholders' Equity
EWBC
EWBC
ZWS
ZWS
Q1 26
$9.0B
Q4 25
$8.9B
$1.6B
Q3 25
$8.6B
$1.6B
Q2 25
$8.2B
$1.6B
Q1 25
$7.9B
$1.5B
Q4 24
$7.7B
$1.6B
Q3 24
$7.7B
$1.6B
Q2 24
$7.2B
$1.6B
Total Assets
EWBC
EWBC
ZWS
ZWS
Q1 26
$82.9B
Q4 25
$80.4B
$2.7B
Q3 25
$79.7B
$2.7B
Q2 25
$78.2B
$2.7B
Q1 25
$76.2B
$2.6B
Q4 24
$76.0B
$2.6B
Q3 24
$74.5B
$2.7B
Q2 24
$72.5B
$2.7B
Debt / Equity
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
0.00×
0.31×
Q3 25
0.00×
0.31×
Q2 25
0.00×
0.32×
Q1 25
0.00×
0.32×
Q4 24
0.00×
0.31×
Q3 24
0.00×
0.31×
Q2 24
0.01×
0.31×

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
ZWS
ZWS
Operating Cash FlowLast quarter
$91.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.18×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
$713.4M
$91.7M
Q3 25
$231.7M
$101.3M
Q2 25
$278.7M
$110.6M
Q1 25
$277.9M
$42.9M
Q4 24
$500.1M
$63.6M
Q3 24
$386.1M
$90.9M
Q2 24
$259.2M
$85.1M
Cash Conversion
EWBC
EWBC
ZWS
ZWS
Q1 26
Q4 25
2.00×
2.18×
Q3 25
0.63×
1.64×
Q2 25
0.90×
2.19×
Q1 25
0.96×
0.98×
Q4 24
1.71×
1.75×
Q3 24
1.29×
2.09×
Q2 24
0.90×
1.85×

Financial Flow Comparison

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

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