Asset quality remained strong with net charge-offs at 13 basis points ($18 million), slightly higher than the prior quarter's 11 basis points.
Deposits grew by over $1.5 billion, with noninterest-bearing deposits outpacing time deposits on a percentage basis.
East West Bancorp reported record quarterly revenue, net income, and earnings per share in Q3 2025.
Efficiency ratio for Q3 was 35.6%, reflecting strong expense control despite investments for growth.
Fee income hit a record $92 million, up 13% year-over-year, with wealth management fees growing 36%.
Net interest income (NII) reached a record $677 million, including $32 million from discount accretion and interest recoveries; adjusted NII was $645 million.
Nonperforming assets stood at 25 basis points, and criticized loans declined to 2.14%.
Operating expenses were $261 million, including a $27 million one-time compensation charge related to equity awards for retirement-eligible employees.
Dafinchi