East West Banking Corporation (PSE: EW)

East West Banking Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	12,005	28,281	23,252	28,760	20,833	12,158
Investment Securities	104,879	94,878	81,222	78,891	67,192	56,467
Trading Asset Securities	9,372	4,134	1,977	4,072	7,554	16,945
Total Investments	114,251	99,012	83,199	82,963	74,745	73,412
Gross Loans	320,228	302,225	263,291	215,866	245,527	269,105
Allowance for Loan Losses	-12,364	-10,240	-10,778	-11,095	-11,789	-6,321
Net Loans	307,864	291,985	252,513	204,771	233,738	262,784
Property, Plant & Equipment	7,218	7,164	5,600	4,422	5,090	5,437
Goodwill	-	3,877	3,877	3,877	3,877	3,877
Other Intangible Assets	6,962	3,066	3,019	2,918	2,916	3,020
Investments in Real Estate	993.53	975.6	840.24	927.99	981.15	949.14
Accrued Interest Receivable	6,131	4,505	5,449	5,736	7,227	2,325
Other Receivables	111.4	125.54	126.4	3,055	2,415	2,194
Restricted Cash	30,666	16,172	36,114	58,842	48,893	34,287
Other Current Assets	-	912.53	966.14	832.38	448.06	151.28
Long-Term Deferred Tax Assets	4,250	4,099	3,907	4,160	5,170	2,821
Other Real Estate Owned & Foreclosed	-	2,025	967.37	2,606	717.93	998.82
Other Long-Term Assets	5,142	1,410	1,315	789.18	930.35	1,500
Total Assets	495,593	464,205	421,372	404,762	408,202	406,324
Accounts Payable	-	10,134	8,343	3,855	3,926	3,421
Accrued Expenses	4,229	4,137	3,185	2,837	2,757	2,452
Interest Bearing Deposits	235,057	356,535	329,166	206,524	222,118	215,968
Non-Interest Bearing Deposits	136,359	-	-	120,321	106,938	88,758
Total Deposits	371,417	356,535	329,166	326,845	329,056	304,726
Short-Term Borrowings	32,777	15,495	6,813	212.69	3,588	31,041
Current Portion of Long-Term Debt	-	-	3,698	-	-	4,979
Current Portion of Leases	889.53	873.63	784.02	876.74	827.61	788.48
Current Income Taxes Payable	419.42	297.17	126.21	141.26	402.33	595.85
Accrued Interest Payable	624.14	500.42	293.74	138.59	190.21	581.53
Other Current Liabilities	1,019	1,215	1,604	1,292	1,380	2,222
Long-Term Debt	-	-	-	4,930	4,918	1,240
Long-Term Leases	5,046	5,200	3,595	2,230	2,639	2,515
Long-Term Unearned Revenue	-	1,376	1,675	1,442	1,606	1,501
Pension & Post-Retirement Benefits	-	582.93	525.86	223.23	549.11	169.9
Other Long-Term Liabilities	10,192	684.85	527.81	389.64	880.07	1,025
Total Liabilities	426,613	397,030	360,337	345,412	352,719	357,257
Common Stock	22,500	22,500	22,500	22,500	22,500	22,500
Additional Paid-In Capital	5,065	5,065	5,065	5,065	5,065	5,065
Retained Earnings	43,691	41,418	36,258	32,532	28,017	21,509
Comprehensive Income & Other	-2,276	-1,808	-2,788	-747.46	-99.52	-6.9
Total Common Equity	68,980	67,175	61,035	59,350	55,483	49,067
Shareholders' Equity	68,980	67,175	61,035	59,350	55,483	49,067
Total Liabilities & Equity	495,593	464,205	421,372	404,762	408,202	406,324
Total Debt	38,713	21,568	14,890	8,249	11,973	40,563
Net Cash (Debt)	-17,336	10,847	10,339	40,383	32,233	-10,067
Net Cash Growth	-	4.91%	-74.40%	25.29%	-	-
Net Cash Per Share	-7.71	4.82	4.60	17.95	14.33	-4.47
Filing Date Shares Outstanding	2,250	2,250	2,250	2,250	2,250	2,250
Total Common Shares Outstanding	2,250	2,250	2,250	2,250	2,250	2,250
Book Value Per Share	30.66	29.86	27.13	26.38	24.66	21.81
Tangible Book Value	62,018	60,232	54,138	52,554	48,690	42,170
Tangible Book Value Per Share	27.56	26.77	24.06	23.36	21.64	18.74

Source: S&P Capital IQ. Banks template. Financial Sources.