East West Bancorp, Inc. (EWBC)
| Market Cap | 14.63B |
| Revenue (ttm) | 2.41B |
| Net Income (ttm) | 1.11B |
| Shares Out | 138.63M |
| EPS (ttm) | 7.92 |
| PE Ratio | 13.33 |
| Forward PE | 12.44 |
| Dividend | $2.20 (2.09%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 712,765 |
| Open | 104.04 |
| Previous Close | 104.23 |
| Day's Range | 103.11 - 105.82 |
| 52-Week Range | 60.34 - 107.68 |
| Beta | 1.26 |
| Analysts | Strong Buy |
| Price Target | 99.46 (-5.73%) |
| Earnings Date | Oct 22, 2024 |
About EWBC
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. It accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. The company’s loan products include mortgage and home equity, commercial and residential real estate, working capi... [Read more]
Financial Performance
In 2023, East West Bancorp's revenue was $2.36 billion, an increase of 9.48% compared to the previous year's $2.16 billion. Earnings were $1.16 billion, an increase of 2.93%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EWBC stock is "Strong Buy." The 12-month stock price forecast is $99.46, which is a decrease of -5.73% from the latest price.
News
East West Bancorp: Interesting Dividend But Too Expensive
East West Bancorp has shown solid performance with a 112.33% price return over 5 years, despite a banking crisis. I reiterate my hold rating, as the TBV is priced close to the 10-year average. Loan gr...
Top 3 Financials Stocks That May Implode This Quarter
As of Oct. 24, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
East West Bancorp, Inc. (EWBC) Q3 2024 Earnings Call Transcript
East West Bancorp, Inc. (NASDAQ:EWBC) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Adrienne Atkinson - Director, Investor Relations Dominic Ng - Chairman and CEO ...
East West Bancorp Reports Net Income for Third Quarter of 2024 of $299 Million and Diluted Earnings Per Share of $2.14
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2024...
East West Bancorp to Participate at the Barclays 22nd Annual Global Financial Services Conference
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Dominic Ng, Chairman and Chief Executive Officer, and Christopher Del Mor...
East West Bancorp: Dividend Remains The Strength, But It Is No Longer A Buy (Rating Downgrade)
Loan growth expected to be low in 2024, driven by C&I and Residential loans, while CRE loans struggle. Management does not expect much from CRE loans in the coming quarters due to the uncertain macroe...
East West Bancorp, Inc. (EWBC) Q2 2024 Earnings Call Transcript
East West Bancorp, Inc. (EWBC) Q2 2024 Earnings Call Transcript
East West Bancorp Reports Net Income for Second Quarter of 2024 of $288 Million and Diluted Earnings Per Share of $2.06
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the second quarter of 202...
Screening For Elite Dividend Payers In Financials
In this article, I screen the Financials sector for the highest-quality dividend growth companies. Just 23 companies meet my minimum criteria, and only 8 are in the “elite” tier. I highlight one Elite...
How East West Bancorp has gained an edge by serving the Asian American community
Since the day before Silicon Valley Bank failed in March 2023, East West has risen 10%, excluding dividends. Analysts say the Southern California bank — which recently reported record deposits — can w...
East West Bancorp: Dividend Continues Its Rapid Growth
East West Bancorp is still undervalued despite a 16% price appreciation and has high dividend growth potential. Loan portfolio growth is driven by residential mortgage and C&I loans, while CRE loans s...
East West Bancorp Announces Dates for 2024 Second and Third Quarter Earnings Calls
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: F...
East West Bancorp, Inc. (EWBC) Q1 2024 Earnings Call Transcript
East West Bancorp, Inc. (NASDAQ:EWBC) Q1 2024 Earnings Conference Call April 23, 2024 5:00 PM ET Company Participants Adrienne Atkinson - Director of IR Dominic Ng - Chairman and CEO Christopher Del ...
East West Bancorp Reports Net Income for First Quarter of 2024 of $285 Million and Diluted Earnings Per Share of $2.03
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2024...
East West Bancorp to Attend the Wells Fargo 2024 Financial Services Investor Conference
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will meet with inve...
First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks
Citi analyst Ben Gerlinger on Wednesday highlighted a quartet of bank names with appealing valuations, momentum and quality despite headwinds caused by fewer rate cuts expected in 2024.
Barclays' Jared Shaw presents a bullish case for mid-cap banks
Jared Shaw, Barclays mid-cap bank analyst, joins 'The Exchange' to discuss whether New York Community Bank's issues represent a more significant problem in banking, best positioned mid-cap banks, and ...
East West Bancorp Has An Efficient Structure
East West Bancorp, Inc. has a dividend yield of around 3%, more than double the S&P 500 dividend yield. The bank has a low cost structure and high employee productivity compared to peers. Valuation of...
East West Bancorp to Participate at Bank of America, UBS 2024 Financial Services Conferences
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will present at the...
Regional Bank Stock Sell-Off Sparked By Commercial Real Estate Loan Fears
Regional U.S. banking stocks slipped sharply on Thursday as a surprise quarterly loss posted by New York Community Bancorp (NYCB) sparked fears that commercial real estate loans (CRE) pose broader ris...
East West Bank CFO on Q4 earnings
Christopher Del Moral-Niles, East West Bank CFO, joins 'Money Movers' to discuss if uncertainty in China impacts bank loan growth, the softer loan growth guidance, and EWBC's exposure to California.
East West Bancorp, Inc. (EWBC) Q4 2023 Earnings Call Transcript
East West Bancorp, Inc. (EWBC) Q4 2023 Earnings Call Transcript
East West Bancorp Reports Net Income for Full Year 2023 of $1.2 Billion and Diluted Earnings Per Share of $8.18; Increases Dividend by 15%
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the full year and fourth ...
East West Bancorp Announces Dates for 2023 Fourth Quarter and 2024 First Quarter Earnings Calls
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: F...