East West Bancorp, Inc. (EWBC)

NASDAQ: EWBC · IEX Real-Time Price · USD
72.16
-0.70 (-0.96%)
At close: Mar 1, 2024, 4:00 PM
72.20
+0.04 (0.06%)
After-hours: Mar 1, 2024, 7:32 PM EST
-0.96%
Market Cap 10.10B
Revenue (ttm) 2.48B
Net Income (ttm) 1.16B
Shares Out 140.03M
EPS (ttm) 8.18
PE Ratio 8.82
Forward PE 9.06
Dividend $2.20 (3.05%)
Ex-Dividend Date Feb 1, 2024
Volume 813,462
Open 72.14
Previous Close 72.86
Day's Range 70.60 - 72.57
52-Week Range 33.86 - 76.88
Beta 1.40
Analysts Strong Buy
Price Target 77.50 (+7.4%)
Earnings Date Apr 18, 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. 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 capital lines of credit, ... [Read more]

Sector Financials
IPO Date Feb 8, 1999
Employees 3,206
Stock Exchange NASDAQ
Ticker Symbol EWBC
Full Company Profile

Financial Performance

In 2023, EWBC's revenue was $2.48 billion, an increase of 9.31% compared to the previous year's $2.27 billion. Earnings were $1.16 billion, an increase of 2.93%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for EWBC stock is "Strong Buy." The 12-month stock price forecast is $77.5, which is an increase of 7.40% from the latest price.

Price Target
$77.5
(7.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

26 days ago - Business Wire

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...

Other symbols: MTBNYCBVLYWALZION
4 weeks ago - Investopedia

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.

5 weeks ago - CNBC Television

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 ...

5 weeks ago - Business Wire

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...

2 months ago - Business Wire

KBW spotlights East West Bancorp, Webster Bank and Western Alliance as offering growth and value in tough year for bank stocks

KBW analyst Chris McGratty said the bank sees potential upside for at least three regional bank stocks in a tough year for the sector.

Other symbols: WAL
3 months ago - Market Watch

Regional Bank Stocks' Gains Belie Their Q3 Results

From a stock market standpoint, regional U.S. banks have stabilized after this spring's banking turmoil. But that recovery belies their deteriorating financial performance.

Other symbols: FITBKEYKRETFC
4 months ago - Investopedia

East West Bancorp Reports Net Income for Third Quarter of 2023 of $288 Million and Diluted Earnings Per Share of $2.02; Record Third Quarter Revenue and Net Interest Income

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 2023...

4 months ago - Business Wire

Wells Fargo downgrades four regional banks and highlights four top names in analyst shift

Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.

5 months ago - Market Watch

East West Bancorp Announces Executive Leadership Appointments

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, announced two key appointments to its executive leadership t...

5 months ago - Business Wire

East West Bancorp Announces Date for Third Quarter 2023 Financial Results

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, will release third quarter 2023 financial results before the...

5 months ago - Business Wire

East West Bancorp Earns Top Spot in 2023 Bank Director Performance Ranking

PASADENA, Calif.--(BUSINESS WIRE)-- #BankDirector--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, earned the No. 1 Performing Bank ranking in ...

7 months ago - Business Wire

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

After Moody's cut credit ratings, regional banks are feeling the heat again. However, some smart analysts think there are select bargains in the trash bin.

Other symbols: COLBFITBNYCBPNCUSB
7 months ago - Forbes

Shares of regional lenders surge as deposits stabilize

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.

Other symbols: CFGFHNFITBKEYWALZION
8 months ago - Investopedia

Factbox: U.S. banks increase reserves for commercial real estate exposure

The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has caused banks...

Other symbols: BACCCZFSFITBGSJPMMS
8 months ago - Reuters

East West Bancorp Reports Net Income for Second Quarter of 2023 of $312 Million and Diluted Earnings Per Share of $2.20, Both Up 21% Year-Over-Year

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...

8 months ago - Business Wire

East West Bancorp Announces Date for Second Quarter 2023 Financial Results

PASADENA, Calif.PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, will release second quarter 2023 financial r...

8 months ago - Business Wire

Rising From The Ashes: 5 Undervalued Regional Bank Stocks Poised Growth As Industry Rebounds

Regional bank stocks are gradually emerging from the crisis that struck the industry in March 2023.

Other symbols: COLBHBANWALZION
9 months ago - Benzinga

Insider buying in US regional banks at 3-year high as execs look to bolster confidence

Regional bank executives buying shares in their own companies hit a three-year high in the United States during the second quarter of 2023 as they rushed to restore investor confidence in their firms ...

Other symbols: SOFIUSBZION
9 months ago - Reuters

East West Bank Sponsors Top Ranked Golfer Rose Zhang As She Turns Pro

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, today reaffirmed its support of exceptional Asian American athletes by announcing its conti...

9 months ago - Business Wire

East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist

PASADENA, Calif.--(BUSINESS WIRE)-- #BankDirector--East West Bancorp, Inc. ("East West" or the "Company") (Nasdaq: EWBC), parent company of East West Bank, today announced the appointment of Dr. Jason...

10 months ago - Business Wire

Analysis: Overexposed US regional banks could sell commercial property loans

Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at a steep discount after breaching key regulatory thresholds for exposure to the troubled sector, accord...

Other symbols: MTBNYCBSNVVLYWAL
10 months ago - Reuters

The regional-bank crisis did not appear over on Thursday

While prominent gurus in the financial world have declared the end of the regional banking crises after the failure for four large regional banks, depositors and shareholders of those banks don't nece...

Other symbols: FCNCAJPMNYCBWAL
10 months ago - Market Watch

PacWest, Western Alliance, East West Bancorp, Comerica fall in premarket

PacWest Bancorp PACW is down 12% in premarket trades after rising in the two previous sessions, as jitters around regional banks resumed on Tuesday. PacWest is also the most heavily traded stock in pr...

Other symbols: CMAWAL
10 months ago - Market Watch

Regional bank stocks: Are there buying opportunities investors should be looking at?

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb Regional banks bounced back on Friday following what was a volatile week for the sector. Shares of Pacwest Bancorp (PACW) led the charge, closing up...

Other symbols: NYCB
10 months ago - Yahoo Finance