DA Davidson Predicts Higher Earnings for East West Bancorp

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - Analysts at DA Davidson boosted their Q2 2025 earnings estimates for East West Bancorp in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $2.25 per share for the quarter, up from their prior forecast of $2.24. DA Davidson has a "Buy" rating and a $100.00 price target on the stock. The consensus estimate for East West Bancorp's current full-year earnings is $8.85 per share. DA Davidson also issued estimates for East West Bancorp's FY2025 earnings at $8.86 EPS.

East West Bancorp (NASDAQ:EWBC - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $2.09 EPS for the quarter, beating analysts' consensus estimates of $2.05 by $0.04. The business had revenue of $693.00 million during the quarter, compared to analysts' expectations of $673.02 million. East West Bancorp had a net margin of 25.73% and a return on equity of 15.23%.

EWBC has been the subject of a number of other research reports. Wells Fargo & Company cut their price target on East West Bancorp from $120.00 to $100.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. Morgan Stanley downgraded East West Bancorp from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $118.00 to $90.00 in a research note on Monday, April 7th. Truist Financial initiated coverage on East West Bancorp in a research note on Tuesday, May 13th. They issued a "hold" rating and a $102.00 price target for the company. Barclays upped their target price on shares of East West Bancorp from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 23rd. Finally, Jefferies Financial Group assumed coverage on shares of East West Bancorp in a report on Wednesday, May 21st. They issued a "buy" rating and a $115.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $107.85.

East West Bancorp Trading Down 0.6%

East West Bancorp stock opened at $101.11 on Monday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45. East West Bancorp has a 12-month low of $68.27 and a 12-month high of $113.95. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 1.37 and a beta of 0.92. The firm has a 50 day moving average of $91.56 and a 200 day moving average of $92.18.

East West Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $2.40 annualized dividend and a yield of 2.37%. East West Bancorp's payout ratio is 28.64%.

Insider Buying and Selling

In other news, CEO Dominic Ng sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $96.43, for a total transaction of $3,857,200.00. Following the transaction, the chief executive officer now directly owns 928,314 shares of the company's stock, valued at approximately $89,517,319.02. This trade represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lisa L. Kim sold 2,100 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $95.04, for a total value of $199,584.00. Following the completion of the sale, the executive vice president now owns 14,849 shares of the company's stock, valued at $1,411,248.96. The trade was a 12.39% decrease in their position. The disclosure for this sale can be found here. 1.04% of the stock is currently owned by corporate insiders.

Institutional Trading of East West Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Voya Investment Management LLC increased its holdings in East West Bancorp by 30.1% during the first quarter. Voya Investment Management LLC now owns 73,468 shares of the financial services provider's stock valued at $6,594,000 after buying an additional 16,991 shares during the period. Inspire Investing LLC bought a new position in shares of East West Bancorp in the 1st quarter worth $2,187,000. Strs Ohio purchased a new stake in shares of East West Bancorp during the 1st quarter worth $23,068,000. Geneos Wealth Management Inc. lifted its stake in shares of East West Bancorp by 66.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 801 shares of the financial services provider's stock worth $72,000 after purchasing an additional 321 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in East West Bancorp by 2.8% during the first quarter. Focus Partners Wealth now owns 62,903 shares of the financial services provider's stock valued at $5,646,000 after purchasing an additional 1,739 shares in the last quarter. 89.53% of the stock is currently owned by institutional investors.

East West Bancorp Company Profile

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.

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