FY2026 EPS Forecast for East West Bancorp Boosted by Analyst

Key Points

• DA Davidson has raised their FY2026 earnings per share forecast for East West Bancorp from $9.57 to $9.60, maintaining a "Buy" rating with a target price of $125.00.
• East West Bancorp reported quarterly earnings of $2.28 per share, surpassing the consensus estimate by $0.05 and showing a revenue increase of 10.3% year-over-year.
• The company announced a quarterly dividend of $0.60 per share, reflecting a dividend yield of 2.32% and a payout ratio currently at 28.04%.

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - Equities researchers at DA Davidson raised their FY2026 earnings per share estimates for East West Bancorp in a note issued to investors on Wednesday, July 23rd. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $9.60 per share for the year, up from their previous forecast of $9.57. DA Davidson has a "Buy" rating and a $125.00 price objective on the stock. The consensus estimate for East West Bancorp's current full-year earnings is $8.85 per share.

East West Bancorp (NASDAQ:EWBC - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $2.28 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.05. East West Bancorp had a net margin of 26.06% and a return on equity of 15.09%. The firm had revenue of $705.00 million for the quarter, compared to analysts' expectations of $702.04 million. During the same period in the prior year, the firm earned $2.07 EPS. The business's revenue was up 10.3% on a year-over-year basis.

A number of other research firms also recently commented on EWBC. Citigroup boosted their price target on East West Bancorp from $100.00 to $116.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Barclays increased their target price on shares of East West Bancorp from $110.00 to $135.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Wells Fargo & Company boosted their target price on shares of East West Bancorp from $100.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Jefferies Financial Group initiated coverage on East West Bancorp in a report on Wednesday, May 21st. They issued a "buy" rating and a $115.00 target price for the company. Finally, Wall Street Zen downgraded shares of East West Bancorp from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. 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's stock. Based on data from MarketBeat.com, East West Bancorp currently has an average rating of "Moderate Buy" and an average price target of $114.15.

East West Bancorp Stock Performance

Shares of NASDAQ EWBC opened at $103.51 on Friday. The stock's fifty day moving average price is $98.81 and its two-hundred day moving average price is $93.56. The firm has a market cap of $14.27 billion, a price-to-earnings ratio of 12.09, a P/E/G ratio of 1.48 and a beta of 0.93. East West Bancorp has a one year low of $68.27 and a one year high of $113.95. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89.

East West Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 4th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Monday, August 4th. East West Bancorp's dividend payout ratio is currently 28.04%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EWBC. Marshall & Sterling Wealth Advisors Inc. purchased a new position in East West Bancorp during the fourth quarter valued at approximately $26,000. Picton Mahoney Asset Management grew its position in shares of East West Bancorp by 1,971.4% during the 1st quarter. Picton Mahoney Asset Management now owns 290 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 276 shares in the last quarter. Park Place Capital Corp purchased a new position in shares of East West Bancorp during the 2nd quarter valued at $27,000. WPG Advisers LLC bought a new position in shares of East West Bancorp in the first quarter worth $28,000. Finally, SVB Wealth LLC purchased a new stake in shares of East West Bancorp in the first quarter worth $29,000. 89.53% of the stock is 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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