Zacks Research Brokers Lower Earnings Estimates for EWBC

Key Points

• Zacks Research has lowered its Q4 2026 earnings per share estimate for East West Bancorp from $2.51 to $2.40.
• East West Bancorp reported earnings of $2.08 per share for its latest quarter and has a current full-year earnings consensus estimate of $8.85 per share.
• The company recently announced a dividend of $0.60 per share, yielding approximately 2.3%, with a payout ratio of 28.04%.

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - Investment analysts at Zacks Research dropped their Q4 2026 EPS estimates for East West Bancorp in a research note issued to investors on Tuesday, October 21st. Zacks Research analyst Team now expects that the financial services provider will post earnings of $2.40 per share for the quarter, down from their previous estimate of $2.51. 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 posted its quarterly earnings data on Monday, December 11th. The financial services provider reported $2.08 earnings per share for the quarter. The business had revenue of $627.36 million during the quarter. East West Bancorp had a net margin of 27.16% and a return on equity of 15.85%.

Several other equities research analysts also recently weighed in on EWBC. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of East West Bancorp in a report on Wednesday, October 8th. Wells Fargo & Company upped their price target on shares of East West Bancorp from $100.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Cantor Fitzgerald began coverage on shares of East West Bancorp in a report on Wednesday, September 10th. They issued an "overweight" rating and a $124.00 price target for the company. Wall Street Zen raised shares of East West Bancorp from a "sell" rating to a "hold" rating in a report on Saturday, October 11th. Finally, Truist Financial set a $112.00 price objective on East West Bancorp in a report on Friday, October 10th. Eleven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $122.14.

East West Bancorp Stock Performance

EWBC stock opened at $102.36 on Thursday. The company has a market capitalization of $14.11 billion, a P/E ratio of 11.29, a PEG ratio of 1.34 and a beta of 0.93. The company has a 50-day simple moving average of $104.96 and a 200 day simple moving average of $97.66. East West Bancorp has a fifty-two week low of $68.27 and a fifty-two week high of $113.95. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.43.

East West Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 2.3%. East West Bancorp's dividend payout ratio is presently 28.04%.

Insider Buying and Selling

In other East West Bancorp news, EVP Gary Teo sold 6,550 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $106.47, for a total transaction of $697,378.50. Following the completion of the sale, the executive vice president owned 12,235 shares of the company's stock, valued at $1,302,660.45. This represents a 34.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Dominic Ng sold 40,000 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $103.38, for a total value of $4,135,200.00. Following the sale, the chief executive officer directly owned 888,314 shares of the company's stock, valued at $91,833,901.32. The trade was a 4.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold 70,240 shares of company stock worth $7,379,678 over the last ninety days. Company insiders own 1.04% of the company's stock.

Institutional Investors Weigh In On East West Bancorp

Large investors have recently added to or reduced their stakes in the stock. Xponance Inc. boosted its position in East West Bancorp by 1.9% during the first quarter. Xponance Inc. now owns 16,141 shares of the financial services provider's stock worth $1,449,000 after purchasing an additional 302 shares during the period. Janney Montgomery Scott LLC boosted its position in East West Bancorp by 25.0% during the first quarter. Janney Montgomery Scott LLC now owns 28,287 shares of the financial services provider's stock worth $2,539,000 after purchasing an additional 5,654 shares during the period. Cerity Partners LLC boosted its position in shares of East West Bancorp by 35.9% in the first quarter. Cerity Partners LLC now owns 16,157 shares of the financial services provider's stock valued at $1,450,000 after acquiring an additional 4,271 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of East West Bancorp by 7.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 48,093 shares of the financial services provider's stock valued at $4,317,000 after acquiring an additional 3,460 shares during the period. Finally, Deutsche Bank AG boosted its position in shares of East West Bancorp by 16.5% in the first quarter. Deutsche Bank AG now owns 21,516 shares of the financial services provider's stock valued at $1,931,000 after acquiring an additional 3,052 shares during the period. Institutional investors own 89.53% of the company's stock.

About East West Bancorp

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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