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East West Bancorp (EWBC) Stock Price, News & Analysis

$76.02
-0.36 (-0.47%)
(As of 05/21/2024 ET)
Today's Range
$75.88
$76.73
50-Day Range
$71.35
$79.25
52-Week Range
$47.39
$79.54
Volume
527,692 shs
Average Volume
1.15 million shs
Market Capitalization
$10.58 billion
P/E Ratio
9.57
Dividend Yield
2.89%
Price Target
$84.08

East West Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
10.6% Upside
$84.08 Price Target
Short Interest
Healthy
4.01% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.20mentions of East West Bancorp in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$1.05 M Sold Last Quarter
Proj. Earnings Growth
3.99%
From $8.03 to $8.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Finance Sector

90th out of 814 stocks

State Commercial Banks Industry

16th out of 166 stocks

EWBC stock logo

About East West Bancorp Stock (NASDAQ: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 capital lines of credit, construction finance, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, loan syndication, and equipment financing, as well as financing services for clients to facilitate their business transactions between the United States and Asia. It also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. The company was incorporated in 1998 and is headquartered in Pasadena, California.

EWBC Stock Price History

EWBC Stock News Headlines

Q1 2024 East West Bancorp Inc Earnings Call
East West Bancorp, Inc.
East West Bancorp: Q1 Earnings Snapshot
East West Bancorp Q1 Profit Decreases, but beats estimates
Here's what to expect from CrossFirst Bankshares's earnings
East West Bancorp Inc.
Seven Stocks I Like On The Nasdaq Market
EWBC Apr 2024 80.000 put
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Ex-Dividend for 5/17 Dividend
5/02/2024
Dividend Payable
5/17/2024
Today
5/21/2024
Next Earnings (Confirmed)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:EWBC
CUSIP
27579R10
Employees
3,206
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$84.08
High Stock Price Target
$106.00
Low Stock Price Target
$66.00
Potential Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$1.16 billion
Pretax Margin
33.62%

Debt

Sales & Book Value

Annual Sales
$3.99 billion
Cash Flow
$9.76 per share
Book Value
$49.32 per share

Miscellaneous

Free Float
137,696,000
Market Cap
$10.60 billion
Optionable
Optionable
Beta
1.38

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Key Executives


EWBC Stock Analysis - Frequently Asked Questions

Should I buy or sell East West Bancorp stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for East West Bancorp in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EWBC shares.
View EWBC analyst ratings
or view top-rated stocks.

What is East West Bancorp's stock price target for 2024?

12 analysts have issued twelve-month price objectives for East West Bancorp's stock. Their EWBC share price targets range from $66.00 to $106.00. On average, they anticipate the company's stock price to reach $84.08 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for EWBC
or view top-rated stocks among Wall Street analysts.

How have EWBC shares performed in 2024?

East West Bancorp's stock was trading at $71.95 at the beginning of 2024. Since then, EWBC stock has increased by 5.7% and is now trading at $76.02.
View the best growth stocks for 2024 here
.

When is East West Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our EWBC earnings forecast
.

How can I listen to East West Bancorp's earnings call?

East West Bancorp will be holding an earnings conference call on Tuesday, July 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were East West Bancorp's earnings last quarter?

East West Bancorp, Inc. (NASDAQ:EWBC) announced its quarterly earnings results on Tuesday, April, 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.00 by $0.08. The financial services provider had revenue of $644.13 million for the quarter, compared to the consensus estimate of $636.77 million. East West Bancorp had a net margin of 26.78% and a trailing twelve-month return on equity of 17.43%. East West Bancorp's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the company posted $2.32 EPS.

How often does East West Bancorp pay dividends? What is the dividend yield for East West Bancorp?

East West Bancorp announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, May 3rd will be given a dividend of $0.55 per share on Friday, May 17th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Thursday, May 2nd.
Read our dividend analysis for EWBC
.

Is East West Bancorp a good dividend stock?

East West Bancorp (NASDAQ:EWBC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.84%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EWBC will have a dividend payout ratio of 26.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EWBC.

What is Dominic Ng's approval rating as East West Bancorp's CEO?

336 employees have rated East West Bancorp Chief Executive Officer Dominic Ng on Glassdoor.com. Dominic Ng has an approval rating of 86% among the company's employees. 84.0% of employees surveyed would recommend working at East West Bancorp to a friend.

What other stocks do shareholders of East West Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other East West Bancorp investors own include Energy Transfer (ET), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Applied Materials (AMAT), Lam Research (LRCX), Boeing (BA), Citigroup (C), NVIDIA (NVDA) and AT&T (T).

Who are East West Bancorp's major shareholders?

East West Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.36%), Capital International Investors (7.97%), Capital Research Global Investors (3.07%), Price T Rowe Associates Inc. MD (2.85%), Principal Financial Group Inc. (1.43%) and Jennison Associates LLC (1.21%). Insiders that own company stock include Dominic Ng, Douglas Paul Krause, Gary Teo, Irene H Oh, Jack C Liu, Jack C Liu, Manuel Pham Alvarez, Molly Campbell, Parker Shi and Rudolph Estrada.
View institutional ownership trends
.

How do I buy shares of East West Bancorp?

Shares of EWBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EWBC) was last updated on 5/21/2024 by MarketBeat.com Staff

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