NASDAQ:EWBCEast West Bancorp Stock Price, Forecast & News

$34.95

-1.53 (-4.19 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$34.37

Now: $34.95▼

$36.30

50-Day Range

$25.47

MA: $31.93▼

$37.97

52-Week Range

$22.55

Now: $34.95▼

$51.88

Volume2.20 million shs

Average Volume1.20 million shs

Market Capitalization$4.95 billion

P/E Ratio7.78

Dividend Yield3.02%

Beta2.03

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 and Greater China. It operates in three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, time deposits, and individual retirement accounts. Its loan products include commercial and residential real estate, lines of credit, construction, trade finance, letters of credit, commercial business, housing loans, asset-based lending, and equipment financing, as well as financing to clients needing a financial bridge to facilitate their business transactions between the United States and Greater China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity hedging risk management services; and Internet-based services comprising online banking services. As of January 24, 2019, it operated approximately 130 locations in California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington; full service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was founded in 1998 and is headquartered in Pasadena, California.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
East West Bancorp has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $37.50, East West Bancorp has a potential upside of 7.3% from its current price of $34.95.
Amount of Analyst Coverage
East West Bancorp has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
East West Bancorp has received 473 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
East West Bancorp has received 481 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
East West Bancorp has received 50.42% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about East West Bancorp and other stocks. Vote “Outperform” if you believe EWBC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EWBC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
East West Bancorp is a leading dividend payer. It pays a dividend yield of 3.02%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
East West Bancorp has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of East West Bancorp is 22.73 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, East West Bancorp will have a dividend payout ratio of 32.54 % next year. This indicates that East West Bancorp will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, East West Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $408,169.00 in company stock.
Percentage Held by Insiders
Only 0.72% of the stock of East West Bancorp is held by insiders.
Percentage Held by Institutions
89.05% of the stock of East West Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for East West Bancorp are expected to decrease by -0.59% in the coming year, from $3.40 to $3.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of East West Bancorp is 7.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of East West Bancorp is 7.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.40.
Price to Earnings Growth Ratio
East West Bancorp has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
East West Bancorp has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:EWBC

Previous Symbol

CUSIP27579R10

CIK1069157

Webwww.eastwestbank.com

Phone626-768-6000

Debt

Debt-to-Equity Ratio0.16

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio7.78

Forward P/E Ratio10.28

P/E Growth1.07

Sales & Book Value

Annual Sales$2.09 billion

Price / Sales2.36

Cash Flow$5.46 per share

Price / Cash Flow6.40

Book Value$34.65 per share

Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$4.84

Net Income$674.03 million

Net Margins31.34%

Return on Equity14.00%

Return on Assets1.55%

Miscellaneous

Employees3,300

Outstanding Shares141,490,000

Market Cap$4.95 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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East West Bancorp (NASDAQ:EWBC) Frequently Asked Questions

How has East West Bancorp's stock been impacted by COVID-19 (Coronavirus)?

East West Bancorp's stock was trading at $31.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EWBC shares have increased by 9.4% and is now trading at $34.95. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of East West Bancorp?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for East West Bancorp in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for East West Bancorp.

When is East West Bancorp's next earnings date?

East West Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for East West Bancorp.

How were East West Bancorp's earnings last quarter?

East West Bancorp, Inc. (NASDAQ:EWBC) announced its earnings results on Thursday, April, 23rd. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.03. The financial services provider earned $416.76 million during the quarter, compared to analysts' expectations of $401.75 million. East West Bancorp had a net margin of 31.34% and a return on equity of 14.00%. During the same period last year, the firm posted $1.16 earnings per share. View East West Bancorp's earnings history.

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

East West Bancorp declared a quarterly dividend on Thursday, April 23rd. Investors of record on Monday, May 4th will be given a dividend of $0.275 per share on Friday, May 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Friday, May 1st. View East West Bancorp's dividend history.

What price target have analysts set for EWBC?

10 brokerages have issued 12 month target prices for East West Bancorp's shares. Their forecasts range from $30.00 to $51.00. On average, they expect East West Bancorp's stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for East West Bancorp.

Has East West Bancorp been receiving favorable news coverage?

Press coverage about EWBC stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. East West Bancorp earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutEast West Bancorp.

Are investors shorting East West Bancorp?

East West Bancorp saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 3,390,000 shares, a drop of 24.5% from the April 15th total of 4,490,000 shares. Based on an average trading volume of 1,930,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.4% of the company's stock are short sold. View East West Bancorp's Current Options Chain.

Who are some of East West Bancorp's key competitors?

Some companies that are related to East West Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and Cullen/Frost Bankers (CFR). View all competitors.

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 LP Unit (ET), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Applied Materials (AMAT), Pfizer (PFE), Amgen (AMGN), Lam Research (LRCX), Netflix (NFLX), Blackstone Group (BX) and Enterprise Products Partners (EPD).

Who are East West Bancorp's key executives?

East West Bancorp's management team includes the following people:

Mr. Dominic Ng, Chairman, Pres & CEO (Age 60)
Ms. Irene H. Oh, Exec. VP & CFO (Age 41)
Mr. Douglas Paul Krause Sr., Exec. VP, Gen. Counsel & Sec. (Age 62)
Mr. Andy Yen, Exec. VP and Head of International & Commercial Banking (Age 61)
Ms. Emily Wang, Director of Marketing

What is East West Bancorp's stock symbol?

East West Bancorp trades on the NASDAQ under the ticker symbol "EWBC."

Who are East West Bancorp's major shareholders?

East West Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.73%), Aristotle Capital Management LLC (6.24%), Capital International Investors (5.68%), State Street Corp (4.20%), JPMorgan Chase & Co. (2.27%) and Principal Financial Group Inc. (2.09%). Company insiders that own East West Bancorp stock include Andy Yen, Catherine Zhou, Dominic Ng, Douglas Paul Krause, Herman Y Li, Irene H Oh, Jack C Liu, Molly Campbell, Paul H Irving and Rudolph Estrada. View institutional ownership trends for East West Bancorp.

Which major investors are selling East West Bancorp stock?

EWBC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Invesco Ltd., Capital Research Global Investors, Jennison Associates LLC, JPMorgan Chase & Co., Wellington Management Group LLP, and Stieven Capital Advisors L.P.. Company insiders that have sold East West Bancorp company stock in the last year include Herman Y Li, and Rudolph Estrada. View insider buying and selling activity for East West Bancorp.

Which major investors are buying East West Bancorp stock?

EWBC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Aristotle Capital Management LLC, Lord Abbett & CO. LLC, First Wilshire Securities Management Inc., Morgan Stanley, Morgan Stanley, Trillium Asset Management LLC, and Deprince Race & Zollo Inc.. Company insiders that have bought East West Bancorp stock in the last two years include Andy Yen, Catherine Zhou, Dominic Ng, Irene H Oh, Paul H Irving, and Rudolph Estrada. View insider buying and selling activity for East West Bancorp.

How do I buy shares of East West Bancorp?

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

What is East West Bancorp's stock price today?

One share of EWBC stock can currently be purchased for approximately $34.95.

How big of a company is East West Bancorp?

East West Bancorp has a market capitalization of $4.95 billion and generates $2.09 billion in revenue each year. The financial services provider earns $674.03 million in net income (profit) each year or $4.84 on an earnings per share basis. East West Bancorp employs 3,300 workers across the globe.

What is East West Bancorp's official website?

The official website for East West Bancorp is www.eastwestbank.com.

How can I contact East West Bancorp?

East West Bancorp's mailing address is 135 N. LOS ROBLES AVE. 7TH FLOOR, PASADENA CA, 91101. The financial services provider can be reached via phone at 626-768-6000 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff