NASDAQ:EWBC - East West Bancorp Stock Price, Forecast & News

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

East West Bancorp announced a quarterly dividend on Thursday, January 23rd. Stockholders of record on Monday, February 3rd will be given a dividend of $0.275 per share on Friday, February 14th. This represents a $1.10 annualized dividend and a dividend yield of 2.85%. The ex-dividend date is Friday, January 31st. View East West Bancorp's Dividend History.

East West Bancorp, Inc. (NASDAQ:EWBC) released its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $1.28 EPS for the quarter, topping the Zacks' consensus estimate of $1.16 by $0.12. The financial services provider had revenue of $431.20 million for the quarter, compared to the consensus estimate of $413.66 million. East West Bancorp had a return on equity of 14.73% and a net margin of 32.22%. The firm's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.18 earnings per share. View East West Bancorp's Earnings History.

East West Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for East West Bancorp.

8 brokerages have issued twelve-month target prices for East West Bancorp's shares. Their forecasts range from $44.00 to $60.00. On average, they anticipate East West Bancorp's share price to reach $52.71 in the next year. This suggests a possible upside of 36.5% from the stock's current price. View Analyst Price Targets for East West Bancorp.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for East West Bancorp in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for East West Bancorp.

News articles about EWBC stock have been trending very negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. East West Bancorp earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for East West Bancorp.

East West Bancorp saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 2,400,000 shares, an increase of 27.7% from the January 30th total of 1,880,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is presently 2.4 days. Approximately 1.7% of the shares of the company are short sold. View East West Bancorp's Current Options Chain.

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

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), AT&T (T), Amgen (AMGN), Lam Research (LRCX), NVIDIA (NVDA), Pfizer (PFE), Applied Materials (AMAT) and Netflix (NFLX).

East West Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.14%), Macquarie Group Ltd. (3.47%), Boston Partners (2.90%), FMR LLC (2.60%), Principal Financial Group Inc. (2.19%) and Handelsbanken Fonder AB (1.64%). 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.

EWBC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Boston Partners, Lord Abbett & CO. LLC, Bank of America Corp DE, Renaissance Technologies LLC, Jennison Associates LLC, Janus Henderson Group PLC and Acadian Asset Management LLC. Company insiders that have sold East West Bancorp company stock in the last year include Herman Y Li, Jack C Liu and Rudolph Estrada. View Insider Buying and Selling for East West Bancorp.

EWBC stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Macquarie Group Ltd., Goldman Sachs Group Inc., Handelsbanken Fonder AB, AQR Capital Management LLC, Geode Capital Management LLC, Stieven Capital Advisors L.P. and TD Asset Management 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 for 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.

One share of EWBC stock can currently be purchased for approximately $38.62.

East West Bancorp has a market capitalization of $5.62 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 3,200 workers across the globe.View Additional Information About East West Bancorp.

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

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]