East West Bancorp, Inc. (EWBC)
| Market Cap | 10.83B |
| Revenue (ttm) | 2.46B |
| Net Income (ttm) | 1.12B |
| Shares Out | 140.03M |
| EPS (ttm) | 7.94 |
| PE Ratio | 9.74 |
| Forward PE | 9.59 |
| Dividend | $2.20 (2.85%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 863,767 |
| Open | 77.56 |
| Previous Close | 77.44 |
| Day's Range | 76.78 - 77.66 |
| 52-Week Range | 43.72 - 79.54 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 83.08 (+7.46%) |
| Earnings Date | Apr 23, 2024 |
About 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 capi... [Read more]
Financial Performance
In 2023, EWBC's revenue was $2.48 billion, an increase of 9.31% compared to the previous year's $2.27 billion. Earnings were $1.16 billion, an increase of 2.93%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EWBC stock is "Strong Buy." The 12-month stock price forecast is $83.08, which is an increase of 7.46% from the latest price.
News
East West Bancorp Announces Dates for 2024 Second and Third Quarter Earnings Calls
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: F...
East West Bancorp Reports Net Income for First Quarter of 2024 of $285 Million and Diluted Earnings Per Share of $2.03
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2024...
East West Bancorp to Attend the Wells Fargo 2024 Financial Services Investor Conference
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will meet with inve...
First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks
Citi analyst Ben Gerlinger on Wednesday highlighted a quartet of bank names with appealing valuations, momentum and quality despite headwinds caused by fewer rate cuts expected in 2024.
Barclays' Jared Shaw presents a bullish case for mid-cap banks
Jared Shaw, Barclays mid-cap bank analyst, joins 'The Exchange' to discuss whether New York Community Bank's issues represent a more significant problem in banking, best positioned mid-cap banks, and ...
East West Bancorp to Participate at Bank of America, UBS 2024 Financial Services Conferences
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced today that Christopher Del Moral-Niles, Chief Financial Officer, will present at the...
Regional Bank Stock Sell-Off Sparked By Commercial Real Estate Loan Fears
Regional U.S. banking stocks slipped sharply on Thursday as a surprise quarterly loss posted by New York Community Bancorp (NYCB) sparked fears that commercial real estate loans (CRE) pose broader ris...
East West Bank CFO on Q4 earnings
Christopher Del Moral-Niles, East West Bank CFO, joins 'Money Movers' to discuss if uncertainty in China impacts bank loan growth, the softer loan growth guidance, and EWBC's exposure to California.
East West Bancorp Reports Net Income for Full Year 2023 of $1.2 Billion and Diluted Earnings Per Share of $8.18; Increases Dividend by 15%
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the full year and fourth ...
East West Bancorp Announces Dates for 2023 Fourth Quarter and 2024 First Quarter Earnings Calls
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: F...
KBW spotlights East West Bancorp, Webster Bank and Western Alliance as offering growth and value in tough year for bank stocks
KBW analyst Chris McGratty said the bank sees potential upside for at least three regional bank stocks in a tough year for the sector.
Regional Bank Stocks' Gains Belie Their Q3 Results
From a stock market standpoint, regional U.S. banks have stabilized after this spring's banking turmoil. But that recovery belies their deteriorating financial performance.
East West Bancorp Reports Net Income for Third Quarter of 2023 of $288 Million and Diluted Earnings Per Share of $2.02; Record Third Quarter Revenue and Net Interest Income
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2023...
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
East West Bancorp Announces Executive Leadership Appointments
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, announced two key appointments to its executive leadership t...
East West Bancorp Announces Date for Third Quarter 2023 Financial Results
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, will release third quarter 2023 financial results before the...
East West Bancorp Earns Top Spot in 2023 Bank Director Performance Ranking
PASADENA, Calif.--(BUSINESS WIRE)-- #BankDirector--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, earned the No. 1 Performing Bank ranking in ...
Factbox: U.S. banks increase reserves for commercial real estate exposure
The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has caused banks...
East West Bancorp Reports Net Income for Second Quarter of 2023 of $312 Million and Diluted Earnings Per Share of $2.20, Both Up 21% Year-Over-Year
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the second quarter of 202...
East West Bancorp Announces Date for Second Quarter 2023 Financial Results
PASADENA, Calif.PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, will release second quarter 2023 financial r...
Rising From The Ashes: 5 Undervalued Regional Bank Stocks Poised Growth As Industry Rebounds
Regional bank stocks are gradually emerging from the crisis that struck the industry in March 2023.
Insider buying in US regional banks at 3-year high as execs look to bolster confidence
Regional bank executives buying shares in their own companies hit a three-year high in the United States during the second quarter of 2023 as they rushed to restore investor confidence in their firms ...
East West Bank Sponsors Top Ranked Golfer Rose Zhang As She Turns Pro
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, today reaffirmed its support of exceptional Asian American athletes by announcing its conti...