Research Analysts Offer Predictions for EWBC FY2025 Earnings

East West Bancorp, Inc. (NASDAQ:EWBC) – DA Davidson increased their FY2025 EPS estimates for East West Bancorp in a research note issued to investors on Thursday, October 24th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings of $8.55 per share for the year, up from their previous forecast of $8.33. DA Davidson has a “Buy” rating and a $107.00 price objective on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.21 per share.

A number of other research firms have also weighed in on EWBC. Citigroup increased their price target on East West Bancorp from $103.00 to $109.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company raised their price objective on shares of East West Bancorp from $97.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Stephens increased their target price on East West Bancorp from $91.00 to $104.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Morgan Stanley raised their price objective on East West Bancorp from $103.00 to $106.00 and gave the stock an “overweight” rating in a research report on Monday, September 30th. Finally, Wedbush upped their price target on shares of East West Bancorp from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, East West Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $99.46.

East West Bancorp Trading Down 0.4 %

Shares of East West Bancorp stock opened at $98.48 on Monday. East West Bancorp has a fifty-two week low of $52.88 and a fifty-two week high of $99.55. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.49. The firm has a market cap of $13.70 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 2.20 and a beta of 1.29. The business has a fifty day simple moving average of $84.28 and a 200-day simple moving average of $78.84.

East West Bancorp (NASDAQ:EWBC) last issued its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.03. East West Bancorp had a return on equity of 16.41% and a net margin of 24.96%. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $641.80 million. During the same period in the previous year, the firm posted $2.02 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EWBC. CIBC Asset Management Inc increased its position in East West Bancorp by 2.8% in the 2nd quarter. CIBC Asset Management Inc now owns 4,753 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 128 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of East West Bancorp by 3.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,606 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 133 shares in the last quarter. US Bancorp DE raised its position in East West Bancorp by 7.8% in the 3rd quarter. US Bancorp DE now owns 1,949 shares of the financial services provider’s stock worth $161,000 after purchasing an additional 141 shares during the last quarter. Bleakley Financial Group LLC raised its position in East West Bancorp by 4.4% in the 3rd quarter. Bleakley Financial Group LLC now owns 3,550 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 148 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in East West Bancorp by 3.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,307 shares of the financial services provider’s stock worth $315,000 after buying an additional 160 shares in the last quarter. 89.53% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jack C. Liu sold 2,000 shares of the stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $83.50, for a total value of $167,000.00. Following the completion of the transaction, the director now owns 16,557 shares in the company, valued at approximately $1,382,509.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other East West Bancorp news, EVP Lisa L. Kim sold 6,000 shares of the company’s stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $78.68, for a total value of $472,080.00. Following the sale, the executive vice president now directly owns 18,891 shares in the company, valued at $1,486,343.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jack C. Liu sold 2,000 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $83.50, for a total value of $167,000.00. Following the transaction, the director now owns 16,557 shares of the company’s stock, valued at $1,382,509.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.04% of the company’s stock.

East West Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $2.20 annualized dividend and a yield of 2.23%. East West Bancorp’s dividend payout ratio (DPR) is 27.71%.

East West Bancorp Company Profile

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.