New insider activity at East West Bancorp ( (EWBC) ) has taken place on January 31, 2025.
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Director Jack Liu recently sold 1,275 shares of East West Bancorp stock, amounting to a total sale value of $133,275.
Recent Updates on EWBC stock
East West Bancorp recently held its Q4 earnings call, where it reported record financial performance with significant growth in revenue, fee income, net income, and earnings per share for 2024. The company achieved substantial deposit growth and maintained a stable net interest margin despite challenges in the technology sector that resulted in increased credit loss provisions. Analysts have adjusted their price targets for East West Bancorp, with Piper Sandler lowering its target due to a modest historical discount compared to peers, and DA Davidson reducing its target following an earnings miss attributed to higher provisions for credit losses, predominantly from problem credits in the technology sector. These adjustments reflect the bank’s robust capital return strategy and efforts to manage credit risk amid fluctuating market conditions.
More about East West Bancorp
YTD Price Performance: 9.65%
Average Trading Volume: 917,730
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $14.36B