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East West Bancorp (EWBC)
NASDAQ:EWBC
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EWBC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$49.59 - $89.75
Previous Close$84.07
Volume418.61K
Average Volume (3M)729.09K
Market Cap
$11.54B
Enterprise Value$15.17B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.63B
Price to Earnings (P/E)10.7
Beta1.19
Next Earnings
Oct 22, 2024EPS Estimate
$2.05Last Dividend Ex-Date
Aug 02, 2024Dividend Yield2.47%
Share Statistics
EPS (TTM)7.81
Shares Outstanding138,605,194
10 Day Avg. Volume475,769
30 Day Avg. Volume729,086
Standard Deviation0.12
R-Squared0.34
Alpha0.00365
Financial Highlights & Ratios
Price to Book (P/B)1.71
Price to Sales (P/S)4.72
Price to Cash Flow (P/CF)11.10
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.87
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$95.25Price Target Upside13.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
East West Bancorp News
PremiumCompany Announcements
East West Bancorp Q2 Financial Review and Outlook CallBulls Say, Bears Say
Bulls Say
Financial PerformanceEWBC reported stronger-than-expected financial results with adjusted EPS outperforming estimates, driven by robust pre-provision net revenue and lower credit provisioning costs.
Share Buyback And Dividend IncreaseEWBC's commitment to shareholder returns is evident through the significant share buyback and a 15% increase in the quarterly dividend, offering a solid yield.
ValuationEWBC's stock appears undervalued in the market, trading at a lower P/E ratio compared to its peers, which could signal a buying opportunity for value investors.
Bears Say
Earnings ExpectationsGuidance for 2024 net interest income falling short of prior expectations suggests potential disappointment among investors.
Financial GuidanceManagement's guidance for fiscal year 2024 net interest income declining by 4 to 6% could dampen investor sentiment.
Interest Rate ImpactAnticipated pressure on net interest income due to promotional certificate of deposit pricing may signal a challenging revenue environment.
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Ownership Overview
1.72% Insiders
41.50% Mutual Funds
56.15% Other Institutional Investors
0.64% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EWBC FAQ
What was East West Bancorp’s price range in the past 12 months?
East West Bancorp lowest stock price was $49.59 and its highest was $89.75 in the past 12 months.
What is East West Bancorp’s market cap?
Currently, no data Available
When is East West Bancorp’s upcoming earnings report date?
East West Bancorp’s upcoming earnings report date is Oct 22, 2024 which is in 52 days.
How were East West Bancorp’s earnings last quarter?
East West Bancorp released its earnings results on Jul 23, 2024. The company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.973 by $0.087.
Is East West Bancorp overvalued?
According to Wall Street analysts East West Bancorp’s price is currently Undervalued.
Does East West Bancorp pay dividends?
East West Bancorp pays a Quarterly dividend of $0.55 which represents an annual dividend yield of 2.47%. See more information on East West Bancorp dividends here
What is East West Bancorp’s EPS estimate?
East West Bancorp’s EPS estimate is $2.05.
How many shares outstanding does East West Bancorp have?
East West Bancorp has 138,605,200 shares outstanding.
What happened to East West Bancorp’s price movement after its last earnings report?
East West Bancorp reported an EPS of $2.06 in its last earnings report, beating expectations of $1.973. Following the earnings report the stock price went up 0.805%.
Which hedge fund is a major shareholder of East West Bancorp?
Among the largest hedge funds holding East West Bancorp’s share is Fisher Asset Management LLC. It holds East West Bancorp’s shares valued at 50M.
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East West Bancorp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$95.25 (13.30% Upside)
$95.25 (13.30% Upside)
Blogger Sentiment
Bullish
EWBC Sentiment 60%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 134.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.38%
12-Months-Change
Fundamentals
Return on Equity
16.09%
Trailing 12-Months
Asset Growth
5.74%
Trailing 12-Months
Company Description
East West Bancorp
East West Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following business segments: Consumer and Business Banking, Commercial Banking, and Other. The Consumer and Business Banking segment provides financial service products and services to consumer and commercial customers through the company's branch network in the U.S. The Commercial Banking segment primarily generates commercial loans and deposits through commercial lending offices located in the U.S. and Greater China. The Other segment includes treasury activities of the company and elimination of inter-segment amounts. The company was founded on August 26, 1998 and is headquartered in Pasadena, CA.
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EWBC Company Deck
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EWBC Earnings Call
Q2 2024
0:00 / 0:00
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EWBC Stock 12 Month Forecast
Average Price Target
$95.25
▲(13.30% Upside)
Technical Analysis
Associated Banc-Corp
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Community Bank System
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First Interstate Bancsystem
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Mercantile Bank
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Best Analysts Covering EWBC
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+24.40%
assigned a buy rating 4 months ago
Copying Ebrahim Poonawala's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +24.40% per trade.
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