East West Bancorp, Inc. (NASDAQ:EWBC – Free Report) – Analysts at DA Davidson increased their FY2026 earnings per share (EPS) estimates for shares of East West Bancorp in a research note issued to investors on Wednesday, July 23rd. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $9.60 per share for the year, up from their previous forecast of $9.57. DA Davidson has a “Buy” rating and a $125.00 price objective on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.85 per share.
East West Bancorp (NASDAQ:EWBC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.23 by $0.05. East West Bancorp had a return on equity of 15.09% and a net margin of 26.06%. The business had revenue of $705.00 million during the quarter, compared to the consensus estimate of $702.04 million. During the same period in the prior year, the company posted $2.07 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year.
Read Our Latest Research Report on East West Bancorp
East West Bancorp Trading Up 0.1%
EWBC stock opened at $103.61 on Friday. East West Bancorp has a 1-year low of $68.27 and a 1-year high of $113.95. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $14.28 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 1.41 and a beta of 0.93. The business has a 50 day simple moving average of $98.97 and a two-hundred day simple moving average of $93.60.
Institutional Trading of East West Bancorp
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Applied Finance Capital Management LLC increased its stake in East West Bancorp by 3.7% in the first quarter. Applied Finance Capital Management LLC now owns 3,444 shares of the financial services provider’s stock worth $309,000 after purchasing an additional 123 shares during the period. Commonwealth Equity Services LLC grew its position in shares of East West Bancorp by 1.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,777 shares of the financial services provider’s stock worth $1,128,000 after buying an additional 128 shares in the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of East West Bancorp by 0.7% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 21,271 shares of the financial services provider’s stock worth $1,909,000 after buying an additional 139 shares in the last quarter. Ransom Advisory Ltd grew its position in shares of East West Bancorp by 60.0% during the 2nd quarter. Ransom Advisory Ltd now owns 400 shares of the financial services provider’s stock worth $40,000 after buying an additional 150 shares in the last quarter. Finally, QRG Capital Management Inc. grew its position in shares of East West Bancorp by 5.8% during the 2nd quarter. QRG Capital Management Inc. now owns 2,722 shares of the financial services provider’s stock worth $275,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 89.53% of the company’s stock.
Insider Buying and Selling at East West Bancorp
In related news, CEO Dominic Ng sold 40,000 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $96.43, for a total transaction of $3,857,200.00. Following the sale, the chief executive officer owned 928,314 shares in the company, valued at approximately $89,517,319.02. This represents a 4.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Lisa L. Kim sold 2,100 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $95.04, for a total value of $199,584.00. Following the completion of the sale, the executive vice president owned 14,849 shares in the company, valued at approximately $1,411,248.96. The trade was a 12.39% decrease in their position. 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 business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Monday, August 4th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 4th. This represents a $2.40 annualized dividend and a yield of 2.32%. East West Bancorp’s payout ratio is presently 28.04%.
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.
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