DA Davidson Has Positive Forecast for EWBC FY2025 Earnings

East West Bancorp, Inc. (NASDAQ:EWBC) – Analysts at DA Davidson raised their FY2025 EPS estimates for shares of East West Bancorp in a research note issued to investors on Thursday, October 23rd. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $9.45 per share for the year, up from their previous forecast of $9.08. DA Davidson has a “Buy” rating and a $125.00 price target on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.85 per share. DA Davidson also issued estimates for East West Bancorp’s FY2026 earnings at $9.90 EPS.

East West Bancorp (NASDAQ:EWBC) last issued its quarterly earnings data on Monday, December 11th. The financial services provider reported $2.08 EPS for the quarter. The business had revenue of $627.36 million during the quarter. East West Bancorp had a net margin of 27.16% and a return on equity of 15.55%.

Several other equities analysts also recently commented on the stock. Keefe, Bruyette & Woods increased their price objective on shares of East West Bancorp from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Cowen initiated coverage on shares of East West Bancorp in a research note on Wednesday, September 24th. They issued a “buy” rating for the company. Barclays increased their price objective on shares of East West Bancorp from $140.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Piper Sandler raised their price target on shares of East West Bancorp from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Finally, Weiss Ratings downgraded shares of East West Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Ten equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $123.85.

East West Bancorp Price Performance

Shares of NASDAQ:EWBC opened at $102.52 on Monday. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.15 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a 50 day simple moving average of $104.96 and a 200 day simple moving average of $98.41. East West Bancorp has a one year low of $68.27 and a one year high of $113.95.

East West Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.60 per share. The ex-dividend date is Monday, November 3rd. This represents a $2.40 annualized dividend and a dividend yield of 2.3%. East West Bancorp’s dividend payout ratio is 26.46%.

Insider Transactions at East West Bancorp

In other news, EVP Gary Teo sold 6,550 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $106.47, for a total transaction of $697,378.50. Following the completion of the sale, the executive vice president directly owned 12,235 shares in the company, valued at $1,302,660.45. This represents a 34.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Irene H. Oh sold 7,639 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $109.40, for a total transaction of $835,706.60. Following the sale, the insider owned 105,714 shares of the company’s stock, valued at approximately $11,565,111.60. This trade represents a 6.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,240 shares of company stock worth $3,244,478 over the last three months. 1.04% of the stock is owned by company insiders.

Institutional Investors Weigh In On East West Bancorp

Several large investors have recently modified their holdings of the company. Invesco Ltd. increased its position in shares of East West Bancorp by 38.5% during the second quarter. Invesco Ltd. now owns 10,683,377 shares of the financial services provider’s stock worth $1,078,807,000 after buying an additional 2,968,716 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of East West Bancorp by 1.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 4,819,273 shares of the financial services provider’s stock worth $486,650,000 after buying an additional 86,171 shares during the period. First Trust Advisors LP increased its position in shares of East West Bancorp by 3.2% during the second quarter. First Trust Advisors LP now owns 4,294,317 shares of the financial services provider’s stock worth $433,640,000 after buying an additional 134,541 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in East West Bancorp by 1.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 4,005,394 shares of the financial services provider’s stock worth $359,525,000 after purchasing an additional 46,717 shares during the period. Finally, Boston Partners grew its holdings in East West Bancorp by 39.6% in the second quarter. Boston Partners now owns 3,241,088 shares of the financial services provider’s stock worth $327,271,000 after purchasing an additional 920,159 shares during the period. 89.53% of the stock is currently owned by institutional investors and hedge funds.

About East West Bancorp

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.