Equities Analysts Offer Predictions for EWBC FY2025 Earnings

East West Bancorp, Inc. (NASDAQ:EWBC) – Analysts at DA Davidson raised their FY2025 EPS estimates for East West Bancorp in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will post earnings of $8.60 per share for the year, up from their previous forecast of $8.55. DA Davidson currently 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 $8.39 per share.

East West Bancorp (NASDAQ:EWBC) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.03. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $641.80 million. East West Bancorp had a return on equity of 16.07% and a net margin of 24.96%. During the same quarter last year, the business earned $2.02 earnings per share.

Several other equities analysts also recently commented on EWBC. Keefe, Bruyette & Woods increased their target price on East West Bancorp from $96.00 to $128.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Barclays increased their price target on East West Bancorp from $120.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company increased their price objective on shares of East West Bancorp from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Wedbush increased their target price on shares of East West Bancorp from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley increased their price target on East West Bancorp from $103.00 to $106.00 and gave the company an “overweight” rating in a research report on Monday, September 30th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.77.

East West Bancorp Stock Performance

NASDAQ EWBC opened at $94.87 on Friday. East West Bancorp has a fifty-two week low of $67.27 and a fifty-two week high of $113.95. The stock has a market cap of $13.15 billion, a PE ratio of 11.98, a PEG ratio of 3.05 and a beta of 1.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 0.92. The firm’s fifty day moving average price is $101.07 and its two-hundred day moving average price is $86.33.

Institutional Trading of East West Bancorp

Institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC grew its holdings in East West Bancorp by 3.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,606 shares of the financial services provider’s stock valued at $264,000 after buying an additional 133 shares in the last quarter. First Heartland Consultants Inc. bought a new position in East West Bancorp in the second quarter worth about $214,000. Atomi Financial Group Inc. bought a new position in shares of East West Bancorp during the 2nd quarter worth approximately $216,000. Miller Howard Investments Inc. NY increased its position in shares of East West Bancorp by 30.6% during the second quarter. Miller Howard Investments Inc. NY now owns 649,708 shares of the financial services provider’s stock worth $47,578,000 after purchasing an additional 152,334 shares in the last quarter. Finally, Whittier Trust Co. raised its stake in East West Bancorp by 4.6% in the second quarter. Whittier Trust Co. now owns 239,879 shares of the financial services provider’s stock valued at $17,564,000 after buying an additional 10,441 shares during the last quarter. Hedge funds and other institutional investors own 89.53% of the company’s stock.

Insider Activity

In related news, Vice Chairman Douglas Paul Krause sold 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $106.61, for a total transaction of $1,279,320.00. Following the completion of the sale, the insider now directly owns 45,403 shares in the company, valued at approximately $4,840,413.83. The trade was a 20.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Molly Campbell sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $98.65, for a total value of $147,975.00. Following the completion of the transaction, the director now directly owns 10,639 shares in the company, valued at $1,049,537.35. This trade represents a 12.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,969 shares of company stock valued at $2,458,276. Corporate insiders own 1.04% of the company’s stock.

East West Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a $0.55 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.20 annualized dividend and a yield of 2.32%. East West Bancorp’s dividend payout ratio (DPR) is presently 27.78%.

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.