What is DA Davidson's Estimate for EWBC Q1 Earnings?

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for East West Bancorp in a report released on Monday, January 27th. DA Davidson analyst G. Tenner anticipates that the financial services provider will earn $2.01 per share for the quarter. DA Davidson has a "Buy" rating and a $118.00 price objective on the stock. The consensus estimate for East West Bancorp's current full-year earnings is $8.82 per share.

Several other equities analysts have also issued reports on EWBC. Barclays dropped their price objective on East West Bancorp from $125.00 to $120.00 and set an "overweight" rating on the stock in a report on Friday, January 24th. Citigroup boosted their price objective on East West Bancorp from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. UBS Group began coverage on shares of East West Bancorp in a research report on Tuesday, December 17th. They set a "neutral" rating and a $112.00 target price on the stock. Keefe, Bruyette & Woods increased their price target on shares of East West Bancorp from $96.00 to $128.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company lifted their price objective on shares of East West Bancorp from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $110.38.

East West Bancorp Stock Down 0.6 %

Shares of NASDAQ EWBC traded down $0.62 during mid-day trading on Tuesday, reaching $102.97. The company had a trading volume of 732,737 shares, compared to its average volume of 914,587. The firm has a 50 day simple moving average of $101.17 and a two-hundred day simple moving average of $91.86. East West Bancorp has a 52-week low of $67.27 and a 52-week high of $113.95. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46. The stock has a market cap of $14.27 billion, a P/E ratio of 12.36, a PEG ratio of 1.38 and a beta of 1.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its position in shares of East West Bancorp by 0.3% in the fourth quarter. Louisiana State Employees Retirement System now owns 38,500 shares of the financial services provider's stock valued at $3,687,000 after buying an additional 100 shares during the last quarter. Covestor Ltd raised its holdings in East West Bancorp by 7.4% in the 3rd quarter. Covestor Ltd now owns 1,537 shares of the financial services provider's stock valued at $128,000 after acquiring an additional 106 shares during the last quarter. Lindenwold Advisors INC lifted its stake in shares of East West Bancorp by 1.8% during the 3rd quarter. Lindenwold Advisors INC now owns 7,270 shares of the financial services provider's stock worth $602,000 after purchasing an additional 129 shares during the period. Blue Trust Inc. boosted its holdings in shares of East West Bancorp by 3.8% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the financial services provider's stock worth $343,000 after purchasing an additional 132 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of East West Bancorp by 7.8% in the third quarter. US Bancorp DE now owns 1,949 shares of the financial services provider's stock valued at $161,000 after purchasing an additional 141 shares during the period. 89.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other East West Bancorp news, Vice Chairman Douglas Paul Krause sold 12,000 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $106.61, for a total transaction of $1,279,320.00. Following the completion of the transaction, the insider now owns 45,403 shares of the company's stock, valued at approximately $4,840,413.83. This trade represents a 20.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Rudolph Estrada sold 469 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $98.04, for a total value of $45,980.76. Following the sale, the director now directly owns 17,750 shares in the company, valued at approximately $1,740,210. The trade was a 2.57 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,469 shares of company stock valued at $1,534,339. 1.04% of the stock is owned by insiders.

East West Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 17th. Investors of record on Monday, February 3rd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.33%. This is a boost from East West Bancorp's previous quarterly dividend of $0.55. East West Bancorp's dividend payout ratio is currently 26.41%.

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.