Zacks Research Expects Weaker Earnings for East West Bancorp

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - Equities researchers at Zacks Research decreased their Q3 2026 EPS estimates for East West Bancorp in a report released on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $2.34 per share for the quarter, down from their prior estimate of $2.35. The consensus estimate for East West Bancorp's current full-year earnings is $8.37 per share.

A number of other equities research analysts have also weighed in on EWBC. Morgan Stanley lifted their target price 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. Stephens upped their price target on shares of East West Bancorp from $91.00 to $104.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. DA Davidson increased their price objective on shares of East West Bancorp from $100.00 to $107.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Compass Point lifted their price objective on shares of East West Bancorp from $93.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Finally, StockNews.com upgraded East West Bancorp from a "sell" rating to a "hold" rating in a report on Tuesday, October 29th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $102.25.

East West Bancorp Trading Up 0.2 %

Shares of NASDAQ EWBC traded up $0.20 during trading hours on Thursday, reaching $110.05. The stock had a trading volume of 527,051 shares, compared to its average volume of 928,067. East West Bancorp has a 52-week low of $60.34 and a 52-week high of $113.95. The firm has a market cap of $15.26 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 3.23 and a beta of 1.27. The business's fifty day moving average price is $94.18 and its two-hundred day moving average price is $83.22. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46.

East West Bancorp (NASDAQ:EWBC - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.03. The company had revenue of $1.16 billion during the quarter, compared to analysts' expectations of $641.80 million. East West Bancorp had a net margin of 24.96% and a return on equity of 16.07%. During the same period in the previous year, the company earned $2.02 EPS.

Institutional Trading of East West Bancorp

Several large investors have recently added to or reduced their stakes in EWBC. Franklin Resources Inc. increased its holdings in shares of East West Bancorp by 21.9% in the third quarter. Franklin Resources Inc. now owns 42,552 shares of the financial services provider's stock valued at $3,800,000 after purchasing an additional 7,645 shares during the period. Tidal Investments LLC raised its position in East West Bancorp by 7.1% during the 3rd quarter. Tidal Investments LLC now owns 23,674 shares of the financial services provider's stock worth $1,959,000 after buying an additional 1,566 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in East West Bancorp during the 3rd quarter valued at approximately $26,000. World Investment Advisors LLC acquired a new stake in East West Bancorp during the 3rd quarter valued at approximately $5,513,000. Finally, Geode Capital Management LLC boosted its holdings in shares of East West Bancorp by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 2,608,132 shares of the financial services provider's stock valued at $216,438,000 after acquiring an additional 122,738 shares during 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 other news, Vice Chairman Douglas Paul Krause sold 12,000 shares of East West Bancorp stock in a transaction 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Rudolph Estrada sold 469 shares of the company's 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 completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,969 shares of company stock worth $2,458,276. 1.04% of the stock is owned by insiders.

East West Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Monday, November 4th. East West Bancorp's dividend payout ratio (DPR) is presently 27.78%.

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.