Q1 2025 EPS Estimates for East West Bancorp, Inc. Increased by Wedbush (NASDAQ:EWBC)

East West Bancorp, Inc. (NASDAQ:EWBC) – Equities researchers at Wedbush boosted their Q1 2025 earnings estimates for East West Bancorp in a report released on Thursday, August 1st. Wedbush analyst D. Chiaverini now expects that the financial services provider will earn $2.02 per share for the quarter, up from their prior forecast of $1.99. Wedbush currently has a “Outperform” rating and a $100.00 target price on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.15 per share.

East West Bancorp (NASDAQ:EWBC) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.10. East West Bancorp had a net margin of 25.40% and a return on equity of 16.64%. The firm had revenue of $638.00 million during the quarter, compared to analysts’ expectations of $631.61 million. During the same period last year, the business earned $2.20 earnings per share. East West Bancorp’s revenue was down .9% compared to the same quarter last year.

Other analysts also recently issued reports about the company. Morgan Stanley raised their price objective on East West Bancorp from $95.00 to $103.00 and gave the stock an “overweight” rating in a research report on Monday. Barclays lowered their price objective on shares of East West Bancorp from $106.00 to $105.00 and set an “overweight” rating for the company in a research note on Monday, June 24th. Truist Financial increased their target price on shares of East West Bancorp from $80.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, July 25th. Keefe, Bruyette & Woods boosted their price target on shares of East West Bancorp from $82.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. Finally, Stephens increased their price objective on East West Bancorp from $86.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $89.53.

East West Bancorp Trading Up 0.5 %

Shares of East West Bancorp stock opened at $77.25 on Monday. The stock has a 50 day moving average of $75.60 and a 200 day moving average of $74.89. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 2.84 and a beta of 1.32. East West Bancorp has a fifty-two week low of $49.59 and a fifty-two week high of $89.75.

East West Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, August 2nd. This represents a $2.20 annualized dividend and a yield of 2.85%. East West Bancorp’s dividend payout ratio is currently 27.71%.

Insider Activity at East West Bancorp

In other East West Bancorp news, Vice Chairman Douglas Paul Krause sold 8,000 shares of East West Bancorp stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $73.76, for a total transaction of $590,080.00. Following the transaction, the insider now owns 57,403 shares of the company’s stock, valued at $4,234,045.28. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, Vice Chairman Douglas Paul Krause sold 8,000 shares of the business’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $73.76, for a total value of $590,080.00. Following the transaction, the insider now owns 57,403 shares in the company, valued at approximately $4,234,045.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gary Teo sold 3,450 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $87.73, for a total value of $302,668.50. Following the sale, the executive vice president now directly owns 15,875 shares of the company’s stock, valued at $1,392,713.75. The disclosure for this sale can be found here. Insiders sold a total of 19,346 shares of company stock valued at $1,531,240 over the last ninety days. Insiders own 1.04% of the company’s stock.

Institutional Trading of East West Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the company. Capital International Investors increased its position in shares of East West Bancorp by 1.4% in the fourth quarter. Capital International Investors now owns 11,582,254 shares of the financial services provider’s stock valued at $833,469,000 after buying an additional 159,963 shares in the last quarter. Capital Research Global Investors purchased a new stake in East West Bancorp during the 1st quarter worth about $338,142,000. Massachusetts Financial Services Co. MA grew its holdings in shares of East West Bancorp by 30.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,215,701 shares of the financial services provider’s stock worth $231,370,000 after buying an additional 751,944 shares in the last quarter. Boston Partners raised its position in shares of East West Bancorp by 48.5% in the fourth quarter. Boston Partners now owns 2,713,987 shares of the financial services provider’s stock valued at $195,279,000 after buying an additional 886,841 shares during the last quarter. Finally, Schroder Investment Management Group lifted its stake in shares of East West Bancorp by 3.0% during the fourth quarter. Schroder Investment Management Group now owns 2,462,062 shares of the financial services provider’s stock valued at $177,145,000 after buying an additional 72,746 shares during the period. Hedge funds and other institutional investors own 89.53% of the company’s stock.

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.