Q3 EPS Estimate for East West Bancorp Lowered by Analyst

East West Bancorp, Inc. (NASDAQ:EWBCFree Report) – Investment analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for East West Bancorp in a research note issued 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 forecast of $2.35. The consensus estimate for East West Bancorp’s current full-year earnings is $8.37 per share.

A number of other research firms have also commented on EWBC. Morgan Stanley lifted their target price on shares of East West Bancorp from $103.00 to $106.00 and gave the stock an “overweight” rating in a report on Monday, September 30th. Wedbush upped their price objective on East West Bancorp from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. StockNews.com upgraded East West Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. Truist Financial boosted their target price on East West Bancorp from $93.00 to $101.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Piper Sandler increased their price target on shares of East West Bancorp from $87.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, East West Bancorp has a consensus rating of “Moderate Buy” and a consensus price target of $102.25.

Get Our Latest Stock Report on East West Bancorp

East West Bancorp Trading Up 0.2 %

EWBC opened at $110.05 on Thursday. The firm has a 50 day simple moving average of $94.72 and a 200 day simple moving average of $83.41. East West Bancorp has a fifty-two week low of $60.34 and a fifty-two week high of $113.95. The company has a market cap of $15.26 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 3.23 and a beta of 1.27. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.92 and a quick ratio of 0.92.

East West Bancorp (NASDAQ:EWBCGet Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.03. The firm had revenue of $1.16 billion during 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 period in the previous year, the business posted $2.02 EPS.

Institutional Investors Weigh In On East West Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. grew its stake in 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 in the last quarter. Tidal Investments LLC boosted its holdings in shares of East West Bancorp by 7.1% in the 3rd quarter. Tidal Investments LLC now owns 23,674 shares of the financial services provider’s stock valued at $1,959,000 after buying an additional 1,566 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of East West Bancorp in the 3rd quarter valued at approximately $26,000. World Investment Advisors LLC bought a new position in shares of East West Bancorp in the third quarter valued at $5,513,000. Finally, Geode Capital Management LLC increased its holdings in East West Bancorp by 4.9% during the third quarter. Geode Capital Management LLC now owns 2,608,132 shares of the financial services provider’s stock worth $216,438,000 after buying an additional 122,738 shares during the last quarter. 89.53% of the stock is owned by institutional investors.

Insider Buying and Selling

In other East West Bancorp news, Director Rudolph Estrada sold 469 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $98.04, for a total transaction of $45,980.76. Following the completion of the transaction, the director now owns 17,750 shares of the company’s stock, valued at $1,740,210. This represents a 2.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman Douglas Paul Krause sold 12,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now directly owns 45,403 shares of the company’s stock, valued at $4,840,413.83. This represents a 20.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,969 shares of company stock worth $2,458,276 over the last ninety days. Company insiders own 1.04% of the company’s stock.

East West Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend was Monday, November 4th. East West Bancorp’s dividend payout ratio is 27.78%.

East West Bancorp Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for East West Bancorp (NASDAQ:EWBC)

Receive News & Ratings for East West Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.