Q3 EPS Estimate for East West Bancorp Boosted by Analyst

East West Bancorp, Inc. (NASDAQ:EWBCFree Report) – Stock analysts at Zacks Research increased their Q3 2026 earnings estimates for shares of East West Bancorp in a research note issued on Monday, December 9th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $2.35 per share for the quarter, up from their prior forecast of $2.34. The consensus estimate for East West Bancorp’s current full-year earnings is $8.38 per share.

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

Other analysts have also issued research reports about the stock. Wells Fargo & Company upped their target price on shares of East West Bancorp from $105.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, December 3rd. Keefe, Bruyette & Woods upped their price target on shares of East West Bancorp from $96.00 to $128.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Compass Point increased their price objective on East West Bancorp from $110.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday. 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, Barclays raised their price target on East West Bancorp from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $109.17.

View Our Latest Stock Analysis on EWBC

East West Bancorp Trading Down 1.9 %

Shares of EWBC opened at $103.11 on Thursday. East West Bancorp has a twelve month low of $67.03 and a twelve month high of $113.95. The stock has a market cap of $14.29 billion, a PE ratio of 13.02, a P/E/G ratio of 3.06 and a beta of 1.28. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average price is $99.59 and its 200-day moving average price is $85.45.

Institutional Investors Weigh In On East West Bancorp

Several hedge funds have recently bought and sold shares of the business. B. Metzler seel. Sohn & Co. Holding AG bought a new position in East West Bancorp during the 3rd quarter valued at approximately $4,157,000. Janney Montgomery Scott LLC increased its holdings in shares of East West Bancorp by 159.1% during the third quarter. Janney Montgomery Scott LLC now owns 29,587 shares of the financial services provider’s stock valued at $2,448,000 after acquiring an additional 18,166 shares in the last quarter. Quest Partners LLC increased its holdings in shares of East West Bancorp by 830,133.3% during the third quarter. Quest Partners LLC now owns 24,907 shares of the financial services provider’s stock valued at $2,061,000 after acquiring an additional 24,904 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of East West Bancorp in the 2nd quarter worth about $852,000. Finally, Jennison Associates LLC boosted its stake in East West Bancorp by 7.3% in the 3rd quarter. Jennison Associates LLC now owns 1,804,288 shares of the financial services provider’s stock worth $149,287,000 after purchasing an additional 123,376 shares in the last quarter. Institutional investors own 89.53% of the company’s stock.

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 document filed with the SEC, which is available at the SEC website. Also, Vice Chairman Douglas Paul Krause sold 12,000 shares of the company’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 value of $1,279,320.00. Following the transaction, the insider now owns 45,403 shares of the company’s stock, valued at approximately $4,840,413.83. This represents a 20.90 % decrease in their position. 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 in the last 90 days. 1.04% of the stock is owned by company insiders.

East West Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Monday, November 4th. East West Bancorp’s dividend payout ratio is currently 27.78%.

About East West Bancorp

(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.

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

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