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

East West Bancorp, Inc. (NASDAQ:EWBC) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of East West Bancorp in a report released on Monday, January 27th. DA Davidson analyst G. Tenner expects 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 target on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.38 per share.

Several other equities research analysts have also issued reports on the stock. Wells Fargo & Company lifted their price target 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. Compass Point upped their target price on East West Bancorp from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Citigroup raised their price target 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. StockNews.com cut East West Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, January 24th. Finally, Piper Sandler decreased their target price on shares of East West Bancorp from $100.00 to $97.00 and set a “neutral” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, East West Bancorp has an average rating of “Moderate Buy” and a consensus price target of $110.38.

East West Bancorp Price Performance

EWBC stock opened at $103.02 on Tuesday. The stock has a 50-day moving average price of $101.28 and a two-hundred day moving average price of $91.70. East West Bancorp has a 1 year low of $67.27 and a 1 year high of $113.95. The stock has a market cap of $14.28 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 2.85 and a beta of 1.30. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46.

Hedge Funds Weigh In On East West Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new position in East West Bancorp during the third quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB bought a new stake in shares of East West Bancorp during the 3rd quarter worth $26,000. UMB Bank n.a. boosted its stake in East West Bancorp by 362.8% in the third quarter. UMB Bank n.a. now owns 361 shares of the financial services provider’s stock valued at $30,000 after buying an additional 283 shares in the last quarter. Tobam grew its position in East West Bancorp by 131.7% in the third quarter. Tobam now owns 482 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 274 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new position in East West Bancorp in the third quarter valued at about $79,000. 89.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other East West Bancorp news, Director Rudolph Estrada sold 469 shares of the business’s stock in a transaction dated 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 sale, the director now owns 17,750 shares of the company’s stock, valued at $1,740,210. The trade was 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 East West Bancorp stock in a transaction that occurred 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 owns 45,403 shares of the company’s stock, valued at approximately $4,840,413.83. The trade was a 20.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,194 shares of company stock valued at $1,401,063. 1.04% of the stock is owned by insiders.

East West Bancorp Increases Dividend

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