DA Davidson Raises Earnings Estimates for East West Bancorp

East West Bancorp, Inc. (NASDAQ:EWBC) – Research analysts at DA Davidson raised their FY2025 EPS estimates for shares of East West Bancorp in a research report issued to clients and investors on Thursday, October 23rd. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $9.45 per share for the year, up from their previous estimate of $9.08. DA Davidson has a “Buy” rating and a $125.00 price target on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.85 per share. DA Davidson also issued estimates for East West Bancorp’s FY2026 earnings at $9.90 EPS.

East West Bancorp (NASDAQ:EWBC) last issued its earnings results on Monday, December 11th. The financial services provider reported $2.08 EPS for the quarter. The business had revenue of $627.36 million for the quarter. East West Bancorp had a net margin of 27.16% and a return on equity of 15.55%.

EWBC has been the topic of a number of other reports. Wall Street Zen upgraded shares of East West Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, October 11th. Morgan Stanley upped their target price on shares of East West Bancorp from $111.00 to $126.00 and gave the stock an “underperform” rating in a research note on Monday, September 29th. Piper Sandler upped their target price on shares of East West Bancorp from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Cowen began coverage on shares of East West Bancorp in a research report on Wednesday, September 24th. They issued a “buy” rating for the company. Finally, Citigroup upped their price target on shares of East West Bancorp from $124.00 to $134.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, East West Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $124.08.

East West Bancorp Price Performance

Shares of EWBC stock opened at $100.77 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $13.89 billion, a P/E ratio of 11.11, a P/E/G ratio of 1.15 and a beta of 0.93. The company’s 50-day simple moving average is $104.96 and its two-hundred day simple moving average is $98.80. East West Bancorp has a one year low of $68.27 and a one year high of $113.95.

East West Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 2.4%. East West Bancorp’s dividend payout ratio is presently 26.46%.

Insider Activity at East West Bancorp

In related news, Director Jack C. Liu sold 1,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $105.00, for a total transaction of $105,000.00. Following the completion of the sale, the director owned 14,974 shares of the company’s stock, valued at $1,572,270. This represents a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Irene H. Oh sold 7,639 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $109.40, for a total transaction of $835,706.60. Following the sale, the insider directly owned 105,714 shares of the company’s stock, valued at $11,565,111.60. The trade was a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,240 shares of company stock valued at $3,244,478 over the last 90 days. Insiders own 1.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EWBC. Xponance Inc. increased its stake in shares of East West Bancorp by 1.9% in the first quarter. Xponance Inc. now owns 16,141 shares of the financial services provider’s stock worth $1,449,000 after acquiring an additional 302 shares during the period. Cerity Partners LLC increased its stake in shares of East West Bancorp by 35.9% in the first quarter. Cerity Partners LLC now owns 16,157 shares of the financial services provider’s stock worth $1,450,000 after acquiring an additional 4,271 shares during the period. US Bancorp DE grew its position in East West Bancorp by 880.7% during the second quarter. US Bancorp DE now owns 21,625 shares of the financial services provider’s stock valued at $2,184,000 after buying an additional 19,420 shares during the period. Deutsche Bank AG grew its position in East West Bancorp by 16.5% during the first quarter. Deutsche Bank AG now owns 21,516 shares of the financial services provider’s stock valued at $1,931,000 after buying an additional 3,052 shares during the period. Finally, Westfield Capital Management Co. LP grew its position in East West Bancorp by 203.0% during the first quarter. Westfield Capital Management Co. LP now owns 817,306 shares of the financial services provider’s stock valued at $73,361,000 after buying an additional 547,556 shares during the period. Institutional investors and hedge funds 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.