Zacks Research Issues Negative Estimate for EWBC Earnings

East West Bancorp, Inc. (NASDAQ:EWBC) – Research analysts at Zacks Research cut their Q1 2027 earnings estimates for East West Bancorp in a note issued to investors on Tuesday, November 11th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $2.42 for the quarter, down from their previous estimate of $2.48. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for East West Bancorp’s current full-year earnings is $8.85 per share. Zacks Research also issued estimates for East West Bancorp’s Q2 2027 earnings at $2.50 EPS.

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

EWBC has been the subject of several other research reports. Keefe, Bruyette & Woods lifted their price target on East West Bancorp from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. TD Cowen began coverage on East West Bancorp in a report on Thursday, September 25th. They issued a “buy” rating and a $139.00 price objective on the stock. Citigroup boosted their target price on East West Bancorp from $124.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, September 8th. UBS Group reduced their price objective on East West Bancorp from $118.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Finally, Truist Financial upped their price objective on East West Bancorp from $112.00 to $116.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $124.08.

East West Bancorp Stock Down 0.8%

EWBC traded down $0.81 during trading on Thursday, hitting $104.54. The stock had a trading volume of 93,972 shares, compared to its average volume of 983,571. The company has a market capitalization of $14.41 billion, a PE ratio of 11.54, a PEG ratio of 1.12 and a beta of 0.97. East West Bancorp has a twelve month low of $68.27 and a twelve month high of $113.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a 50 day simple moving average of $104.41 and a two-hundred day simple moving average of $100.62.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. raised its stake in shares of East West Bancorp by 38.5% in the 2nd quarter. Invesco Ltd. now owns 10,683,377 shares of the financial services provider’s stock valued at $1,078,807,000 after purchasing an additional 2,968,716 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of East West Bancorp by 1.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,819,273 shares of the financial services provider’s stock valued at $486,650,000 after buying an additional 86,171 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of East West Bancorp by 0.5% in the third quarter. First Trust Advisors LP now owns 4,313,856 shares of the financial services provider’s stock valued at $459,210,000 after purchasing an additional 19,539 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in East West Bancorp by 1.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,005,394 shares of the financial services provider’s stock worth $359,525,000 after acquiring an additional 46,717 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in East West Bancorp by 10.9% in the 3rd quarter. Schroder Investment Management Group now owns 3,395,376 shares of the financial services provider’s stock valued at $361,879,000 after purchasing an additional 334,429 shares during the period. 89.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Irene H. Oh sold 7,639 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $109.40, for a total transaction of $835,706.60. Following the completion of the transaction, the insider directly owned 105,714 shares of the company’s stock, valued at approximately $11,565,111.60. This trade represents a 6.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jack C. Liu sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $105.00, for a total value of $105,000.00. Following the completion of the sale, the director owned 14,974 shares in the company, valued at approximately $1,572,270. This represents a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 43,220 shares of company stock worth $4,551,488. 1.04% of the stock is currently owned by corporate insiders.

East West Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $2.40 annualized dividend and a yield of 2.3%. East West Bancorp’s dividend payout ratio is 26.46%.

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.