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.
East West Bancorp stock last closed at $74.47, up 2.18% from the previous day, and has increased 38.6% in one year. It has overperformed other stocks in the Banks - Diversified industry by 0.2 percentage points. East West Bancorp stock is currently +81.1% from its 52-week low of $41.12, and -6.37% from its 52-week high of $79.54.
As of Apr 22, 2024, there are 140.03M EWBC shares outstanding. The market value of EWBC is $10.43B. In the last 24 hours, 709,543 EWBC shares were traded.
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Once you have identified the best place to buy East West Bancorp stock, it's critical to evaluate their stock before you invest, so you truly understand the risk as well as the upside.
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You can see all of the due diligence checks on EWBC's stock page.
You can use many financial metrics, analyses, models, and charts to gauge EWBC's fair value.
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You can access additional valuation research on EWBC's stock here.
Out of 9 Equities analysts who give recommendations on EWBC, the consensus analyst rating on EWBC is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Manan Gosalia, a top 4% analyst from Morgan Stanley maintains EWBC with a strong buy rating and raises their EWBC price target from $76.00 to $89.00, on Feb 7, 2024.
Morgan Stanley's Manan Gosalia raised their price target on East West Bancorp (NASDAQ: EWBC) by 17.1% from $76 to $89 on 2024/02/07. The analyst maintained their Strong Buy rating on the stock.
Explaining their price target increase on East West Bancorp, Gosalia said that, "for the midcap bank group, they are increasing price targets by a median 20% as they roll their valuation year from 2024 to 2025."
Gosalia said that "the events in the past week at New York Community Bancorp don't change Morgan Stanley's view that working through CRE [the Commerical Real Estate sector] will be a long grind for the group, with weakness accelerating in the next two to three quarters."
The analyst said they are sticking with their Hold rating on most midcap banks, but recommending that investors "skew to defensive names."
Morgan Stanley has dropped M&T Bank as its Top Pick among midcap banks and replaced it with Huntington Bancshares because of Huntington's low CRE exposure and high reserve ratio, Gosalia told readers.
Matthew Clark, a top 26% analyst from Piper Sandler maintains EWBC with a hold rating and raises their EWBC price target from $72.00 to $75.00, on Jan 24, 2024.
David Chiaverini, a top 34% analyst from Wedbush reiterates EWBC with a buy rating and maintains their EWBC price target from $86.00 to $86.00, on Jan 24, 2024.
Brody Preston, a top 11% analyst from UBS maintains EWBC with a strong buy rating and raises their EWBC price target from $61.00 to $66.00, on Nov 9, 2023.
You can dive deeper into what analysts are forecasting on the East West Bancorp stock forecast page.
Last year, EWBC earnings were $1.16B. Over the past 5 year, EWBC's earnings have grown by 11.11% per year. This was faster than the Banks - Diversified industry average of 6.76%.
Last year, EWBC revenue was $2.48B. In the last five year, EWBC's revenue has gone up by 10.03% per year. This was faster than the Banks - Diversified industry average of 5.3%.
Dive into EWBC's earnings and revenue performance here.
In the past 12 months, executives and large shareholders at EWBC have sold more shares than they have bought.
Molly Campbell, Director of EWBC, was the latest EWBC insider to sell. They sold $125,547.50 worth of EWBC stock on Mar 7, 2024.
Dig into more about who owns EWBC shares here.
East West Bancorp pays a dividend of 2.67%, compared to the Banks - Diversified industry's average dividend yield of 4.7%. If you owned $1,000 of EWBC stock, you would have received $26.72 in the past year.
East West Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Find more data about East West Bancorp dividend yield and history here.
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