East West Bancorp (EWBC)
(Delayed Data from NSDQ)
$81.30 USD
-1.10 (-1.34%)
Updated Sep 24, 2024 03:59 PM ET
3-Hold of 5 3
B Value F Growth F Momentum F VGM
Company Summary
Headquartered in Pasadena, CA, East West Bancorp is the bank holding company for East West Bank. Incorporated in 1998, the company serves as a financial bridge between the United States and China by providing various consumer as well as commercial banking services to the Asian-American community.
East West Bancorp operates through more than 110 locations in the United States and China. In the United States, the company has branches in California, Georgia, Illinois, Massachusetts, Nevada, New York, Texas and Washington, while in China, it has offices in Hong Kong, Shanghai, Shantou, Shenzhen, Beijing, Chongqing, Guangzhou and ...
Company Summary
Headquartered in Pasadena, CA, East West Bancorp is the bank holding company for East West Bank. Incorporated in 1998, the company serves as a financial bridge between the United States and China by providing various consumer as well as commercial banking services to the Asian-American community.
East West Bancorp operates through more than 110 locations in the United States and China. In the United States, the company has branches in California, Georgia, Illinois, Massachusetts, Nevada, New York, Texas and Washington, while in China, it has offices in Hong Kong, Shanghai, Shantou, Shenzhen, Beijing, Chongqing, Guangzhou and Xiamen. It has a banking subsidiary based in China - East West Bank (China) Limited.
East West Bancorp has three operating segments:
Consumer and Business Banking (51.4% of total segment net income in 2023): The segment mainly offers financial service products and services to consumer and commercial customers through the company’s branch network and digital banking platform in the United States.
Commercial Banking (41.2%): Through its commercial lending offices in the United States and China, the segment mainly focuses on generating commercial loans and deposits. Also, it offers a wide variety of international finance, trade finance, and cash management services and products.
Other (7.4%): This segment acts as an administrative support to the above-mentioned segments. All the centralized functions, including treasury activities and other eliminations of inter-segment amounts, have been included in this segment.
In 2014, East West Bancorp acquired MetroCorp Bancshares, Inc. In 2018, the company, through its subsidiary East West Bank, divested eight Desert Community Bank branches, and related assets and liabilities.
As of June 30, 2024, East West Bancorp had $72.5 billion in total assets, $52.1 billion in net loans held for investment, $60 billion in total deposits and $7.2 billion in stockholders’ equity.
General Information
East West Bancorp, Inc
135 N. LOS ROBLES AVE. 7TH FLOOR
PASADENA, CA 91101
Phone: 626-768-6000
Fax: 302-655-5049
Web: http://www.eastwestbank.com
Email: chris.delmoralniles@eastwestbank.com
Industry | Banks - West |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.04 |
Current Year EPS Consensus Estimate | 8.17 |
Estimated Long-Term EPS Growth Rate | 3.60 |
Exp Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 82.40 |
52 Week High | 89.75 |
52 Week Low | 49.59 |
Beta | 1.29 |
20 Day Moving Average | 585,228.31 |
Target Price Consensus | 95.33 |
4 Week | -0.81 |
12 Week | 10.06 |
YTD | 13.02 |
4 Week | -2.66 |
12 Week | 5.76 |
YTD | -5.96 |
Shares Outstanding (millions) | 138.60 |
Market Capitalization (millions) | 11,271.37 |
Short Ratio | NA |
Last Split Date | 6/22/2004 |
Dividend Yield | 2.71% |
Annual Dividend | $2.20 |
Payout Ratio | 0.27 |
Change in Payout Ratio | 0.03 |
Last Dividend Payout / Amount | 8/2/2024 / $0.55 |
Fundamental Ratios
P/E (F1) | 9.95 |
Trailing 12 Months | 9.93 |
PEG Ratio | 2.76 |
vs. Previous Year | -5.91% |
vs. Previous Quarter | -0.48% |
vs. Previous Year | 13.64% |
vs. Previous Quarter | 1.49% |
Price/Book | 1.57 |
Price/Cash Flow | 8.21 |
Price / Sales | 2.60 |
6/30/24 | 16.64 |
3/31/24 | 17.43 |
12/31/23 | 18.47 |
6/30/24 | 1.64 |
3/31/24 | 1.70 |
12/31/23 | 1.78 |
6/30/24 | 0.92 |
3/31/24 | 0.93 |
12/31/23 | 0.91 |
6/30/24 | 0.92 |
3/31/24 | 0.93 |
12/31/23 | 0.91 |
6/30/24 | 26.69 |
3/31/24 | 28.08 |
12/31/23 | 30.47 |
6/30/24 | 25.40 |
3/31/24 | 26.78 |
12/31/23 | 29.11 |
6/30/24 | 32.73 |
3/31/24 | 33.62 |
12/31/23 | 36.59 |
6/30/24 | 51.85 |
3/31/24 | 50.48 |
12/31/23 | 49.32 |
6/30/24 | 166.07 |
3/31/24 | 265.86 |
12/31/23 | 330.99 |
6/30/24 | 0.49 |
3/31/24 | 0.50 |
12/31/23 | 0.02 |
6/30/24 | 32.89 |
3/31/24 | 33.49 |
12/31/23 | 2.15 |