Analysts See $1.08 EPS for East West Bancorp, Inc. (EWBC)

June 15, 2018 - By Lola Flanagan

East West Bancorp, Inc. (NASDAQ:EWBC) LogoInvestors sentiment decreased to 1.01 in Q1 2018. Its down 0.21, from 1.22 in 2017Q4. It worsened, as 28 investors sold East West Bancorp, Inc. shares while 136 reduced holdings. 46 funds opened positions while 119 raised stakes. 122.89 million shares or 0.92% less from 124.03 million shares in 2017Q4 were reported.
The Arizona-based Arizona State Retirement Sys has invested 0.06% in East West Bancorp, Inc. (NASDAQ:EWBC). Shelton Mgmt reported 10,219 shares. Basswood Capital Mgmt Limited Liability Corporation invested in 37,989 shares. Moreover, Bb&T has 0.06% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Df Dent reported 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). Marietta Investment Partners Ltd Liability Com reported 95,852 shares. Blackrock invested in 0.04% or 14.45M shares. Kennedy Capital Mgmt Inc has invested 0.26% in East West Bancorp, Inc. (NASDAQ:EWBC). Numerixs Invest Techs has invested 0.06% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC). Cambiar Invsts Limited Liability Co has 0.07% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Apg Asset Mngmt Nv owns 0.02% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 185,500 shares. San Francisco Sentry Gru (Ca) reported 9,005 shares. Axa stated it has 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). Texas Permanent School Fund invested in 95,689 shares or 0.08% of the stock. Oakbrook Invs Ltd Llc accumulated 12,950 shares.

Since December 19, 2017, it had 0 insider buys, and 30 selling transactions for $9.56 million activity. Another trade for 1,075 shares valued at $76,616 was made by LIU JACK C on Wednesday, May 16. Oh Irene H sold $341,432 worth of stock. Shares for $27,971 were sold by CAMPBELL MOLLY. KRAUSE DOUGLAS PAUL had sold 5,000 shares worth $306,286. Another trade for 2,000 shares valued at $133,378 was sold by Chan Iris S.

Analysts expect East West Bancorp, Inc. (NASDAQ:EWBC) to report $1.08 EPS on July, 19.They anticipate $0.27 EPS change or 33.33 % from last quarter’s $0.81 EPS. EWBC’s profit would be $156.46 million giving it 16.25 P/E if the $1.08 EPS is correct. After having $1.13 EPS previously, East West Bancorp, Inc.’s analysts see -4.42 % EPS growth. The stock decreased 0.14% or $0.1 during the last trading session, reaching $70.18. About 844,358 shares traded. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 26.77% since June 15, 2017 and is uptrending. It has outperformed by 14.20% the S&P500.

East West Bancorp, Inc. (NASDAQ:EWBC) Ratings Coverage

Among 11 analysts covering East West Bancorp (NASDAQ:EWBC), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. East West Bancorp had 22 analyst reports since December 18, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, February 7 by Deutsche Bank. The rating was maintained by Sandler O’Neill with “Buy” on Thursday, January 4. BMO Capital Markets maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Monday, December 18. BMO Capital Markets has “Hold” rating and $66.0 target. As per Tuesday, April 24, the company rating was maintained by Morgan Stanley. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) has “Neutral” rating given on Tuesday, April 24 by DA Davidson. Deutsche Bank maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Friday, May 4 with “Hold” rating. The firm has “Hold” rating given on Thursday, February 8 by BMO Capital Markets. On Tuesday, January 9 the stock rating was maintained by Wells Fargo with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, March 7. As per Wednesday, January 31, the company rating was maintained by Morgan Stanley.

East West Bancorp, Inc. operates as the holding firm for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company has market cap of $10.17 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 19.55 P/E ratio. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelersÂ’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services.

East West Bancorp, Inc. (NASDAQ:EWBC) Institutional Positions Chart

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