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

June 17, 2018 - By Marguerite Chambers

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 fall, 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.
Lord Abbett Commerce Limited Company has invested 0.28% in East West Bancorp, Inc. (NASDAQ:EWBC). Caisse De Depot Et Placement Du Quebec has 0% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 14,400 shares. First Wilshire Securities Mngmt, California-based fund reported 184,972 shares. Smith Graham And Investment Limited Partnership owns 115,260 shares for 0.69% of their portfolio. Twin Management invested in 104,770 shares. Advantus Capital Inc invested 0.03% in East West Bancorp, Inc. (NASDAQ:EWBC). Blackrock holds 14.45 million shares. Blair William Company Il has invested 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). 7.17 million are owned by State Street. Employees Retirement Of Texas has invested 0.09% in East West Bancorp, Inc. (NASDAQ:EWBC). 38,972 were reported by Commonwealth Of Pennsylvania Public School Empls Retrmt Systems. Evercore Wealth Mngmt Limited Liability Co accumulated 1.62% or 676,976 shares. Highbridge Cap Management Ltd Liability Company holds 0.07% or 67,138 shares in its portfolio. Fdx Advsrs Inc holds 0.05% or 28,535 shares in its portfolio. 349,339 were reported by California Pub Employees Retirement.

Since December 19, 2017, it had 0 insider buys, and 29 insider sales for $9.26 million activity. Shares for $30,016 were sold by CAMPBELL MOLLY on Thursday, March 15. $70,928 worth of stock was sold by LIU JACK C on Monday, April 23. Shares for $306,286 were sold by KRAUSE DOUGLAS PAUL. On Friday, February 2 Chan Iris S sold $133,378 worth of East West Bancorp, Inc. (NASDAQ:EWBC) or 2,000 shares. Oh Irene H had sold 5,000 shares worth $341,432.

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 $156.47 million giving it 16.16 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 0.53% or $0.37 during the last trading session, reaching $69.81. About 991,231 shares traded or 10.67% up from the average. East West Bancorp, Inc. (NASDAQ:EWBC) has risen 26.77% since June 17, 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. Keefe Bruyette & Woods maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Monday, February 26 with “Hold” rating. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 31. The rating was maintained by Morgan Stanley on Tuesday, April 24 with “Equal-Weight”. The firm has “Hold” rating by BMO Capital Markets given on Thursday, February 8. The firm has “Buy” rating given on Tuesday, January 2 by Barclays Capital. Sandler O’Neill maintained it with “Buy” rating and $7200 target in Thursday, April 19 report. Sandler O’Neill maintained it with “Buy” rating and $76.0 target in Thursday, January 25 report. BMO Capital Markets maintained the shares of EWBC in report on Thursday, January 25 with “Hold” rating. Wells Fargo maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Tuesday, January 9. Wells Fargo has “Buy” rating and $72.0 target. As per Thursday, January 4, the company rating was maintained by Sandler O’Neill.

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 $10.11 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other. It has a 19.45 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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