EPS for East West Bancorp, Inc. (EWBC) forecasted at $1.08

June 29, 2018 - By Nell Hawkins

East West Bancorp, Inc. (NASDAQ:EWBC) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 1.01. That’s change of 0.21, from 2017Q4’s 1.22. 28 investors sold all, 136 reduced holdings as East West Bancorp, Inc. ratio dived. 119 rose holdings while 46 funds acquired holdings. Funds hold 122.89 million shares thus 0.92% less from 2017Q4’s 124.03 million shares.
Moreover, Guggenheim Capital Ltd has 0.02% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Old Mutual Customised Solutions (Proprietary) Ltd reported 5,600 shs. Sumitomo Mitsui Tru holds 0.03% or 419,124 shs in its capital. Ny State Teachers Retirement Systems invested 0.04% in East West Bancorp, Inc. (NASDAQ:EWBC). Amp Capital Limited invested in 44,461 shs or 0.02% of the stock. Clark Capital Management Group holds 0.67% in East West Bancorp, Inc. (NASDAQ:EWBC) or 342,694 shs. Natixis stated it has 5,080 shs or 0% of all its holdings. British Columbia Invest Corporation reported 0.04% stake. Engineers Gate Manager Limited Partnership reported 0.03% in East West Bancorp, Inc. (NASDAQ:EWBC). Burney Communication owns 5,665 shs or 0.02% of their US capital. California-based Gemmer Asset Management Llc has invested 0.01% in East West Bancorp, Inc. (NASDAQ:EWBC). Clarivest Asset Mngmt Ltd Liability Co owns 24,200 shs for 0.03% of their capital. Legal & General Gp Public Ltd Com reported 284,058 shs stake. Oregon Pub Employees Retirement Fund holds 54,837 shs. One National Association holds 19,067 shs.

East West Bancorp, Inc. had 35 sales and 0 insider buys since January 29, 2018. This’s net activity of $11.30 million. 356 shs were sold by CAMPBELL MOLLY, worth $25,048 on Thursday, June 14. LIU JACK C sold $137,000 worth of stock or 2,000 shs. Oh Irene H also sold $364,948 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Wednesday, June 6. 5,000 shs valued at $348,262 were sold by KRAUSE DOUGLAS PAUL on Thursday, May 31. The insider Chan Iris S sold $133,378.

On July, 19 WallStreet awaited East West Bancorp, Inc. (NASDAQ:EWBC)’s earnings release, Faxor reports. The EPS diference is $0.27 or 33.33 % up from last years number. Previous year: $0.81; Analysts forcast: $1.08. If reported the P/E will be 15.50 with $156.47 million profit. -4.42 % negative EPS growth is what analysts predict. $1.13 EPS was revealed for previous quarter. EWBC reached $66.96 during the last trading session after $0.92 change.East West Bancorp, Inc. has volume of 122,923 shares. Since June 29, 2017 EWBC has risen 26.77% and is uptrending. EWBC outperformed by 14.20% the S&P 500.

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

In total 11 analysts cover East West Bancorp (NASDAQ:EWBC). “Buy” rating has 6, “Sell” are 0, while 5 are “Hold”. (NASDAQ:EWBC) has 55% bullish analysts. 20 are the (NASDAQ:EWBC)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Wednesday, January 31 the firm has “Equal-Weight” rating given by Morgan Stanley. In Tuesday, April 24 report Morgan Stanley maintained the stock with “Equal-Weight” rating. The company rating was maintained by Sandler O’Neill on Thursday, January 25. On Wednesday, March 7 BMO Capital Markets maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating. BMO Capital Markets has “Hold” rating and $74.0 target. On Thursday, April 19 the firm earned “Hold” rating by Keefe Bruyette & Woods. On Tuesday, January 9 the company was maintained by Wells Fargo. On Thursday, February 8 the firm has “Hold” rating given by BMO Capital Markets. The stock rating was maintained by Deutsche Bank with “Hold” on Friday, May 4. On Monday, February 26 the rating was maintained by Keefe Bruyette & Woods with “Hold”. On Thursday, March 29 Sandler O’Neill maintained the shares of EWBC in report with “Buy” rating.

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 firm is worth $9.70 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other.18.65 is the 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.

There’s a substantial East West Bancorp, Inc. (NASDAQ:EWBC) news published by Nasdaq.com. It’s a report titled: “3 Ways To Profit From The Dodd-Frank Reform” on June 27, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.