East West Bancorp, Inc. (EWBC) is priced at $125.17, showing a slight increase of 18.72 cents (0.15%) from the previous close of $125. Trading volume is at $259,977, representing a 23.47% increase relative to the average.
The latest quarterly earnings report for EWBC, released on Monday, April 20th, revealed a consensus estimated EPS of 2.46.
EWBC offers a forward dividend yield of 2.56%, with a dividend per share MRQ of 80 cents. Notably, the year-over-year dividend per share has decreased by -18.1818 cents, currently standing at $2.8 TTM.
Piper Sandler recently maintained EWBC's grade at "Neutral," advising investors to hold, with the stock price at $122.67.
The company's operating cash flow is $713.41 million, with cash at the end of the period at $664 million. Notably, the net change in cash is -$4 billion.
EWBC reported revenue of $1.16 billion, generating a gross profit of $738.95 million. The net income stands at $357.80 million, translating to an EPS of $2.59.
Key ratios for EWBC include a net profit margin of 30.86%, return on equity of 3.98%, and a price-to-earnings ratio of 10.3.
The company holds total assets of $82.89 billion, with total liabilities at $73.89 billion and net debt at -$771 million.
This comprehensive report provides insight into the recent performance and financial standing of East West Bancorp, Inc.
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. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.