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

June 29, 2018 - By Eric Painter

East West Bancorp, Inc. (NASDAQ:EWBC) Corporate Logo
Big Money Sentiment decreased to 1.01 in Q1 2018. It has change of 0.21, from 2017Q4’s 1.22. The ratio worsened due to East West Bancorp, Inc. positioning: 28 sold and 136 reduced. 46 funds amassed holdings and 119 increased holdings. Investors holded 124.03 million in 2017Q4 but now own 122.89 million shares or 0.92% less.
Hahn Capital Mgmt Limited Liability Co reported 516,166 shs. Cap Invsts reported 5.39M shs. Wright Investors Ser Inc reported 0.55% in East West Bancorp, Inc. (NASDAQ:EWBC). 135,496 were reported by Assetmark. Burney Co has 5,665 shs. Moreover, Tower Research Limited Liability Corporation (Trc) has 0.08% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Charter Co reported 0.14% stake. Bridgewater Associates Limited Partnership invested in 10,841 shs. The California-based Quantum Capital has invested 0.12% in East West Bancorp, Inc. (NASDAQ:EWBC). Advisory Svcs Networks Ltd Company has 0.01% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 1,276 shs. Colonial Advsrs stated it has 56,159 shs. Hennessy owns 18,330 shs. World Asset holds 0.02% of its capital in East West Bancorp, Inc. (NASDAQ:EWBC) for 7,474 shs. Credit Suisse Ag holds 0.01% or 182,948 shs in its capital. Aperio Gru Limited Liability Company accumulated 0.02% or 66,195 shs.

East West Bancorp, Inc. registered $11.30 million net activity with 0 insider purchases and 35 sales since January 29, 2018. Chan Iris S sold $133,378 worth of stock. The insider KRAUSE DOUGLAS PAUL sold 5,000 shs worth $348,262. The insider CAMPBELL MOLLY sold 461 shs worth $30,016. LIU JACK C sold 2,000 shs worth $137,000. Oh Irene H also sold $341,432 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shs.

On July, 19 WallStreet expected East West Bancorp, Inc. (NASDAQ:EWBC)’s earnings report, as reported by RTT. Analysts forecast $1.08 earnings per share. That’s $0.27 up or 33.33 % from 2017’s earnings of $0.81. EWBC’s profit could hit $156.47 million if the current earnings per share of $1.08 is accurate. Wall Street now forecasts -4.42 % negative EPS growth despite East West Bancorp, Inc. previous quarter’s EPS of $1.13. EWBC touched $66.96 during the last trading session after $0.92 change.Currently East West Bancorp, Inc. is uptrending after 26.77% change in last June 29, 2017. EWBC has 122,923 shares volume. The stock outperformed the S&P500 by 14.20%.

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

Total analysts of 11 have positions in East West Bancorp (NASDAQ:EWBC) as follows: 6 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 55%. Since January 2, 2018 according to StockzIntelligence Inc East West Bancorp has 20 analyst reports. On Monday, January 8 the stock has “Buy” rating by SunTrust. On Tuesday, April 24 the firm has “Equal-Weight” rating by Morgan Stanley given. On Monday, February 26 the firm has “Hold” rating by Keefe Bruyette & Woods given. On Tuesday, January 2 Barclays Capital maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating. Barclays Capital has “Buy” rating and $70.0 target. On Thursday, January 25 the rating was maintained by SunTrust with “Buy”. On Wednesday, March 7 the rating was maintained by BMO Capital Markets with “Hold”. On Thursday, March 29 the firm has “Buy” rating given by Sandler O’Neill. On Thursday, January 4 the firm has “Buy” rating given by Sandler O’Neill. On Thursday, April 19 the company was maintained by Sandler O’Neill. On Tuesday, April 24 the company was maintained by DA Davidson.

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 $9.70 billion market cap. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other.The P/E ratio is 18.65. 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 brought out by Nasdaq.com. It’s an article titled: “3 Ways To Profit From The Dodd-Frank Reform” on June 27, 2018.

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

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