East West Bancorp, Inc. (EWBC) EPS Estimated At $1.08

June 15, 2018 - By Nellie Frank

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 turned negative, 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.
Dreman Value L L C accumulated 139 shares or 0% of the stock. Lord Abbett & Comm Ltd owns 1.51 million shares. Aperio Grp Inc Limited Liability owns 66,195 shares. Pension Serv has 811 shares for 0% of their portfolio. Asset One owns 240,385 shares for 0.03% of their portfolio. New York-based Amalgamated National Bank & Trust has invested 0.05% in East West Bancorp, Inc. (NASDAQ:EWBC). Fisher Asset Ltd Liability holds 0.22% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 3.00 million shares. Chicago Equity Ltd Liability Corporation reported 120,210 shares. 104,770 were reported by Twin Cap Inc. Moreover, Regions Corporation has 0% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 641 shares. Geode Management Llc reported 1.35 million shares. 30,061 are held by Yhb Investment Advsr Incorporated. Smithfield holds 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC) for 80 shares. 42,093 were reported by Metropolitan Life Ins New York. 185,500 were reported by Apg Asset Nv.

Since December 19, 2017, it had 0 insider purchases, and 30 insider sales for $9.56 million activity. $76,616 worth of East West Bancorp, Inc. (NASDAQ:EWBC) was sold by LIU JACK C. KRAUSE DOUGLAS PAUL sold $348,262 worth of East West Bancorp, Inc. (NASDAQ:EWBC) on Thursday, May 31. Shares for $30,016 were sold by CAMPBELL MOLLY. 5,000 shares were sold by Oh Irene H, worth $364,948 on Wednesday, June 6. Chan Iris S sold $133,378 worth of stock or 2,000 shares.

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 stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Buy” rating by Sandler O’Neill on Thursday, January 25. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. On Thursday, March 29 the stock rating was maintained by Sandler O’Neill with “Buy”. On Thursday, January 4 the stock rating was maintained by Sandler O’Neill with “Buy”. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, April 24. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, January 31 report. SunTrust maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Monday, January 8. SunTrust has “Buy” rating and $70.0 target. The stock has “Hold” rating by BMO Capital Markets on Thursday, January 25. DA Davidson maintained East West Bancorp, Inc. (NASDAQ:EWBC) on Tuesday, April 24 with “Neutral” rating. BMO Capital Markets maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating on Thursday, February 8. BMO Capital Markets has “Hold” rating and $66.0 target.

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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