Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
03 February 1999Website:
http://www.eastwestbank.comNext earnings report:
23 July 2024Last dividends:
02 May 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:00:54 GMTAnalysts recommendations
Institutional Ownership
EWBC Latest News
In this article, I screen the Financials sector for the highest-quality dividend growth companies. Just 23 companies meet my minimum criteria, and only 8 are in the “elite” tier. I highlight one Elite Performer and one Elite Value for investors to consider adding to a diversified portfolio.
East West Bancorp (EWBC) remains well-poised for top-line growth, given the stabilizing deposit costs, diverse revenue streams and loan demand. Yet, high costs and worsening asset quality are woes.
East West Bancorp, Inc. ("East West" or the "Company") (Nasdaq: EWBC) has announced conference calls to discuss financial results on the following dates: Second Quarter 2024 - Tuesday, July 23, 2024 at 2 p.m. PT/5 p.m. ET and Third Quarter 2024 - Tuesday, October 22, 2024 at 2 p.m. PT/5 p.m. ET. The financial results will be released after the market closes on the specified dates.
East West Bancorp, Inc. (Nasdaq: EWBC) will be represented by CFO Christopher Del Moral-Niles at the Wells Fargo 2024 Financial Services Investor Conference on May 14, 2024. The investor presentation for the second quarter will be accessible on the Presentations and Events page.
East West Bancorp (EWBC) remains well-poised for growth amid decent loan demand, high rates and continued client acquisition efforts. However, elevated expenses and poor asset quality are worrisome.
East West Bancorp, Inc. has a dividend yield of around 3%, more than double the S&P 500 dividend yield. The bank has a low cost structure and high employee productivity compared to peers. Valuation of the stock is more narrow relative to the time of my September article, making it more of a hold rather than a buy.
On the hunt for bank stocks in February 2024? Interest rates have increased, presenting opportunities and challenges for bank stocks.
East West Bancorp (EWBC) records a year-over-year decline in revenues and higher expenses in the fourth quarter of 2023.
East West Bancorp, Inc. (EWBC) Q4 2023 Earnings Call Transcript
The headline numbers for East West Bancorp (EWBC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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What type of business is East West Bancorp?
East West Bancorp is one of the largest banking holdings focused on the markets of the United States and Greater China. Founded in 1998. The headquarters is located in Pasadena, California. The holding structure includes 4 fully owned subsidiaries: East-West Investment, Inc. acts as a trustee in connection with mortgage loans secured by real estate. E-W Services, Inc. - a California corporation organized to hold property used by the bank in its operations. East West Bank - one of the largest independent California banks. East West Velo Technology provides technological support for the Bank's global digital banking services.
What sector is East West Bancorp in?
East West Bancorp is in the Financial Services sector
What industry is East West Bancorp in?
East West Bancorp is in the Banks - Regional industry
What country is East West Bancorp from?
East West Bancorp is headquartered in United States
When did East West Bancorp go public?
East West Bancorp initial public offering (IPO) was on 03 February 1999
What is East West Bancorp website?
https://www.eastwestbank.com
Is East West Bancorp in the S&P 500?
No, East West Bancorp is not included in the S&P 500 index
Is East West Bancorp in the NASDAQ 100?
No, East West Bancorp is not included in the NASDAQ 100 index
Is East West Bancorp in the Dow Jones?
No, East West Bancorp is not included in the Dow Jones index
When does East West Bancorp report earnings?
The next expected earnings date for East West Bancorp is 23 July 2024