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Last $40.21 USD
Change Today -0.15 / -0.37%
Volume 396.1K
As of 1:47 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

east west bancorp inc (EWBC) Snapshot

Open
$40.00
Previous Close
$40.36
Day High
$40.50
Day Low
$39.93
52 Week High
06/23/15 - $46.50
52 Week Low
10/16/14 - $30.50
Market Cap
5.8B
Average Volume 10 Days
1.9M
EPS TTM
$2.67
Shares Outstanding
143.9M
EX-Date
07/30/15
P/E TM
15.1x
Dividend
$0.80
Dividend Yield
1.94%
Current Stock Chart for EAST WEST BANCORP INC (EWBC)

east west bancorp inc (EWBC) Related Bloomberg News

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east west bancorp inc (EWBC) Details

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 small and medium-sized businesses, business executives, professionals, and other individuals. The company operates in three segments: Retail Banking, Commercial Banking, and Other. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. The company’s lending portfolio consists of residential single-family and multifamily loans; commercial real estate loans, and construction and land loans; trade finance loans; commercial business loans, including accounts receivable, small business administration, inventory, and working capital loans; and consumer loans, including non-guaranteed student loans, home equity lines of credit, auto loans, and insurance premium financing loans. In addition, it provides financing to facilitate its clients business transactions between Asia and the United States. As of January 21, 2015, the company operated approximately 130 locations in California, Georgia, Nevada, New York, Massachusetts, Texas, and Washington; 5 full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and 5 representative offices in Beijing, Chongqing, Guangzhou, Xiamen, and Taipei. East West Bancorp, Inc. was founded in 1998 and is based in Pasadena, California.

2,637 Employees
Last Reported Date: 03/2/15
Founded in 1998

east west bancorp inc (EWBC) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $1.0M
President, Chief Operating Officer, Director,...
Total Annual Compensation: $598.1K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $387.5K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $372.5K
Compensation as of Fiscal Year 2014.

east west bancorp inc (EWBC) Key Developments

East West Bancorp, Inc. Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revised Earnings Guidance for the Year 2015; Provides Earnings Guidance for the Third Quarter of 2015

East West Bancorp, Inc. reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of $98.7 million or $0.68 per diluted share compared to $84.3 million or $0.59 per diluted share in last year. Compared to the first quarter of 2015, net income for the second quarter of 2015 decreased by $1.3 million or 1% and earnings per diluted share decreased $0.01 or 1%. The company reported interest and dividend income of $255.4 million compared to $294.4 million, net interest income before provision for loan losses of $227.5 million compared to $266.5 million, income before income taxes of $144.4 million compared to $123.0 million, return on average assets of 1.34% compared to 1.25% and return on average equity of 13.25% compared to 12.61% for the last year. For the six months, the company reported net income of $198.8 million or $1.38 per diluted share compared to $158.5 million or $1.11 per diluted share, interest and dividend income of $518.7 million compared to $524.4 million, net interest income before provision for loan losses of $463.2 million compared to $524.4 million, income before income taxes of $291.2 million compared to $239.1 million, return on average assets of 1.37% compared to 1.20% and return on average equity of 13.58% compared to 12.14% for the last year. Book value per common share as on June 30, 2015 was $20.89 compared to $18.84 per share as on June 30, 2014. The company currently estimated that fully diluted earnings per share for the full year of 2015 will range from $2.66 to $2.70, an increase of $0.25 to $0.29 or 10% to 12% from $2.41 for the full year of 2014 and an increase of $0.02 from the previously disclosed guidance for 2015. The company expected an effective tax rate of 32%. The company currently estimated that fully diluted earnings per share for the third quarter of 2015 will range from $0.63 to $0.65.

East West Bancorp, Inc. Declares Dividends Payable on August 17, 2015

East West Bancorp, Inc.’s board of directors has declared third quarter dividends for the company’s common stock. The common stock cash dividend of $0.20 per share is payable on August 17, 2015 to shareholders of record on August 3, 2015.

East West Bancorp, Inc. to Report Q2, 2015 Results on Jul 15, 2015

East West Bancorp, Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 15, 2015

 

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EWBC Competitors

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Cullen/Frost Bankers Inc $64.29 USD +0.10
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Industry Analysis

EWBC

Industry Average

Valuation EWBC Industry Range
Price/Earnings 15.2x
Price/Sales 6.0x
Price/Book 1.9x
Price/Cash Flow 15.2x
TEV/Sales 1.9x
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