East West Bancorp receives Investment Bank Analyst Rating Update
Investing.com - East West Bancorp (NASDAQ: EWBC) reported first quarter EPS of $2.32, $0.12 better than the analyst estimate of $2.20. Revenue for the quarter came in at $660M...
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East West Bancorp, Inc. is a bank holding company that offers a range of banking services to individuals and businesses through its subsidiary, East West Bank (the Bank) and others. The Company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The Consumer and Business Banking segment provides financial products and services to consumer and commercial customers through the Company’s domestic branch network. This segment offers consumer and commercial deposits, mortgage and home equity loans, and other products and services. The Commercial Banking segment primarily generates commercial loans and deposits. Commercial loan products include commercial business loans and lines of credit, trade finance loans and letters of credit, commercial real estate (CRE) loans, construction and land loans, affordable housing loans and letters of credit, asset-based lending and others. The Bank operates in over 120 locations in the United States and China.
|Average||67.18 (+40.40% Upside)|
|No. of Analysts||11|
|Moving Averages||Strong Sell||Strong Sell||Strong Sell||Strong Sell||Strong Sell|
|Technical Indicators||Strong Sell||Strong Sell||Strong Sell||Buy||Strong Sell|
|Summary||Strong Sell||Strong Sell||Strong Sell||Neutral||Strong Sell|