EWBC Stock Recent News
EWBC LATEST HEADLINES
Does East West Bancorp (EWBC) have what it takes to be a top stock pick for momentum investors? Let's find out.
East West Bancorp's (EWBC) second-quarter earnings beat estimates on the back of higher fee income, loans and deposit balances. Yet, a lower NII and higher expenses and provisions remain woes.
While the top- and bottom-line numbers for East West Bancorp (EWBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
East West Bancorp, Inc. (EWBC) Q2 2024 Earnings Call Transcript
East West Bancorp (EWBC) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.20 per share a year ago.
East West Bancorp (EWBC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
East West Bancorp (EWBC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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 is still undervalued despite a 16% price appreciation and has high dividend growth potential. Loan portfolio growth is driven by residential mortgage and C&I loans, while CRE loans show no growth. Management expects loan growth to pick up in Q2 2024, driven by demand for residential and C&I loans.
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period Earnings Release Date Conference Call Time Second Quarter 2024 Tuesday, July 23, 2024 2 p.m. PT/5 p.m. ET Third Quarter 2024 Tuesday, October 22, 2024 2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above. The live au.