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East West Bancorp Inc Stock Research

EWBC

58.39USD+1.67(+2.94%)Delayed

Market Summary

USD58.39+1.67
Delayed
2.94%

EWBC Alerts

EWBC Stock Price

EWBC RSI Chart

EWBC Valuation

Market Cap

8.2B

Price/Earnings (Trailing)

7.29

Price/Sales (Trailing)

3.54

EV/EBITDA

1.35

Price/Free Cashflow

3.98

EWBC Price/Sales (Trailing)

EWBC Profitability

EBT Margin

60.81%

Return on Equity

18.85%

Return on Assets

1.76%

Free Cashflow Yield

25.11%

EWBC Fundamentals

EWBC Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

80.08%

Revenue Q/Q

21.17%

EWBC Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

54.62%

Earnings Q/Q

14.03%

Price Action

52 Week Range

33.8683.91
(Low)(High)

Last 7 days

-22.2%

Last 30 days

-27.4%

Last 90 days

-10.4%

Trailing 12 Months

-24.6%

EWBC Financial Health

Debt/Equity

0.03

Debt/Cashflow

13.56

EWBC Investor Care

Dividend Yield

2.74%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

0.68%

Diluted EPS (TTM)

7.92

Peers (Alternatives to East West Bancorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
56.4B
40.0B
-14.70% -31.35%
5.3
1.79
34.99% -10.60%
22.3B
6.2B
-22.59% -28.16%
16.16
3.57
58.61% -25.85%
16.0B
7.1B
-27.51% -33.22%
7.74
2.27
45.54% -10.61%
MID-CAP
8.2B
2.3B
-27.37% -24.64%
7.29
3.54
43.40% 29.22%
7.2B
999.0M
-11.45% -17.22%
14.81
7.24
17.76% -7.98%
6.3B
5.7B
-67.21% -80.32%
3.9
1.11
72.48% -22.38%
5.9B
1.1B
-15.99% -8.34%
11.26
5.39
4.58% 1.01%
4.6B
432.9M
-14.26% -28.54%
19.6
10.62
15.00% 3.04%
4.0B
2.7B
-56.96% -60.33%
3.75
1.47
62.28% 17.58%
3.8B
2.5B
-26.66% -36.10%
3.43
1.54
16.17% 17.94%
SMALL-CAP
2.0B
450.9M
-15.05% -7.40%
10.04
4.35
1.16% -2.82%
1.9B
380.5M
-23.55% -29.09%
17.63
4.94
51.31% -14.39%
1.8B
239.6M
-3.96% -15.64%
17.15
7.43
23.99% 8.44%
1.7B
674.7M
-20.29% -19.11%
7.99
2.51
14.59% -3.52%

Financials for East West Bancorp

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue17.1%2,3211,9831,7701,6691,619
EBITDA10.7%3,6173,2693,0152,858-
EBITDA Margin-5.5%1.56*1.65*1.70*1.71*-
Earnings Before Taxes8.6%1,4121,3001,1891,1191,056
EBT Margin-7.3%0.61*0.66*0.67*0.67*-
Interest Expenses10.8%2,0461,8461,6901,5931,532
Net Income11.8%1,1281,009939906873
Net Income Margin-4.5%0.49*0.51*0.53*0.54*-
Free Cahsflow1.3%2,0662,0391,6941,106-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.5%64,11262,57662,39462,24160,871
    Cash Equivalents60.9%3,4822,1631,9023,8493,913
  Net PPE-2.6%89.0092.0094.0096.0097.00
  Goodwill0.0%466466466466466
Liabilities2.1%58,12856,91556,78556,53855,033
  Long Term Debt-0.1%152153153152152
Shareholder's Equity5.7%5,9855,6615,6095,7035,837
  Retained Earnings5.3%5,5835,3035,0654,8644,684
  Additional Paid-In Capital0.5%1,9361,9261,9141,9031,894
Accumulated Depreciation1.4%148146144141139
Shares Outstanding-0.4%141141142--
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations1.3%2,0662,0391,6941,1121,168
  Share Based Compensation-0.7%38.0038.0034.0033.0033.00
Cashflow From Investing17.4%-4,582-5,549-7,490-6,453-9,117
Cashflow From Financing148.4%2,1148511,7114,5617,835
  Buy BacksInfinity%1000.000.000.00-

Risks for EWBC

What is the probability of a big loss on EWBC?

71.9%


Probability that East West Bancorp stock will be more than 20% underwater in next one year

36.5%


Probability that East West Bancorp stock will be more than 30% underwater in next one year.

28.9%


Probability that East West Bancorp stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EWBC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if East West Bancorp was unfortunately bought at previous high price.

Drawdowns

Returns for EWBC

Cumulative Returns on EWBC

10.5%


10-Year Cumulative Returns

10.6%


7-Year Cumulative Returns

-0.9%


5-Year Cumulative Returns

23.6%


3-Year Cumulative Returns

What are the long-term rolling returns for EWBC?

FIve years rolling returns for East West Bancorp.

Annualized Returns

Which funds bought or sold EWBC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
7.49
1,973,280
37,814,300
0.04%
2023-03-06
Rockefeller Capital Management L.P.
added
87.75
58,000
125,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-464
5,536
-%
2023-02-28
Voya Investment Management LLC
reduced
-1.73
-214,503
5,842,500
0.01%
2023-02-24
NATIXIS
sold off
-100
-4,391,000
-
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-0.05
-2,736
125,264
0.02%
2023-02-22
CVA Family Office, LLC
new
-
659
659
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-446,000
23,649,000
0.25%
2023-02-21
MACQUARIE GROUP LTD
reduced
-20.13
-58,063,000
210,381,000
0.25%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
13.65
23,177
228,177
-%

1–10 of 45

Latest Funds Activity

Are funds buying EWBC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own EWBC
No. of Funds

East West Bancorp News

Seeking Alpha

Retiree's Dividend Portfolio: SVB's Failure Presents Opportunity.

Seeking Alpha,
29 hours ago

Zacks Investment Research

Scoop up These 4 GARP Stocks to Get Handsome Returns.

Zacks Investment Research,
3 days ago

Yahoo Finance

Morningstar

InvestorsObserver

GuruFocus.com

5 Predictable Bank Stocks With.

GuruFocus.com,
8 days ago

Schedule 13G FIlings of East West Bancorp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
8.8%
12,372,131
SC 13G/A
Feb 09, 2023
vanguard group inc
10.40%
14,665,380
SC 13G/A
Jan 24, 2023
blackrock inc.
9.2%
13,021,208
SC 13G/A
Sep 09, 2022
vanguard group inc
10.00%
14,094,967
SC 13G/A
Feb 14, 2022
aristotle capital management, llc
1.93%
2,736,571
SC 13G/A
Feb 11, 2022
capital international investors
8.7%
12,348,820
SC 13G/A
Feb 09, 2022
vanguard group inc
9.67%
13,717,144
SC 13G/A
Feb 03, 2022
blackrock inc.
8.8%
12,431,829
SC 13G/A
Feb 16, 2021
capital international investors
8.7%
12,319,426
SC 13G
Feb 10, 2021
vanguard group inc
9.28%
13,135,116
SC 13G/A

EWBC Fair Value

East West Bancorp fair value in different scenarios

The table shows the Fair Value estimates for East West Bancorp for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

33.09

-43.33%

62.37

6.82%

92.52

58.45%

134.98

131.17%

175.97

201.37%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical East West Bancorp Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of East West Bancorp

View All Filings
Date Filed Form Type Document
Mar 15, 2023
8-K
Current Report
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
8-K
Current Report
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Feb 27, 2023
10-K
Annual Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for EWBC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
Oh Irene H
bought
495,130
49.513
10,000
chief financial officer
2023-03-04
Oh Irene H
sold (taxes)
-999,997
75.25
-13,289
chief financial officer
2023-03-04
TEO GARY
acquired
-
-
7,015
executive vice president
2023-03-04
KRAUSE DOUGLAS PAUL
sold (taxes)
-802,767
75.25
-10,668
vice chairman
2023-03-04
NG DOMINIC
acquired
-
-
205,256
chief executive officer
2023-03-04
KRAUSE DOUGLAS PAUL
acquired
-
-
25,545
vice chairman
2023-03-04
NG DOMINIC
sold (taxes)
-6,747,590
75.25
-89,669
chief executive officer
2023-03-04
Oh Irene H
acquired
-
-
34,210
chief financial officer
2023-03-04
TEO GARY
sold (taxes)
-187,297
75.25
-2,489
executive vice president
2023-01-31
LIU JACK C
sold
-154,000
77.00
-2,000
-

1–10 of 50

Dominic Ng
3100
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 businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.

EWBC Income Statement

2022-12-31
CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST AND DIVIDEND INCOME   
Loans receivable, including fees$ 2,048,301,000$ 1,424,900,000$ 1,464,382,000
Debt Securities198,906,000143,983,00082,553,000
Resale agreements29,767,00032,239,00021,389,000
Restricted equity securities3,144,0002,081,0001,543,000
Interest-bearing cash and deposits with banks41,113,00015,531,00025,175,000
Total interest and dividend income2,321,231,0001,618,734,0001,595,042,000
INTEREST EXPENSE   
Deposits251,838,00069,159,000184,742,000
Federal funds purchased and other short-term borrowings1,801,00042,0001,504,000
FHLB advances1,754,0006,881,00013,792,000
Repurchase agreements14,362,0007,999,00011,766,000
Long-term debt and finance lease liabilities5,595,0003,082,0006,045,000
Total interest expense275,350,00087,163,000217,849,000
Net interest income before provision for (reversal of) credit losses2,045,881,0001,531,571,0001,377,193,000
Provision for (reversal of) credit losses73,500,000(35,000,000)210,653,000
Net interest income after provision for (reversal of) credit losses1,972,381,0001,566,571,0001,166,540,000
NONINTEREST INCOME   
Lending fees79,208,00077,704,00074,842,000
Deposit account fees88,435,00071,261,00048,148,000
Interest rate contracts and other derivative income29,057,00022,913,00031,685,000
Foreign exchange income48,158,00048,977,00022,370,000
Wealth management fees27,565,00025,751,00017,494,000
Net gains on sales of loans6,411,0008,909,0004,501,000
Gains on sales of AFS debt securities1,306,0001,568,00012,299,000
Other investment income7,037,00016,852,00010,641,000
Other income11,489,00011,960,00013,567,000
Total noninterest income298,666,000285,895,000235,547,000
NONINTEREST EXPENSE   
Compensation and employee benefits477,635,000433,728,000404,071,000
Occupancy and equipment expense62,501,00062,996,00066,489,000
Deposit insurance premiums and regulatory assessments19,449,00017,563,00015,128,000
Deposit account expense25,508,00016,152,00013,530,000
Data processing14,517,00016,263,00016,603,000
Computer software expense28,259,00030,600,00029,033,000
Other operating expense118,166,00096,330,00092,646,000
Amortization of Tax Credit and Other Investments113,358,000122,457,00070,082,000
Repurchase agreements’ extinguishment cost008,740,000
Total noninterest expense859,393,000796,089,000716,322,000
INCOME BEFORE INCOME TAXES1,411,654,0001,056,377,000685,765,000
INCOME TAX EXPENSE283,571,000183,396,000117,968,000
NET INCOME$ 1,128,083,000$ 872,981,000$ 567,797,000
EARNINGS PER SHARE (“EPS”)   
BASIC (in dollars per share)$ 7.98$ 6.16$ 3.99
DILUTED (in dollars per share)$ 7.92$ 6.10$ 3.97
WEIGHTED-AVERAGE NUMBER OF SHARES OUTSTANDING   
BASIC (in shares)141,326141,826142,336
DILUTED (in shares)142,492143,140142,991

EWBC Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and due from banks$ 534,980$ 527,317
Interest-bearing cash with banks2,946,8043,385,618
Cash and cash equivalents3,481,7843,912,935
Interest-bearing deposits with banks139,021736,492
Assets purchased under resale agreements (“resale agreements”)792,1922,353,503
Securities:  
Available-for-sale ("AFS") debt securities, at fair value (amortized cost of $6,879,225 and $10,087,179)6,034,9939,965,353
Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,455,171)3,001,8680
Loans held-for-sale25,644635
Loans held-for-investment (net of allowance for loan losses of $595,645 and $541,579)47,606,78541,152,202
Investments in qualified affordable housing partnerships, tax credit and other investments, net763,256628,263
Premises and equipment (net of accumulated depreciation of $148,126 and $139,358)89,19197,302
Goodwill465,697465,697
Operating lease right-of-use assets103,68198,632
Other assets1,608,0381,459,687
TOTAL64,112,15060,870,701
Deposits:  
Noninterest-bearing21,051,09022,845,464
Interest-bearing34,916,75930,505,068
Total deposits55,967,84953,350,532
Federal Home Loan Bank (“FHLB”) advances0249,331
Assets sold under repurchase agreements (“repurchase agreements”)300,000300,000
Long-term debt and finance lease liabilities152,400151,997
Operating lease liabilities111,931105,534
Accrued expenses and other liabilities1,595,358876,089
Total liabilities58,127,53855,033,483
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY  
Common stock, $0.001 par value, 200,000,000 shares authorized; 168,459,045 and 167,790,645 shares issued168168
Additional paid-in capital1,936,3891,893,557
Retained earnings5,582,5464,683,659
Treasury stock, at cost 27,511,199 and 25,882,691 shares(768,862)(649,785)
Accumulated other comprehensive loss (“AOCI”), net of tax(765,629)(90,381)
Total stockholders’ equity5,984,6125,837,218
TOTAL$ 64,112,150$ 60,870,701