East West Bancorp inc (EWBC) |
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Price: $74.7200
$-0.49
-0.652%
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Day's High:
| $75.61
| Week Perf:
| -2.17 %
|
Day's Low: |
$ 74.62 |
30 Day Perf: |
2.12 % |
Volume (M): |
760 |
52 Wk High: |
$ 78.64 |
Volume (M$): |
$ 56,795 |
52 Wk Avg: |
$59.32 |
Open: |
$75.41 |
52 Wk Low: |
$41.12 |
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Market Capitalization (Millions $) |
10,607 |
Shares
Outstanding (Millions) |
142 |
Employees |
2,833 |
Revenues (TTM) (Millions $) |
2,483 |
Net Income (TTM) (Millions $) |
1,161 |
Cash Flow (TTM) (Millions $) |
1,133 |
Capital Exp. (TTM) (Millions $) |
0 |
East West Bancorp Inc
East West is a bank holding company incorporated in Delaware on August 26,
1998 and registered under the Bank Holding Company Act of 1956, as amended (“BHCA”).
The Company commenced business on December 30, 1998 when, pursuant to a reorganization,
it acquired all of the voting stock of East West Bank, or the “Bank.”
The Bank is the Company’s principal asset. In addition to the Bank, East
West has six other subsidiaries established as statutory business trusts (the
“Trusts”) and one subsidiary - East West Insurance Services, Inc.
(the “Agency”) that provides business and consumer insurance services.
The Trusts were set up for the purpose of issuing junior subordinated debt to
third party investors.
East West’s principal business is to serve as a holding company for the
Bank and other banking or banking-related subsidiaries which East West may establish
or acquire. As a legal entity separate and distinct from its subsidiaries, East
West’s principal source of funds is, and will continue to be, dividends
that may be paid by its subsidiaries. East West’s other sources of funds
include proceeds from the issuance of its common stock in connection with stock
option and employee stock purchase plans.
East West Bank was the fourth largest independent commercial bank headquartered
in California based on total assets. East West Bank is the largest bank in the
United States that focuses on the financial services needs of individuals and
businesses which operate both in the United States and Greater China, as well
as having a strong focus on the Chinese American community. Through its network
of banking locations in the United States and Greater China, the Bank provides
a wide range of personal and commercial banking services to small and medium-sized
businesses, business executives, professionals, and other individuals. The Bank
offers multilingual services to its customers in English, Cantonese, Mandarin,
Vietnamese and Spanish. The Bank also offers a variety of deposit products which
includes the traditional range of 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 Bank’s lending activities include commercial and residential
real estate, construction, trade finance, and commercial business, including
accounts receivable, small business administration, inventory and working capital
loans. The Bank generally provides commercial business loans to small and medium-sized
businesses. The Bank’s commercial borrowers are engaged in a wide variety
of manufacturing, wholesale trade and service businesses. In addition, the Bank
is focused on providing financing to clients needing a financial bridge that
facilitates their business transactions between the United States and Greater
China.
The Bank’s three operating segments: Retail Banking, Commercial Banking
and Other are based on the Bank’s core strategy. The Retail Banking segment
focuses primarily on retail operations through the Bank’s branch network.
The Commercial Banking segment primarily generates commercial and industrial
loans, and commercial real estate (“CRE”) loans through the domestic
commercial lending offices located in California, New York, Texas, Washington,
Massachusetts, Nevada and Georgia, and through the foreign commercial lending
offices located in China and Hong Kong. Furthermore, the Commercial Banking
segment also offers a wide variety of international finance and trade services
and products.
Company Address: 135 North Los Robles Ave. Pasadena 91101 CA
Company Phone Number: 768-6000 Stock Exchange / Ticker: NASDAQ EWBC
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Customers Net Income grew by |
EWBC's Customers Net Profit Margin grew to |
14.1 % |
10.44 %
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Stock Performances by Major Competitors |
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East West Bancorp Inc
The stock market has been volatile in recent times, with companies reporting mixed financial results for the fourth quarter of 2023. One such company, East West Bancorp Inc, reported a decrease in net profit per share by -29.33% compared to the previous year. This decline in profitability can be attributed to a decrease in revenue by -4.29% to $617.74 million in the same financial reporting period. Despite the decrease in revenue and net profit, East West Bancorp Inc reported a net income of $238.953 million in the fourth quarter of 2023, falling by -29.04% from the corresponding period a year before. The company's operating margin also mitigated to 52.97%, and net margin shrank to 38.68%. However, it is important to note that the build-up in accounts receivable is a strong signal of rising demand, with accounts receivables valued at $51,542.0 million, more than in the preceding quarter.
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East West Bancorp Inc
The stock market has always been a fascinating and ever-changing landscape, presenting investors with opportunities for growth and wealth accumulation. The recent report on East West Bancorp Inc's financial performance in the third quarter of 2023 provides valuable insights into the company's standing and the potential it holds for investors. While the revenue advancement of 0.867% may appear modest, it is essential to note that despite this increase, the company experienced a reduce in income by 2.88% compared to the same reporting season a year before. This may seem concerning at first glance, but it is important to analyze the bigger picture.
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East West Bancorp Inc
/>East West Bancorp Inc., a leading regional bank, recently released its impressive financial results for the fiscal period ending June 30, 2023. The company achieved significant growth in revenue and profits, outperforming its peers in the regional banks sector. While the stock experienced a decline in recent trading days, the overall performance year-to-date remains robust. This article will analyze the financial results of East West Bancorp Inc. and provide insight into its future outlook. I. Revenue and Profit Growth: 1. Revenue: In the fiscal period closing June 30, 2023, East West Bancorp Inc. reported a revenue growth of 15.148% to $619.38 million compared to the previous year. 2. Profits: The company experienced a remarkable 21.55% increase in profits, with earnings per share (EPS) reaching $2.20.
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East West Bancorp Inc
East West Bancorp Inc is a company that has recently reported impressive financial results. In the first quarter of 2023, the company saw a revenue increase of 31.29% year on year, which led to a cumulative value of $2,424 million. Due to this increase, the company's revenue per employee grew on a trailing twelve months basis to $855,464, which marks a new company high. The company has 2,833 employees. It is worth noting that among the companies' peers within the financial sector, employees of 185 other companies have achieved higher revenue per employee. This information suggests that, while East West Bancorp Inc has seen significant growth, there are other companies in the financial sector where employees are more productive and are achieving higher levels of revenue. Additionally, East West Bancorp Inc has actually seen its overall ranking deteriorate compared to the fourth quarter of 2022, from 180 to 185.
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Per Share |
Current |
Earnings (TTM) |
8.18 $ |
Revenues (TTM) |
17.49 $
|
Cash Flow (TTM) |
7.98 $ |
Cash |
-
|
Book Value |
48.97 $
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Dividend (TTM) |
1.93 $ |
|
Per Share |
|
Earnings (TTM) |
8.18 $
|
Revenues (TTM) |
17.49 $ |
Cash Flow (TTM) |
7.98 $ |
Cash |
-
|
Book Value |
48.97 $ |
Dividend (TTM) |
1.93 $ |
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