East West Bancorp, Inc. with ticker code (EWBC) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $128.00 and $97.00 with the average share target price sitting at $117.27. (at the time of writing). Given that the stocks previous close was at $99.25 this indicates there is a potential upside of 18.2%. There is a 50 day moving average of $99.67 while the 200 day moving average is $87.76. The company has a market cap of 13.60B. Currently the stock stands at: $98.23 USD
The potential market cap would be $16,068,036,819 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 11.79, revenue per share of $17.18 and a 1.6% return on assets.
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.
