East West Bancorp, Inc. with ticker code (EWBC) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $76.00 and $60.00 suggesting an average Analsyt target price of $68.54. Given that the stocks previous close was at $61.90 this now indicates there is a potential upside of 10.7%. Also worth taking note is the 50 day moving average now sits at $53.89 and the 200 day MA is $56.69. The company has a market cap of 8.69B. The stock price for the company is currently $61.66 USD
The potential market cap would be $9,621,890,872 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 6.96, revenue per share of $16.49 and a 1.92% 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.
