East West Bancorp, Inc. which can be found using ticker (EWBC) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $105.00 and $92.00 calculating the mean target price we have $97.87. Given that the stocks previous close was at $82.98 this indicates there is a potential upside of 17.9%. Also worth taking note is the 50 day moving average now sits at $78.68 and the 200 moving average now moves to $73.82. The total market capitalization for the company now stands at 11.54B. Currently the stock stands at: $83.27 USD
The potential market cap would be $13,612,678,054 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 10.68, revenue per share of $16.84 and a 1.56% 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.
