East West Bancorp (NASDAQ:EWBC – Get Free Report) posted its quarterly earnings data on Tuesday. The financial services provider reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.02, FiscalAI reports. East West Bancorp had a net margin of 29.59% and a return on equity of 16.00%. The firm had revenue of $791.14 million during the quarter, compared to analyst estimates of $784.47 million. During the same quarter last year, the business posted $2.24 EPS.
Here are the key takeaways from East West Bancorp’s conference call:
- East West Bancorp reported record second-quarter revenue, net interest income, and non-interest income, supported by record levels of loans and deposits.
- End-of-period deposits rose 8% year over year and loans increased 7% year over year, with especially strong growth in demand deposits, residential mortgage, and C&I lending.
- Management raised full-year guidance, increasing expected loan growth to 6%-8% and NII growth to 7%-9%, while also narrowing expense growth guidance to 8%-9%.
- Asset quality remained broadly stable, though net charge-offs rose to 19 bps from 9 bps in the prior quarter and criticized loans/non-performing assets saw modest movement. The company reaffirmed its full-year charge-off guidance of 15-25 bps.
- The bank reiterated that its capital position remains a key strength, with a 15.4% CET1 ratio and 10.4% tangible common equity, and it still has $117 million of buyback authorization remaining.
East West Bancorp Trading Down 0.4%
Shares of NASDAQ EWBC opened at $133.40 on Wednesday. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 1.54 and a beta of 0.94. The business has a 50 day simple moving average of $127.49 and a 200 day simple moving average of $119.21. East West Bancorp has a 52 week low of $92.67 and a 52 week high of $136.24. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 0.88.
Insider Buying and Selling at East West Bancorp
Hedge Funds Weigh In On East West Bancorp
Hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC lifted its holdings in East West Bancorp by 1.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 5,674 shares of the financial services provider’s stock worth $604,000 after buying an additional 102 shares in the last quarter. Quarry LP boosted its holdings in East West Bancorp by 35.4% in the third quarter. Quarry LP now owns 390 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 102 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its holdings in East West Bancorp by 1.1% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 9,195 shares of the financial services provider’s stock valued at $1,033,000 after acquiring an additional 102 shares during the last quarter. Wilmington Savings Fund Society FSB increased its position in East West Bancorp by 44.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 366 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 113 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in East West Bancorp by 2.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,356 shares of the financial services provider’s stock worth $490,000 after purchasing an additional 118 shares during the last quarter. 89.53% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
EWBC has been the subject of a number of research analyst reports. Morgan Stanley increased their target price on East West Bancorp from $128.00 to $131.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. UBS Group increased their price objective on East West Bancorp from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings restated a “buy (b)” rating on shares of East West Bancorp in a research report on Friday, July 10th. DA Davidson upped their target price on East West Bancorp from $135.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Barclays increased their price target on shares of East West Bancorp from $142.00 to $150.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.31.
View Our Latest Stock Report on EWBC
East West Bancorp News Summary
Here are the key news stories impacting East West Bancorp this week:
- Positive Sentiment: East West Bancorp reported Q2 2026 EPS of $2.63, topping estimates of $2.61, while revenue of $791.1 million also beat expectations. The results were highlighted by 18% year-over-year EPS growth, which supports the stock’s recent strength. Article Title
- Positive Sentiment: The company said total loans and deposits reached record levels in the quarter, and book value per share rose 13% year over year, suggesting healthy balance-sheet growth and operational momentum. Article Title
- Positive Sentiment: Multiple post-earnings summaries described the quarter as strong and noted that EWBC beat both earnings and revenue estimates, which typically supports investor sentiment and can help explain upward pressure on the shares. Article Title
- Positive Sentiment: Analysts now rate East West Bancorp (EWBC) a Moderate Buy on consensus, reinforcing expectations for continued solid performance after the earnings release. Article Title
East West Bancorp Company Profile
East West Bancorp, Inc is a bank holding company and the parent of East West Bank, one of the largest independent banks headquartered in Southern California. As a full-service commercial bank, it provides a broad range of financial products and services to business and individual customers, including commercial and residential real estate lending, working capital lines of credit, trade finance, and deposit and treasury management services. The company caters to both large and middle-market businesses, leveraging its expertise to serve clients engaged in cross-border trade and investment between the United States and Greater China.
Founded in Los Angeles in the early 1970s, East West Bank has grown steadily through organic expansion and strategic branch openings.
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