East-West Bancorp (EWBC)

• Market cap: $14B
• 1 day: 1.32%
• 5 days: 8.57%
• 1 month: 0.62%
• 3 months: 8.31%
• 6 months: 24.15%
• Year to date: 6.70%
• 1 year: 46.17%
• 5 years: 109.65%
• 10 years: 180.47%
• Sector: Financials
• Industry: State Commercial Banks

About: East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.

Employees: 3,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $6.81M

30% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 47

25% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]

22% more repeat investments, than reductions

Existing positions increased: 176 | Existing positions reduced: 144

9% more capital invested

Capital invested by funds: $9.4B [Q2] → $10.3B (+$879M) [Q3]

2% more funds holding

Funds holding: 448 [Q2] → 458 (+10) [Q3]

2.59% less ownership

Funds ownership: 92.23% [Q2] → 89.64% (-2.59%) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $95 6% downside
• Avg. target: $112 11% upside
• High target: $128 27% upside

11 analyst ratings

• positive: 9 82%
• neutral: 2 18%
• negative: 0 0%

Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target	24% upside $125	Overweight Maintained	19 Dec 2024
UBS Nicholas Holowko 50% 1-year accuracy 4 / 8 met price target	11% upside $112	Neutral Assumed	17 Dec 2024
Compass Point Dave Rochester 67% 1-year accuracy 2 / 3 met price target	24% upside $125	Buy Maintained	10 Dec 2024
Keefe, Bruyette & Woods Christopher Mcgratty 76% 1-year accuracy 13 / 17 met price target	27% upside $128	Outperform Maintained	4 Dec 2024
Wells Fargo Timur Braziler 61% 1-year accuracy 17 / 28 met price target	19% upside $120	Overweight Maintained	3 Dec 2024