East West Bancorp, Inc. $EWBC Stock Sold by Vest Financial LLC

Vest Financial LLC decreased its holdings in shares of East West Bancorp, Inc. (NASDAQ:EWBC) by 35.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,767 shares of the financial services provider’s stock after selling 122,334 shares during the quarter. Vest Financial LLC’s holdings in East West Bancorp were worth $27,484,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWBC. BlackRock Inc. bought a new stake in shares of East West Bancorp during the 2nd quarter worth about $1,744,958,000. Bank of America Corp DE acquired a new position in East West Bancorp in the 2nd quarter valued at about $221,652,000. Bank of New York Mellon Corp bought a new position in East West Bancorp in the 2nd quarter valued at about $130,744,000. The Manufacturers Life Insurance Company bought a new position in East West Bancorp in the 2nd quarter valued at about $36,995,000. Finally, Renaissance Technologies LLC raised its holdings in East West Bancorp by 503.5% in the 1st quarter. Renaissance Technologies LLC now owns 263,333 shares of the financial services provider’s stock valued at $28,113,000 after acquiring an additional 219,700 shares during the period. 89.53% of the stock is owned by institutional investors.

East West Bancorp Stock Up 2.4%

Shares of EWBC opened at $131.39 on Thursday. East West Bancorp, Inc. has a one year low of $98.08 and a one year high of $137.47. The company has a market cap of $18.00 billion, a P/E ratio of 12.24, a P/E/G ratio of 1.40 and a beta of 0.98. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a 50 day simple moving average of $128.24 and a two-hundred day simple moving average of $126.79.

East West Bancorp (NASDAQ:EWBC) last issued its earnings results on Tuesday, October 20th. The financial services provider reported $2.76 EPS for the quarter, topping the consensus estimate of $2.72 by $0.04. The firm had revenue of $822.72 million during the quarter, compared to the consensus estimate of $811.07 million. East West Bancorp had a return on equity of 16.07% and a net margin of 30.75%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.65 earnings per share. Research analysts forecast that East West Bancorp, Inc. will post 10.64 EPS for the current fiscal year.

East West Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 17th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, November 2nd. East West Bancorp’s payout ratio is 30.77%.

More East West Bancorp News

Here are the key news stories impacting East West Bancorp this week:

• Positive Sentiment: Record Q3 performance exceeded expectations. East West Bancorp reported net income of $382 million, or $2.76 per diluted share, compared with analyst expectations of approximately $2.69–$2.72. Revenue reached a record $823 million, up 5.8% year over year and above the roughly $811 million consensus estimate. East West Bancorp Releases Q3 2026 Financial Results
• Positive Sentiment: Net interest income guidance was raised. Management increased its full-year net interest income growth outlook to 9%–10%, signaling confidence in lending activity, funding trends and future bank earnings. East West Bancorp: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Deposit growth strengthened the outlook. Net deposits increased by more than $1.4 billion during the quarter, while total deposits reached $71.5 billion and loans reached $59.7 billion at September 30. Net interest income rose 5% sequentially to $719 million.
• Positive Sentiment: The dividend was maintained. The board declared a quarterly cash dividend of $0.80 per share, or $3.20 annualized, payable November 17 to shareholders of record November 2. The indicated yield is approximately 2.4%. East West Bancorp Declares Fourth-Quarter Dividend
• Negative Sentiment: Recent insider trading was a potential overhang. Reported insider activity showed 11 open-market sales and no purchases over the past six months, including sales by senior executives. These transactions may temper some investor enthusiasm, although they do not offset the quarter’s fundamental improvements.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on EWBC shares. Citigroup reduced their price objective on East West Bancorp from $156.00 to $152.00 and set a “buy” rating for the company in a report on Tuesday, September 22nd. Stephens increased their target price on East West Bancorp from $129.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. TD Cowen lifted their price target on East West Bancorp from $150.00 to $153.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays lifted their price target on East West Bancorp from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of East West Bancorp in a research report on Tuesday, October 6th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $144.15.

Insider Transactions at East West Bancorp

In other news, Director Jack Liu sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $135.02, for a total value of $135,020.00. Following the sale, the director directly owned 13,709 shares of the company’s stock, valued at approximately $1,850,989.18. This represents a 6.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Manuel Alvarez sold 810 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $130.40, for a total transaction of $105,624.00. Following the sale, the director directly owned 10,629 shares in the company, valued at $1,386,021.60. This trade represents a 7.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 11,810 shares of company stock worth $1,564,344. Company insiders own 0.94% of the company’s stock.

East West Bancorp Profile

East West Bancorp, Inc is the parent company of East West Bank, a full-service commercial bank headquartered in Pasadena, California. The bank serves businesses, professionals, consumers and institutions through a range of deposit, lending and financial services.

Its products and services include commercial and industrial loans, commercial real estate financing, residential and consumer lending, checking and savings accounts, treasury management, international banking, wealth management and foreign-exchange services.