QUOTE AND NEWS
DailyFinance  Apr 3  Comment 
East West Bancorp (Nasdaq: EWBC) will discuss first quarter 2014 earnings with the public on Thursday, April 17, 2014 at 8:30 A.M. PT/ 11:30 A.M. ET via the Company’s live quarterly earnings conference call. The public and...
StreetInsider.com  Feb 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Deutsche+Bank+Upgrades+East+West+Bancorp+%28EWBC%29+to+Buy/9120414.html for the full story.
SeekingAlpha  Jan 23  Comment 
East West Bancorp (EWBC) Q4 2013 Earnings Call January 23, 2014 11:30 am ET Executives Kelly Adams Dominic Ng - Chairman, Chief Executive Officer, Member of Executive Committee, Chairman of East West Bank and Chief Executive Officer...
StreetInsider.com  Jan 22  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/East-West+Bancorp%2C+Inc.+%28EWBC%29+Reports+In-Line+Q4+EPS%3B+Issues+Light+Q1%2C+FY14+EPS+Outlook/9078878.html for the full story.
Banking Business Review  Jan 20  Comment 
East West Bancorp, parent company of East West Bank, completed the acquisition of MetroCorp Bancshares, parent of MetroBank, and Metro United Bank.
SeekingAlpha  Jan 15  Comment 
By Ashleigh Rogers: For a while now, anything related to China and investing has invoked immediate interest among US investors. In some cases, such as Chinese reverse IPOs and Sino Forest among others, the lack of credible financial statements...
DailyFinance  Jan 3  Comment 
East West Bancorp (Nasdaq: EWBC) will discuss fourth quarter 2013 earnings with the public on Thursday, January 23, 2014 at 8:30 A.M. PT/ 11:30 A.M. ET via the Company’s live quarterly earnings conference call. The public...
StreetInsider.com  Oct 16  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/East-West+Bancorp%2C+Inc.+%28EWBC%29+Misses+Q3+EPS+by+1c/8783665.html for the full story.
Benzinga  Oct 9  Comment 
In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on East West Bancorp (NASDAQ: EWBC) with a Neutral rating and $34.00 price target. In the report, Bank of America noted, “With $23bn in assets,...
Market Intelligence Center  Sep 26  Comment 
A covered call identified by MarketIntelligececenter.com's patented algorithm on East West Bancorp Inc (EWBC) could yield about 3.77% (6.71% annualized, for comparison purposes only) in 205 days. Pair a long position in the stock with the Apr. '14...




 
TOP CONTRIBUTORS

East West Bancorp (NASDAQ: EWBC) is a full-service commercial bank serving consumers and businesses throughout California. Its bank and other subsidiaries are divided into four operating segments: retail banking, commercial lending, treasury, and residential lending.[1] In the wake of the 2008 financial crisis, East West faces unfamiliar challenges as the credit market remains uncertain and the Dodd-Frank Act changes the financial sector.

Business Growth

In 2010, net income more than doubled to $164.6 million from $76.6 million in 2009.[2] The company increased its loan volume and net interest margin from 2009 to 2010 and increased its profitability during each quarter of 2010.[3]

Trends & Forces

Uncertainty in credit market affects lending revenues

EWBC's primary source of revenue is its lending practice - like any commercial bank, East West pays customers interest on their deposits so that it can lend out their money at a higher rate. The net interest margin metric acts as proxy for the bank's ability to earn interest on its assets. In the midst of credit market uncertainty following the 2008 financial crisis, EWBC's ability to lend profitably may be reduced and its net interest margin may decrease.

Dodd-Frank regulation may change investor sentiment

The Dodd-Frank Wall Street Reform and Consumer Protection Act, the government's response to the 2008 Financial crisis, significantly impacts the way the financial sector operates. Its allowance for government support of institutions identified as "too big to fail" may increase the value of identified financial institutions while decreasing the prospects and equity value of smaller financial institutions like East West. In addition, the Act increases financial regulation which may restrict East West's operations and increase back office expenses related to compliance.

Competition

EWBC competes with other commercial banks in California including competing regional banks and national competitors:

East West and its competitors increase revenues and income by increasing their deposit and loan volume. The industry is competitive as companies increase their deposit interest rates while decreasing their loan rates and fees to attract customers.

References

  1. EWBC 2010 10-K pg. 44  
  2. EWBC 2010 10-K pg. 134  
  3. EWBC 2010 10-K pg. 37  
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