QUOTE AND NEWS
TheStreet.com  Oct 22  Comment 
NEW YORK (TheStreet) --aEast West Bancorp Inc. was upgraded to "outperform" from "market perform" at BMO Capital on Wednesday. The firm said it raised its rating on the bank holding company based on East West Bancorp's "more favorable earnings...
SeekingAlpha  Oct 21  Comment 
By SA Transcripts: East West Bancorp, Inc. (NASDAQ:EWBC) Q3 2014 Earnings Conference Call October 21 2014 11:30 AM ET Executives Dominic Ng - Chairman & CEO Julia Gouw - President & COO Irene Oh - Executive VP & CFO ...
SeekingAlpha  Oct 21  Comment 
By Christopher F. Davis: East West Bancorp (NASDAQ:EWBC) has just announced its third quarter earnings. It was a pretty strong quarter overall. The bank saw net income of $88.8 million or $0.62 per diluted share. This was a $15.6 million or 21%...
newratings.com  Oct 20  Comment 
WASHINGTON (dpa-AFX) - East West Bancorp, Inc. (EWBC), parent company of East West Bank, reported third-quarter net income OF $88.8 million or $0.62 per share, compared to $73.2 million or $0.53 per share, previous year. Net income per share...
SeekingAlpha  Sep 16  Comment 
By Christopher F. Davis: One of the most potentially extremely rewarding places to invest can be in smaller regional banks that often offer growth and pay excellent dividends. Smaller banks can be much easier to follow compared to larger banks,...
Market Intelligence Center  Jul 25  Comment 
MarketIntelligenceCenter.com’s patented option-trade picking algorithm found two trade ideas on East West Bancorp Inc (EWBC) today after it traded between between $34.55 and $35.42 before closing at $35.30 on Thursday. For more conservative...
SeekingAlpha  Jul 17  Comment 
East West Bancorp, Inc. (NASDAQ:EWBC) Q2 2014 Results Earnings Conference Call July 17, 2014 11:30 a.m. ET Executives Dominic Ng – Chairman & CEO Julia S. Gouw – President & COO Irene H. Oh – Executive VP & CFO ...
DailyFinance  Jul 16  Comment 
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, today reported financial results for the second...
Market Intelligence Center  Jul 16  Comment 
For a hedged play on East West Bancorp Inc (EWBC) MarketIntelligenceCenter.com’s algorithms selected the Jan. '15 $35.00 covered call for a net debit in the $34.01 area. That is also the break-even stock price for the covered call. This trade...
StreetInsider.com  Jun 3  Comment 
UPGRADES Broadcom (Nasdaq: BRCM) raises by two today: CLSA from Outperform to Buy; and Wedbush from Neutral to Outperform while moving its price target from $30 up to $43. Click Here for more color. Goldman Sachs boosts Huntsman (NYSE: HUN)...




 
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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