QUOTE AND NEWS
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 ...
newratings.com  Jul 16  Comment 
WASHINGTON (dpa-AFX) - East West Bancorp Inc. (EWBC), parent company of East West Bank, Wednesday reported second-quarter net income available to common shareholders of $83.99 million or $0.58 per share, up from $72.30 million or $0.52 per share...
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)...
Benzinga  Jun 3  Comment 
Analysts at Evercore Partners upgraded LIN Media LLC (NYSE: LIN) from “equal-weight” to “overweight.” The target price for LIN Media is set to $28. LIN Media's shares closed at $25.51 yesterday. Barclays upgraded East West Bancorp...
Benzinga  Jun 2  Comment 
In a report published Monday, Morgan Stanley analyst Ken A. Zerbe reiterated an Equal-Weight rating and $36.00 price target on East West Bancorp (NASDAQ: EWBC). In the report, Morgan Stanley noted, “We are Equal-weight given near-term EPS...
Benzinga  Apr 30  Comment 
In a report published Wednesday, Deutsche Bank analyst Dave Rochester reiterated a Buy rating on East West Bancorp (NASDAQ: EWBC), and raised the price target from $38.00 to $40.00. In the report, Deutsche Bank noted, “Potential to beat loan...
TheStreet.com  Apr 21  Comment 
NEW YORK (TheStreet) -- Shares of East West Bancorp Inc.  are higher 2.11% to $36.74 on Monday morning following a ratings upgrade to "buy" from "neutral" at Sterne Agee. The firm said it upgraded the bank holding company's rating based on its...
SeekingAlpha  Apr 17  Comment 
Start Time: 11:37 End Time: 12:36 East West Bancorp, Inc. (EWBC) F1Q2014 Earnings Conference Call April 17, 2014 11:30 AM ET Executives Dominic Ng - Chairman and CEO Julia S. Gouw - President and COO Irene H. Oh - Executive VP...




 
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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