- East West Bancorp‘s earnings per share (EPS) for the first quarter were $2.08, surpassing the predicted $2.05.
- The company experienced an 8% growth in fee income compared to the previous quarter, showcasing strong customer activity.
- Net interest margin improved by 11 basis points from the previous quarter, attributed to strategic deposit cost optimization.
- The company’s net interest income for the quarter exceeded $600 million.
- Current analyst ratings for East West Bancorp include 10 buy recommendations, 4 hold ratings, and 1 sell rating.
A look at East West Bancorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
East West Bancorp, Inc., the holding company for East-West Bank, seems to have a promising long-term outlook according to Smartkarma Smart Scores. With strong scores across Value, Dividend, Growth, and Resilience factors, the company appears to be in a solid position. This indicates that East West Bancorp is performing well in terms of its financial health, dividend payouts, growth potential, and ability to weather economic downturns. While its Momentum score is slightly lower, the overall outlook for the company looks positive.
East-West Bank, operating in key California counties, focuses on commercial, construction, and real estate lending, along with international trade financing. The company’s diverse portfolio and regional presence position it well for sustained growth and stability. With solid scores in key metrics, East West Bancorp may attract investors looking for a reliable and potentially rewarding long-term investment opportunity in the banking sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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