Vmbook Online ordering
Eastern Virginia Bankshares In
Popular banks in Southeast area of USA, East West Bank, with a stock symbol of EWBC, has 131 branches across California, Georgia, Texas, New York, and Massachusetts, but the main headquarters is in Pasadena, California.
East West Bank' Apollo merger in summer 2019 made it the largest publicly traded bank in Southern California and the 3rd largest in the Southeast,
it has increased 134% over the past year, it has made huge gains from the payment of covid-related unemployment benefits, as well as the US government's Economic Impact Payments to individuals and businesses as part of thecovid relief effort, but it also has helped diversify its loan portfolio to minimize the impact of declining PPP loan forgiveness.
As of May 2022, the largest shareholders include: Dominic Ng, Chairman, CEO, President and Director, owns 1,371,154 shares; Irene H. Chang, director, owns 41,633 shares; and Douglas Paul. Chen, executive VP, and CFO, owns 47,424 shares.
The company's financial statements are published regularly and indicate that its estimated EPS is 1.26, its EPS growth is 21.85%, EBITDA is 1,027 million, EBITDA growth is 86.74%, and its book value is 25.66. Its market capitalization is approximately 15.83 billions USD.
its 52-week low and hih is 76.70-104.54 USD. analysts recommend buying the stock with a 1.5 rating, with a target price of USD 121.25.
East West Bank is a public bank with a market capitalization of 14.83 billion USD, its stock symbol is EWBC, and it is traded on the NASDAQ.
It has a beta of 1.58, meaning its volatility is higher than the overall market. Its P/E ratio is 8.06, which is lower than the overall industry's P/E ratio of 8.64. It has historically been less volatile than the overall market. A low P/E ratio indicates that investors have high expectations for future profit growth, which may mean that the company is undervalued.
East West bank has a high Piotroski F-score of 7, indicating a very healthy and sustainable future. Its return on equity is 13.63, making it one of the best choices for long-term investment.
East West Bank also provides a high;y competitive dividend yield of 3.8%, above the industry average of 3.6%. EWBC has increased its dividend payout by 115% in recent years, indicating a promising outlook for dividend investors.
EWBC's declining stock price and high dividend yield may attract value investors seeking income and growth potential. However, investors should consider macroeconomic factors and East West Bank's performance in the coming quarters before making an investment decision.