Last €25.39 EUR
Change Today -0.015 / -0.06%
Volume 0.0
EW2 On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 2:08 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

east west bancorp inc (EW2) Snapshot

Open
€25.46
Previous Close
€25.40
Day High
€25.46
Day Low
€25.39
52 Week High
03/21/14 - €27.53
52 Week Low
09/4/13 - €21.64
Market Cap
3.6B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
143.4M
EX-Date
07/30/14
P/E TM
--
Dividend
€0.72
Dividend Yield
1.90%
Current Stock Chart for EAST WEST BANCORP INC (EW2)

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east west bancorp inc (EW2) Details

East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company operates in three segments: Retail Banking, Commercial Banking, and Other. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. The company’s lending portfolio consists of residential single-family and multifamily loans; commercial real estate loans, and construction and land loans; trade finance loans; commercial business loans, including accounts receivable, small business administration, inventory, and working capital loans; and student and other consumer loans. In addition, it provides financing to facilitate its clients business transactions between Asia and the United States. It operates a network of 94 banking locations throughout California, 6 branches in New York, 4 branches in Georgia, 2 branches in Massachusetts, 1 branch in Nevada, 1 branch in Texas, and 4 branches in Washington; 3 full-service branches in Hong Kong, Shanghai, and Shantou; 3 representative offices in Beijing, Guangzhou, and Shenzhen, China; and 1 in Taipei, Taiwan. East West Bancorp, Inc. was founded in 1998 and is based in Pasadena, California.

2,450 Employees
Last Reported Date: 03/3/14
Founded in 1998

east west bancorp inc (EW2) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $1.0M
Vice Chairman, President, Chief Operating Off...
Total Annual Compensation: $580.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $359.2K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $356.7K
Chief Human Resources Officer of East West Ba...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2013.

east west bancorp inc (EW2) Key Developments

East West Bancorp, Inc. Declares Third Quarter Common Stock Dividend Payable on or About August 15, 2014

East West Bancorp, Inc.'s Board of Directors has declared third quarter dividends for the common stock. The common stock cash dividend of $0.18 is payable on or about August 15, 2014 to shareholders of record on August 1, 2014.

East West Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

East West Bancorp, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's net income available to common shareholders was $84.0 million or $0.58 per diluted share compared to $72.30 million or $0.52 per diluted share reported a year ago. The company increased second quarter net income by $10.0 million or 13% and earnings per diluted share by $0.06 or 12% from the prior year period. Return on assets was 1.24% compared to 1.29% reported a year ago. Return on equity was 12.56% compared to 12.59% reported a year ago. Tangible book value per common share was $15.28 compared to $14.72 as at March 31, 2014. The increase in earnings from both the prior quarter and prior year period is largely fueled by its strong loan growth. Net interest income, adjusted, was $218.35 million compared to $192.17 million reported a year ago. Interest and dividend income was $294.44 million compared to $255.35 million reported a year ago. Income before provision for income taxes was $115.60 million compared to $111.87 million reported a year ago. For the six months, the company's interest and dividend income was $580.62 million compared to $493.77 million reported a year ago. Income before provision for income taxes was $227.3 million compared to $218.4 million reported a year ago. Net income available to common stockholders was $160.73 million or $1.12 per diluted share compared to $142.68 million or $1.03 per diluted share reported a year ago. Net interest income after provision for loan losses was $509.48 million compared to $423.61 million reported a year ago. Return on assets was 1.21% compared to 1.29% reported a year ago. Return on equity was 12.31% compared to 12.52% reported a year ago. The company provided earnings guidance for the third quarter and full year of 2014. The company currently estimates that fully diluted earnings per share for the full year of 2014 will range from $2.29 to $2.33, an increase of $0.19 to $0.23 or 9% to 11% from $2.10 for the full year of 2013. This EPS guidance for the remainder of 2014 is based on an adjusted net interest margin ranging from 3.35% to 3.40%, total loan growth of approximately $400 million per quarter, provision for loan losses of approximately $5.0 million to $8.0 million per quarter, noninterest expense of approximately $120 million to $125 million per quarter, and an effective tax rate of 29%. The company currently estimates that fully diluted earnings per share for the third quarter of 2014 will range from $0.58 to $0.60.

East West Bancorp, Inc. to Report Q2, 2014 Results on Jul 16, 2014

East West Bancorp, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 16, 2014

 

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EW2

Industry Average

Valuation EW2 Industry Range
Price/Earnings 15.8x
Price/Sales 5.7x
Price/Book 1.8x
Price/Cash Flow 16.1x
TEV/Sales 1.0x
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